According to a report published by Fortune Business Insights, titled “**Gypsum Board Market Size, Share & Industry Analysis, By Type (Regular Gypsum Boards, Fire & Moisture Resistant Boards, and Others), By Installation (Screwing into Studs and Gluing to Concrete), By Application (Gypsum Board Partitioning, Ceilings and Wall Coverings, and Others), By End-Use (Residential, Commercial, and Others), and Regional Forecast, 2025-2032.**”

The global gypsum board market size was valued USD 13.73 billion in 2024. The market is projected to grow from USD 14.19 billion in 2025 to USD 18.16 billion by 2032 at a CAGR of 3.6% during the forecast period. Asia Pacific dominated the gypsum board market with a market share of 43.55% in 2024.

Request a FREE Sample Copy: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/gypsum-board-market-102718

List of companies profiled in the report:

• Saint-Gobain
• Knauf
• USG Corporation
• National Gypsum Company
• Yoshino Gypsum Co. Ltd.
• USG Boral
• Eagle Materials Inc.
• China National Building Material Co., Ltd.
• Taishan Gypsum Co., Ltd
• Fletcher Building
• Cabot Gypsum ULC

A gypsum board is a type of material that is used as a dry wall in several infrastructure construction activities. Accounting to the exceptional properties of the product such as low cost, ease of installation, and resistance to external factors such as water and fire, the product is being widely adopted by major businesses across the world. The presence of several large scale companies, coupled with the variations in product offerings will have a positive impact on the growth of the overall market in the coming years. The emphasis recycling products will create a subsequent demand for gypsum boards across the world. Increasing environmental concerns and depletion of resources have been the triggering factors that have encouraged manufacturers to incorporate dry walls or gypsum boards. The rising construction activities as well as industrialization will open up a huge potential for the companies operating in the global market.

Increasing Number of Company Mergers and Collaborations Will Aid Growth

The report encompasses several factors that have made influenced the growth of the market in recent years. With a bid to acquiring a wider customer base, several large scale companies are looking to acquire smaller and medium enterprises. A few of the major company mergers have been highlighted in the report. In November 2019, Saint-Gobain announced that it has completed the acquisition of Continental Building Products. The company is a US based manufacturer of construction materials and through its acquisition, Saint-Gobain will look to strengthen its portfolio of gypsum products. Saint-Gobain’s latest acquisition will have a huge impact on the growth of the gypsum board market in the forthcoming years.

Asia Pacific Currently Dominates the Market; Rising Construction Activities to Aid Growth