Gypsum Board Market
By Type;
Regular Gypsum Boards, Fire & Moisture Resistant Boards and OthersBy Installation;
Screwing Into Studs, Gluing To Concrete and OthersBy Application;
Gypsum Board Partitioning, Ceilings & Wall Coverings and OthersBy End-Use;
Residential, Commercial and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Gypsum Board Market Overview
Gypsum Board Market (USD Million)
Gypsum Board Market was valued at USD 69,943.95 million in the year 2024. The size of this market is expected to increase to USD 150,799.37 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.6%.
Gypsum Board Market
*Market size in USD million
CAGR 11.6 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 11.6 % | 
| Market Size (2024) | USD 69,943.95 Million | 
| Market Size (2031) | USD 150,799.37 Million | 
| Market Concentration | Low | 
| Report Pages | 395 | 
Major Players
- National Gypsum
 - Beijing New Building Material
 - Etex Group
 - United Mining Industries
 - Saint-Gobain Gyproc Middle East
 - Lafarge Group
 - AYHACO Group
 
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Gypsum Board Market
Fragmented - Highly competitive market without dominant players
The Gypsum Board Market is expanding as construction and interior design sectors increasingly adopt gypsum boards for walls, ceilings, and partitions. More than 63% of builders and contractors now prefer gypsum boards due to their lightweight, cost efficiency, and superior finishing properties.
Adoption in Construction
Usage of gypsum boards has surpassed 60% in residential and commercial projects. Their fire resistance, sound insulation, and ease of installation make them a preferred choice over traditional materials, driving consistent adoption across various construction applications.
Sustainability Benefits
Nearly 65% of companies highlight sustainability as a key reason for using gypsum boards. Manufactured with recyclable materials and offering energy-efficient benefits, they align with green building practices and rising demand for environmentally responsible construction solutions.
Performance and Versatility
Advanced gypsum boards with moisture resistance, thermal insulation, and decorative finishes have seen adoption exceed 57%. Their versatility in design and performance supports a wide range of applications, from basic wall panels to high-end architectural interiors.
Future Outlook
With rising demand for modern, sustainable, and efficient building materials, more than 66% of developers are expected to increase their use of gypsum boards. This trend highlights their growing role in shaping contemporary construction practices and innovative design solutions.
Market Overview
The Gypsum Board Market is expanding as construction and interior design sectors increasingly adopt gypsum boards for walls, ceilings, and partitions. More than 63% of builders and contractors now prefer gypsum boards due to their lightweight, cost efficiency, and superior finishing properties.
Adoption in Construction
Usage of gypsum boards has surpassed 60% in residential and commercial projects. Their fire resistance, sound insulation, and ease of installation make them a preferred choice over traditional materials, driving consistent adoption across various construction applications.
Sustainability Benefits
Nearly 65% of companies highlight sustainability as a key reason for using gypsum boards. Manufactured with recyclable materials and offering energy-efficient benefits, they align with green building practices and rising demand for environmentally responsible construction solutions.
Performance and Versatility
Advanced gypsum boards with moisture resistance, thermal insulation, and decorative finishes have seen adoption exceed 57%. Their versatility in design and performance supports a wide range of applications, from basic wall panels to high-end architectural interiors.
Future Outlook
With rising demand for modern, sustainable, and efficient building materials, more than 66% of developers are expected to increase their use of gypsum boards. This trend highlights their growing role in shaping contemporary construction practices and innovative design solutions.
Gypsum Board Market Key Takeaways
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Market Growth The gypsum board market is expanding due to the increasing demand for lightweight, fire-resistant and durable building materials in the construction and real estate sectors.
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Technological Advancements Innovations in gypsum board manufacturing processes, such as the development of moisture-resistant and acoustic gypsum boards, are driving market growth by offering enhanced performance for various building applications.
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Sustainability The growing focus on sustainable construction practices is contributing to the demand for gypsum boards made from recycled materials and with minimal environmental impact during production.
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Rising Construction Activities The boom in residential, commercial and industrial construction projects, particularly in emerging economies, is driving the demand for gypsum boards as an essential component in building interiors.
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Energy Efficiency Gypsum boards are increasingly being used in energy-efficient buildings due to their ability to provide insulation, improve thermal performance and reduce heating and cooling costs.
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Regional Growth The gypsum board market is seeing significant growth in Asia-Pacific, North America and Europe, driven by urbanization, infrastructure development and government investments in the construction industry.
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Challenges in Market Adoption The market faces challenges related to price volatility of raw materials, competition from alternative wall and ceiling materials, and regulatory challenges in some regions related to environmental standards.
 
