Plasterboard Market Size, Share, Growth and Industry Analysis, By Types (Acoustic plasterboard, Moisture resistant plasterboard, Fire-resistant plasterboard, Insulated plasterboard), By Applications (Residential, Commercial, Others), Regional Insights and Forecast to 2034

Plasterboard Market Size

The Global Plasterboard Market size was valued at USD 31.83 Billion in 2024, projected to reach USD 34.15 Billion in 2025, and further estimated at USD 36.64 Billion in 2026. It is expected to grow substantially, attaining nearly USD 64.33 Billion by 2034, exhibiting a CAGR of 7.29% during the forecast period. The market is witnessing steady expansion, driven by rising demand for lightweight construction materials. More than 55% of residential construction projects employ plasterboards for interior partitioning, while fire-resistant and moisture-resistant variants are experiencing a demand surge exceeding 32% in urban real estate. Gypsum-based plasterboards dominate with nearly 65% of total product usage, favored for their durability, performance, and sustainability.

In the United States, the plasterboard market is gaining traction, especially in the residential and commercial sectors. Over 58% of home renovation projects are incorporating moisture-resistant plasterboards. Fire-rated plasterboards account for 42% of usage in newly constructed institutional buildings. Additionally, about 35% of U.S. contractors are shifting toward eco-friendly boards to meet green building compliance, while acoustic boards represent 26% of installations in office construction. The demand in modular construction has also grown, with plasterboard being used in over 30% of prefabricated housing projects.

Key Findings

• Market Size: Valued at $31.83Bn in 2024, projected to touch $34.15Bn in 2025 to $64.33Bn by 2034 at a CAGR of 7.29%.
• Growth Drivers: Over 62% preference for sustainable materials and 40% rise in modular construction adoption.
• Trends: Acoustic plasterboard usage up by 33%, with moisture-resistant variants gaining 25% market share in wet-area construction.
• Key Players: Saint-Gobain S.A., USG Corporation, KNAUF Gips KG, Boral Ltd., LafargeHolcim Ltd. & more.
• Regional Insights: Asia-Pacific leads with 42% share due to rising residential construction; Europe holds 28% driven by sustainable building materials; North America captures 26% from institutional and commercial demand; Middle East & Africa accounts for 4% through urban infrastructure growth.
• Challenges: 34% impacted by raw material price fluctuations and 26% affected by logistics disruptions.
• Industry Impact: Over 48% of construction projects now specify plasterboard for energy efficiency and fire safety compliance.
• Recent Developments: 36% of manufacturers launched advanced products, and 30% expanded production capacity in emerging markets.

The Global Plasterboard Market is shifting rapidly toward innovation-led growth, with more than 27% of developments targeting acoustic and thermal insulation features. As building codes evolve, over 50% of new commercial buildings are adopting multi-layered fire-rated plasterboard solutions. Manufacturers are focusing on recyclable and lightweight materials, leading to a 22% increase in eco-friendly product launches. The integration of prefinished and modular panels has transformed installation efficiency, reducing labor by nearly 40% in multi-unit projects. Demand is notably rising in mid-tier housing developments and urban infrastructure expansion across Asia-Pacific and North America.

Plasterboard Market Trends

The Plasterboard Market is witnessing rapid transformation, driven by the escalating demand in residential and commercial construction sectors. More than 55% of the market share is held by the residential construction segment, highlighting the increasing adoption of plasterboard for interior wall and ceiling applications. Lightweight properties and cost-effective installation are enabling plasterboard to replace traditional brick-and-mortar solutions in over 60% of modern construction projects. In addition, fire-resistant plasterboard accounts for nearly 25% of the total market demand, primarily used in institutional and commercial buildings due to enhanced safety regulations. Moisture-resistant variants are gaining traction and represent around 18% of the market volume, especially in kitchens and bathrooms.

