Oman Gypsum Board Opportunity Assessment

Deliverable Overview

The deliverable comprises market consumption information on Oman gypsum board. The estimates and forecasts shall be provided in terms of revenue for the year range 2018 to 2030, with the base year 2024 and forecasts from 2025 to 2030.

Report Overview

The Oman gypsum board market was estimated at USD 70.2 million in 2024 and is estimated to grow at a CAGR of 14.3% from 2025 to 2030. The market growth is attributed to the increasing construction activities in both the residential and commercial sectors. As the government continues to push for economic diversification under its Vision 2040 initiative, significant investments are being made in infrastructure, tourism, and real estate projects. These developments are boosting the demand for cost-effective, durable, and fire-resistant building materials like gypsum board, which is widely used for interior walls, ceilings, and partitions.

Another major growth driver for the market is the abundance of high-quality gypsum reserves in Oman, which has made the country one of the leading exporters of raw gypsum globally. This domestic availability of raw material supports local manufacturing and reduces dependency on imports, thereby making gypsum board more affordable and attractive for large-scale projects.

Oman’s favorable production and export ecosystem, combined with increasing global construction demand, positions its gypsum board market for sustained growth. Countries like Singapore and the UAE are top targets for Omani exports due to favorable trade conditions and infrastructure, while markets like Somalia and Yemen rank lowest due to political instability and poor business environments.

Additionally, the rise in demand for sustainable and lightweight construction materials is encouraging the adoption of gypsum boards over traditional alternatives. The increasing popularity of green building practices is also contributing to market expansion. Gypsum boards offer excellent thermal insulation, recyclability, and reduced environmental impact, making them a preferred choice among developers aiming to meet green building standards. The growing influence of international construction firms and rising foreign investment in Oman’s real estate and infrastructure sectors are further accelerating demand, solidifying the country's position as a key player in the regional gypsum board market.

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