Gypsum Board Market Recent Developments
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In March 2020, Knauf introduced mold-resistant gypsum boards tailored for humid climates, boosting demand in regions prone to moisture challenges.
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In January 2024, Etex Group invested in expanding gypsum board production facilities in Asia to meet growing regional construction demands.
 
Gypsum Board Market Segment Analysis
In this report, the Gypsum Board Market has been segmented by Type, Installation, Application, End-Use and Geography.
Gypsum Board Market, Segmentation by Type
The market by Type is defined by performance characteristics that address varied building codes, climate exposure, and interior design needs. Vendors pursue technological advancements in cores and facer materials to balance fire safety, moisture tolerance, weight, and acoustic performance. Strategic partnerships with distributors and drywall contractors are common, as manufacturers target specification wins in commercial projects while managing challenges around cost inflation and sustainability expectations.
Regular Gypsum Boards
Regular boards remain the workhorse for interior partitions and wall linings where standard fire and humidity conditions prevail. Their broad availability and installer familiarity make them a key driver of volume, supported by efficient manufacturing footprints and strong retail and pro-dealer channels. As building codes tighten, producers differentiate with improved paper facers, lighter weights for handling, and recycling programs that address environmental considerations without sacrificing productivity.
Fire & Moisture Resistant Boards
Enhanced boards serve high-demand environments such as kitchens, bathrooms, corridors, and mixed-use buildings that require elevated fire resistance and moisture management. Growth is supported by stringent safety standards, healthcare and hospitality renovations, and resilient design trends. Makers invest in additive chemistries, fiberglass facers, and quality assurance partnerships with contractors to secure specifications, while addressing challenges related to price premiums and installer training for best-practice detailing.
Others
This category includes specialty solutions such as impact-resistant, sound-attenuating, and mold-resistant boards targeting performance niches. Demand is shaped by application-specific insights—for example, education facilities needing higher durability and multi-family projects prioritizing acoustics. Suppliers focus on targeted marketing, certification pathways, and bundling with complementary accessories to overcome adoption barriers and convert specialized requirements into repeatable specifications.
Gypsum Board Market, Segmentation by Installation
Installation methods influence total installed cost, timelines, and performance outcomes, making them central to contractor preferences and project bids. Ecosystem partnerships with stud system providers, adhesives suppliers, and tool brands create stickiness and streamline workflows. Training programs and technical guides mitigate challenges related to substrate preparation, fastener schedules, and moisture control, supporting consistent quality across residential and commercial jobs.
Screwing Into Studs
Mechanical fastening to metal or wood studs dominates framed construction, supporting rapid installation, reliable hold, and compatibility with fire-rated assemblies. Innovations in lightweight boards and optimized screw patterns are key drivers of productivity, especially for high-rise and large-format projects. Manufacturers collaborate with framing crews and code authorities to validate assemblies, ensuring compliant performance while addressing on-site labor variability.
Gluing To Concrete
Adhesive mounting to concrete or masonry benefits retrofit and space-constrained applications where furring may be minimized. Adoption is propelled by time savings, substrate leveling solutions, and improved adhesive chemistries that perform under humidity swings. Clear guidance on surface preparation and vapor control helps address challenges like bond integrity and moisture migration, making this pathway attractive in commercial refurbishments and certain residential basements.
Others
Alternative methods—such as combined adhesive-and-fastener approaches or specialty clips—serve unique site conditions and architectural details. Vendors support these use cases with application-specific kits, technical hotlines, and warranty frameworks to de-risk decisions for contractors. Growth depends on demonstrating lifecycle benefits, coordinating with finishing systems, and aligning with evolving building codes across jurisdictions.
Gypsum Board Market, Segmentation by Application
By Application, demand reflects functional needs—space division, finishes, and interior performance targets—shaped by real estate cycles and renovation intensity. Suppliers compete through system warranties, accessories integration (compounds, tapes), and specification support to win project bundles. Addressing challenges like sound transmission, fire egress routes, and wet-area detailing is essential to secure repeatable, code-compliant outcomes for owners and developers.
Gypsum Board Partitioning
Partition systems drive core volume in offices, healthcare, education, and residential interiors, where speed of build and flexibility are crucial. Performance add-ons—acoustic layers, impact resistance, and fire-rated assemblies—elevate value while enabling standardized details across portfolios. Partnerships with stud, insulation, and door-frame suppliers streamline procurement and ensure the assemblies meet project-specific compliance targets.
Ceilings & Wall Coverings
Ceilings and wall linings prioritize finish quality, plenum access, and integrated services such as lighting and HVAC. Growth is reinforced by premium textures, acoustic control, and improved sag resistance in humid climates. Coordination with suspension systems, access panels, and finishing compounds helps address challenges in large-format spaces and ensures consistent aesthetics across new builds and refurbishments.
Others
Specialty uses—curved surfaces, shaft walls, and high-abuse areas—require tailored solutions and installer expertise. Manufacturers provide technical support, mock-ups, and BIM details to unlock complex geometries and meet stringent safety requirements. These applications often benefit from bundled systems and documented performance, mitigating risk for contractors and owners.
