Product Code: ETC103303 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India gypsum market import shipments demonstrated a strong upward momentum with a CAGR of 15.0% from 2020 to 2024. The growth rate between 2023 and 2024, at 9.8%, indicates a sustained expansion during the period, showcasing a consistent upward trend in market demand.
The India gypsum market is expected to grow at a CAGR of 8.9% in terms of volume during the forecast period. The growth can be attributed to factors such as rising demand from sectors such as construction, and increasing technological advancements aiding the manufacturing process. In addition, government initiatives to promote affordable housing projects are further propelling the growth of this market.
Increasing urbanization coupled with economic development is driving the demand for new residential and commercial constructions which in turn has resulted in an increase in consumption of gypsum products across India. Additionally, growing awareness regarding fire safety has been triggering increased product demand from construction industry thereby boosting India gypsum production & usage over past few years. Moreover, emerging use cases for plasterboards and other related products have propelled their demand among small scale & medium scale businesses along with individual consumers hence creating huge potential opportunities for manufacturers operating within this space on larger scales.
There exist some challenges which could impede or slow down the growth rate of India gypsum market including lack of adequate infrastructure support necessary for efficient transportation/movement of goods especially during peak seasons when large volumes need to be transported at short notices leading to product wastage due to inadequate storage conditions resulting into heavy losses incurred by companies involved within said supply chain network thereby hampering overall revenue generated by these players ultimately affecting consumer satisfaction levels too negatively impacting company???s brand image adversely affecting profitability margins associated with same component(s).
Some key participants operating within India Gypsum market include United Phosphorus Ltd., JK Lakshmi Cement Ltd., LafargeHolcim Group (ACC Limited), Saint-Gobain Corporation etc..
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 India Gypsum Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Gypsum Market Revenues & Volume, 2021 & 2031F |
3.3 India Gypsum Market - Industry Life Cycle |
3.4 India Gypsum Market - Porter's Five Forces |
3.5 India Gypsum Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Gypsum Market Revenues & Volume Share, By Seting Type, 2021 & 2031F |
3.7 India Gypsum Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Gypsum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Rapid urbanization and industrialization in India leading to increased demand for construction materials including gypsum |
4.2.2 Government initiatives to promote affordable housing schemes boosting the construction sector |
4.2.3 Growing awareness about the benefits of gypsum in sustainable construction practices |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the overall cost of gypsum production |
4.3.2 Regulatory challenges and environmental concerns related to gypsum mining and processing |
4.3.3 Competition from alternative materials like cement and drywall |
5 India Gypsum Market Trends |
6 India Gypsum Market, By Types |
6.1 India Gypsum Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Gypsum Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Gypsum Market Revenues & Volume, By Impression Plaster, 2021-2031F |
6.1.4 India Gypsum Market Revenues & Volume, By Model Plaster, 2021-2031F |
6.1.5 India Gypsum Market Revenues & Volume, By Dental Stone, 2021-2031F |
6.1.6 India Gypsum Market Revenues & Volume, By Dental Stone High Strength, 2021-2031F |
6.1.7 India Gypsum Market Revenues & Volume, By Dental Stone High Expansion, 2021-2031F |
6.2 India Gypsum Market, By Seting Type |
6.2.1 Overview and Analysis |
6.2.2 India Gypsum Market Revenues & Volume, By Hygroscopic Setting Expansion, 2021-2031F |
6.2.3 India Gypsum Market Revenues & Volume, By Normal Setting Expansion, 2021-2031F |
6.3 India Gypsum Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Gypsum Market Revenues & Volume, By Pre-Engineered Metal Buildings, 2021-2031F |
6.3.3 India Gypsum Market Revenues & Volume, By Residential, 2021-2031F |
6.3.4 India Gypsum Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.5 India Gypsum Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.6 India Gypsum Market Revenues & Volume, By Institutional, 2021-2031F |
7 India Gypsum Market Import-Export Trade Statistics |
7.1 India Gypsum Market Export to Major Countries |
7.2 India Gypsum Market Imports from Major Countries |
8 India Gypsum Market Key Performance Indicators |
8.1 Average selling price of gypsum products |
8.2 Number of new construction projects utilizing gypsum |
8.3 Adoption rate of gypsum-based construction technologies |
8.4 Rate of gypsum consumption per capita |
8.5 Percentage of construction companies incorporating gypsum in their projects |
9 India Gypsum Market - Opportunity Assessment |
9.1 India Gypsum Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Gypsum Market Opportunity Assessment, By Seting Type, 2021 & 2031F |
9.3 India Gypsum Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Gypsum Market - Competitive Landscape |
10.1 India Gypsum Market Revenue Share, By Companies, 2024 |
10.2 India Gypsum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |