Drywall Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

The global drywall market size reached around USD 44.78 Billion in 2024. The market is projected to grow at a CAGR of 6.20% between 2025 and 2034 to reach nearly USD 81.72 Billion by 2034. The market growth can be attributed to the robust growth of the construction sector, the rising focus on enhancing the aesthetics of interiors, the growing demand for acoustical drywall solutions, the increasing focus on sustainability, and the development of smart drywalls.

Global Drywall Market Growth

As drywalls can be painted or finished to mimic materials such as stone, wood, and brick, they are increasingly used to enhance the aesthetics of interiors and create unique spaces. Due to their versatile finish and design, drywall products are considered an attractive option for customers seeking to customise and personalise their spaces.

Growing concerns surrounding fire safety in the construction sector are shaping the drywall market dynamics. Fire-resistant drywalls engineered to resist fire and provide extra protection in case of a fire are gaining popularity. There is also a growing trend of integrating fire-resistant drywalls with fireproofing materials and sprinkler systems for comprehensive fire protection.

Advancements in technologies such as automation and robotics leading to the development of drywall installation robots that can reduce installation time and labour costs by efficiently hanging, cutting, and securing drywall sheets, especially in large-scale projects, are expected to lead to the drywall market development. In the forecast period, increasing research activities aimed at developing drywall products that boast enhanced durability and ease of maintenance are anticipated to fuel the market.

Key Trends and Developments

Rising demand for acoustical drywall solutions; increasing focus on sustainability; rising shift towards modular and prefabricated construction; and the development of smart drywall are favouring the drywall market expansion.

February 2025

CGC announced the launch of a revolutionary gypsum panel, the 1/2 in. Sheetrock® Brand UltraLight PRO Panels, offering significant advancements in weight and environmental impact and durability. The UltraLight PRO Panels are CGC’s lightest ½ (12.7 mm) gypsum panels, offering weight reduction of up to 8.9 per cent while significantly minimising fastener blowouts, edge damage and corner damage.

January 2025

Saint-Gobain launched the Gyproc SoundBloc Infinaé 100, its plasterboard manufactured entirely from gypsum recycled materials. The plasterboard uses plaster waste taken from construction sites, supports the circular economy, and aids construction companies achieve their sustainability goals.

December 2023

Saint-Gobain Gyproc launched a range of products, including 'Habito Standard', its new range of gypsum wallboards made from heavy unplanned and planned loading applications; Rigiroc, a multi-purpose moisture resistant board; and Glasroc X, a wallboard for exterior applications.

January 2023

Ahlstrom launched FibRoc plasterboard, a combination of glass, synthetic, and natural fibres that is a protective and durable solution for high-performance plasterboard applications. The plasterboard is designed to offer dimensional stability and protection in application areas and reduce environmental impact.

Increasing demand for acoustical drywall solutions

As better sound control in buildings, including offices, residential complexes, and entertainment venues, is increasingly gaining prominence, the demand for acoustical drywall solutions to enhance comfort and productivity by reducing noise transmission between rooms is rising.

Rising trend of sustainability

Growing environmental concerns and the rising trend of sustainability are boosting the drywall market revenue. As traditional drywall repair materials contribute to landfill waste and require energy-intensive production processes, manufacturers are producing drywall products made from recycled content and adopting recycling programmes to ensure the responsible disposal of old drywall and debris to avoid landfill contributions.

Growing shift towards modular and prefabricated construction

With the emerging shift towards prefabricated and modular construction, manufacturers are increasingly focusing on prefabricated drywall systems that can be efficiently shipped, produced, and assembled in modular construction projects. Moreover, prefabricated drywalls are typically customised to fit the specific needs of the building design, intended use, and location, hence offering enhanced flexibility and reducing waste.

Development of smart drywalls

The development of smart drywalls incorporating advanced insulating materials and technologies such as IoT and smart sensors to improve the energy efficiency of buildings is aiding the market. Key players are also developing drywalls integrated with air-purifying technology to capture harmful pollutants and gases and enhance health standards within residential and commercial spaces.

Global Drywall Market Trends

Rapid urbanisation has escalated concerns surrounding noise pollution, driving the demand for acoustical drywalls that provide effective solutions for reducing noise between floors and rooms. Manufacturers are increasingly developing advanced acoustical drywalls with enhanced sound attenuation properties like fibreglass-enhanced panels, multi-layered drywall, and mass-loaded vinyl to reduce sound transmission.

With the growing trend of sustainability, manufacturers in the drywall market are seeking bio-based or mineral-based materials as alternatives to traditional gypsum. The rising focus on the circular economy is also prompting key players to explore ways to recycle drywall waste and ensure the proper recycling and disposal of drywall at the end of its life cycle.

Global Drywall Industry Segmentation

The report titled “Global Drywall Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Standard
• Fire-Resistant
• Mould/Moisture Resistant

Market Breakup by Application

• Residential
• Commercial

Market Breakup by Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Global Drywall Market Share

As per the drywall market analysis, the market is segmented into residential and commercial. The residential sector accounts for a significant share of the market amid rising housing construction and increasing home renovation activities. The growing preference for energy-efficient homes and the increasing use of sustainable construction practices are driving the demand for soundproof and moisture-resistant drywall.

Meanwhile, the demand for drywalls in the commercial sector is growing due to the increasing construction of large-scale offices, high-rise buildings, and institutional projects that require large quantities of drywall for ceilings, partitioning, and fire-resistant wall systems.

Competitive Landscape

Key drywall market players are actively investing in the development of specialised drywall products like fire-resistant drywall, acoustical drywall, green drywall, and moisture-resistant drywall to meet evolving customer demands. They are also attempting to provide drywall products that can contribute to green and eco-friendly building certifications such as LEED.

USG Corporation

USG Corporation, founded in 1902 and headquartered in Illinois, United States, is a prominent manufacturer of building products and innovative solutions such as ceiling, wall, flooring, and sheathing products. Some of its prominent brands include Sheetrock®, Securock®, and Durock®, among others.

Georgia-Pacific LLC

Georgia-Pacific LLC, founded in 1927 and headquartered in Georgia, United States, is one of the leading manufacturers and marketers of paper towels and napkins, bath tissue, paper-based packaging, tableware, cellulose, speciality fibers, and building products. Operating in over 150 facilities, the company employs around 300,000 individuals.

American Gypsum Company

American Gypsum Company, founded in 1985 and headquartered in Texas, United States, is a company that is engaged in manufacturing, selling, and distributing gypsum wallboard products. The company boasts modern production facilities with advanced control equipment, technology, and in-house accredited laboratories.

CertainTeed

CertainTeed, founded in 1904 and headquartered in Pennsylvania, United States, is a subsidiary of Saint-Gobain and a leading brand of sustainable exterior and interior building products in North America. Its product portfolio includes siding, roofing, railing, fence, railing, insulation, gypsum, and ceilings.

Other key players in the drywall market include China National Building Materials Co., Ltd., among others.