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India Gypsum Board Market

ID: MRFR/PCM/55425-HCR
200 Pages
Varsha More
October 2025

India Gypsum Board Market Research Report By Application (residential, institutional, commercial, others), By Product (gypsum wallboard, gypsum ceiling board), and By Type (Regular Gypsum Board, Type X Gypsum Board)- Forecast to 2035

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India Gypsum Board Market Summary

As per MRFR analysis, the gypsum board market size was estimated at 1.65 USD Million in 2024.. The gypsum board market is projected to grow from 1.79 USD Million in 2025 to 4.05 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 8.51% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India gypsum board market is experiencing robust growth driven by sustainability and urbanization.

  • The largest segment in the India gypsum board market is the residential construction sector, which is currently expanding rapidly.
  • Technological advancements in manufacturing processes are enhancing the quality and efficiency of gypsum board production.
  • Urbanization and infrastructure development are significantly contributing to the increasing demand for gypsum boards across various applications.
  • Rising construction activities and a shift towards eco-friendly materials are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 1.65 (USD Million)
2035 Market Size 4.05 (USD Million)

Major Players

Saint-Gobain (FR), USG Corporation (US), Knauf (DE), Georgia-Pacific (US), Etex Group (BE), National Gypsum Company (US), CertainTeed (US), Boral Limited (AU), Armstrong World Industries (US)

India Gypsum Board Market Trends

The gypsum board market is currently experiencing a notable transformation. This change is driven by various factors, including urbanization, construction activities, and a growing emphasis on sustainable building materials. As urban areas expand, the demand for efficient and cost-effective construction solutions rises. Gypsum boards, known for their lightweight properties and ease of installation, are increasingly favored in residential and commercial projects. Furthermore, the focus on energy efficiency and eco-friendly materials is prompting builders to adopt gypsum boards, which offer excellent insulation and fire-resistant qualities. This shift towards sustainable practices is likely to shape the future of the market, as stakeholders seek to align with environmental regulations and consumer preferences. In addition, the gypsum board market is witnessing innovations in product offerings, with manufacturers introducing specialized boards designed for specific applications. These innovations include moisture-resistant boards for humid environments and soundproof boards for enhanced acoustic performance. Such advancements not only cater to diverse consumer needs but also enhance the overall functionality of gypsum boards in various settings. As the market evolves, it appears that the integration of technology and sustainability will play a crucial role in shaping the competitive landscape, potentially leading to increased market penetration and growth opportunities.

Sustainability Initiatives

The emphasis on eco-friendly construction practices is becoming increasingly prominent within the gypsum board market. Manufacturers are focusing on eco-friendly production methods and materials, which align with regulatory standards and consumer preferences for green building solutions. This trend is likely to drive innovation and the development of new products that meet sustainability criteria.

Technological Advancements

Technological innovations are reshaping the gypsum board market, with manufacturers investing in advanced production techniques. These advancements enhance product quality, reduce waste, and improve efficiency in manufacturing processes. As a result, the market may see a rise in high-performance boards that cater to specific construction needs.

Urbanization and Infrastructure Development

Rapid urbanization and ongoing infrastructure projects are significantly influencing the gypsum board market. The increasing demand for residential and commercial spaces is driving the need for efficient building materials. Gypsum boards, with their lightweight and versatile characteristics, are well-positioned to meet the requirements of modern construction.

India Gypsum Board Market Drivers

Rising Construction Activities

The gypsum board market in India is experiencing a notable surge due to the increasing construction activities across various sectors. The government's focus on infrastructure development, including housing, commercial spaces, and industrial projects, is driving demand for gypsum boards. In 2025, the construction sector is projected to grow at a CAGR of approximately 8%, which directly influences the gypsum board market. As builders and contractors seek lightweight, cost-effective, and versatile materials, gypsum boards are becoming the preferred choice. This trend is further supported by the growing middle-class population, which is leading to a rise in residential construction. Consequently, the gypsum board market is likely to benefit from this construction boom, as it aligns with the evolving needs of modern architecture and design.

