• The global Gypsum Fibreboard market was valued at US$ 884.6 million in 2024 and is projected to reach US$ 1.4 billion by 2032, registering a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period from 2024 to 2032.
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• Gypsum Fibreboard is a construction material made from a combination of gypsum and cellulose fibers, typically sourced from recycled paper. Unlike traditional gypsum boards, fibreboards offer enhanced durability, superior moisture resistance, and higher strength, making them suitable for various applications in residential, commercial, and industrial construction. This material is widely used for wall partitions, ceilings, and flooring due to its fire-resistant properties and sustainable composition.
• Several factors contribute to the market's growth, including increased demand for sustainable and fire-resistant building materials, rapid urbanization, and the rising adoption of prefabricated construction solutions. With a growing emphasis on eco-friendly building practices, gypsum fibreboards are gaining traction as a sustainable alternative to conventional materials.
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• Regular – Standard gypsum fibreboards used for general applications.
• Moisture Resistant – Ideal for high-humidity environments such as bathrooms and kitchens.
• Fire Resistant – Provides enhanced fireproofing capabilities for commercial and industrial spaces.
By Applications
• Residential – Increasing use of gypsum fibreboards in home renovations and energy-efficient housing.
• Commercial – Growing demand in office buildings, shopping malls, and hotels due to fire-resistant properties.
• Industrial – Used in warehouses, manufacturing units, and specialized industrial buildings.
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