Global Gypsum Board Market 2023-2029
Gypsum board is a range of panel products that consists of a noncombustible core, composed primarily of gypsum, as well as paper faces on the surface, back and long edges. Due to its inherent fire resistance, gypsum board is the premier building material for wall, ceiling and partition systems in residential, institutional and commercial structures. When joints and fastener heads are covered by a joint treatment system, gypsum products are designed to provide a monolithic surface that also offers sound control, economy, versatility, quality and convenience. According to the latest research, the global gypsum board market is poised to grow by 6.1 billion square meters during 2023-2029, progressing at a CAGR of 5.9% during the forecast period.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global gypsum board market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for gypsum board can be segmented by product: ceiling board, pre-decorated board, wall board. The wall board segment captured the largest share of the market in 2022, accounting for more than 50.4% of the total market. Gypsum board market is further segmented by end user: commercial, industrial, institutional, residential. The residential segment held the largest share of the global gypsum board market in 2022, accounting for more than 47.8% of the total market. Based on region, the gypsum board market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America was the highest contributor to the global gypsum board market. Going forward, Asia-Pacific is projected to witness the highest CAGR during the forecast period.
Market Segmentation
By product: ceiling board, pre-decorated board, wall board
By end user: commercial, industrial, institutional, residential
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The global gypsum board market report offers detailed information on several market vendors, including Beijing New Building Material (Group) Co., Ltd. (China National Building Material Group Co., Ltd.), Boral Limited, Compagnie de Saint-Gobain S.A. (CertainTeed), Dehua TB New Decoration Material Co., Ltd., Eagle Materials Inc., Etex NV, Everest Industries Ltd., Georgia-Pacific LLC (Koch Industries Inc.), Global Gypsum Board Company LLC (Gypcore), Gypsemna Company LLC, Hangzhou Huahai Wood Industry Co., Ltd. (Treezo Group), Jason Gypsum Board (Jiaxing) Co., Ltd., KCC Corporation, Knauf AG, Luofeier Building Material (Shenyang) Group Co., Ltd., National Gypsum Company (Delcor, Inc.), PABCO Building Products, LLC (Pacific Coast Building Products, Inc.), Shandong Baier Building Materials Co., Ltd., United Mining Industries Ltd. (UMI), Winstone Wallboards Limited (Fletcher Building Limited), Yoshino Transport Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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