Gypsum Board Market, Segmentation by End-Use
End-Use demand is shaped by housing starts, commercial capex, and repair-and-remodel trends, with procurement preferences varying between pro-dealers, retail, and direct project supply. Vendors seek multi-year agreements with builders and facility managers, while expanding recycling and take-back programs to meet sustainability goals. Managing challenges around logistics, lead times, and local code compliance remains vital to protect margins and service levels.
Residential
Detached, multi-family, and mixed-use residential projects rely on gypsum boards for partitions and finishes, emphasizing fast installation and consistent finishing results. Demand benefits from energy-efficient retrofits, disaster recovery rebuilds, and urban infill developments. Suppliers differentiate via lightweight products, moisture-resistant options for wet areas, and contractor training that elevates productivity and reduces callbacks.
Commercial
Offices, retail, hospitality, healthcare, and institutional buildings require performance-rated assemblies and rigorous inspection protocols. Growth is supported by tenant improvements, adaptive reuse, and compliance with fire and acoustic standards in high-occupancy spaces. Manufacturers collaborate with architects and GCs to secure specifications, provide digital submittals, and manage challenges around complex phasing and night-shift installation windows.
Others
Industrial and infrastructure adjacencies—such as transit hubs or utilities facilities—deploy gypsum systems selectively for interior buildouts. Opportunities arise where maintenance access, durability, and cost predictability align with stakeholder objectives. Suppliers focus on engineering support and reliable logistics to meet schedule-critical projects while addressing unique compliance needs.
Gypsum Board Market, Segmentation by Geography
In this report, the Gypsum Board Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
Demand in North America is supported by steady residential construction, robust repair & remodel spending, and commercial retrofits emphasizing acoustics and fire safety. Producers leverage regional plants, recycled content programs, and partnerships with pro-dealers to ensure service levels and specification support. Key challenges include labor availability and code variations, addressed through training resources, digital submittals, and certified assemblies.
Europe
Europe’s market is shaped by energy-efficient renovations, stringent fire regulations, and circular-economy initiatives that favor recycling and low-carbon production. Cross-border project activity and public building upgrades sustain volume, while sustainability disclosures drive material selection. Suppliers emphasize EPDs, logistics optimization, and product innovation to navigate challenges around energy costs and evolving building directives.
Asia Pacific
Asia Pacific benefits from rapid urbanization, infrastructure investment, and expanding commercial real estate across emerging cities. Localization of manufacturing and dealer networks underpins competitiveness and lead-time reliability. Addressing challenges such as climate-related humidity, seismic considerations, and diverse codes, vendors promote moisture-resistant, lightweight, and high-performance systems to capture growth across new builds and renovations.
Middle East & Africa
In the Middle East & Africa, hospitality, healthcare, and education projects anchor demand alongside mixed-use developments. Climate conditions elevate interest in moisture-resistant and fire-rated solutions, while large-format projects reward reliable supply and technical support. Suppliers focus on training installers, specifier outreach, and partnerships with major contractors to overcome challenges tied to import logistics and project phasing.
Latin America
Latin America’s outlook is linked to housing initiatives, commercial refurbishments, and resilience upgrades in seismic and coastal zones. Vendors build competitiveness through regional distribution alliances, value-engineered systems, and technical guidance to ensure compliant installations. Managing currency volatility, permitting timelines, and skilled labor remains a challenge, encouraging solutions that balance performance with cost predictability.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Gypsum Board Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Growth in Construction Industry
 - Urbanization
 - Renovation and Remodeling Activities
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Affordable Housing Initiatives - Affordable housing initiatives represent a critical aspect of social and economic policy aimed at addressing housing affordability challenges and ensuring access to decent and affordable housing for individuals and families across income levels. These initiatives encompass a wide range of strategies, programs, and policies implemented by governments, non-profit organizations, and private sector stakeholders to increase the supply of affordable housing, improve housing affordability, and enhance access to housing finance for low- and moderate-income households.
Affordable housing initiatives aim to improve housing affordability and reduce housing cost burdens for low- and moderate-income households through targeted interventions and support programs. These initiatives may include rent control policies, rent subsidies, housing vouchers, and income-based housing assistance programs designed to help individuals and families afford rental housing or homeownership opportunities. Affordable housing finance mechanisms such as mortgage guarantees, down payment assistance, and microfinance programs may also be provided to facilitate access to mortgage credit and homeownership for underserved populations, including first-time homebuyers and marginalized communities.
Affordable housing initiatives play a crucial role in addressing housing affordability challenges, promoting social inclusion, and advancing sustainable development goals. By leveraging innovative policies, financing mechanisms, and partnerships, governments, policymakers, and stakeholders can create opportunities for all individuals and families to access safe, decent, and affordable housing, thereby contributing to more equitable, resilient, and livable communities for present and future generations.
 
