Gypsum Board Market Report and Forecast 2020-2025

The global Gypsum Board Market size was estimated at USD 40.87 billion in 2019 and is expected to expand at a CAGR of 11.9% in terms of revenue, from 2020 to 2027. Growing demand from the residential construction sector coupled with increasing consumer spending on advanced construction materials is expected to drive growth. Accelerating the growth of the construction industry across the major economies, such as China, India, Brazil, Mexico, South Africa, and Russia is expected to support market growth. In addition, growing innovative construction applications of gypsum boards are likely to provide growth opportunities.