Top 10 Leading Companies in the Global Gypsum Board Market 2024 2025

Published Date : 2024-Dec-29

The global gypsum board market is experiencing significant growth, driven by rising construction activities, urbanization, and the increasing demand for sustainable building materials.

This blog highlights the top 10 companies dominating the gypsum board industry in 2024, providing details on their operations, regional presence, key statistics and name Saint-Gobain USG Corporation, Knauf Gips, Etex Group, National Gypsum Company, Georgia-Pacific, BNBM Group, Yoshino Gypsum, Gyptec Ibérica and American Gypsum.


Market Overview:

Gypsum Board Market Size, Share & Trends Analysis Report By Product (Wallboard, Ceiling Board, Pre-decorated Board, Others), By Application (Pre-engineered Metal Buildings, Residential, Industrial, Commercial, Institutional) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) - Forecast (2024-2031).

The gypsum board market was valued at approximately USD 55.91 billion in 2023. During the forecast period from 2024 to 2031, the market is projected to grow at a compound annual growth rate (CAGR) of 12.7%, reaching a value of USD 137.89 billion by 2031.

 

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Top 10 Leading Companies In The Market

Saint-Gobain

Saint-Gobain is a global leader in sustainable construction and high-performance materials, with a rich history spanning over three centuries. Renowned for its innovative building solutions, Saint-Gobain dominates the gypsum board market through its Gyproc brand, offering cutting-edge products tailored to meet the needs of modern construction.

The company is a cornerstone of the global gypsum board market, driving innovation, sustainability, and performance. With its expansive product portfolio and commitment to green building solutions, the company continues to lead the industry into a more sustainable and efficient future.

  • Headquarters: Courbevoie, France
  • Founded: 1665
  • Employees: 167,000+
  • Revenue (2023): $57.8 billion
  • Regional Analysis: A global leader with operations in Europe, North America, and Asia-Pacific, Saint-Gobain dominates the gypsum board market with its innovative solutions under the Gyproc brand.

 

USG Corporation

USG Corporation is a leading manufacturer of building materials, specializing in gypsum boards, ceiling systems, and related products. Known for its iconic Sheetrock® Brand, USG has been at the forefront of innovation in the construction industry for over a century, providing sustainable and high-quality solutions for residential, commercial, and industrial projects.

The company remains a dominant force in the gypsum board industry, combining over a century of expertise with modern innovation. Its flagship Sheetrock® Brand and commitment to sustainability make it a trusted partner for builders worldwide. Backed by Knauf’s resources, USG is poised to expand its leadership in the global market for years to come.

  • Headquarters: Chicago, Illinois, USA
  • Founded: 1902
  • Employees: 6,800
  • Revenue (2023): $4.2 billion
  • Regional Analysis: A major player in North America, USG is renowned for its Sheetrock® Brand and expanding its influence in Latin America and the Middle East.

 

Knauf Gips KG

Knauf Gips KG is a global leader in the manufacturing of building materials and systems, with a strong presence in the gypsum board market. Known for its comprehensive portfolio of high-performance products, Knauf caters to residential, commercial, and industrial construction needs, emphasizing sustainability and innovation.

The company is a pioneer in the global gypsum board market, combining innovation, quality, and sustainability to deliver solutions that meet the evolving needs of the construction industry. Its expansive reach and comprehensive product portfolio position Knauf as a trusted partner for builders worldwide, ensuring its continued growth and influence in the market.

  • Headquarters: Iphofen, Germany
  • Founded: 1932
  • Employees: 40,000+
  • Revenue (2023): $15 billion
  • Regional Analysis: With a stronghold in Europe, Knauf is expanding in Asia and Africa, offering premium gypsum boards, ceiling tiles, and related systems.

 

Etex Group

Etex Group is a multinational manufacturer specializing in lightweight building materials, with a strong presence in the gypsum board market. Known for its innovative and sustainable solutions, Etex caters to residential, commercial, and industrial construction projects globally through its trusted brands like Siniat and Promat.

The company’s commitment to innovation, sustainability, and lightweight construction solutions positions it as a leader in the global gypsum board market. With its strong regional presence and diverse product portfolio, Etex continues to drive progress in the construction industry, meeting the needs of modern building challenges while adhering to sustainable practices.

  • Headquarters: Zaventem, Belgium
  • Founded: 1905
  • Employees: 13,500
  • Revenue (2023): $3.8 billion
  • Regional Analysis: Etex operates in over 42 countries, focusing on sustainable gypsum boards under its Siniat and Promat brands.

 

National Gypsum Company

National Gypsum Company is a leading manufacturer of gypsum boards and related products, known for its innovation, quality, and customer focus. With its flagship Gold Bond® brand, National Gypsum is a key player in the North American construction industry, offering a comprehensive range of drywall and finishing solutions.

The company is a cornerstone of the North American gypsum board market, providing innovative and sustainable solutions for the construction industry. With its trusted brands, commitment to quality, and focus on sustainability, National Gypsum continues to shape the future of modern building materials.