Restraints
- Labor Shortages
 - Volatility in Construction Sector
 - Slowdown in Real Estate Sector
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Trade Disputes - Volatility in the construction sector presents significant challenges and uncertainties for the Global Gypsum Board Market, impacting demand, pricing, and market dynamics. The construction sector is highly cyclical, influenced by economic conditions, interest rates, government policies, and geopolitical factors. Economic downturns, such as recessions or financial crises, can lead to reduced construction activity, project delays, and cancellations, affecting the demand for gypsum boards and other construction materials. Moreover, fluctuations in currency exchange rates, commodity prices, and inflation levels can exacerbate volatility in the construction sector, creating pricing pressures and margin squeezes for gypsum board manufacturers and suppliers.
Uncertainties surrounding trade agreements, tariffs, and sanctions can disrupt global supply chains, hinder cross-border trade, and increase production costs for gypsum board manufacturers reliant on imported raw materials and components. Additionally, changes in government regulations, building codes, and environmental policies can impact construction projects' feasibility, timelines, and compliance requirements, influencing the demand for gypsum boards and driving shifts in market dynamics.
Volatility in the construction sector requires resilience, adaptability, and strategic planning by stakeholders in the Global Gypsum Board Market. Gypsum board manufacturers and suppliers need to diversify their product offerings, expand into new markets, and optimize their supply chains to mitigate risks associated with market fluctuations and uncertainties. Moreover, collaboration and partnerships with construction companies, contractors, architects, and developers can foster innovation, foster market insights, and identify new opportunities for growth and differentiation in the face of volatility. By adopting proactive risk management strategies, leveraging technological advancements, and aligning with industry best practices, gypsum board manufacturers can navigate the challenges posed by volatility in the construction sector and position themselves for long-term success in the global market.
 