Increased Awareness of Fire Safety

Fire safety regulations are becoming increasingly stringent in India, prompting a shift in the construction materials used in buildings. Gypsum boards are recognized for their fire-resistant properties, making them a favorable option in the gypsum board market. As urban areas expand and high-rise buildings become more common, the demand for materials that comply with fire safety standards is on the rise. In 2025, it is estimated that the fire safety segment within the construction industry will grow by around 12%, further boosting the gypsum board market. Builders and architects are increasingly prioritizing materials that enhance safety, which positions gypsum boards as a critical component in modern construction practices. This heightened awareness of fire safety is likely to drive innovation and product development within the gypsum board market.

Government Initiatives and Policies

Government initiatives aimed at boosting the construction sector are playing a pivotal role in shaping the gypsum board market in India. Policies promoting affordable housing and urban development are creating a favorable environment for the growth of the gypsum board market. In 2025, it is projected that government spending on infrastructure will increase by approximately 10%, which will directly benefit the construction industry. This influx of investment is likely to lead to a higher demand for gypsum boards, as they are essential for modern building practices. Additionally, government incentives for using sustainable materials may further enhance the attractiveness of gypsum boards, positioning them as a key player in the evolving construction landscape.

Shift Towards Eco-Friendly Materials

The growing emphasis on sustainability in construction is influencing the gypsum board market in India. As environmental concerns rise, builders and consumers are increasingly seeking eco-friendly materials. Gypsum boards, often made from natural gypsum, are recyclable and have a lower environmental impact compared to traditional materials. In 2025, the market for sustainable building materials is expected to expand by approximately 15%, indicating a strong shift towards eco-conscious choices. This trend is likely to encourage manufacturers to innovate and develop greener products, thereby enhancing the appeal of gypsum boards. The gypsum board market is poised to benefit from this shift, as it aligns with the broader goals of reducing carbon footprints and promoting sustainable construction practices.

Technological Innovations in Manufacturing

Technological advancements in the manufacturing processes of gypsum boards are significantly impacting the market in India. Innovations such as automated production lines and improved quality control measures are enhancing the efficiency and consistency of gypsum board production. In 2025, it is anticipated that the adoption of advanced manufacturing technologies will increase by around 20%, leading to higher output and reduced costs. These innovations not only improve product quality but also enable manufacturers to meet the growing demand for customized solutions in the gypsum board market. As competition intensifies, companies that leverage technology are likely to gain a competitive edge, further driving growth in the market.

Market Segment Insights

India Gypsum Board Market Segment Insights

India Gypsum Board Market Segment Insights

Gypsum Board Market Application Insights

Gypsum Board Market Application Insights

The Application segment of the India Gypsum Board Market plays a vital role in shaping the industry landscape as it caters to diverse construction needs across various sectors. This segment encompasses categories such as residential, institutional, commercial, and others, each contributing uniquely to market dynamics.

The residential sector showcases a growing demand for gypsum boards owing to an increase in urbanization and the rise of modern living spaces, highlighting consumer preferences for lightweight and sustainable building materials. This trend is driven by evolving lifestyles and the doubling population in urban areas, prompting developers to adopt efficient drywall solutions.

On the institutional front, educational and healthcare facilities increasingly use gypsum boards for their sound insulation properties and fire resistance, which is essential for safety and comfort in schools and hospitals. The demand in this sector is fueled by government initiatives aimed at improving infrastructure and expanding accessibility to educational and healthcare institutions across the country.

Commercial applications, encompassing office spaces, retail establishments, and hospitality sectors, further emphasize the versatility of gypsum boards. They are favored for their aesthetic appeal, ease of installation, and adaptability to various designs, creating attractive environments for both employees and customers.

Gypsum Board Market Product Insights

Gypsum Board Market Product Insights

The India Gypsum Board Market has been gaining momentum, driven by the growing construction sector and the increasing demand for energy-efficient and sustainable building materials. This market segmentation consists of key products, primarily gypsum wallboard and gypsum ceiling board, both playing a crucial role in meeting the evolving needs of modern construction.

