세계의 석고 보드 시장 : 점유율 분석, 산업 동향과 통계, 성장 예측(2025-2030년)

The Gypsum Board Market size is estimated at 16.89 billion square meters in 2025, and is expected to reach 22.76 billion square meters by 2030, at a CAGR of 6.15% during the forecast period (2025-2030).

COVID-19 negatively impacted the gypsum board market. During the initial stages of the pandemic, many construction projects were delayed due to government-imposed lockdowns. Reduced construction activities led to lower demand for gypsum boards in residential, commercial, and infrastructure projects, impacting sales and revenues for manufacturers and distributors. However, as restrictions were lifted, there was a surge in construction and renovation projects, driving up demand for gypsum boards and related products.

Key Highlights

• The significant factors that are driving the market's growth are the increasing demand for gypsum boards for residential construction and rising renovation and remodeling activities globally.
• However, fluctuations in the raw material prices are expected to hinder the growth of the market studied.
• Nevertheless, rapid urbanization, population growth, and future construction investments are expected to create lucrative growth opportunities for the gypsum board market during the forecast period.
• Asia-Pacific is expected to hold the most considerable market share over the forecast period.

Gypsum Board Market Trends

The Residential Sector to Dominate the Market

• The residential sector typically accounts for a significant portion of gypsum board consumption due to the construction of new houses and the renovation or remodeling of existing residential buildings. Gypsum boards are widely used in residential construction for interior walls, ceilings, and partitions due to their ease of installation, durability, fire resistance, and soundproofing properties.
• The residential sector also drives demand for gypsum boards through home improvement and renovation projects. Homeowners often use gypsum boards to renovate their homes, such as adding new walls, partitions, or ceilings or finishing basements. Gypsum boards are preferred for these applications due to their versatility and ease of customization.
• India's construction industry is projected to grow to USD 1.4 trillion by 2025. By 2030, an estimated 600 million people are expected to live in urban centers, resulting in a need for 25 million additional mid and ultra-luxury units. Under the National Investment Plan (NIP), India has an infrastructure investment budget of USD 1.4 trillion, with 24% earmarked for renewable energy, roads and highways, and urban infrastructure and 12% for railways.
• In India, the demand for residential properties has rapidly increased due to growing urbanization and rising household income. According to the Indian Brand Equity Foundation (IBEF), in FY 2023, India's residential property market witnessed the value of home sales at INR 3.47 lakh crore (USD 42 billion), marking a robust increase of around 48% Y-o-Y.
• In China, in November 2023, the finance department announced it would allocate CNY 42.5 billion (USD 5.87 billion) in subsidies toward affordable housing projects in cities for 2024. The central bank also announced in January 2023 that it was raising the funds to be made available for pledges, increasing it by CNY 500 billion (USD 69 billion) for projects related to affordable housing, revitalization of cities, and infrastructure development.
• According to the report released by the US Census Bureau, in April 2024, the number of privately owned homes that were finished increased to a seasonally adjusted yearly pace of 1,623,000. This marked an increase of 8.6% from the previously revised March 2024 figure of 1,495,000, which was 14.6% higher than the rate in April 2023.
• These trends are expected to facilitate the growth of the gypsum board market over the forecast period, thereby supplementing the residential construction sector.