Asia-Pacific dominates the global plasterboard market with over 42% share, propelled by ongoing urbanization and real estate development in emerging economies. Europe follows with a 28% share, led by sustainable construction practices and eco-certified building materials. The commercial sector contributes nearly 30% to overall market usage, while innovations in laminated and acoustic plasterboard are expanding the market scope. Gypsum-based plasterboard holds a dominant position with nearly 65% usage rate due to its strength, recyclability, and compatibility with automation in modern building systems. With interior design trends emphasizing smooth finishes and flexible partitioning, more than 35% of remodeling projects now incorporate advanced plasterboard solutions.

Plasterboard Market Dynamics

DRIVERS

Surge in sustainable and lightweight construction demand

Over 62% of modern building developers prefer sustainable and recyclable materials, driving the demand for plasterboard. Its lightweight nature reduces structural load by nearly 40% compared to conventional materials, making it a favorable choice in over 50% of green construction projects. With approximately 47% of architects prioritizing energy-efficient designs, the integration of insulated plasterboard solutions is becoming standard across both residential and commercial builds.

OPPORTUNITY

Expansion of prefabricated and modular construction

Prefabricated and modular construction now accounts for over 33% of new building formats, significantly benefiting the plasterboard market. Plasterboard’s compatibility with modular paneling systems has increased its usage in over 45% of prefabricated housing projects. Additionally, with 29% of commercial infrastructure shifting toward modular interiors, plasterboard panels are being rapidly adopted for faster, cleaner, and scalable construction solutions in urban development initiatives.

RESTRAINTS

"Limited durability in high-moisture environments"

Despite its advantages, plasterboard faces durability concerns in high-moisture or water-prone zones. Nearly 28% of construction professionals report material degradation in areas with elevated humidity. Moisture-induced issues contribute to over 22% of plasterboard replacements, particularly in bathrooms, basements, and kitchens. Approximately 30% of builders avoid using standard plasterboard in regions with rainfall-dominant climates due to the lack of long-term resistance. Moreover, water damage leads to structural instability in about 19% of interior walls where standard plasterboard is used without moisture-resistant enhancements, which limits its usage in specific infrastructure types such as coastal housing and flood-prone zones.

CHALLENGE

"Rising costs and supply chain volatility"

Fluctuations in raw material availability and logistics have created significant pricing pressures across the plasterboard market. Over 34% of manufacturers indicate rising gypsum procurement costs due to regional mining restrictions and export limitations. Transportation and energy-related expenses contribute to nearly 26% of the total cost burden for producers, straining profitability margins. Additionally, supply disruptions have delayed approximately 18% of construction projects using plasterboard, especially in fast-growing urban regions. Around 23% of contractors are switching to alternative materials in response to persistent delivery lags and cost instability, highlighting an urgent need for localized production and streamlined supply chain models.

Segmentation Analysis

The plasterboard market is segmented based on type and application, each playing a distinct role in determining product preference, demand trends, and market dynamics. On the basis of type, acoustic, moisture-resistant, fire-resistant, and insulated plasterboards contribute to over 80% of total market volume. Acoustic plasterboard is increasingly adopted in commercial and institutional buildings, while fire-resistant variants are gaining popularity in public infrastructure projects. Moisture-resistant plasterboard sees high usage in kitchen and wet-area applications, contributing significantly to residential adoption. On the application front, the residential sector leads with over 55% share, followed by commercial usage at around 30%, while the rest is captured by segments such as industrial or public sector construction. Each segment is influenced by regulatory needs, aesthetic expectations, and safety features, shaping product demand in diverse geographies and usage conditions.

By Type

• Acoustic plasterboard: Acoustic plasterboard accounts for over 20% of the total demand, favored for its sound-absorbing capabilities in office buildings, schools, and auditoriums. Approximately 35% of commercial properties use acoustic variants to enhance noise insulation, especially in urban setups.
• Moisture resistant plasterboard: With around 25% share in the total type-based segment, moisture-resistant plasterboard is heavily used in residential bathrooms and kitchens. Over 40% of builders prefer moisture-resistant solutions for wet zones to reduce maintenance and improve longevity.
• Fire-resistant plasterboard: Fire-resistant types represent nearly 28% of total plasterboard consumption, especially in high-rise buildings and hospitals. Around 48% of institutional construction projects mandate fire-rated plasterboards to comply with stringent fire safety codes.
• Insulated plasterboard: Insulated plasterboard contributes to nearly 15% of overall demand, primarily due to energy efficiency needs. Over 32% of new residential constructions utilize insulated plasterboard for better indoor temperature control and reduced HVAC energy use.

