PUBLISHER: IMARC | PRODUCT CODE: 1754186
PUBLISHER: IMARC | PRODUCT CODE: 1754186
The GCC gypsum board market size reached USD 1,715.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,558.2 Million by 2033, exhibiting a growth rate (CAGR) of 4.31% during 2025-2033. The increasing construction and infrastructure development in the region, the implementation of favorable government initiatives, and the demand for visually appealing interiors in residential and commercial buildings represent some of the key factors driving the market.
Gypsum board, also known as drywall, plasterboard, or wallboard, is a widely used construction material for interior walls, ceilings, and partitions. It is made primarily from gypsum, a mineral that is found in nature as a soft and white rock. The core is made by grinding and calcining natural gypsum, which is then mixed with additives such as starch, foaming agents, and accelerators to improve its properties. There are different types of gypsum boards designed for specific applications. Some common types include standard gypsum board, moisture-resistant board, fire-resistant board, impact-resistant board, and soundproof board. Gypsum boards are relatively lightweight and easy to install and offer inherent fire resistance due to the presence of water molecules within the gypsum core. They also provide a smooth and even surface that can be easily finished with paint, wallpaper, or other decorative materials. As a result, gypsum boards are widely used in residential, commercial, and industrial construction projects as a preferred choice for creating interior walls, ceilings, and partitions.
The market is primarily driven by the increasing construction and infrastructure development across GCC countries. Gypsum boards are widely used in construction projects for interior walls, ceilings, partitions, and other applications. In addition, governments in the GCC region are introducing various initiatives and investment plans to promote infrastructure development, affordable housing, and tourism. These initiatives often involve the construction of residential, commercial, and industrial buildings, creating a significant demand for gypsum boards. Besides this, the growing emphasis on sustainable construction practices is also contributing to market growth. Gypsum boards offer several eco-friendly benefits such as low carbon emissions, recyclability, and energy efficiency. Moreover, the escalating demand for visually appealing interiors in residential and commercial buildings is escalating the demand for gypsum boards as they provide flexibility in design, allowing architects and interior designers to create various shapes, patterns, and textures. Furthermore, the GCC region has witnessed a surge in renovation and remodeling projects, particularly in the residential sector. Gypsum boards are widely used for renovating interiors, such as partition walls, false ceilings, and decorative elements. This, coupled with the rising disposable incomes of individuals, are creating a favorable market outlook.