Building Gypsum: Who Are the Key Players and What's Their Role in the 5.8% CAGR?

September 17, 2025

Building Gypsum Market is experiencing robust expansion, driven by increasing urbanization and demand for sustainable construction materials. Valued at USD 3.15 billion in 2024, the market is projected to grow at a CAGR of 5.8%, reaching approximately USD 4.72 billion by 2032. This growth trajectory reflects the material's critical role in modern construction, offering fire resistance, sound insulation, and energy efficiency.

Building gypsum products are essential for drywall, plaster, and prefabricated components in residential and commercial construction. Their lightweight properties and rapid installation capabilities make them indispensable in fast-track projects, while recyclability aligns with global sustainability initiatives like the EU's Circular Economy Action Plan.

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Market Overview & Regional Analysis Asia-Pacific commands 45% of global building gypsum consumption, with China accounting for over 60% of regional demand. The region's construction boom, particularly in India and Southeast Asia, continues to drive market expansion. North America maintains strong growth through renovation activities and commercial construction, while Europe leads in green building innovations using gypsum-based solutions.

The Middle East shows increasing demand for gypsum boards in mega-projects, though Africa's market remains underdeveloped due to infrastructure limitations. Latin America presents moderate growth prospects, with Brazil and Mexico emerging as key consumers of advanced gypsum products.

Key Market Drivers and Opportunities The market is propelled by three primary forces: stringent building codes mandating fire-resistant materials, the global housing shortage requiring rapid construction solutions, and escalating demand for energy-efficient buildings. Gypsum's ability to regulate indoor humidity and its low embodied carbon footprint make it particularly attractive for sustainable construction.

Emerging opportunities include 3D printed gypsum components for customized architecture and the development of high-strength composites for load-bearing applications. The post-pandemic focus on healthy indoor environments also boosts demand for gypsum products with antimicrobial and air-purifying properties.

Challenges & Restraints While the market shows strong potential, it faces challenges including volatile raw material prices, particularly for natural gypsum, and increasing competition from alternative wall systems. Environmental regulations governing quarrying operations and the energy-intensive calcination process pose additional constraints, pushing manufacturers to adopt cleaner production technologies.

Logistical challenges emerge in regions with limited local production, where transportation costs can account for up to 30% of final product pricing. Trade tensions, such as recent anti-dumping measures on Chinese gypsum products, further complicate market dynamics.

Market Segmentation by Type Plasterboard

Plaster Block

Gypsum Fibreboard

Decorative Plaster

Other

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Market Segmentation by Application Partitions and the Lining of Walls

Ceilings

Roofs

Floors

Other

Market Segmentation and Key Players Knauf

Saint-Gobain

National Gypsum

BNBM

Georgia Pacific

Yoshino Gypsum Co., Ltd

American Gypsum

PABCO Gypsum

Etex

Chiyoda Ute

Jason

CSR

Report Scope This report provides comprehensive analysis of the global Building Gypsum market from 2024 through 2032, examining industry trends across major geographic regions. The study incorporates:

Market sizing and growth projections

Detailed analysis of product segments and applications

Competitive benchmarking of key market participants

The analysis extends to evaluating production capacities, technological developments, and strategic initiatives among leading manufacturers. Special attention is given to:

Emerging product innovations

Supply chain optimization strategies

Regulatory impacts on market dynamics

Our methodology combines primary interviews with industry experts, analysis of corporate disclosures, and proprietary market modeling to deliver accurate, actionable insights.

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