This report is designed for companies and decision-makers seeking actionable insights on market size, growth, trends, and competitive strategies to drive expansion and success in the Gypsum-Based Plasterboard industry.
What is the projected value of the gypsum-based plasterboard market by 2029?
The gypsum-based plasterboard market size has grown strongly in recent years. It will grow from $22.50 billion in 2024 to $24.46 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increasing construction activities, rising focus on sustainable building materials, enhanced properties of gypsum-based plasterboard, government regulations and initiatives, and growth in renovation and remodeling activities.
The gypsum-based plasterboard market size is expected to see strong growth in the next few years. It will grow to $33.83 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to a global shift toward environmentally sustainable building practices, growing awareness about energy efficiency, increasing demand from emerging markets, an expanding real estate sector, and board manufacturing including automation. Major trends in the forecast period include technological advancements in manufacturing, use of recycled materials and waste reduction, growing preference for plasterboard that offers multiple functionalities, demand for gypsum-based plasterboard, development of smart buildings, and the integration of technology.
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How are technological advancements fueling growth in the gypsum-based plasterboard market?
Increasing demand from the construction industry is expected to propel the growth of the gypsum-based plasterboard market going forward. Construction activities encompass a wide range of tasks and operations involved in developing infrastructure for sewage, stormwater, and nonpoint-source projects. An increase in construction activity is due to rapid urbanization, infrastructure development, and technological advancements. Gypsum-based plasterboard is used in construction activities for creating interior walls, ceilings, and partitions, providing a smooth, fire-resistant, and easy-to-install surface that can be finished with paint or wallpaper. For instance, in November 2023, according to the Office for National Statistics, a UK-based government report, the value of new construction work in Great Britain surged by 15.8% in 2022, reaching a record high of (£132,989) $174,216 million. This growth was largely fueled by substantial increases in both the private sector, which rose by $18,430 million, and the public sector, which saw a $5,329 million increase. Therefore, increasing demand from the construction industry is driving the gypsum-based plasterboard market.
Which segment currently leads the gypsum-based plasterboard market in terms of revenue share?
The gypsum-based plasterboard market covered in this report is segmented –
1) By Type: Standard Plasterboard, Fire-Resistant Plasterboard, Sound-Insulated Plasterboard, Thermal Plasterboard, Moisture-Resistant Plasterboard, Impact-Resistant Plasterboard, Other Types
2) By Material: Gypsum, Bio-Based
3) By End-User Application: Residential, Non-Residential
Subsegments:
1) By Standard Plasterboard: Regular Gypsum Board, Lightweight Gypsum Board
2) By Fire-Resistant Plasterboard: Type X Gypsum Board, Type C Gypsum Board
3) By Sound-Insulated Plasterboard: High-Density Gypsum Board, Laminated Acoustic Gypsum Board
4) By Thermal Plasterboard: Insulated Gypsum Board, Foil-Backed Gypsum Board
5) By Moisture-Resistant Plasterboard: Green Board, Cement-Backed Gypsum Board
6) By Impact-Resistant Plasterboard: Reinforced Gypsum Board, Fiberglass-Mat Gypsum Board
7) By Other Types: Mold-Resistant Plasterboard, Flexible Gypsum Board
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How are emerging trends transforming the gypsum-based plasterboard market dynamics?
Major companies operating in the gypsum-based plasterboard market are developing innovative products with advanced features, such as multi-purpose, moisture-resistant boards, to enhance performance and meet diverse construction needs while ensuring sustainability and compliance with industry standards. A multi-purpose moisture-resistant board is a type of gypsum board designed to withstand high humidity and moisture levels, making it suitable for use in areas prone to dampness, such as kitchens, bathrooms, and laundry rooms. For instance, in December 2023, Saint-Gobain Gyproc, a France-based manufacturer of gypsum-based building materials, introduced a range of products, including gypsum wallboards. The lineup features Habito Standard, a gypsum wallboard designed for both heavy unplanned and planned load applications, Rigiroc, a versatile moisture-resistant board, and Glasroc X, a wallboard intended for exterior use. These innovative features not only address functional requirements but also cater to modern design aesthetics, positioning Saint-Gobain Gyproc as a leader in the gypsum wallboard segment.
Who are the top competitors in the global gypsum-based plasterboard market?
Major companies operating in the gypsum-based plasterboard market are Holcim Group, Knauf Gips KG, Georgia-Pacific LLC, USG Corporation, Eagle Materials Inc., USG Boral Middle East, CSR Limited, Daiken Corporation, National Gypsum Company, Taishan Gypsum Co. Ltd., Siam Gypsum Industry Co. Ltd., Siniat UK Limited, Fermacell GmbH, Winstone Wallboards Ltd., Gypsemna Co. LLC, American Gypsum Company LLC, Etex Group, Compagnie de Saint-Gobain S.A., Gypsum Structural India Pvt. Ltd., KNAUF USG Systems, Yoshino Gypsum Co. Ltd., Gyptec Ibérica SA, Beijing New Building Material, Gulf Gypsum Co. LLC
What regional dynamics are shaping the future of the global gypsum-based plasterboard market?
North America was the largest region in the gypsum-based plasterboard market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gypsum-based plasterboard market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Can Companies Use The Gypsum-Based Plasterboard Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
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