Global Gypsum Board Wall
Market Report
2025
Gypsum Board Wall Market will be USD 56154.2 million in 2024 and expand at a compound annual growth rate (CAGR) of 13.50% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Gypsum Board Wall market will be USD 56154.2 million in 2024 and expand at a compound annual growth rate (CAGR) of 13.50% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Gypsum Board Wall Market Sales Revenue | $ 56154.2 Million | 121212 | 121212 | 121212 | 13.5% |
North America Gypsum Board Wall Market Sales Revenue | $ 22461.7 | 121212 | 121212 | 121212 | 11.7% |
Europe Gypsum Board Wall Market Sales Revenue | $ 16846.3 Million | 121212 | 121212 | 121212 | 12% |
Asia Pacific Gypsum Board Wall Market Sales Revenue | $ 12915.5 Million | 121212 | 121212 | 121212 | 15.5% |
South America Gypsum Board Wall Market Sales Revenue | $ 2807.71 Million | 121212 | 121212 | 121212 | 12.9% |
Middle East and Africa Gypsum Board Wall Market Sales Revenue | $ 1123.08 Million | 121212 | 121212 | 121212 | 13.2% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by End-user Industry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Gypsum Board Wall industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Gypsum Board Wall Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A gypsum board wall is an interior partition constructed using gypsum plaster sandwiched between paper or fiberglass mats. Drywall or plasterboard offers ease of installation, fire resistance, and sound insulation, making it a popular choice for modern construction and renovation projects. The expansion in the construction sector, rapid urbanization and population growth in developing countries, advantages of walls, increase in stringent building regulations, renovation and remodeling activities in buildings, innovations in manufacturing processes and materials, cost-effectiveness compared to traditional construction materials, changing interior design trends, increasing awareness of environmental sustainability, growth in residential real estate market, expansion of commercial construction activities and rising investments and government initiatives are the major factors influencing the growth of the Gypsum Board Wall Market.
For instance, According to Oxford Economics, China's residential building construction output is expected to grow by 4.5% in 2022 compared to 2021.
The innovations in manufacturing processes are creating a significant increase in global demand. New manufacturing techniques such as automated production lines, precision cutting, and improved material formulations have enhanced gypsum board wall products' efficiency, quality, and customization options. These innovations have resulted in faster production times, reduced waste, and lowered manufacturing costs. Additionally, digital modeling and design software advancements have enabled greater flexibility in creating intricate patterns and textures on gypsum boards, meeting the growing demand for aesthetically pleasing interior finishes. Overall, these advancements in manufacturing processes have propelled the growth of the gypsum board wall market by offering improved products that cater to diverse customer preferences and project requirements.
For instance, in December 2023, Saint-Gobain Gyproc launched its new product line, which includes gypsum wallboards. The company added to current segments with Habito Standard, a gypsum wallboard suitable for planned and unplanned huge loading applications, Glasroc X for exterior applications, and Rigiroc, a moisture-resistant board for multipurpose applications.
(Source: https://www.globalgypsum.com/news/item/2048-saint-gobain-gyproc-india-launches-new-product-range)
The rapid urbanization aims to grow the Market. As urban populations surge, demand for residential, commercial, and industrial infrastructure is heightened, fueling construction activities. Gypsum board walls offer advantages such as ease of installation, fire resistance, sound insulation, and affordability, making them a preferred choice in construction projects. Moreover, urbanization often leads to the need for quick, cost-effective building solutions to accommodate growing populations. Gypsum board walls meet these requirements effectively, driving their adoption in both new constructions and renovation projects amidst the rapid urban expansion, thus stimulating growth in the gypsum board wall market.
For instance, according to the Investment Information and Credit Rating Agency of India Limited, Indian companies are expected to invest more than INR 3.5 trillion or USD 48 billion in infrastructure and real estate, including residential infrastructure, in 2022.
(Source: https://www.ibef.org/industry/real-estate-india)
The Gypsum Board Wall market faces challenges due to fluctuations in raw material prices. Gypsum board production relies heavily on materials such as gypsum, paper, and additives, whose prices fluctuate due to various factors, including demand-supply dynamics, geopolitical tensions, and currency fluctuations. These price fluctuations disrupt production planning, increase manufacturing costs, and affect profit margins for manufacturers. Moreover, they can lead to consumer pricing uncertainty, potentially dampening demand for gypsum board walls. Consequently, market players must implement effective risk management strategies and closely monitor raw material markets to mitigate the adverse impacts of price volatility and maintain competitiveness in the industry.
