The global market for Gypsum and Drywall was valued at US$31.4 Billion in 2024 and is projected to reach US$41.4 Billion by 2030, growing at a CAGR of 4.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Gypsum and Drywall market.
The widespread adoption of drywall systems is also fueled by their compatibility with modular and prefabricated construction models. As the construction sector shifts toward leaner timelines and standardized design, gypsum boards provide the flexibility needed for partitioning, lining, and even decorative applications. Additionally, their lightweight nature makes them suitable for high-rise buildings, reducing structural load without compromising integrity. This utility, combined with evolving aesthetic expectations and regulatory support for fire safety and sustainability, is pushing drywall into mainstream architectural design.
On the sustainability front, the use of synthetic gypsum - produced as a by-product from flue gas desulfurization in coal-fired plants - is growing, reducing reliance on natural gypsum mining and supporting circular economy models. Additionally, recyclable drywall panels and environmentally certified products are now widely available, supporting LEED and BREEAM green building certification goals. Digital integration in manufacturing, such as precision cutting systems and automated board assembly, is also enhancing product consistency and reducing material waste at construction sites.
Regionally, North America holds the largest market share due to mature drywall usage patterns and widespread renovation activity. The U.S. market is especially dynamic, driven by sustained housing demand, commercial build-outs, and DIY home improvement trends. Meanwhile, the Asia-Pacific region is experiencing the fastest growth, supported by industrialization, government investment in infrastructure, and growing adoption of Western-style construction techniques. Europe, with its emphasis on energy-efficient retrofitting and interior design modernization, continues to expand drywall usage in both new and refurbishment projects.
On the end-use front, the surge in modular and prefabricated construction, renovation of aging building stock, and the rapid expansion of urban housing across emerging economies are major demand drivers. Additionally, building codes that mandate fire resistance and indoor air quality, along with global green construction mandates, are favoring drywall systems over conventional wet-wall techniques. The availability of recycled and synthetic gypsum further supports material sustainability, making gypsum-based drywall an increasingly vital solution in the global construction ecosystem.
Segments: Product (Wallboard, Ceiling Board, Pre-Decorated Board, Other Products); Thickness (Above 5 / 8 Inch, 5 / 8 Inch, 1 / 2 Inch); End-User (Commercial, Residential).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
Global Gypsum and Drywall Market - Key Trends & Drivers Summarized
Why Are Gypsum and Drywall Solutions Becoming Indispensable in Modern Construction?
Gypsum and drywall systems have evolved into essential components of modern construction due to their structural efficiency, cost-effectiveness, and adaptability. Gypsum, primarily composed of calcium sulfate dihydrate, is processed into boards or panels used for interior walls and ceilings in residential, commercial, and industrial buildings. Drywall offers superior advantages over traditional lath-and-plaster methods, including quicker installation, enhanced fire resistance, and acoustic insulation, making it the material of choice in fast-paced urban construction projects across the globe.The widespread adoption of drywall systems is also fueled by their compatibility with modular and prefabricated construction models. As the construction sector shifts toward leaner timelines and standardized design, gypsum boards provide the flexibility needed for partitioning, lining, and even decorative applications. Additionally, their lightweight nature makes them suitable for high-rise buildings, reducing structural load without compromising integrity. This utility, combined with evolving aesthetic expectations and regulatory support for fire safety and sustainability, is pushing drywall into mainstream architectural design.
How Are Product Innovations and Sustainability Goals Driving Market Transformation?
Gypsum and drywall manufacturers are continually innovating to address modern performance needs while aligning with global sustainability goals. Recent product advancements include moisture-resistant boards, soundproof drywall, impact-resistant panels, and mold-resistant variants - designed for use in wet areas such as bathrooms and kitchens, or high-traffic environments like schools and hospitals. These engineered boards enable targeted application across different use cases, significantly expanding their utility in complex building projects.On the sustainability front, the use of synthetic gypsum - produced as a by-product from flue gas desulfurization in coal-fired plants - is growing, reducing reliance on natural gypsum mining and supporting circular economy models. Additionally, recyclable drywall panels and environmentally certified products are now widely available, supporting LEED and BREEAM green building certification goals. Digital integration in manufacturing, such as precision cutting systems and automated board assembly, is also enhancing product consistency and reducing material waste at construction sites.
Which Construction Sectors and Global Markets Are Spearheading Demand?
