The Gypsum Board Market size is estimated at 16.01 Billion square meters in 2024, and is expected to reach 21.63 Billion square meters by 2029, growing at a CAGR of 6.19% during the forecast period (2024-2029).
COVID-19 negatively impacted the market in 2020. However, the market recovered significantly in 2021, owing to rising consumption from various end-user applications, including residential, commercial, and other sectors.
The global gypsum board market is consolidated at the top level with major players, such as Saint-Gobain, USGKnauf, and EtexGroup. These players occupy a significant share of more than 50% of the market. The market exhibits the presence of many players, such as Georgia-Pacific LLC, American Gypsum Company LLC, and other companies operating in the regional market.
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