The Market for Gypsum Board Walls experienced a varied impact. Lockdowns and economic uncertainties led to project delays and cancellations, affecting demand for construction materials, including gypsum board. Supply chain disruptions and labor shortages exacerbated challenges, leading to price fluctuations and delivery delays. However, as restrictions eased and construction activities resumed, the market began to recover, driven by government stimulus packages and increasing investments in infrastructure projects. The growing trend towards sustainable and energy-efficient construction boosted demand for gypsum board walls. The market is expected to gradually stabilize as vaccination efforts progress and economic recovery takes hold, albeit with ongoing uncertainties.
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The gypsum board wall market features intense competition among key players. Companies focus on innovation, partnerships, and geographical expansion to gain a competitive edge. Factors such as quality, pricing, and sustainability drive competition in this market, with a growing emphasis on eco-friendly solutions and efficient construction materials.
In May 2023, Chiyoda-Ute announced its plans to launch a different gypsum board. The product will be produced using 100% recycled gypsum gathered from construction sites. Furthermore, the construction of Chiyoda Circular Gypsum will be carbon neutral.
(Source: https://www.aenova-group.com/en/manufacturing/softgel-capsules/vegagels)
Top Companies Market Share in Gypsum Board Wall Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the Market in 2024 and accounted for around 40% of the global revenue. It is due to the strong construction industry, coupled with increasing investments in residential and commercial infrastructure, that fuels the demand for gypsum board walls. Additionally, stringent regulations emphasizing energy efficiency and sustainability in construction projects further boost the adoption of gypsum board walls. The presence of players, technological advancements in manufacturing processes, and growing awareness regarding the benefits of gypsum-based construction materials contribute to the market's expansion. North America's gypsum board wall market is poised for steady growth, propelled by favorable economic conditions and evolving construction practices.
The European region is witnessing an increase in the sales of the Gypsum Board Wall due to rapid urbanization, infrastructure development, and increasing construction activities across residential, commercial, and industrial sectors. Additionally, innovations in gypsum board technology, such as lightweight and moisture-resistant variants, further propel market growth. The European market is characterized by major competition among key players, leading to product advancements and strategic collaborations to gain a competitive edge. With a rising emphasis on energy efficiency and environmental sustainability, the adoption of gypsum board walls is expected to witness steady growth across the region.
The current report Scope analyzes Gypsum Board Wall 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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According to Cognitive Market Research, the global Gypsum Board Wall market size was estimated at USD 56154.2 Million, out of which North America held the major Market of more than 40% of the global revenue with a market size of USD 22461.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031. In North America, Gypsum Board Wall sales dominate, fuelled by the construction industry's robust growth fueled by urbanization and infrastructure projects. Secondly, the gypsum board's versatility, cost-effectiveness, and installation make it a choice for residential and commercial construction. Additionally, stringent regulations emphasizing energy efficiency and fire safety further propel market growth. Moreover, technological advancements in manufacturing enhance product quality and performance, driving market expansion.
Country Analysis
Cognitive Market Research shows a market value of USD 56154.2 million in 2024 and is projected to expand at a compound annual growth rate (CAGR) of 12.0% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 16846.26 million. Europe’s growth is driven by increasing demand for sustainable and eco-friendly construction materials, growth in the construction industry, and stringent building regulations promoting fire safety and acoustic insulation. Additionally, gypsum boards' versatility and ease of installation contribute to their popularity. Market expansion is further fueled by innovations in manufacturing processes and product enhancements, meeting the evolving needs of architects, contractors, and homeowners for efficient and durable interior wall solutions.
According to Cognitive Market Research, the global Gypsum Board Wall market size was estimated at USD 56154.2 Million, out of which Asia Pacific held the Market of around 23% of the global revenue with a market size of USD 12915.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.5% from 2024 to 2031. The Asia Pacific region is experiencing growth due to rapid urbanization and construction activities in emerging economies. Additionally, increasing the adoption of lightweight construction materials for energy efficiency and sustainability fuels market growth. Government initiatives promoting infrastructure development further boost demand. Technological advancements in gypsum board manufacturing processes also contribute to market expansion. Overall, these drivers collectively stimulate the growth of the gypsum board wall market in the Asia-Pacific.
According to Cognitive Market Research, the global Gypsum Board Wall market size was estimated at USD 56154.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 2807.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.9% from 2024 to 2031. Gypsum Board Wall sales in Latin America are experiencing growth due to rapid urbanization, and population growth spurs demand for housing and construction projects, fostering the need for cost-effective and efficient building materials like gypsum board. Additionally, increasing disposable income and government initiatives promoting infrastructure development boost market growth. Technological advancements and rising awareness of sustainable construction practices also contribute to expanding Latin America's gypsum board wall market.
