Gypsum Board Market Size, Share Forecast to US$ 98.06 Bn by 2030, Led by Etex
Building a Solid Future: Gypsum Panel Market Projected to Reach US$98.06 Billion by 2030 The construction industry is set for steady growth with the gypsum panel market projected to reach a staggering US$98.06 billion by 2030. This translates to a significant CAGR of 11.3% from 2024, driven by rising urbanization and increasing demand for durable, fire-resistant building materials, according to a new report by Maximize Market Research. Request for free sample: Gypsum Panels: A Versatile Choice for Modern Construction Gypsum panels, also known as drywall, are a staple in modern construction. Their lightweight nature, ease of installation, and fire-resistant properties make them a popular choice for walls, ceilings, and partitions in both residential and commercial buildings. Market Takes Shape: A Segmented Landscape The gypsum panel market is segmented by product type (pre-decorated boards, wallboards, ceiling boards) and application (commercial, residential). This segmentation all