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The global gypsum board market was valued at US$ 26.9 Billion in 2021.
We expect the global gypsum board market to exhibit a CAGR of 5.73% during 2022-2027.
The expanding construction sector, along with the rising demand for safer, environment-friendly, air
purifying, and sound-reducing gypsum boards, is primarily driving the global gypsum board market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary halt in numerous construction
activities, thereby negatively impacting the demand for gypsum board.
Based on the product type, the global gypsum board market has been segmented into wallboard,
ceiling board, pre-decorated board, and others. Among these, wallboard represents the largest
Based on the end use, the global gypsum board market can be bifurcated into residential, corporate,
commercial, and institutional. Currently, the residential sector accounts for the majority of the total
On a regional level, the market has been classified into North America, Asia Pacific, Western Europe,
Eastern Europe, Middle East and Africa, and Central and South America, where Asia Pacific currently
dominates the global market.
Some of the major players in the global gypsum board market include Beijing New Building Material
(BNBM) Group Co., Ltd., Compagnie de Saint-Gobain S.A, Knauf Gips KG, Etex SA/NV, USG Boral
Products Pty Limited, and Yoshino Gypsum Co., Ltd.
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