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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Gypsum Board Market Size
The global gypsum board market reached a value of about USD 29.51 billion in 2023. The market is expected to reach a value of USD 46.97 billion by 2032, at a projected CAGR of 5.3% over the forecast period.
Gypsum Board Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global gypsum board market attained a value of nearly USD 29.51 billion.
The market is projected to grow at a CAGR of 5.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 46.97 billion by 2032.
The major drivers of the market include rising disposable incomes, increasing urbanisation, rising demand from the end-use industries, and extensive applications of the product.
The key trends in the market include the increasing government investment in infrastructure, especially in the emerging economies.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of gypsum board are standard, type X, among others.
The significant products of gypsum board are wallboard, ceiling, and pre-decorated, among others.
The major end uses include residential, commercial, industrial, and institutional, among others.
The major players in the market are Saint Gobain, Knauf Gips KG, Georgia-Pacific LLC, USG BORAL, Etex Group, and LafargeHolcim Ltd, among others.
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