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Rise In Infrastructure Development Boosting Market Expansion As Traction For Walls, Ceilings, And Fire Safety Applications: A Significant Driver Propelling The Gypsum-Based Plasterboard Market In 2025
We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.What Is the Gypsum-Based Plasterboard Market Size and Projected Growth Rate?
The market scale for gypsum-based plasterboard has seen a significant expansion in the past few years. This market is predicted to escalate from $22.50 billion in 2024 to a noteworthy $24.46 billion in 2025, representing a compound annual growth rate (CAGR) of 8.7%. Such growth over the historical period could be attributed to factors such as the surge in construction activities, an increased emphasis on environmentally friendly building materials, the improved characteristics of gypsum-based plasterboard, policies and initiatives introduced by the government, along with the rise in refurbishment and remodeling activities.The market for gypsum-based plasterboard is projected to experience a significant surge over the next several years, escalating to a value of $33.83 billion in 2029 with a compound annual growth rate (CAGR) of 8.4%. The anticipated growth during this forecast period can be credited to a global transition towards green construction methods, heightened knowledge about energy conservation, rising demand from emerging markets, expansion in the real estate sector, and the inclusion of automation in board manufacturing. The forecast period is also expected to see major trends like advancements in manufacturing technology, adoption of recycled materials and minimization of waste, increasing fondness for multi-functional plasterboards, a growing need for gypsum-based plasterboard, the emergence of intelligent buildings, and the incorporation of technology.
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What Are the Major Segments in the Gypsum-Based Plasterboard Market?
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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What Are The Driving Gypsum-Based Plasterboard Market Evolution?
The growth of the gypsum-based plasterboard market is anticipated to be fueled by the escalating demand from the construction sector. This industry includes a broad spectrum of operations and tasks focused on creating infrastructure for nonpoint-source, sewage, and stormwater projects. The rise in construction activities results from rapid urbanization, advancements in technology, and infrastructure development. Gypsum-based plasterboard finds extensive application in construction tasks such as constructing interior ceilings, partitions, and walls, offering a surface which is easy to install, fire-resistant, and smooth. This surface can be conveniently finished either with paint or wallpaper. For instance, as per the Office for National Statistics, a UK government report issued in November 2023, new construction work value in Great Britain saw a significant rise, by 15.8% in 2022, hitting an all-time high of (£132,989) $174,216 million. The major contributors to this growth were marked increases in the private sector, which went up by $18,430 million, and the public sector, with an increase of $5,329 million. Hence, the construction industry's heightened demand is propelling the gypsum-based plasterboard market's expansion.
Which Firms Dominate The Gypsum-Based Plasterboard Market Segments?
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 Trends Are Expected to Dominate the Gypsum-Based Plasterboard Market in the Next 5 Years?
Firms that dominate the gypsum-based plasterboard market are creating cutting-edge products like multi-purpose, moisture-resistant boards. These boards are designed to increase performance, cater to a variety of construction requirements, and ensure sustainability and adherence to industry norms. Multi-purpose moisture-resistant boards are designed to withstand high levels of humidity and moisture, making them perfect for areas that are vulnerable to dampness, such as kitchens, bathrooms, and laundry rooms. To illustrate, in December 2023, Saint-Gobain Gyproc, a company based in France and specialized in manufacturing gypsum-based construction materials, launched several products including gypsum wallboards. They introduced Habito Standard, a gypsum wallboard designed for both heavy ad hoc and planned load applications, Rigiroc, a versatile moisture-resistant board, and Glasroc X, a wallboard designed for exterior use. These modern features not only fulfill functional criteria but also meet contemporary design preferences, placing Saint-Gobain Gyproc at the forefront of the gypsum wallboard sector.
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Which Is The Largest Region In The 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Gypsum-Based Plasterboard Market?
2. What is the CAGR expected in the Gypsum-Based Plasterboard Market?
3. What Are the Key Innovations Transforming the Gypsum-Based Plasterboard Industry?
4. Which Region Is Leading the Gypsum-Based Plasterboard Market?
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