  • Headquarters: Charlotte, North Carolina, USA
  • Founded: 1925
  • Employees: 2,200
  • Revenue (2023): $2.2 billion
  • Regional Analysis: Primarily serving North America, National Gypsum’s Gold Bond® gypsum boards are a staple in the construction industry.

 

Georgia-Pacific LLC

Georgia-Pacific LLC is a leading manufacturer and marketer of building products, paper, packaging, and related chemicals. Known for its innovative DensGlass® brand, the company plays a significant role in the global gypsum board market, offering high-performance products for residential, commercial, and industrial construction.

The company is a leader in the gypsum board market, renowned for its innovative products like DensGlass® and ToughRock®. With a focus on quality, performance, and sustainability, the company continues to meet the evolving demands of modern construction while expanding its influence in global markets.

  • Headquarters: Atlanta, Georgia, USA
  • Founded: 1927
  • Employees: 30,000
  • Revenue (2023): $20 billion
  • Regional Analysis: Georgia-Pacific offers a range of drywall and gypsum boards under its DensGlass brand, with significant presence in North America and Europe.

 

BNBM Group (Beijing New Building Materials)

BNBM Group is a leading manufacturer of gypsum boards and other building materials in China and a major player in the global construction industry. As a subsidiary of the China National Building Material (CNBM) Group, BNBM is renowned for its high-quality, innovative, and sustainable products that meet the demands of modern construction.

BNBM is a leader in the gypsum board industry, combining advanced technology, sustainability, and innovation to meet the needs of modern construction. With its strong market presence in China and growing influence internationally, BNBM is poised to continue shaping the future of the global construction materials industry.

  • Headquarters: Beijing, China
  • Founded: 1979
  • Employees: 6,500
  • Revenue (2023): $3 billion
  • Regional Analysis: Dominates the Chinese market and is expanding into Asia-Pacific, offering competitive gypsum board solutions for residential and commercial construction.

 

Yoshino Gypsum Co., Ltd.

Yoshino Gypsum is a leading Japanese manufacturer of gypsum boards and related construction materials. With over eight decades of expertise, Yoshino Gypsum has become synonymous with high-quality building solutions in Japan and is steadily expanding its influence in international markets.

The company has cemented its reputation as a trusted name in the gypsum board industry. With a focus on quality, sustainability, and innovation, the company continues to lead the market in Japan while exploring opportunities for global expansion. Its commitment to eco-friendly practices and cutting-edge solutions ensures its relevance in the evolving construction landscape.

  • Headquarters: Tokyo, Japan
  • Founded: 1937
  • Employees: 3,200
  • Revenue (2023): $1.9 billion
  • Regional Analysis: A leader in the Japanese market, Yoshino Gypsum is known for its advanced technology and high-quality gypsum boards.

 

Gyptec Ibérica

Gyptec Ibérica is a prominent European manufacturer of gypsum boards, offering high-quality and eco-friendly solutions tailored to the needs of modern construction. Based in Portugal, the company is known for its commitment to sustainability and innovation, making it a trusted name in the gypsum board market across Southern Europe.

The company is a standout in the gypsum board industry, particularly in Southern Europe, thanks to its focus on quality, sustainability, and innovation. With its commitment to circular economy principles and energy-efficient products, the company is well-positioned to meet the demands of modern construction while contributing to a greener future.

  • Headquarters: Portugal
  • Founded: 1996
  • Employees: 400
  • Revenue (2023): $150 million
  • Regional Analysis: A key player in Southern Europe, Gyptec specializes in lightweight and eco-friendly gypsum boards.

 

American Gypsum

American Gypsum is a leading U.S.-based manufacturer of gypsum boards, offering high-quality and cost-effective building materials for residential, commercial, and industrial construction. Known for its customer-centric approach and durable products, the company has become a trusted name in the North American construction industry.

The company is a leading name in the gypsum board industry, known for its durable, cost-effective, and sustainable building solutions. With a focus on customer satisfaction and environmentally friendly practices, the company continues to play a vital role in shaping the future of construction materials in North America and beyond.

  • Headquarters: Dallas, Texas, USA
  • Founded: 1965
  • Employees: 800
  • Revenue (2023): $750 million
  • Regional Analysis: A strong regional presence in the U.S., offering high-quality gypsum boards for residential, commercial, and industrial applications.

 

Regional Market Analysis

North America:
  • Dominated by USG Corporation, National Gypsum, and Georgia-Pacific, with rising demand for sustainable and fire-resistant gypsum boards in residential and commercial construction.
Europe:
  • Led by Saint-Gobain, Knauf, and Etex, Europe is seeing growth due to green building initiatives and government regulations on energy efficiency.
Asia-Pacific:
  • China and India are the largest markets, driven by rapid urbanization and infrastructure development. Companies like BNBM Group and Yoshino Gypsum lead the region.
Middle East & Africa:
  • A growing market due to increased investment in infrastructure projects and lightweight building materials.
Latin America:
  • Emerging markets with high potential, particularly for companies like USG and Etex, offering cost-effective and durable solutions.

The global gypsum board market continues to expand, fueled by construction growth and sustainability trends. These leading companies drive innovation, offer sustainable solutions, and capture regional markets, solidifying their positions as industry leaders in 2024.

 

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