Product Code: ETC13156845 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Gypsum Plaster Market was valued at USD 4 Billion in 2024 and is expected to reach USD 5.5 Billion by 2031, growing at a compound annual growth rate of 5.00% during the forecast period (2025-2031).
The Global Gypsum Plaster Market is experiencing steady growth driven by the construction industry`s demand for high-quality and cost-effective building materials. Gypsum plaster, also known as plaster of Paris, is widely used for interior wall finishes due to its excellent fire resistance, sound insulation properties, and smooth finish. The market is also benefiting from the increasing adoption of green building practices and sustainable construction materials. Key market players are focusing on product innovation, such as developing eco-friendly gypsum plasters and enhancing product performance characteristics. Geographically, the Asia-Pacific region is expected to witness significant growth in the gypsum plaster market, attributed to rapid urbanization, infrastructure development, and increasing disposable income leading to a surge in construction activities.
The Global Gypsum Plaster Market is experiencing growth due to the increasing demand for sustainable and fire-resistant construction materials. The rise in construction activities, particularly in emerging economies, is driving the market expansion. Manufacturers are focusing on developing innovative products with enhanced durability and performance to meet the evolving needs of the construction industry. Additionally, the growing trend of eco-friendly construction practices is creating opportunities for gypsum plaster producers to market their products as environmentally friendly alternatives. With advancements in technology and increasing awareness about the benefits of gypsum plaster, the market is poised for further growth in the coming years. Collaboration with architects and builders to promote the advantages of gypsum plaster in terms of aesthetics, cost-effectiveness, and ease of application will be crucial for companies to capitalize on the expanding market opportunities.
The Global Gypsum Plaster Market faces several challenges, including fluctuating raw material prices, environmental concerns related to gypsum mining, and competition from alternative materials such as cement and lime plaster. Additionally, the market is highly fragmented with numerous small and medium-sized players, leading to intense price competition and margin pressures. Quality control issues, particularly in terms of consistency and durability of gypsum plaster products, also pose a challenge for manufacturers. Furthermore, the market is heavily dependent on the construction industry, making it susceptible to economic downturns and fluctuations in construction activity. Overall, addressing these challenges through innovation, sustainable practices, and strategic partnerships will be crucial for companies operating in the Global Gypsum Plaster Market to maintain their competitive edge and drive growth.
The Global Gypsum Plaster Market is being driven by several key factors, including the rapid growth of the construction industry worldwide, particularly in emerging economies. Gypsum plaster is widely used in construction due to its properties such as fire resistance, sound insulation, and smooth finish, which is boosting its demand. Additionally, the increasing focus on sustainable and eco-friendly construction materials is also contributing to the market growth, as gypsum plaster is considered a more environmentally friendly option compared to traditional materials. Moreover, technological advancements in the manufacturing process of gypsum plaster are enhancing its quality and performance, further fueling its adoption in various construction applications. Overall, the growing construction activities, sustainability trends, and advancements in product quality are the primary drivers propelling the Global Gypsum Plaster Market.
Government policies related to the Global Gypsum Plaster Market vary across different regions, but some common themes include regulations on environmental impact, building codes, and health and safety standards. For instance, in countries like the United States and European Union, there are stringent regulations on emissions from gypsum manufacturing processes to reduce environmental pollution. Building codes often mandate the use of fire-resistant materials like gypsum plaster for construction projects to ensure public safety. Additionally, governments may provide subsidies or tax incentives to promote the use of sustainable building materials, including gypsum plaster, in order to support the transition to more eco-friendly construction practices. Overall, government policies play a crucial role in shaping the demand and growth of the global gypsum plaster market by influencing manufacturing practices, construction standards, and consumer preferences.
The Global Gypsum Plaster Market is anticipated to experience steady growth in the coming years, driven by increasing construction activities worldwide. The rising demand for eco-friendly and sustainable building materials is expected to fuel the market as gypsum plaster is known for its low environmental impact and energy efficiency. Additionally, the growing focus on improving indoor air quality and thermal insulation in buildings is likely to further boost the adoption of gypsum plaster. The market is also expected to benefit from technological advancements in product formulations and manufacturing processes, leading to enhanced performance characteristics and cost-effectiveness. Overall, the Global Gypsum Plaster Market is poised for expansion, supported by favorable trends in the construction industry and a shift towards more sustainable building practices.
In the Global Gypsum Plaster Market, Asia is expected to lead in terms of growth due to the rapid urbanization and construction activities in countries like China and India. North America and Europe are also significant markets for gypsum plaster, driven by the increasing demand for sustainable and energy-efficient construction materials. In the Middle East and Africa region, the market is expected to grow steadily due to infrastructure development projects. Latin America is witnessing a growth in the gypsum plaster market due to the expanding construction industry in countries like Brazil and Mexico. Overall, the global gypsum plaster market is experiencing growth across all regions, with Asia leading the way in terms of market expansion and innovation.