Gypsum wallboard has become a popular choice for interior walls due to its lightweight nature, ease of installation, and superior fire resistance, which aligns with India's stringent safety regulations.

Conversely, gypsum ceiling boards are equally vital, as they enhance aesthetic appeal and acoustics in residential and commercial spaces, supporting the ongoing trend of creating functional and stylish interiors.

Factors such as rapid urbanization, rising disposable incomes, and government initiatives promoting green building practices significantly contribute to the growth of these product categories within the India Gypsum Board Market.

Gypsum Board Market Type Insights

Gypsum Board Market Type Insights

The India Gypsum Board Market, particularly in the Type segment, presents a diverse landscape characterized mainly by Regular Gypsum Board and Type X Gypsum Board. Regular Gypsum Board, known for its versatility and ease of installation, appeals to a wide range of applications including residential and commercial buildings.

Its significant contribution to the construction industry in India can be attributed to government initiatives promoting sustainable building practices and rapid urbanization. On the other hand, Type X Gypsum Board, designed for enhanced fire resistance, is becoming increasingly vital in constructions that require stringent safety standards.

This board type finds prominence in sectors such as commercial spaces and high-rise buildings, where fire safety regulations must be adhered to. As the country witnesses rising construction activity fueled by urban development projects, the demand for these gypsum boards continues to grow, reinforcing their importance within the India Gypsum Board Market segmentation.

Overall, the increased focus on infrastructural development and building safety standards in India unlocks extensive opportunities for growth in both types of gypsum boards, contributing significantly to the overall market dynamics.

Get more detailed insights about India Gypsum Board Market

Key Players and Competitive Insights

The gypsum board market in India is characterized by a competitive landscape that is increasingly shaped by innovation, sustainability, and strategic partnerships. Key players such as Saint-Gobain (FR), USG Corporation (US), and Knauf (DE) are actively pursuing strategies that emphasize product differentiation and regional expansion. Saint-Gobain (FR), for instance, focuses on sustainable building solutions, which aligns with the growing demand for eco-friendly construction materials. This strategic positioning not only enhances their market presence but also contributes to the overall competitive dynamics by setting higher standards for product offerings.

In terms of business tactics, companies are localizing manufacturing to reduce costs and improve supply chain efficiency. The market structure appears moderately fragmented, with several players vying for market share. However, the influence of major companies like Georgia-Pacific (US) and Etex Group (BE) is notable, as they leverage their extensive distribution networks and brand recognition to maintain competitive advantages. This collective presence of key players fosters a dynamic environment where innovation and operational excellence are paramount.

In October 2025, USG Corporation (US) announced the launch of a new line of lightweight gypsum boards designed for enhanced fire resistance. This strategic move is significant as it addresses the increasing regulatory demands for safety in construction, thereby positioning USG as a leader in compliance-driven innovation. The introduction of such products not only meets market needs but also reinforces USG's commitment to quality and safety, potentially increasing their market share.

Similarly, in September 2025, Knauf (DE) expanded its manufacturing capabilities in India by investing in a new production facility. This expansion is crucial as it allows Knauf to cater to the rising demand for gypsum boards in the region, while also optimizing logistics and reducing lead times. Such investments indicate a long-term commitment to the Indian market, enhancing Knauf's competitive positioning against local and international rivals.

In August 2025, Georgia-Pacific (US) entered into a strategic partnership with a local construction firm to promote sustainable building practices. This collaboration is indicative of a broader trend where companies are aligning with local stakeholders to enhance their market reach and credibility. By focusing on sustainability, Georgia-Pacific not only differentiates itself but also contributes to the evolving standards of the industry, which increasingly prioritize environmental considerations.

As of November 2025, the competitive trends in the gypsum board market are heavily influenced by digitalization, sustainability, and the integration of advanced technologies. Companies are increasingly forming strategic alliances to enhance their capabilities and market reach. The shift from price-based competition to a focus on innovation and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to adapt to these trends. As the market evolves, the emphasis on technological advancements and sustainable practices will likely redefine the competitive landscape.

