Plasterboard - Global Strategic Business Report

The global market for Plasterboard was valued at USD 29.2 Billion in 2024 and is projected to reach USD 41.1 Billion by 2030, growing at a CAGR of 5.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Plasterboard Market - Key Trends and Drivers Summarized

Building Foundations: The Evolution and Utility of Plasterboard

Plasterboard, also known as drywall or gypsum board, is a panel made of gypsum plaster pressed between two thick sheets of paper. This building material is widely used for constructing interior walls and ceilings. The production process begins with the mining of gypsum, which is then ground into a fine powder and heated to remove moisture. This creates calcium sulfate hemihydrate, commonly known as plaster of Paris. The plaster is then mixed with water and various additives to create a slurry, which is spread onto a continuous sheet of paper. Another layer of paper is applied on top, and the sandwich is passed through rollers to ensure a consistent thickness. The board is then dried in a kiln and cut to size. The result is a strong, lightweight, and fire-resistant material that is easy to install and finish, making it a staple in modern construction.

How Is Plasterboard Utilized in Construction?

Plasterboard is a versatile building material used extensively in residential, commercial, and industrial construction. It serves as the primary material for constructing interior walls and ceilings, providing a smooth surface for painting, wallpapering, and other finishes. In residential construction, plasterboard is used to create partitions, allowing for flexible and cost-effective room layouts. In commercial buildings, it is used to construct office spaces, retail areas, and public facilities, where quick installation and modification are often required. Plasterboard is also employed in industrial settings for constructing non-load-bearing walls and ceilings, providing essential fire protection and acoustic insulation. Additionally, specialized types of plasterboard, such as moisture-resistant or soundproof varieties, are used in specific applications like bathrooms, kitchens, and recording studios. Its adaptability and ease of use make plasterboard an indispensable material in modern construction.

What Are the Current Trends in Plasterboard Technology?

The plasterboard industry is continuously evolving, driven by advancements in technology and increasing demand for sustainable building materials. One notable trend is the development of high-performance plasterboards designed to meet specific needs, such as enhanced fire resistance, improved thermal insulation, and superior acoustic properties. Another significant trend is the push towards sustainability, with manufacturers incorporating recycled materials and developing plasterboards with lower environmental impact. Innovations in production technology are also making plasterboard manufacturing more efficient and less energy-intensive. Additionally, digital tools and software are being used to optimize the design and installation of plasterboard systems, ensuring precise cuts and reducing waste. The growing trend of modular and prefabricated construction is further boosting the demand for plasterboard, as it allows for rapid assembly and high-quality finishes. These trends highlight the ongoing efforts to improve the performance, sustainability, and efficiency of plasterboard in the construction industry.

What Factors Are Driving the Growth in the Plasterboard Market?

The growth in the plasterboard market is driven by several factors, reflecting the increasing demand for efficient and sustainable building solutions. Rapid urbanization and the expansion of infrastructure in emerging economies are significant drivers, as they lead to a surge in residential and commercial construction projects. Technological advancements in manufacturing and materials science are enhancing the performance and sustainability of plasterboard, making it more appealing to builders and developers. The growing awareness of environmental issues and the push for green building practices are also propelling market growth, as plasterboard is recognized for its recyclable nature and energy-efficient properties. Additionally, the increasing adoption of modular construction techniques is driving demand for plasterboard due to its versatility and ease of installation. Government regulations and incentives promoting energy-efficient and fire-safe building materials further support the market's expansion. These factors collectively ensure robust growth in the plasterboard market, highlighting its critical role in contemporary construction and sustainable building practices.

Report Scope

The report analyzes the Plasterboard market, presented in terms of market value (USD Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments

Type (Standard, Fire-Resistant, Sound-insulated, Moisture-Resistant, Thermal, Other Types); End-use (Residential, Non-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 Standard Plasterboard segment, which is expected to reach $12.3 Billion by 2030 with a CAGR of a 6.5%. The Fire-Resistant Plasterboard segment is also set to grow at 6.9% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $7.7 Billion in 2024, and China, forecasted to grow at an impressive 9.5% CAGR to reach $9.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in USD 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 major players such as Ahlstrom-Munksjo, Armstrong World Industries, Inc., Atiskan Gypsum Products Co.Inc., AYHACO Gypsum Products Manufacturing, Beijing New Building Material (Group) Co., Ltd. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Plasterboard 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 Plasterboard 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 Plasterboard 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?

Some of the 42 major companies featured in this Plasterboard market report include:

• Ahlstrom-Munksjo
• Armstrong World Industries, Inc.
• Atiskan Gypsum Products Co.Inc.
• AYHACO Gypsum Products Manufacturing
• Beijing New Building Material (Group) Co., Ltd.
• Boral Ltd.
• Compagnie De Saint-Gobain SA
• Etex SA
• Fletcher Building Limited
• Georgia-Pacific LLC
• Gyprock
• Gypsemna Co. LLC
• Gypsum Management and Supply, Inc.
• Gyptec Iberica
• Jason Plasterboard Co.Ltd.
• Knauf Gips KG
• LafargeHolcim Ltd.
• MADA Gypsum Company
• National Gypsum Company
• Siniat Ltd.
• TAI SHAN GYPSUM CO., LTD
• Tanzania Gypsum Limited (Tanzania)
• USG Corporation
• Yoshino Gypsum Co., Ltd.