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. 
 
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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. 
 
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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. 
 
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Key Players in the Gypsum Board Market 
 
BNBM 
Etex Group 
Georgia-Pacific Gypsum LLC 
Knauf Group 
Saint-Gobain 
 
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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.