What is Gypsum Plaster Market Scope?
Gypsum plaster is a white cementing material made by complete or partial dehydration of the mineral gypsum. When dry gypsum powder is mixed with water it gets hardened. This material can be applied over block, concrete, or brick surface to form a smooth surface. It is available in ready to use format and does not need sand. Only the addition of water is required. It offers exceptional acoustic and thermal properties while giving leveled walls with the best finish. It provides a smooth interior finish and is an ideal base for good quality paints and wallpaper finishes. It can be applied on both smooth and rough surfaces of the wall. Gypsum plaster is easy to apply and requires less skilled manpower, unlike the traditional cement mortar. The preparation of surface and application of gypsum plaster should be apt to prevent cracks and peel offs.
Influencing Trend:
As Gypsum Plaster Has Emerged As a Popular Plastering Choice among the Construction Companies and Being Used To Plaster Internal Surfaces
Market Growth Drivers:
Exponential Growth in the Construction Sector across the Globe, Infrastructure Modernization and Rapid Urbanization Fuelling the Demand and The Application of Gypsum Plaster Is a Time-Saving Process; Hence Cost of the Project Is Reduced
Challenges:
Gypsum, a key raw material used in making plaster
Restraints:
Gypsum Plaster Is Costlier Than Cement Plaster
Opportunities:
Increasing Demand from Asia Pacific Region
The Gypsum Plaster market study is being classified by Type (Anhydrite gypsum plaster and Hemihydrate gypsum plaster), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Gypsum Plaster market throughout the predicted period.
Saint-Gobain S.A. (France), Knauf Gips KG (Germany), Global Gypsum Company Ltd. (Saudi Arabia), Escayescos, SL (Spain), USG Corporation (United States), James Hardie Industries plc. (Ireland), Georgia-Pacific Gypsum II LLC (United States), YOSHINO GYPSUM CO.,LTD. (Japan), VG-ORTH GmbH & Co. KG (Germany), Winstone Wallboards Ltd. (New Zealand), N.K.V. Gypsum Plaster Company Limited (United Arab Emirates), Sam Gypsum Private Limited. (India), Tradimalt (Italy), Malvin (Italy) and Perlite Italiana (Italy) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are JK Lakshmi (India) and Magicrete Building Solutions Pvt. Ltd. (India).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Gypsum Plaster market by Type, Application and Region.
On the basis of geography, the market of Gypsum Plaster has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In October 2023, Etex has signed an agreement with building materials company BGC to acquire the latter’s gypsum and fibre cement businesses. The gypsum business consists of wallboard, plasters, compounds and cornice production units, and includes the Perth gypsum wallboard plant in Western Australia. BGC also operates nine warehouses across Australia and New Zealand
In April 2019, Gebr. Knauf KG and USG Corporation announced the completion of Knauf’s acquisition of USG. This acquisition creates a global building materials industry leader that will be even better positioned to meet customers’ needs by leveraging two highly complementary businesses, product portfolios, and global footprints.
Key Target Audience
Gypsum Plaster Manufacturers, Gypsum Plaster Raw Material Suppliers, Gypsum Plaster Traders/Distributors, Regulatory & Government Bodies, Industry Associations, End Users and Others
Gypsum Plaster Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Gypsum Plaster Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Gypsum Plaster industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.