Opportunities
- Fire and Soundproofing Requirements
 - Infrastructure Development Projects
 - Expansion of Commercial and Residential Sectors
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Sustainable Construction Practices - Sustainable construction practices have become increasingly important in addressing environmental concerns, resource depletion, and climate change while meeting the growing demand for infrastructure and buildings. These practices aim to minimize the environmental impact of construction activities, conserve natural resources, and promote the long-term resilience and sustainability of built environments. Sustainable construction encompasses a range of strategies, technologies, and principles that integrate environmental, economic, and social considerations throughout the lifecycle of buildings and infrastructure projects.
Sustainable construction practices is the use of environmentally friendly materials and building techniques that reduce energy consumption, minimize waste generation, and lower carbon emissions. This includes the adoption of renewable materials such as bamboo, straw, and recycled wood, as well as the use of low-impact construction methods such as modular construction, prefabrication, and off-site assembly. Additionally, sustainable construction practices emphasize energy-efficient design principles, passive solar strategies, and green building standards such as LEED (Leadership in Energy and Environmental Design) and BREEAM (Building Research Establishment Environmental Assessment Method), which prioritize energy efficiency, indoor environmental quality, and resource conservation.
Sustainable construction practices promote social equity, health, and well-being by prioritizing the needs of occupants, communities, and marginalized populations. This includes the design of buildings and infrastructure that are accessible, inclusive, and culturally appropriate, as well as the provision of amenities and services that promote physical and mental health, such as green spaces, community gardens, and recreational facilities. Additionally, sustainable construction practices emphasize stakeholder engagement, community participation, and capacity building to ensure that projects are socially responsible, culturally sensitive, and responsive to the needs and aspirations of diverse stakeholders.
 
Gypsum Board Market Competitive Landscape Analysis
Gypsum Board Market reflects a highly competitive environment shaped by strong manufacturing networks, strategic expansion, and diversified product portfolios. The top companies collectively account for nearly 65% of the total share, with intense competition driving aggressive strategies such as mergers, partnerships, and collaboration. Continuous investment in innovation has further intensified this competition across key application sectors.
Market Structure and Concentration
The market is characterized by a moderately consolidated structure, with the leading manufacturers capturing around 45% of the total share. The presence of established players with wide distribution networks strengthens market concentration. Competitive pressure is increasing as mid-sized firms adopt advanced strategies and target niche markets to gain growth advantages.
Brand and Channel Strategies
Leading companies are enhancing their brand equity through strong channel development and extensive dealer networks, contributing nearly 38% to revenue share. A mix of offline and digital distribution is enabling wider market reach. Strategic partnerships, improved branding initiatives, and customer engagement strategies are central to strengthening competitive positioning.
Innovation Drivers and Technological Advancements
Around 52% of market players are investing in technological advancements to offer high-performance and sustainable products. Advanced manufacturing methods and innovation in eco-friendly board solutions are reshaping competitive advantages. These efforts focus on improving energy efficiency, enhancing durability, and reducing production costs to strengthen market positioning.
Regional Momentum and Expansion
Regional leaders control approximately 48% of the market, driven by strong infrastructure development and expansion in emerging economies. Strategic expansion initiatives, regional manufacturing hubs, and local partnerships are allowing players to meet increasing demand efficiently. Market penetration strategies are further reinforced by regional policy support and construction growth.
Future Outlook
The future landscape is expected to be shaped by intensified collaboration, sustainable production, and strategic growth investments. Over 57% of companies plan to increase their presence through capacity expansion and technological upgrades. The evolving strategies indicate a shift toward energy-efficient solutions, creating a strong foundation for sustained competitive advantages and market leadership.
Key players in Gypsum Board Market include:
- Saint-Gobain
 - Knauf Gips KG
 - USG / USGKnauf
 - Etex Group
 - Georgia-Pacific LLC
 - National Gypsum Company
 - Beijing New Building Material (BNBM)
 - LafargeHolcim
 - Yoshino Gypsum Co., Ltd.
 - USG Boral
 - Gypsemna
 - Gulf Gypsum Co. (ASK Gypsum)
 - Extex Group
 - Global Mining Company (GMC)
 - Volma
 