Asia-Pacific to Dominate the Market Studied

• Asia-Pacific is experiencing rapid urbanization and population growth, particularly in countries like China, India, and Southeast Asia. This growth drives the demand for residential, commercial, and infrastructure construction, leading to increased consumption of gypsum boards for interior partition walls, ceilings, and other applications.
• The governments in Asia-Pacific have launched initiatives to promote infrastructure development, affordable housing, and urban renewal projects. These initiatives stimulate construction activity and create a favorable environment for the gypsum board market to thrive.
• According to the National Bureau of Statistics (NBS), in China, the construction industry's business activity index (BASI) rose from 55.9 in November 2023 to 56.9 in December 2023. The BASI score above 50 indicates growth in the industry, and the October 2023 BASI score was 53.5.
• Moreover, according to the data released by the Global Times on April 2023, in order to boost the country's development, China increased investment in infrastructure during the 1st quarter of 2023 and launched over 10,000 projects throughout the country.
• According to the data released by the Indian Brand Equity Foundation (IBEF), the capital expenditure on infrastructure increased by 33% to INR 10 lakh crore (USD 122 billion) in the budget for 2023-24.
• Furthermore, according to the IBEF, the Indian government intends to spend USD 1.4 trillion over the next five years on infrastructure via the National Infrastructure Pipeline (NIP).
• According to data published by The Japan Times, several construction companies have started the construction of skyscrapers in Tokyo. The capital has had 103,100 housing units since 2022.
• Furthermore, according to an advisory panel from Japan's Infrastructure Ministry, the Japanese Ministry of Land, Infrastructure and Transport increased construction orders to domestic companies by up to JPY 5.1 trillion (USD 45.48 billion). This will, in turn, raise demand for gypsum boards across the country.
• The demand for gypsum boards in Asia-Pacific is expected to increase significantly over the forecast period due to all such ongoing and upcoming construction and renovation activities, along with the government's renewed focus on infrastructure.

Gypsum Board Industry Overview

The global gypsum board market is consolidated. The major players (not in any particular order) include Saint-Gobain, USGKnauf, Georgia-Pacific Gypsum LLC, American Gypsum Company LLC, and EtexGroup.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

• 4.1 Drivers
  • 4.1.1 Increasing Demand From Residential Construction
  • 4.1.2 Rising Renovation and Remodeling Activities
• 4.2 Restraints
  • 4.2.1 Fluctuating Raw Material Prices
• 4.3 Industry Value Chain Analysis
• 4.4 Porter's Five Forces Analysis
  • 4.4.1 Bargaining Power of Suppliers
  • 4.4.2 Bargaining Power of Buyers
  • 4.4.3 Threat of New Entrants
  • 4.4.4 Threat of Substitute Products and Services
  • 4.4.5 Degree of Competition

5 MARKET SEGMENTATION (Market Size in Volume)

• 5.1 Type
  • 5.1.1 Wall Board
  • 5.1.2 Ceiling Board
  • 5.1.3 Pre-decorated Board
• 5.2 Application
  • 5.2.1 Residential Sector
  • 5.2.2 Institutional Sector
  • 5.2.3 Industrial Sector
  • 5.2.4 Commercial Sector
• 5.3 Geography
  • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Thailand
    • 5.3.1.6 Malaysia
    • 5.3.1.7 Indonesia
    • 5.3.1.8 Vietnam
    • 5.3.1.9 Rest of Asia-Pacific
  • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
  • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Spain
    • 5.3.3.6 Turkey
    • 5.3.3.7 Russia
    • 5.3.3.8 NORDIC
    • 5.3.3.9 Rest of Europe
  • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Colombia
    • 5.3.4.4 Rest of South America
  • 5.3.5 Middle East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 Nigeria
    • 5.3.5.3 Egypt
    • 5.3.5.4 Qatar
    • 5.3.5.5 South Africa
    • 5.3.5.6 UAE
    • 5.3.5.7 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Mergers, Acquisitions, Joint Ventures, Collaborations, and Agreements
• 6.2 Market Share(%)**/Ranking Analysis
• 6.3 Strategies Adopted by Leading Players
• 6.4 Company Profiles
  • 6.4.1 American Gypsum Company LLC
  • 6.4.2 Beijing New Building Material Public Limited Company (BNBM)
  • 6.4.3 Etex Group
  • 6.4.4 Everest Industries Limited
  • 6.4.5 Georgia-Pacific Gypsum LLC
  • 6.4.6 Global Gypsum Board Co. LLC (Gypcore)
  • 6.4.7 Gypsotonne (VOLMA0)
  • 6.4.8 HOLCIM Ltd
  • 6.4.9 Jason Plasterboard (Jiaxing) Co. Ltd
  • 6.4.10 National Gypsum Services Company
  • 6.4.11 Osman Group
  • 6.4.12 PABCO
  • 6.4.13 Saint-Gobain
  • 6.4.14 USGKnauf
  • 6.4.15 VANS Gypsum

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

• 7.1 Future Investments in the Construction Sector