Segment Evaluation and Major Growth Areas in the Drywall and Gypsum Board Market

The drywall and gypsum board market is poised for substantial growth over the coming years, driven by advancements in materials and manufacturing technologies. As innovations continue to shape the industry, this sector is expected to expand significantly, influenced by evolving construction demands and sustainability goals. Let's explore the market's current size, key players, emerging trends, and detailed segment breakdowns.

Projected Market Size and Growth Trajectory of the Drywall and Gypsum Board Market
The drywall and gypsum board market is anticipated to grow steadily, reaching a value of $47.41 billion by 2030. This expansion corresponds to a compound annual growth rate (CAGR) of 6.7% during the forecast period. Such robust growth is largely propelled by the development of high-performance gypsum formulations and greater automation in manufacturing processes. Additionally, the market benefits from the rising popularity of sustainable and recycled drywall products, the increasing use of digital finishing systems, and growth in energy-efficient building construction. Key trends shaping the landscape include eco-efficient gypsum board formulations, automated production lines, digital quality control technologies, connected manufacturing equipment, and robotics-assisted material handling.

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Leading Companies Making an Impact in the Drywall and Gypsum Board Market
Several prominent companies dominate this market, including Saint-Gobain SA, China National Building Materials Group Co. Ltd. (CNBM), Knauf GmbH, KCC Corp., Fassa Bortolo, Chiyoda Ute Co. Ltd., American Gypsum Company LLC, ABS ALÇ, Fibran SA, El-Khayyat Group, Ai-Watania Gypsum Company, Aytas ALÇI, Kuwait Gypsum Manufacturing & Trading Co., Taishan Gypsum Co. Ltd., Cabot Gypsum, Georgia-Pacific Building Materials Ltd., Gypfor SA, Khorasan Gypsum, Mada Gypsum Co., Linyi Xinrui Baier Import & Export Co. Ltd., Akasya Alci Maden Uretim AS, Fernas Plaster, Karlis, and Novochile.

Recent Strategic Moves Enhancing Market Reach
In a notable development in November 2024, Fortress Investment Group, a US-based investment firm, acquired Gyptech, a Canadian gypsum board manufacturer, for an undisclosed sum. This acquisition aims to accelerate Gyptech's global expansion by improving market access and enabling the development of advanced technologies. The deal is also expected to broaden the company's range of services and products, positioning it strongly within the competitive drywall and gypsum board market.

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Emerging Trends Focused on Durability and Sustainability in Drywall and Gypsum Board
Market leaders are increasingly concentrating on innovative solutions such as moisture-resistant gypsum boards, which enhance the durability and longevity of interior surfaces, especially in areas exposed to damp conditions. These boards are engineered to reduce water absorption, making them well suited for humid environments.

For example, in May 2025, Knauf India launched the DewBloc Gypsum Plasterboard, a product designed specifically for damp interiors like wall linings, ceilings, and drywall applications. This board offers superior moisture protection compared to traditional options. Its lightweight design facilitates faster installation, contributing to shorter construction cycles. Additionally, DewBloc supports sustainable building practices through its use of eco-friendly materials, improving both the aesthetics and functionality of indoor spaces.

Detailed Market Segmentation of the Drywall and Gypsum Board Industry
This market is categorized broadly into the following main segments:

1) By Product Type: Standard Gypsum Board, Moisture-Resistant Gypsum Board, Fire-Resistant Gypsum Board, and Other Products
2) By Thickness: 1/4 Inch, 3/8 Inch, 1/2 Inch, 5/8 Inch, and Other Thicknesses
3) By Distribution Channel: Online Stores and Offline Stores
4) By Application: Residential, Commercial, Industrial, and Institutional Sectors

Subcategories within each segment offer further granularity:
- Standard Gypsum Board includes Regular Drywall Panels, Lightweight Gypsum Board, and Tapered Edge Board
- Moisture-Resistant Gypsum Board covers Green Board, Blue Board, and Mold-Resistant Board
- Fire-Resistant Gypsum Board features Type X Gypsum Board, Type C Gypsum Board, and Fire-Shield Panels
- Other Products comprise Soundproof Gypsum Board, Foil-Backed Gypsum Board, and Abuse-Resistant Gypsum Board

These classifications help capture the diverse range of products available to meet specific construction needs and standards within the drywall and gypsum board market.

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