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Gypsum Board Market to Grow from 16.89 Billion Square Meters in 2025 to 22.76 Billion Square Meters by 2030, Driven by Residential Demand | Says Mordor Intelligence
Mordor Intelligence has published a new report on the "Gypsum Board Market," offering a comprehensive analysis of size, share, trends, growth drivers, and future projections.Gypsum Board Market Overview:
The Global Gypsum Board Market is estimated at 16.89 billion square meters & is projected to reach 22.76 billion square meters by 2030, expanding at a compound annual growth rate (CAGR) of 6.15 percent in the 2025-2030 period. Demand is anchored by new regulations around fire safety, sound insulation, and energy performance, and reinforced by significant building activity in Asia-Pacific, steady renovation cycles in mature markets, and evolving environmental mandates in Europe and North America.
Browse Full Report Details Followed by TOC: https://www.mordorintelligence.com/industry-reports/gypsum-board-market?utm_source=openpr
Key Trends Driving the Gypsum Board Market
Residential Sector Remains the Anchor
The housing sector continues to dominate demand, accounting for more than half of global gypsum board consumption. Rapid urbanization in Asia, coupled with government-led affordable housing programs, has boosted construction activity in countries like India, China, and Indonesia.
Institutional Growth and Safety Standards
Hospitals, schools, and public infrastructure are adopting gypsum boards at a faster pace than ever before. Stricter safety codes have encouraged contractors to choose boards with higher fire-rating certifications and acoustic insulation. Institutional demand is forecast to expand at over 7% CAGR, outpacing residential growth, as countries increase investment in public sector infrastructure.
Preference for Pre-Decorated Boards
A notable trend is the rapid uptake of pre-decorated boards. These products, which reduce finishing time and offer ready-to-install surfaces, are becoming increasingly popular in commercial and office fit-outs.
Sustainability as a Competitive Edge
Carbon-efficient building practices are changing procurement choices. With governments tightening carbon emission standards, manufacturers are racing to introduce lighter boards, recycled content, and products with significantly lower embodied carbon.
Gain strategic clarity across global and local markets-download the Japanese edition for region-specific insights: https://www.mordorintelligence.com/ja/industry-reports/gypsum-board-market?utm_source=openpr
Market Segmentation: Insights into Product, Material, and Application
The gypsum board market is segmented across several dimensions, reflecting its varied use cases and material base:
By Product Types:
Wall Board: Continues to lead the market with more than 60% share in 2024.
Pre-Decorated Board: Fastest-growing product category, fueled by time-saving benefits in interiors.
Other Specialized Boards: Includes moisture-resistant and fire-rated boards designed for niche applications.
By Raw Material
Natural Gypsum: Accounts for the majority share, with more than two-thirds of production volumes.
Synthetic Gypsum: Expected to grow steadily at nearly 7% CAGR, as manufacturers explore cleaner and recycled sources.
By Application
Residential: Largest segment, making up over 53% of the market, supported by global housing demand.
Institutional: Rapidly expanding, driven by compliance requirements and energy-efficient design.
Commercial: Ongoing demand from office spaces, retail centers, and hospitality developments.
Browse Competitive Landscape Insights: https://www.mordorintelligence.com/industry-reports/gypsum-board-market/companies?utm_source=openpr
Key Players in the Gypsum Board Market
BNBM
Etex Group
Georgia-Pacific Gypsum LLC
Knauf Group
Saint-Gobain
Get Complete Insights on Chemicals and Materials Industry Research: https://www.mordorintelligence.com/market-analysis/chemicals-materials?utm_source=openpr
Conclusion: Gypsum Board Market Outlook
Growth is anchored by vibrant construction activity in Asia-Pacific, renovation cycles in mature markets, and increasing uptake of lighter and low-carbon board options. Residential building remains the backbone, while institutional and pre-decorated segments offer faster growth. Meanwhile, cost volatility and alternative products present challenges.
Leading firms are responding by introducing carbon-efficient boards, investing in recycling, and adopting advanced manufacturing -positioning them for success as demand for safe, efficient, and environmentally sensitive interior building materials continues to grow.
Explore Related Reports:
Cement Board Market: The Cement Board Market report segments the industry into By Product Type (Fiber Cement Board (FCB), Wood Wool Cement Board (WWCB), Wood Strand Cement Board (WSCB), Cement Bonded Particle Board (CBPB)), By Application (Flooring, Exterior and Partition Walls, Roofing, and more.), By End-user Industry (Residential, Commercial, Industrial and Institutional), and By Geography (Asia-Pacific, North America, Europe, and more).
Get Full Insights: https://www.mordorintelligence.com/industry-reports/cement-board-market?utm_source=openpr
GCC Concrete Blocks Market: The GCC Concrete Blocks Market Report is Segmented by Type (Solid Concrete Blocks and Hollow Concrete Blocks), Application (Commercial, Residential, Infrastructure, and Industrial & Institutional), and Country (Saudi Arabia, United Arab Emirates, Qatar, Oman, and the Rest of GCC). The Report Offers the Market Sizes and Forecasts in Volume (Million Units) for all the Above Segments.
Get Full Insights: https://www.mordorintelligence.com/industry-reports/gcc-concrete-blocks-market?utm_source=openpr
Oriented Strand Board Market: The Oriented Strand Board Report is Segmented by Grade (OSB/1, OSB/2, OSB/3, and OSB/4), End-User Application (Construction, Furniture, and Packaging), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Market Forecasts are Provided in Terms of Volume (Cubic Meters).
Get Full Insights: https://www.mordorintelligence.com/industry-reports/oriented-strand-board-osb-market?utm_source=openpr
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
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