Global Gypsum Plaster Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Gypsum Plaster Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Gypsum Plaster Market Revenues & Volume, 2021 & 2031F |
3.3 Global Gypsum Plaster Market - Industry Life Cycle |
3.4 Global Gypsum Plaster Market - Porter's Five Forces |
3.5 Global Gypsum Plaster Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Gypsum Plaster Market Revenues & Volume Share, By Plaster System, 2021 & 2031F |
3.7 Global Gypsum Plaster Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.8 Global Gypsum Plaster Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Global Gypsum Plaster Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Gypsum Plaster Market Trends |
6 Global Gypsum Plaster Market, 2021 - 2031 |
6.1 Global Gypsum Plaster Market, Revenues & Volume, By Plaster System, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Gypsum Plaster Market, Revenues & Volume, By Manually-applied Plaster, 2021 - 2031 |
6.1.3 Global Gypsum Plaster Market, Revenues & Volume, By Machine-applied Plaster, 2021 - 2031 |
6.1.4 Global Gypsum Plaster Market, Revenues & Volume, By Finishes, 2021 - 2031 |
6.2 Global Gypsum Plaster Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Gypsum Plaster Market, Revenues & Volume, By Natural Gypsum, 2021 - 2031 |
6.2.3 Global Gypsum Plaster Market, Revenues & Volume, By Synthetic Gypsum, 2021 - 2031 |
6.3 Global Gypsum Plaster Market, Revenues & Volume, By End-use, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Gypsum Plaster Market, Revenues & Volume, By Residential, 2021 - 2031 |
6.3.3 Global Gypsum Plaster Market, Revenues & Volume, By Non-residential, 2021 - 2031 |
7 North America Gypsum Plaster Market, Overview & Analysis |
7.1 North America Gypsum Plaster Market Revenues & Volume, 2021 - 2031 |
7.2 North America Gypsum Plaster Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Gypsum Plaster Market, Revenues & Volume, By Plaster System, 2021 - 2031 |
7.4 North America Gypsum Plaster Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
7.5 North America Gypsum Plaster Market, Revenues & Volume, By End-use, 2021 - 2031 |
8 Latin America (LATAM) Gypsum Plaster Market, Overview & Analysis |
8.1 Latin America (LATAM) Gypsum Plaster Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Gypsum Plaster Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Gypsum Plaster Market, Revenues & Volume, By Plaster System, 2021 - 2031 |
8.4 Latin America (LATAM) Gypsum Plaster Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
8.5 Latin America (LATAM) Gypsum Plaster Market, Revenues & Volume, By End-use, 2021 - 2031 |
9 Asia Gypsum Plaster Market, Overview & Analysis |
9.1 Asia Gypsum Plaster Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Gypsum Plaster Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Gypsum Plaster Market, Revenues & Volume, By Plaster System, 2021 - 2031 |
9.4 Asia Gypsum Plaster Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
9.5 Asia Gypsum Plaster Market, Revenues & Volume, By End-use, 2021 - 2031 |
10 Africa Gypsum Plaster Market, Overview & Analysis |
10.1 Africa Gypsum Plaster Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Gypsum Plaster Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Gypsum Plaster Market, Revenues & Volume, By Plaster System, 2021 - 2031 |
10.4 Africa Gypsum Plaster Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
10.5 Africa Gypsum Plaster Market, Revenues & Volume, By End-use, 2021 - 2031 |
11 Europe Gypsum Plaster Market, Overview & Analysis |
11.1 Europe Gypsum Plaster Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Gypsum Plaster Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Gypsum Plaster Market, Revenues & Volume, By Plaster System, 2021 - 2031 |
11.4 Europe Gypsum Plaster Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
11.5 Europe Gypsum Plaster Market, Revenues & Volume, By End-use, 2021 - 2031 |
12 Middle East Gypsum Plaster Market, Overview & Analysis |
12.1 Middle East Gypsum Plaster Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Gypsum Plaster Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Gypsum Plaster Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Gypsum Plaster Market, Revenues & Volume, By Plaster System, 2021 - 2031 |
12.4 Middle East Gypsum Plaster Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
12.5 Middle East Gypsum Plaster Market, Revenues & Volume, By End-use, 2021 - 2031 |
13 Global Gypsum Plaster Market Key Performance Indicators |
14 Global Gypsum Plaster Market - Export/Import By Countries Assessment |
15 Global Gypsum Plaster Market - Opportunity Assessment |
15.1 Global Gypsum Plaster Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Gypsum Plaster Market Opportunity Assessment, By Plaster System, 2021 & 2031F |
15.3 Global Gypsum Plaster Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
15.4 Global Gypsum Plaster Market Opportunity Assessment, By End-use, 2021 & 2031F |
16 Global Gypsum Plaster Market - Competitive Landscape |
16.1 Global Gypsum Plaster Market Revenue Share, By Companies, 2024 |
16.2 Global Gypsum Plaster Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |