The gypsum board market in the UAE is expected to reach a projected revenue of US$ 1,082.7 million by 2030. A compound annual growth rate of 13.6% is expected of the UAE gypsum board market from 2024 to 2030.
The UAE gypsum board market generated a revenue of USD 443.4 million in 2023 and is expected to reach USD 1,082.7 million by 2030.
The UAE market is expected to grow at a CAGR of 13.6% from 2024 to 2030.
In terms of segment, wallboard was the largest revenue generating product in 2023.
Pre-decorated Board is the most lucrative product segment registering the fastest growth during the forecast period.
Gypsum board market data book summary
Market revenue in 2023
USD 443.4 million
Market revenue in 2030
USD 1,082.7 million
Growth rate
13.6% (CAGR from 2023 to 2030)
Largest segment
Wallboard
Fastest growing segment
Pre-decorated Board
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Wallboard, Ceiling Board, Pre-decorated Board, Other Products
Key market players worldwide
Knauf, Gypsemna, Global Mining Company, National Gypsum Company, Compagnie de Saint-Gobain SA, Holcim Ltd, Zawawi Group, BNBM, Eternit, United Mining Industries, Yoshino Gypsum
Other key industry trends
In terms of revenue, UAE accounted for 0.8% of the global gypsum board market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Middle East & Africa, Saudi Arabia gypsum board market is projected to lead the regional market in terms of revenue in 2030.
Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,167.7 million by 2030.
Economic development in the UAE has substantially boosted gypsum and gypsum-based products across the region. The UAE construction industry is likely to witness renewed expansion on the back of rapid growth in Dubai tourism and real estate, supported by the upcoming Expo 2020 event, attracting an estimated investment of USD 18 billion.
Technological advancements in the mining sector coupled with increasing skyscrapers, housing projects, and hotels construction has increased demand of modern building materials. This trend is further expected to prove conducive for gypsum board industry growth over the forecast period.
Increasing demand from cement plants and gypsum wallboard plants has also widened the application scope of crude gypsum. Major cement manufacturing plants are producing gypsum for using within their plants, which are also reaping the benefits of growing investments in infrastructure.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Gypsum Board Market Outlook will help companies and investors design strategic landscapes.
Wallboard was the largest segment with a revenue share of 45.17% in 2023.
Horizon Databook has segmented the Uae gypsum board market based on wallboard, ceiling board, pre-decorated board, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Economic development in the UAE has substantially boosted gypsum and gypsum-based products across the region. The UAE construction industry is likely to witness renewed expansion on the back of rapid growth in Dubai tourism and real estate, supported by the upcoming Expo 2020 event, attracting an estimated investment of USD 18 billion.
Technological advancements in the mining sector coupled with increasing skyscrapers, housing projects, and hotels construction has increased demand of modern building materials. This trend is further expected to prove conducive for gypsum board industry growth over the forecast period.
Increasing demand from cement plants and gypsum wallboard plants has also widened the application scope of crude gypsum. Major cement manufacturing plants are producing gypsum for using within their plants, which are also reaping the benefits of growing investments in infrastructure.
Uae Gypsum Board Market Product Outlook (Revenue, USD Million , 2018-2030)
Wallboard
Ceiling Board
Pre-decorated Board
Other Products
Uae Gypsum Board Market Application Outlook (Revenue, USD Million , 2018-2030)
Pre-engineered Buildings
Residential
Industrial
Commercial
Institutional
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE Gypsum Board Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into UAE Gypsum Board Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.