Gypsum Board Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the Gypsum Board market, detailing insights on market size, trends, and forecasts from 2023 to 2033, alongside regional and segment-specific breakdowns.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $17.50 Billion |
| CAGR (2023-2033) | 4.2% |
| 2033 Market Size | $26.61 Billion |
| Top Companies | Saint-Gobain, USG Corporation, Knauf Insulation, Boral Limited |
| Last Modified Date | 15 Nov 2024 |
Gypsum Board Market Report (2023 - 2033)
Gypsum Board Market Overview
What is the Market Size & CAGR of Gypsum Board market in 2033?
Gypsum Board Industry Analysis
Gypsum Board Market Segmentation and Scope
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Gypsum Board Market Analysis Report by Region
Europe Gypsum Board Market Report:
Europe's Gypsum Board market is expected to grow from $5.66 billion in 2023 to $8.61 billion by 2033, driven by regulatory frameworks aimed at reducing carbon emissions in construction, encouraging sustainable building practices.Asia Pacific Gypsum Board Market Report:
In Asia Pacific, the Gypsum Board market is anticipated to grow from $3.28 billion in 2023 to $4.98 billion by 2033, spearheaded by expansive construction activities in emerging economies. The demand is further augmented by increasing urbanization and government initiatives fostering infrastructure development.North America Gypsum Board Market Report:
North America’s market is set to experience significant growth from $5.98 billion in 2023 to $9.09 billion in 2033. The strong push towards energy-efficient buildings and new housing projects in the U.S. and Canada fuel this growth.South America Gypsum Board Market Report:
The South American Gypsum Board market, projected to increase from $0.46 billion in 2023 to $0.70 billion by 2033, reflects potential growth due to rising construction investments in Brazil and Argentina. Economic recovery will drive demand.Middle East & Africa Gypsum Board Market Report:
The Middle East and Africa region is projected to progress from $2.12 billion in 2023 to $3.22 billion by 2033, primarily due to increased investment in infrastructure and real estate developments across countries like UAE and South Africa.Request a custom research report for industry.
Gypsum Board Market Analysis By Product Type
Global Gypsum Board Market, By Product Type Market Analysis (2023 - 2033)
Products include regular Gypsum boards, moisture-resistant boards, and fire-resistant boards. Regular boards dominate the market due to their broad application in residential construction, scoring 67.57% market share by 2023 which will sustain through to 2033.
Gypsum Board Market Analysis By Application
Global Gypsum Board Market, By Application Market Analysis (2023 - 2033)
The market is segmented into residential, commercial, and industrial applications. Residential construction holds the largest share at 67.57%, while commercial and industrial applications are also significant contributors, indicating a balanced development across sectors.
Gypsum Board Market Analysis By End Use
Global Gypsum Board Market, By End-Use Industry Market Analysis (2023 - 2033)
The construction industry is the primary end-use sector for Gypsum boards, reflecting a total market size of $11.82 billion in 2023, growing to $17.98 billion by 2033, showcasing substantial consumer confidence in new builds and renovations.
Gypsum Board Market Analysis By Manufacturing Process
Global Gypsum Board Market, By Manufacturing Process Market Analysis (2023 - 2033)
The casting process currently dominates the manufacturing of Gypsum boards, accounting for 81.06% of production in 2023, with rapid advances in lamination processes gradually increasing in relevance as manufacturers adopt new technologies.
Gypsum Board Market Analysis By Distribution Channel
Global Gypsum Board Market, By Distribution Channel Market Analysis (2023 - 2033)
Distribution channels include direct sales, online sales, and wholesale. Direct sales are the prevailing channel, making up 67.57% of the market share, indicating a preference for businesses-to-business transactions in this sector.
Gypsum Board Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Gypsum Board Industry
Saint-Gobain:
A global leader in sustainable building materials, Saint-Gobain is renowned for its innovative Gypsum Board solutions that enhance building performance and sustainability.USG Corporation:
Known for its high-quality Gypsum Boards, USG Corporation leads the market in North America, focusing on innovation and product diversity to meet various construction needs.Knauf Insulation:
Knauf is recognized for its wide range of Gypsum products and has a significant presence in Europe, driving sustainability with eco-friendly materials.Boral Limited:
Boral, an established company in construction materials globally, offers a variety of Gypsum Boards engineered for various infrastructural requirements.We're grateful to work with incredible clients.
