Published by IMARC Services Private Limited
Posted on August 31, 2021
4 min readLast updated: February 14, 2026
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According to IMARC Group’s latest report, titled“Gypsum Board Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the gypsum board market reached a value US$ 24.4 Billion in 2020. Gypsum boards refer to lightweight construction materials which are widely installed in walls, ceilings, and partitions. They are adopted for interior and exterior applications across residential or non-residential sectors. Commonly known as drywall, wallboard, or plasterboard, gypsum boards are directly attached to wood and metal framing by screws, adhesives, nails, etc. These boards offer numerous benefits pertaining to versatility, convenience, sound control, quality, etc.
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The expanding construction sector, along with the growing adoption of gypsum boards for both residential and commercial applications, is primarily driving the market growth. Furthermore, the rising number of remodeling and refurbishment activities for the existing infrastructures is also propelling the global market for gypsum boards. Additionally, the increasing demand for quality housing and better living conditions of the consumers are further augmenting the market growth. Rapid industrialization, coupled with the introduction of eco-friendly product variants, will continue to drive the global market for gypsum boards in the coming years. Looking forward, the global gypsum board market is expected to grow at a CAGR of 7.2% during the forecast period (2021-2026).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
· BNBM Group
· Saint-Gobain
· Etex
· USG Boral
· Yoshino
Market by Product Type
· Wallboard
· Ceiling Board
· Pre-decorated Board
· Others
Market by End-Use
· Residential
· Corporate
· Commercial
· Institutional
· North America (United States, Canada)
· Europe (Germany, France, United Kingdom, Italy, Spain, Others)
· Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
· Latin America (Brazil, Mexico, Others)
· Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
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The expanding construction sector and the growing adoption of gypsum boards for residential and commercial applications are primarily driving market growth.
Key players in the gypsum board market include BNBM Group, Saint-Gobain, Etex, USG Boral, and Yoshino.
The gypsum board market includes various product types such as wallboard, ceiling board, pre-decorated board, and others.
The market analysis covers several regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The forecast period for the gypsum board market report is from 2021 to 2026.
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