Global Gypsum Board
Market Report
2024
Global Gypsum Board market size will be USD 40.69 Billion by 2030. Gypsum Board Industry's Compound Annual Growth Rate will be 6.52% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Global Gypsum Board market size will be USD 40.69 Billion by 2030. Gypsum Board Industry's Compound Annual Growth Rate will be 6.52% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Gypsum Board Market Sales Revenue 2030 | $ 40.69 Billion |
Global Gypsum Board Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.52% |
Market Split by Type |
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Market Split by Application |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Gypsum Board Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Gypsum board, also known as drywall or plasterboard, is a widely used building material in the construction industry. It is a panel made of gypsum plaster pressed between two thick sheets of paper. Gypsum is a naturally occurring mineral composed of calcium sulfate dihydrate.
Gypsum board is an essential component in modern construction due to its versatility, cost-effectiveness, and performance characteristics. It plays a crucial role in creating functional and aesthetically pleasing interior spaces in residential, commercial, and industrial buildings.
Gypsum board is primarily used for interior wall and ceiling construction. It is a popular choice because it is relatively inexpensive, easy to install, and provides a smooth and uniform surface for finishing.
Global building & construction industry is particularly creating the positive impact and this industry is expected to grow above global gross domestic product (GDP) growth over the next decade. The building and construction sector are one of the largest sectors in the world economy. Building & construction industry spending worldwide amounted to 11.4 trillion U.S. dollars. Building & construction expenditures are expected to reach 14 trillion U.S. dollars in 2025. The key trend in the global building and construction industry is the significant growth of the emerging markets such as India, China, Vietnam, Australia, and Indonesia.
Global building & construction industry get opportunities in residential, non-residential and infrastructure. The main reason behind the growth of this market is increasing housing starts and rising infrastructure due to the increasing urbanization and the growing population. Furthermore, there are some factors which help to grow this industry such as population increase in emerging countries, necessary upgrades to infrastructure in developed countries, the trend toward increased residential development, and expected investments in renewables and telecommunications.
Lightweight gypsum board offers number of notable advantages, such as: it is extremely versatile and can be easily applied in all forms of decoration. Installation of gypsum wall board is easy and convenient. They are lightweight materials so they can also be adhesively attached to many surfaces. This also reduces labour cost as due to light weight and large sizes, only few labours are needed. Additionally, lightweight gypsum boards are considered as fire-resistive building material. Research conducted by gypsum board manufacturer in accordance with ASTM E 84 shows that it has a low flame-spread index and a low smoke-density index. This means gypsum board adequately protect other structural elements from fire for certain period of times.
Lightweight gypsum boards are effectively used to prevent the transfer of unwanted sound and noise to adjoining areas. This enhances their adoption in offices and institutions. In addition to their wide array of advantages, lightweight gypsum boards are readily available in various sizes & easy to apply either on wall or ceiling. It is relatively cheap wall surfacing & ceiling covering material that provides a fire-resistant interior finish. Hence, advantages of lightweight gypsum board boost the growth of market.
One of the major factors, which have negative impact on the growth of the industry, is the rising fluctuation in the prices of the raw materials for the manufacturing. This can be attributed to the presence of the major industries in some of the eastern regions of the world. Since majority of the raw materials are obtained from the eastern region, the prices of the materials have increased. Moreover, some of the factors such as the costs of exchange of the currency also have a significant impact on the prices of the raw materials, which has an impact on the growth of the market in the estimated forecasts period. In addition, a high cost of the labour in the developed regions also contributes to the high costs of the materials, which has an impact on the overall growth of the market in the estimated forecasts period. Furthermore, high costs of the import of the raw materials from the eastern regions also increase the costs of the manufacturing, thereby affecting the growth of the market in the estimated forecasts period.