By Application

• Residential: The residential sector commands over 55% of total market share, with plasterboard being the preferred choice for interior partition walls and ceilings. More than 60% of newly constructed homes incorporate at least one specialized plasterboard variant, especially moisture- or fire-resistant panels.
• Commercial: Commercial usage holds nearly 30% of the market, where plasterboard is chosen for conference halls, retail outlets, and office partitions. Approximately 42% of commercial developers prioritize acoustic and fire-rated plasterboard for compliance and comfort.
• Others: Industrial, institutional, and public sector projects account for the remaining 15% of the market. About 38% of infrastructure developments such as airports, healthcare facilities, and schools incorporate high-performance plasterboard types, focusing on safety and longevity.

Regional Outlook

The plasterboard market exhibits strong regional variations, with Asia-Pacific taking the lead in volume, driven by rapid construction in urban and rural areas. North America follows with a robust demand pattern shaped by green building regulations and energy codes. Europe emphasizes sustainability and fire safety, contributing to diverse product demand. The Middle East & Africa region is also emerging due to smart city initiatives and infrastructure modernization. Regional preferences are highly influenced by climatic conditions, building codes, and urbanization trends, with each region contributing distinctively to the global plasterboard landscape. The product mix also varies, with Asia-Pacific favoring basic gypsum boards, while North America and Europe show preference for advanced variants.

North America

North America holds a significant portion of the global plasterboard market, with over 26% share. More than 48% of buildings constructed in urban U.S. cities use fire-resistant plasterboard. Acoustic plasterboard adoption is strong, with about 33% of commercial real estate projects requiring soundproofing solutions. Additionally, over 36% of home renovations utilize moisture-resistant plasterboard due to local climate variations and insulation standards. Regulatory frameworks such as LEED certifications are driving the preference for insulated and recyclable materials in over 40% of new construction projects.

Europe

Europe accounts for around 28% of global market share, dominated by countries with advanced sustainability and safety standards. Over 50% of construction firms in Germany, France, and the UK prefer fire-resistant and insulated plasterboard for both residential and commercial use. Approximately 41% of new housing units in Western Europe are built using eco-certified plasterboard materials. Furthermore, energy efficiency concerns have led to increased demand for insulated variants, now used in nearly 37% of buildings meeting net-zero emission standards.

Asia-Pacific

Asia-Pacific leads with over 42% of the plasterboard market share, largely driven by urban infrastructure projects across China, India, and Southeast Asia. More than 54% of multi-story buildings under construction incorporate plasterboard as a lightweight and affordable interior solution. Government housing initiatives are responsible for around 35% of regional demand. The use of moisture-resistant boards is particularly high, covering 38% of total residential interiors. Rising disposable income and expanding middle-class populations have also contributed to a 44% increase in adoption for home improvement and remodeling applications.

Middle East & Africa

Middle East & Africa account for approximately 8% of the global plasterboard market. Around 31% of ongoing commercial infrastructure projects in the GCC countries rely on fire-rated plasterboard. Moisture-resistant and acoustic plasterboards are being utilized in about 27% of hotel and institutional constructions. Government-led urbanization plans, particularly in Saudi Arabia and South Africa, are driving demand, with 25% of residential expansion projects integrating modern drywall systems. The growth is further supported by a 22% increase in demand for sustainable and easy-to-install building materials across urban settlements.

