Mongolia Gypsum Market revenue size is projected to grow at a CAGR of 6.7% during 2025-2031

Normal Setting Expansion segment by Setting Type held the highest revenue share in Mongolia Gypsum Market -6Wresearch

Normal Setting Expansion dominated the Mongolia gypsum market by setting type in revenues, driven by its consistent setting time, ease of handling, cost effectiveness, suitability for standard construction and interior finishing applications, and widespread adoption by contractors for routine residential and commercial building activities across the country.

According to 6Wresearch, Mongolia Gypsum Market revenue size is projected to grow at a CAGR of 6.7% during 2025-2031. Between 2021 and 2024, the global gypsum market has been growing steadily, supported by rising wallboard demand and infrastructure development across both developed and emerging economies. According to the U.S. Geological Survey (USGS), global mined gypsum production increased tremendously, reflecting continued recovery in construction activity following pandemic disruptions. Demand during this period remained closely tied to wallboard, plaster, cement, and agricultural applications, with wallboard consumption supported by residential construction. Increased use of synthetic gypsum, which accounted for roughly one-third of U.S. gypsum supply in 2023, also helped stabilize supply chains and reduce reliance on natural gypsum mining.

Looking ahead, the global gypsum market is expected to experience sustained growth, driven primarily by expanding wallboard adoption, urban housing demand, and rising building floor area worldwide. Growth momentum is expected to be strongest in Asia-Pacific, where rapid urbanization, infrastructure investment, and housing programs would continue to expand interior construction activity. Global building outlooks from international agencies such as UNEP’s GlobalABC project a significant increase in building floor area through 2030, reinforcing long-term demand for gypsum in wallboard and plaster applications.

According to Shubham Deep, Senior Research Analyst, 6Wresearch, Gypsum Board dominated the Mongolia gypsum market in revenues due to their wide applicability across residential, commercial, and institutional construction, particularly for partitions, ceilings, and interior wall systems. They enable faster construction, lower structural load, and cleaner installation compared to traditional masonry.

Mongolia Gypsum Market (2025-2031) report provides an in-depth analysis with 24 figures and 8 tables, covered in 70 pages. The report thoroughly covers the market by type, setting type and application. The Mongolia Gypsum Market outlook report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.