North America Gypsum Board Market Size & Outlook
North America gypsum board market, 2018-2030 (US$M)
Related Markets
North America gypsum board market highlights
- The North America gypsum board market generated a revenue of USD 23,459.7 million in 2023.
- The market is expected to grow at a CAGR of 11.2% from 2024 to 2030.
- In terms of segment, wallboard was the largest revenue generating product in 2023.
- Pre-decorated Board is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 23,459.7 million |
| Market revenue in 2030 | USD 49,345.4 million |
| Growth rate | 11.2% (CAGR from 2023 to 2030) |
| Largest segment | Wallboard |
| Fastest growing segment | Pre-decorated Board |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wallboard, Ceiling Board, Pre-decorated Board, Other Products |
| Key market players worldwide | Knauf, Gypsemna, Global Mining Company, National Gypsum Company, Compagnie de Saint-Gobain SA, Holcim Ltd, Zawawi Group, BNBM, Eternit, United Mining Industries, Yoshino Gypsum |
Other key industry trends
- In terms of revenue, North America region accounted for 42.0% of the global gypsum board market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 10,039.5 million by 2030.
Wallboard was the largest segment with a revenue share of 49.09% in 2023. Horizon Databook has segmented the North America gypsum board market based on wallboard, ceiling board, pre-decorated board, other products covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. dominates the North American gypsum board market, in terms of consumption, owing to the increased demand from the residential sector, extensively developed manufacturing industry, and government initiatives to develop social infrastructure. In addition, rising awareness regarding the benefits of weather protection for building structures is expected to benefit the market growth.
The demand outlook for North America is favorable, with private investments in the industrial sector reaching the highest level in 2019. The industrial sector in North America is likely to witness a significant expansion owing to the rising GDP of the region.
In addition, the manufacturing industry is expected to benefit from the new policy reforms. This is expected to boost the industrial construction in the region, thereby driving the demand for gypsum board over the forecast period.
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Gypsum Board Market Scope
Gypsum Board Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America gypsum board market size, by country, 2018-2030 (US$M)
North America Gypsum Board Market Outlook Share, 2023 & 2030 (US$M)
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