List of Key Plasterboard Market Companies Profiled

Investment Analysis and Opportunities

The plasterboard market presents strong investment potential driven by global construction trends and the transition toward sustainable materials. More than 62% of institutional investors are focusing on infrastructure projects using recyclable and fire-resistant plasterboards. Governments and private developers are investing in residential housing schemes, which account for over 55% of plasterboard consumption globally. Emerging markets such as Southeast Asia and Africa are projected to witness a 30% surge in plasterboard adoption due to rapid urban expansion and public housing development. Additionally, over 40% of new commercial spaces under development in metropolitan regions are incorporating acoustic plasterboard for energy efficiency and comfort. Around 29% of manufacturers are channeling investments into automation technologies for drywall production to boost supply efficiency. Investment in R&D to develop lighter and moisture-resistant materials is expected to influence more than 22% of the future production pipeline. Plasterboard recycling plants are also seeing increased funding, with over 17% of manufacturers focusing on closed-loop systems for sustainable operations.

New Products Development

Innovation in plasterboard manufacturing is reshaping the market, with over 36% of producers introducing next-generation solutions focused on acoustic performance, fire safety, and environmental resilience. Approximately 27% of companies are launching high-durability plasterboards designed for healthcare and industrial settings. Fire-rated and mold-resistant products are being introduced in response to growing concerns over safety and indoor air quality. Over 32% of product development efforts are geared towards moisture-resistant and laminated solutions for high-humidity regions. Hybrid plasterboards embedded with insulation layers are gaining ground, now forming 21% of product releases in energy-efficient construction. Manufacturers are also deploying antimicrobial surface coatings on plasterboards, with over 14% of hospitals and schools opting for these variants. Prefinished and decorative panels are seeing increased demand, especially in the interior design segment, making up 18% of new product launches. With automation and digital design, more than 25% of the plasterboard innovation pipeline is now focused on customizable and ready-to-install systems.

Recent Developments

• Saint-Gobain launched high-performance lightweight boards: In 2023, Saint-Gobain introduced a new line of lightweight plasterboards tailored for high-rise construction. These boards reduce structural load by nearly 38%, making them ideal for buildings in seismic zones. Over 24% of architects working on urban projects showed preference for this new lightweight solution, aiming to improve installation speed and reduce labor intensity.
• USG Corporation introduced mold-resistant plasterboards: In early 2024, USG Corporation expanded its product range with advanced mold-resistant boards. These are now being adopted in over 28% of healthcare and educational facility projects, where air quality and hygiene are critical. The boards use a dual-layer coating technology and have improved resistance by 33% over previous models.
• Boral Ltd. expanded its manufacturing facility in Asia: In 2023, Boral Ltd. invested in expanding its manufacturing facility in Southeast Asia, increasing its production output by over 30%. This expansion supports the rising demand in emerging economies and helps fulfill more than 18% of regional plasterboard supply needs with a focus on moisture-resistant variants.
• KNAUF Gips KG developed insulated acoustic boards: In late 2023, KNAUF Gips KG unveiled an innovative range of insulated acoustic plasterboards aimed at commercial buildings. These products combine soundproofing and thermal insulation, now being used in 26% of newly designed office spaces. The company reported a 21% rise in orders for this category within three months of launch.
• LafargeHolcim unveiled recyclable board technology: In 2024, LafargeHolcim launched a plasterboard made with 75% recyclable content, aligning with green building codes. This product is contributing to over 20% of LEED-certified project requirements and has sparked interest among contractors aiming to meet carbon reduction goals in construction. The new board type also supports faster deconstruction and reusability in modular setups.

Report Coverage

The plasterboard market report provides comprehensive insights into evolving trends, regional dynamics, competitive benchmarking, and innovation activities. Covering over 11 major companies, the report evaluates strategies deployed by market leaders representing more than 60% of the total share. It includes segmentation by type and application, identifying demand trends across acoustic, fire-resistant, moisture-resistant, and insulated boards. Application-wise, residential accounts for nearly 55% of usage, with commercial making up about 30%. Regionally, Asia-Pacific dominates with over 42% share, followed by Europe and North America contributing 28% and 26% respectively. The report details investment patterns, highlighting over 32% focus on automation and 25% on sustainability-driven innovation. It captures supply chain shifts, where more than 30% of manufacturers are investing in local production to reduce dependency. Furthermore, product development data shows that 27% of launches are focused on healthcare and moisture-prone areas. The analysis also tracks new technology adoption, where 36% of companies are integrating smart building-compatible plasterboard systems.