Gypsum board is a lightweight and adaptable building material used in walls, ceilings, and partitions. It is made by mixing gypsum, water, and additives to form a semi-liquid mixture that crystallizes over time, resulting in a rock-like material. This material is popular in the construction industry because it can be easily applied to walls without a beam structure.
The Gypsum Board Market is predicted to experience substantial growth in the upcoming years due to rising awareness about the fire-resistant and thermally resistant properties of gypsum boards. The construction industry is expected to reach $17.5 trillion by 2030, driving the growth of the gypsum board market. Increased disposable income, home refurbishment activities, and improved living standards are also expected to contribute to market growth. However, the limited shelf life of gypsum boards and storage restrictions may restrain market growth.
Major Players in the Gypsum Board Industry:
- Saint-Gobain
Saint-Gobain was established in 1665 and is headquartered in Courbevoie, France. It operates in 75 countries and is engaged in various industries, including health, energy, metallurgy, non-metal raw materials, mineral extraction, chemicals, petrochemicals, and semi-conductors. In 2023, Saint-Gobain announced a capacity expansion of its Yangzhou, Jiangsu, gypsum wallboard plant in mid-late 2023.
- Knauf
Knauf was founded in 1932 in Schengen, Luxembourg, and is headquartered in Iphofen, Germany. It operates in over 90 countries and is engaged in manufacturing drywall gypsum boards, modern insulation materials, drylining systems, plasters and accessories, thermal insulation composite systems, paints, floor screed, floor systems, and construction equipment and tools. In 2023, Knauf announced its plan to open a new gypsum wallboard plant.
- Gypsemna
Gypsemna was established in 2007 and is headquartered in Dubai, United Arab Emirates. It is engaged in manufacturing gypsum plasterboards and drywall systems. In 2022, Gypsemna announced the addition of a new gypsum wallboard systems line at its 50 Mm2/yr Musaffah gypsum wallboard plant.
- Georgia-Pacific Gypsum LLC
Georgia-Pacific Gypsum LLC was established in 2006 and is headquartered in Atlanta, Georgia, U.S. It operates in the United States and Canada and is engaged in manufacturing gypsum panels, drywall, roof boards, sheathing, shaft lining, tile backers, joint treatment systems, and boards. In 2020, Georgia-Pacific Gypsum LLC announced its plan to build a cutting-edge gypsum wallboard production facility near Sweetwater, Texas.
- United Mining Industries
United Mining Industries was established in 2007 and is headquartered in Yanbu Al-Bahar, Al Madinah, Saudi Arabia. It operates in 75 countries and is engaged in offering gypsum boards and gypsum powder.
- Taishan Gypsum Co., Ltd.
Taishan Gypsum Co., Ltd. was established in 1971 and is headquartered in China. It operates in 56 countries and is engaged in manufacturing gypsum board, plaster board, decorative gypsum board, light steel keel, and related accessories.
- Yoshino Gypsum Co., Ltd.
Yoshino Gypsum Co., Ltd., was established in 1901 and is headquartered in Tokyo, Japan. It is engaged in manufacturing gypsum boards, construction, fireproof, and sound insulation products.
- Arcat, Inc.
Arcat, Inc. was established in 1991 and is headquartered in Fairfield, Connecticut, United States. It is engaged in providing information on building materials for architects, spec writers, engineers, and contractors.
Definition: Gypsum board is a type of building material made of gypsum plaster sandwiched between layers of paper or fiberglass matting.
