The global gypsum board market, valued at $15,720 million in 2025, is projected to experience steady growth, driven by the robust construction and renovation sectors globally. A compound annual growth rate (CAGR) of 3.0% from 2025 to 2033 indicates a consistent expansion, fueled by increasing urbanization and infrastructure development, particularly in emerging economies. Demand is further boosted by the material's versatility, its use in both residential and commercial buildings, and its inherent fire-resistant and sound-dampening properties. While challenges such as fluctuating raw material prices and environmental concerns related to gypsum mining exist, technological advancements in manufacturing processes and the development of sustainable alternatives are mitigating these risks. Key players like BNBM, Saint-Gobain, Etex Corp, Knauf, USG, National Gypsum, Boral, Yoshino, Baier, and Jason are actively shaping market dynamics through product innovation and strategic expansions.