Key Companies in the India Gypsum Board Market market include

Industry Developments

The India Gypsum Board Market has witnessed significant developments recently, particularly with companies such as Saint-Gobain Gyproc India and Hindalco Industries increasing their production capacities to meet the rising demand in the construction sector.

Notably, in August 2023, GYPSEM announced the launch of its innovative range of moisture-resistant gypsum boards, responding to the growing need for sustainable building materials. The market has been expanding due to the government's emphasis on infrastructure projects, with major investments recorded in affordable housing as part of the Pradhan Mantri Awas Yojana.

In terms of mergers and acquisitions, there have been no major deals reported in the past few months among the specified companies, but the competitive landscape remains active with strategic partnerships likely on the horizon.

The overall market valuation of the gypsum board sector in India continues to grow as companies like KNAUF and Boral Limited enhance their operational capabilities to cater to the anticipated surge in demand. Furthermore, the ongoing rise in construction activities across metropolitan cities in India has positively impacted the procurement and installation of gypsum boards as preferred interior construction solutions.

Future Outlook

India Gypsum Board Market Future Outlook

The gypsum board market in India is projected to grow at 8.51% CAGR from 2024 to 2035, driven by urbanization, construction demand, and sustainability trends.

New opportunities lie in:

  • Expansion of lightweight gypsum board products for residential applications.
  • Development of eco-friendly gypsum boards using recycled materials.
  • Investment in automated production technologies to enhance efficiency and reduce costs.

By 2035, the gypsum board market is expected to achieve substantial growth, driven by innovation and increased demand.

Market Segmentation

India Gypsum Board Market Type Outlook

  • Type X
  • Standard
  • Others

India Gypsum Board Market Product Outlook

  • Wallboard
  • Pre-decorated
  • Ceiling
  • Others

India Gypsum Board Market Application Outlook

  • Residential
  • Commercial
  • Institutional
  • Others

Report Scope

MARKET SIZE 20241.65(USD Million)
MARKET SIZE 20251.79(USD Million)
MARKET SIZE 20354.05(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)8.51% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies Profiled["Saint-Gobain (FR)", "USG Corporation (US)", "Knauf (DE)", "Georgia-Pacific (US)", "Etex Group (BE)", "National Gypsum Company (US)", "CertainTeed (US)", "Boral Limited (AU)", "Armstrong World Industries (US)"]
Segments CoveredType, Application, Product
Key Market OpportunitiesGrowing demand for sustainable building materials drives innovation in the gypsum board market.
Key Market DynamicsRising demand for sustainable building materials drives innovation in the gypsum board market.
Countries CoveredIndia

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FAQs

What is the expected market size of the India Gypsum Board Market in 2024?

The India Gypsum Board Market is expected to be valued at 5.85 USD Billion in 2024.

What is the projected market size of the India Gypsum Board Market by 2035?

By 2035, the overall market value is expected to reach 13.2 USD Billion.

What is the expected CAGR for the India Gypsum Board Market from 2025 to 2035?

The expected compound annual growth rate for the market during this period is 7.678%.

What are the major applications of the India Gypsum Board Market?

The major applications include residential, institutional, commercial, and others.

How much is the residential segment expected to be valued by 2035?

The residential segment is projected to be valued at 5.1 USD Billion by 2035.

What is the expected value of the institutional segment in 2024?

The institutional segment is expected to be valued at 1.4 USD Billion in 2024.

What are some of the key players in the India Gypsum Board Market?

Key players include SaintGobain Gyproc India, KNAUF, and Hindalco Industries among others.

What is the expected value of the commercial segment by 2035?

The commercial segment is projected to be valued at 4.5 USD Billion by 2035.

What market value is the 'others' application segment expected to reach in 2024?

The 'others' application segment is expected to reach a value of 0.45 USD Billion in 2024.

Which segment shows the highest growth potential in the India Gypsum Board Market?

The residential segment shows significant growth potential, moving from 2.25 USD Billion in 2024 to 5.1 USD Billion by 2035.

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