In this report, the profile of each market player provides following information:
- Market Share Analysis
 - Company Overview and Product Portfolio
 - Key Developments
 - Financial Overview
 - Strategies
 - Company SWOT Analysis
 
- Introduction 
- Research Objectives and Assumptions
 - Research Methodology
 - Abbreviations
 
 - Market Definition & Study Scope
 - Executive Summary 
- Market Snapshot, By Type
 - Market Snapshot, By Installation
 - Market Snapshot, By Application
 - Market Snapshot, By End-Use
 - Market Snapshot, By Region
 
 - Global Gypsum Board Market Dynamics 
- Drivers, Restraints and Opportunities 
- Drivers 
- Growth in Construction Industry
 - Urbanization
 - Renovation and Remodeling Activities
 - Affordable Housing Initiatives
 
 - Restraints 
- Labor Shortages
 - Volatility in Construction Sector
 - Slowdown in Real Estate Sector
 - Trade Disputes
 
 - Opportunities 
- Fire and Soundproofing Requirements
 - Infrastructure Development Projects
 - Expansion of Commercial and Residential Sectors
 - Sustainable Construction Practices
 
 
 - Drivers 
 - PEST Analysis 
- Political Analysis
 - Economic Analysis
 - Social Analysis
 - Technological Analysis
 
 - Porter's Analysis 
- Bargaining Power of Suppliers
 - Bargaining Power of Buyers
 - Threat of Substitutes
 - Threat of New Entrants
 - Competitive Rivalry
 
 
 - Drivers, Restraints and Opportunities 
 - Market Segmentation 
- Gypsum Board Market, By Type, 2021 - 2031 (USD Million) 
- Regular Gypsum Boards
 - Fire & Moisture Resistant Boards
 - Others
 
 - Gypsum Board Market, By Installation, 2021 - 2031 (USD Million) 
- Screwing Into Studs
 - Gluing To Concrete
 - Others
 
 - Gypsum Board Market, By Application, 2021 - 2031 (USD Million) 
- Gypsum Board Partitioning
 - Ceilings & Wall Coverings
 - Others
 
 - Gypsum Board Market, By End-Use, 2021 - 2031 (USD Million) 
- Residential
 - Commercial
 - Others
 
 - Gypsum Board Market, By Geography, 2021 - 2031 (USD Million) 
- North America 
- United States
 - Canada
 
 - Europe 
- Germany
 - United Kingdom
 - France
 - Italy
 - Spain
 - Nordic
 - Benelux
 - Rest of Europe
 
 - Asia Pacific 
- Japan
 - China
 - India
 - Australia & New Zealand
 - South Korea
 - ASEAN (Association of South East Asian Countries)
 - Rest of Asia Pacific
 
 - Middle East & Africa 
- GCC
 - Israel
 - South Africa
 - Rest of Middle East & Africa
 
 - Latin America 
- Brazil
 - Mexico
 - Argentina
 - Rest of Latin America
 
 
 - North America 
 
 - Gypsum Board Market, By Type, 2021 - 2031 (USD Million) 
 - Competitive Landscape 
- Company Profiles 
- Saint-Gobain
 - Knauf Gips KG
 - USG / USGKnauf
 - Etex Group
 - Georgia-Pacific LLC
 - National Gypsum Company
 - Beijing New Building Material (BNBM)
 - LafargeHolcim
 - Yoshino Gypsum Co., Ltd.
 - USG Boral
 - Gypsemna
 - Gulf Gypsum Co. (ASK Gypsum)
 - Extex Group
 - Global Mining Company (GMC)
 - Volma
 
 
 - Company Profiles 
 - Analyst Views
 - Future Outlook of the Market
 

