Gypsum Board

The global gypsum board market is set to increase by US$ 4.7 billion from 2023 to 2028, representing a compound annual growth rate (CAGR) of 4.8% during the forecast period. The growth in the market is due to the increasing demand for eco-friendly and cost-effective construction materials, as well as the growing construction industry in developing countries. Gypsum board is an attractive option for builders and architects due to its fire resistance, durability, and ease of installation.