Some of the major factors such as the availability of the raw materials in the region of China have an impact on prices of the raw materials, which is one of the major hindrances for the growth of the market. This leads to the controlling of the supply of the raw materials, which leads to rise in the costs of the raw materials giving negative impact on the growth of market. Moreover, rise in demand for the adoption of automation in these technologies is also among the major factor, which also contributes to the rising costs of the manufacturing; thereby have an indirect impact on the prices of the raw materials.
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Competitive Landscape includes company profiling of the key manufacturers listed below. It also provides the key developments such as new product launches, expansion, mergers & acquisitions, partnerships, agreements, joint ventures, business overview, key strategies and financial analysis associated with the key players. Strategy implemented to overcome the COVID-19 Impact will be discussed in the report scope. Key players Financials includes Revenue (USD Million), Gross Margin (%) and Market Share (%) (2019- 2023), S.W.O.T Analysis, (To read more request the sample pages Or speak to analyst/author directly).
Top Companies Market Share in Gypsum Board Industry: (In no particular order of Rank)
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Asia Pacific gypsum board market contributed the largest revenue share and is expected to show significant growth in the near future. This is mainly due to rising construction sector along with high demand from emerging economics. China is one of the leading country in Asia Pacific owing to growth in urban areas through the development of smart and green buildings.
The current report Scope analyzes Gypsum Board Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Gypsum Board Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Gypsum Board Industry growth. Gypsum Board market has been segmented with the help of its Type, Application End User, and others. Gypsum Board market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Gypsum Board market.
Type of Gypsum Board analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Gypsum Board Industry. Request a Free Sample PDF!
In terms of revenue, Wallboard was the major segment and is projected to experience substantial growth in the near future. Wallboard is used extensively in the construction industry and is used for a variety of interior purposes, including walls and partitions.
Gypsum board market, By Application
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to our analysis, the Residential segment is the leading industry worldwide in 2022.
Urban growth and rising disposable income are expected to continue to drive segment growth over the next few years. Over the forecast period, substantial residential construction spending is expected in China, India, Brazil, and Saudi Arabia. The growth of the population, combined with rapid urbanization, is projected to stimulate residential construction expenditure in countries such as the People's Republic of China, the Republic of India, and the Republic of Brazil in the near future. The US residential housing market has also experienced rapid growth in recent years due to home mortgage lending, steady job creation, increasing demand for residential properties, and a growing population.
Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Gypsum Board Market is witnessing significant growth in the near future.
In 2023, the Regular segment accounted for noticeable share of global Gypsum Board Market and is projected to experience significant growth in the near future.
The Wallboard segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Beijing New Building Material (Group) Co. Ltd. , Global Mining Company and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
Disclaimer:
Type | Regular, Moisture Resistant, Fire Resistant, Impact Resistant, Sound Insulation |
Application | Wallboard, Ceiling Board, Pre-decorated Board, Others |
End User | Residential, Corporate, Commercial, Institutional |
List of Competitors | Beijing New Building Material (Group) Co. Ltd., NATIONAL GYPSUM PROPERTIES LLC, Global Mining Company, United Mining Industries, Gulf Gypsum Industrial, Knauf Gips KG, ZAWAWI MINERALS LLC, Osman Group, PABCO Gypsum, CHIYODA UTE CO. LTD., CONTINENTAL BUILDING PRODUCTS, Georgia-Pacific Gypsum LLC, LafargeHolcim, Saint-Gobain, Etex, GYPSEMNA, YOSHINO GYPSUM CO. LTD, AYHACO Gypsum Products Manufacturing, VOLMA, VANS Gypsum |
This chapter will help you gain GLOBAL Market Analysis of Gypsum Board. Further deep in this chapter, you will be able to review Global Gypsum Board Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Gypsum Board market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Regular have a significant impact on Gypsum Board market? |
What are the key factors affecting the Regular and Moisture Resistant of Gypsum Board Market? |
What is the CAGR/Growth Rate of Wallboard during the forecast period? |
By type, which segment accounted for largest share of the global Gypsum Board Market? |
Which region is expected to dominate the global Gypsum Board Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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