The residential construction sector remains the largest consumer of gypsum and drywall products, particularly in North America, China, India, and Southeast Asia, where rapid urbanization, population growth, and housing initiatives are fueling demand. Multi-family housing, affordable housing programs, and smart city projects all depend on efficient, scalable building materials - conditions under which gypsum boards excel. In the commercial sector, demand is equally robust in office interiors, retail environments, and hospitality developments, where fast turnaround and customizable interior solutions are essential.Regionally, North America holds the largest market share due to mature drywall usage patterns and widespread renovation activity. The U.S. market is especially dynamic, driven by sustained housing demand, commercial build-outs, and DIY home improvement trends. Meanwhile, the Asia-Pacific region is experiencing the fastest growth, supported by industrialization, government investment in infrastructure, and growing adoption of Western-style construction techniques. Europe, with its emphasis on energy-efficient retrofitting and interior design modernization, continues to expand drywall usage in both new and refurbishment projects.
The Growth in the Gypsum and Drywall Market Is Driven by Several Factors…
The growth in the gypsum and drywall market is driven by several factors tied to construction industry dynamics, product performance innovation, and regulatory momentum toward sustainable building materials. Technologically, improvements in drywall composition - such as high-performance fire-rated, water-resistant, and soundproof panels - are enabling usage in specialized settings, expanding the end-user base across commercial, healthcare, and institutional sectors. Automation in board production and on-site installation tools is reducing labor time and material waste, enhancing project profitability.On the end-use front, the surge in modular and prefabricated construction, renovation of aging building stock, and the rapid expansion of urban housing across emerging economies are major demand drivers. Additionally, building codes that mandate fire resistance and indoor air quality, along with global green construction mandates, are favoring drywall systems over conventional wet-wall techniques. The availability of recycled and synthetic gypsum further supports material sustainability, making gypsum-based drywall an increasingly vital solution in the global construction ecosystem.
Report Scope
The report analyzes the Gypsum and Drywall market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments: Product (Wallboard, Ceiling Board, Pre-Decorated Board, Other Products); Thickness (Above 5 / 8 Inch, 5 / 8 Inch, 1 / 2 Inch); End-User (Commercial, Residential).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Wallboard segment, which is expected to reach US$20.6 Billion by 2030 with a CAGR of a 6.0%. The Ceiling Board segment is also set to grow at 3.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $8.5 Billion in 2024, and China, forecasted to grow at an impressive 8.8% CAGR to reach $8.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Gypsum and Drywall Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Gypsum and Drywall Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Gypsum and Drywall Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as American Gypsum Company LLC, Beijing New Building Materials PLC, BPB Ltd (British Gypsum), CertainTeed (Saint-Gobain), Etex Group NV and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 42 companies featured in this Gypsum and Drywall market report include:
- American Gypsum Company LLC
- Beijing New Building Materials PLC
- BPB Ltd (British Gypsum)
- CertainTeed (Saint-Gobain)
- Etex Group NV
- Georgia-Pacific LLC
- Gold Bond Building Products (National Gypsum)
- Gyproc (Saint-Gobain)
- India Gypsum Pvt Ltd
- Knauf Gips KG
- LafargeHolcim Ltd
- National Gypsum Company
- PABCO Gypsum
- Patel Interior Products and Contractors
- Saint-Gobain S.A.
- Siniat (Etex Group)
- USG Corporation
- Uralita Group (COEMAC)
- Yoshino Gypsum Co., Ltd.
- Zawawi Gypsum LLC
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What's Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- American Gypsum Company LLC
- Beijing New Building Materials PLC
- BPB Ltd (British Gypsum)
- CertainTeed (Saint-Gobain)
- Etex Group NV
- Georgia-Pacific LLC
- Gold Bond Building Products (National Gypsum)
- Gyproc (Saint-Gobain)
- India Gypsum Pvt Ltd
- Knauf Gips KG
- LafargeHolcim Ltd
- National Gypsum Company
- PABCO Gypsum
- Patel Interior Products and Contractors
- Saint-Gobain S.A.
- Siniat (Etex Group)
- USG Corporation
- Uralita Group (COEMAC)
- Yoshino Gypsum Co., Ltd.
- Zawawi Gypsum LLC
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 375 |
| Published | May 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 31.4 Billion |
| Forecasted Market Value ( USD | $ 41.4 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
