Gypsum Board Market Size, Share, and Outlook, 2025 Report- By Product (Wallboard, Ceiling Board, Pre-Decorated Board, Others), By Application (Pre-Engineered Metal Buildings, Residential, Industrial, Commercial, Institutional), 2018-2032

Gypsum Board Market Outlook

Gypsum Board Market Size is forecast to reach $104.4 Billion in 2032 from $60.9 Billion in 2025, at an optimistic growth rate of 7.9% from 2025 to 2032. The robust Gypsum Board Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Gypsum Board Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Product (Wallboard, Ceiling Board, Pre-Decorated Board, Others), By Application (Pre-Engineered Metal Buildings, Residential, Industrial, Commercial, Institutional). Over 70 tables and charts showcase findings from our latest survey report on Gypsum Board Markets.

Gypsum Board Market Insights, 2025:

Gypsum Board – Key Drivers and Opportunities

Gypsum board, also known as drywall, is a key material used in the construction industry for interior walls and ceilings. The primary driver for the gypsum board market is the global construction boom, particularly in emerging economies where urbanization and infrastructure development are rapidly increasing. As residential, commercial, and industrial construction grows worldwide, the demand for cost-effective, fire-resistant, and sound-insulating building materials such as gypsum board rises. Additionally, gypsum board offers easy installation and lightweight characteristics, making it an ideal choice for modern construction projects.

The opportunities in the gypsum board market are linked to the increasing need for energy-efficient and sustainable building materials. The green building movement, with its focus on eco-friendly construction and energy efficiency, presents a growing demand for gypsum board that is low in emissions and made from sustainable raw materials. Additionally, technological advancements in gypsum board production, such as the use of recycled materials and enhanced fire-resistant properties, provide new market opportunities. The growth of modular and prefabricated buildings is also expected to drive the demand for gypsum board, as it is well-suited for these types of construction due to its ease of use and cost-efficiency.

Five Trends that will define global Gypsum Board Market in 2025 and Beyond

A closer look at the multi-million global market for Gypsum Board Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Gypsum Board Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Gypsum Board Industry?

The Gypsum Board Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Gypsum Board Market Segment Insights

The Gypsum Board Industry presents strong offers across categories. The analytical report offers forecasts of Gypsum Board Industry performance across segments and countries. Key segments in the industry include- By Product (Wallboard, Ceiling Board, Pre-Decorated Board, Others), By Application (Pre-Engineered Metal Buildings, Residential, Industrial, Commercial, Institutional). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Gypsum Board Market size outlook is provided for 22 countries across these regions.

Gypsum Board Industry Value Chain

The chapter identifies potential companies and their operations across the global Gypsum Board Industry ecosystem. It assists decision-makers in evaluating global Gypsum Board Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Gypsum Board Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Gypsum Board Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Gypsum Board Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Gypsum Board Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Gypsum Board Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Gypsum Board Market Insights- Executives are most excited about opportunities for the US Gypsum Board Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Gypsum Board Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Gypsum Board Market.

Latin American Gypsum Board Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Gypsum Board Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Gypsum Board Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Gypsum Board Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Gypsum Board Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Ahmed Yousef & Hassan Abdulla Co., Beijing New Building Material Public Ltd Co., Extex Group, Global Mining Company LLC, Gulf Gypsum Co., Gypsemna, Knauf, Lafarge Group, National Gypsum Company, Saint-Gobain Gyproc, United Mining Industries Company Ltd, USG Zawawi Drywall LLC SFZ, Yoshino Gypsum Co. Ltd.

Gypsum Board Market Scope and Segmentation

By Product

Wallboard

Ceiling Board

Pre-Decorated Board

Others

By Application

Pre-Engineered Metal Buildings

Residential

Industrial

Commercial

Institutional

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Gypsum Board Market Research-

Ahmed Yousef & Hassan Abdulla Co.

Beijing New Building Material Public Ltd Co.

Extex Group

Global Mining Company LLC

Gulf Gypsum Co.

Gypsemna

Knauf

Lafarge Group

National Gypsum Company

Saint-Gobain Gyproc

United Mining Industries Company Ltd

USG Zawawi Drywall LLC SFZ

Yoshino Gypsum Co. Ltd

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
• Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
• Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
• Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
• Get free Excel spreadsheet and PPT versions along with the report PDF.