Plasterboard Market is expected to Grow with a CAGR of 6.66% through 2030
The
Plasterboard Market is driven by growing construction activity, demand for
energy-efficient building materials, increasing residential and commercial
developments, and the need for fire-resistant, soundproof, and eco-friendly
wall solutions.
According
to TechSci Research report, “Plasterboard Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2030F”, the
Global Plasterboard Market was valued at USD 30.22 billion in 2024 and is expected to reach USD 44.89 billion by 2030 with a CAGR of 6.66% during the forecast period. A significant trend in the Plasterboard Market is the increasing adoption of fire-resistant plasterboards, particularly in the commercial and residential building sectors. As fire safety regulations become more stringent globally, there is a heightened demand for building materials that offer enhanced fire resistance to protect lives and property. Fire-resistant plasterboards, which are specially formulated to withstand high temperatures and slow the spread of flames, are increasingly being used in walls, ceilings, and partitions, particularly in high-risk areas such as kitchens, stairwells, and utility rooms. These plasterboards are gaining popularity in both new construction and renovation projects due to their ability to provide an additional layer of fire protection without compromising on structural integrity or aesthetics. As part of fire safety regulations, many regions require specific fire ratings for building materials used in construction, pushing architects and contractors to seek compliant materials. The ability of fire-resistant plasterboards to meet these rigorous standards while maintaining ease of installation and cost-effectiveness is driving their widespread adoption. Moreover, fire-resistant plasterboards are often combined with other fire suppression systems, such as sprinklers and smoke detectors, creating a comprehensive fire protection solution. The ongoing urbanization and construction of high-rise buildings, where the risk of fire spread is more pronounced, further accelerate the demand for these products. This trend is expected to continue as building regulations evolve, particularly in regions with high seismic or fire risk, where fire-resistant plasterboards offer enhanced safety and peace of mind for building occupants and owners.
Browse
over XX Market data Figures spread through XX Pages and an in-depth TOC on
the "Global Plasterboard Market.”
Based on Form,
the Tapered-Edged segment held the largest Market share in 2024. The growth of
the Plasterboard Market in the Tapered-Edged segment is primarily driven by the
increasing demand for efficient, high-quality, and easy-to-install drywall
systems in both residential and commercial construction projects. Tapered-edged
plasterboards, characterized by their unique edge design that allows for
seamless joining and reduced finishing time, are gaining popularity due to
their ability to simplify the installation process and enhance the overall
aesthetic appeal of interior spaces. As the construction industry continues to
grow, particularly in emerging economies, the demand for cost-effective and
time-efficient materials is rising, driving the adoption of tapered-edged
plasterboard solutions. The ability to create smooth, flush walls and ceilings
with minimal jointing and finishing work is a key selling point, reducing labor
costs and installation time, which is particularly important in large-scale
commercial projects with tight timelines. Additionally, the demand for
sustainable and eco-friendly construction materials is further propelling the
growth of the tapered-edged plasterboard segment. Many manufacturers are now
producing plasterboards using recycled materials and low-emission processes,
appealing to environmentally conscious builders and consumers. The expansion of
green building standards and certifications, such as LEED (Leadership in Energy
and Environmental Design), is also encouraging the use of sustainable and
high-performance materials, boosting the adoption of tapered-edged
plasterboards in projects aimed at meeting these stringent requirements.
Furthermore, the increasing focus on soundproofing, fire resistance, and
thermal insulation in modern buildings is driving demand for advanced
plasterboard solutions. Tapered-edged plasterboards are well-suited for these
applications, as they offer enhanced durability, fire resistance, and acoustic
properties, making them ideal for use in both residential and commercial
buildings, including offices, hotels, schools, and hospitals. The rapid
urbanization and infrastructural development in emerging markets, particularly
in Asia-Pacific, Africa, and Latin America, are contributing to the growing
demand for plasterboard products, including tapered-edged variants. These
regions are experiencing a boom in construction activities, fueled by rising
disposable incomes, urban migration, and a need for modern housing and
commercial spaces. As these regions continue to develop, the demand for
plasterboard products that meet both functional and aesthetic requirements is
increasing, positioning tapered-edged plasterboards as a preferred solution.