According to Cognitive Market Research, the global Gypsum Board Wall market size was estimated at USD 56154.2 Million, out of which the Middle East and Africa held the major Market of around 2% of the global revenue with a market size of USD 1123.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.2% from 2024 to 2031. MEA experiences an upswing in Gypsum Board Wall sales driven by rapid urbanization, and population growth is increasing the demand for affordable housing solutions, prompting the construction industry to adopt cost-effective building materials like gypsum board. The region's focus on infrastructure development, including commercial and industrial projects, further fuels market growth. Moreover, the gypsum board's ease of installation, durability, and fire-resistant properties make it a preferred choice for construction projects, enhancing its market demand.
Global Gypsum Board Wall Market Report 2025 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 Wall Industry growth. Gypsum Board Wall market has been segmented with the help of its Type, Application End-user Industry , and others. Gypsum Board Wall 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.
According to Cognitive Market Research, Regular Gypsum Board held the major market share over the forecast period. It is a versatile option suitable for interior walls and ceilings in dry areas. It offers cost-effective solutions for standard applications.
Moisture-resistant gypsum Board is the fastest-growing category over the forecast period. It is specifically engineered to withstand humid conditions, making it ideal for areas prone to moisture, such as bathrooms, kitchens, and utility rooms. Its enhanced durability and resistance to mold and mildew make it a preferred choice in environments with higher moisture levels.
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 Wall Industry. Request a Free Sample PDF!
According to Cognitive Market Research, residential holds a prominent market share. It encompasses housing units, apartments, and individual homes where gypsum board walls are extensively used for interior partitions, ceilings, and finishing.
The fastest-growing category over the forecast period is non-residential. It encompasses the commercial, institutional, and industrial sectors, covering offices, retail spaces, educational institutions, healthcare facilities, and more. Non-residential settings often demand gypsum board walls for their versatility, cost-effectiveness, and ease of installation, catering to diverse architectural needs and functional requirements.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to Cognitive Market Research, Commercial construction holds a prominent market share. These projects typically involve the construction of office buildings, retail spaces, hotels, and institutional buildings like schools and hospitals. Due to their cost-effectiveness and installation, these projects demand gypsum board walls for partitioning, ceilings, and other interior applications.
Residential is the fastest-growing category over the forecast period. It includes single-family homes, apartments, and condominiums where gypsum board walls are commonly used for interior wall surfaces, ceilings, and decorative finishes.
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
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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.
Disclaimer:
Type | Regular Gypsum Board , Moisture Resistant Gypsum Board , Type X Gypsum Board , Glass Mat Gypsum Board |
Application | Residential , Non-residential |
End-user Industry | Commercial , Residential , Educational , Healthcare , Industrial |
List of Competitors | USG Zawawi Drywall LLC SFZ, Knauf, Gypsemna, Global Mining Company LLC (GMC), Gulf Gypsum Co. (ASK Gypsum Factory Ltd.), National Gypsum Company, Beijing New Building Material (BNBM) Public Ltd Co., Extex Group, United Mining Industries (UMI) Company Ltd., Saint-Gobain Gyproc, Lafarge Group, Ahmed Yousef & Hassan Abdulla Co. (AYHACO), Yoshino Gypsum Co. Ltd. |
This chapter will help you gain GLOBAL Market Analysis of Gypsum Board Wall. Further deep in this chapter, you will be able to review Global Gypsum Board Wall 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
This chapter will help you gain North America Market Analysis of Gypsum Board Wall. Further deep in this chapter, you will be able to review North America Gypsum Board Wall Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Gypsum Board Wall. Further deep in this chapter, you will be able to review Europe Gypsum Board Wall Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Gypsum Board Wall. Further deep in this chapter, you will be able to review Asia Pacific Gypsum Board Wall Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Gypsum Board Wall. Further deep in this chapter, you will be able to review South America Gypsum Board Wall Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Gypsum Board Wall. Further deep in this chapter, you will be able to review Middle East and Africa Gypsum Board Wall Market Split by various segments and Country Split.
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)
This chapter provides an in-depth analysis of the market share among key competitors of Gypsum Board Wall. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging 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.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
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 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by End-user Industry Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Gypsum Board Wall 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 Gypsum Board have a significant impact on Gypsum Board Wall market? |
What are the key factors affecting the Regular Gypsum Board and Moisture Resistant Gypsum Board of Gypsum Board Wall Market? |
What is the CAGR/Growth Rate of Residential during the forecast period? |
By type, which segment accounted for largest share of the global Gypsum Board Wall Market? |
Which region is expected to dominate the global Gypsum Board Wall Market within the forecast period? |
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