Additionally, advancements in plasterboard manufacturing technologies are
improving the quality and performance of tapered-edged plasterboards, making them
more cost-effective and efficient. Innovations in lightweight plasterboard
options, as well as enhanced bonding agents and jointing compounds, are
contributing to the market's growth. The increasing preference for DIY
(do-it-yourself) construction projects, particularly in residential housing, is
also driving the demand for tapered-edged plasterboards, as they offer ease of
handling and installation for non-professional users. As a result, the
tapered-edged segment is benefiting from both commercial and residential
demand, positioning it as a key driver of growth in the broader plasterboard
market.
Based on region,
Asia Pacific is the fastest-growing region in the Plasterboard Market, driven
by rapid urbanization, booming construction activities, and increasing
infrastructure development across major economies like China, India, and
Southeast Asian nations. The region's expanding middle class and rising
disposable incomes are spurring demand for residential and commercial
properties, thereby increasing the need for plasterboard as a key construction
material. Additionally, the growing focus on sustainable building practices and
energy-efficient solutions in response to environmental concerns is further
boosting market growth. Governments in Asia Pacific are increasingly adopting
stringent building codes and standards, driving the demand for high-quality and
innovative plasterboard products, such as fire-resistant, moisture-resistant,
and soundproof variants. The region's infrastructure development, including
large-scale residential projects, commercial buildings, and public sector
developments, is creating a substantial demand for plasterboard in both new
construction and renovation projects. Furthermore, with a shift toward modern
architectural designs and interior aesthetics, plasterboard is becoming a
preferred choice due to its versatility, ease of installation, and
cost-effectiveness. The rapid pace of urbanization, coupled with increasing
investments in infrastructure and the construction sector, positions Asia
Pacific as a key growth driver for the plasterboard market in the coming years.
Major
companies operating in the Global Plasterboard Market are:
- Etex
Group
- Saint-Gobain
- Georgia-Pacific
- AWI
Licensing LLC
- National
Gypsum Services Company
- Ahlstrom
Oyj
- Boral
Limited
- Yoshino
Gypsum Co.,Ltd.
Download Free Sample Report
Customers
can also request 10% free customization in this report.
“The
Global Plasterboard Market is expected to rise in the upcoming years and
register a significant CAGR during the forecast period. The Plasterboard Market
offers considerable growth opportunities, fueled by the rising demand for
energy-efficient, cost-effective, and multifunctional building materials across
residential, commercial, and industrial segments. As the construction industry
increasingly prioritizes sustainability, plasterboard’s eco-friendly
characteristics—such as recyclability and thermal insulation—are becoming more
desirable. Market expansion is further supported by urbanization,
infrastructure projects, and renovation activities, with plasterboard being a
key material for wall, ceiling, and partition applications. Furthermore, the
integration of advanced plasterboard technologies, including fire-resistant and
moisture-resistant boards, presents new opportunities for specialized
applications, particularly in fire-sensitive and high-moisture environments. Therefore,
the Market of Plasterboard is expected to boost in the upcoming years.,” said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.
“Plasterboard
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented, By Type (Standard, Fire-Resistant, Sound-insulated,
Moisture-Resistant, Thermal, Specialist, Impact-Resistant), By Form
(Tapered-Edged and Square-Edged), By End-User Sector (Residential and
Non-Residential), By Region, By Competition, 2020-2030F”, has evaluated the future growth
potential of Global Plasterboard Market and provides statistics &
information on the Market size, structure, and future Market growth. The report
intends to provide cutting-edge Market intelligence and help decision-makers make
sound investment decisions., The report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in the
Global Plasterboard Market.
Contact
Techsci Research LLC
420 Lexington Avenue,
Suite 300, New York,
United States-
10170
Tel: +13322586602
Email: [email protected]
Website: www.techsciresearch.com