Global Gypsum Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Natural Gypsum and Synthetic Gypsum.

By Application;

Cement, Drywalls, Plaster, Soil Amendment Products, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn705240049 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Gypsum Market (USD Million), 2021 - 2031

In the year 2024, the Global Gypsum Market was valued at USD 8,709.25 million. The size of this market is expected to increase to USD 12,923.50 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The global gypsum market is an expansive and dynamic sector driven by the increasing demand for gypsum-based products in various construction and industrial applications. Gypsum, a naturally occurring mineral, is primarily used in the construction industry for the production of plaster, drywall, and other building materials. Its fire-resistant properties, ease of installation, and versatility make it a preferred choice in the construction of both residential and commercial buildings. Additionally, gypsum plays a critical role in agriculture, where it is used as a soil conditioner and as a component in various fertilizers.

Over the past decade, the global gypsum market has experienced significant growth, fueled by rapid urbanization and infrastructural development, particularly in emerging economies. The rise in construction activities, driven by population growth and increasing infrastructure investments, has led to a surge in demand for gypsum products. The market is also influenced by technological advancements in gypsum processing and the development of innovative products, which enhance the material’s performance and sustainability. The shift towards green building practices and eco-friendly materials has further bolstered the demand for gypsum as a sustainable and energy-efficient building material.

Geographically, the gypsum market is diverse, with substantial growth observed in regions such as Asia Pacific, North America, and Europe. Asia Pacific, in particular, stands out as a major contributor to market growth due to its rapidly expanding construction industry and increasing urbanization. North America and Europe also contribute significantly to the market, driven by ongoing renovations and the need for sustainable building solutions. As the global construction industry continues to evolve, the gypsum market is expected to see sustained growth, with emerging trends such as the integration of recycled gypsum and innovations in product applications shaping the future of the industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Gypsum Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization
        2. Infrastructure Development
        3. Sustainable Construction
        4. Renovation Projects
      2. Restraints
        1. Environmental Regulations
        2. Fluctuating Raw Material Costs
        3. Supply Chain Disruptions
        4. Market Competition
      3. Opportunities
        1. Green Building Initiatives
        2. Emerging Markets
        3. Recycling Technologies
        4. Product Innovation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Gypsum Market, By Product Type, 2021 - 2031 (USD Million)
      1. Natural Gypsum
      2. Synthetic Gypsum
    2. Global Gypsum Market, By Application, 2021 - 2031 (USD Million)
      1. Cement
      2. Drywalls
      3. Plaster
      4. Soil Amendment Products
      5. Others
    3. Global Gypsum Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Knauf Gips KG
      2. Saint-Gobain
      3. Boral Limited
      4. National Gypsum Company (U.S.)
      5. Lafarge
      6. Yoshino Gypsum Co., Ltd.
      7. Beijing New Building Materials PLC
      8. Mada Gypsum
      9. National Gypsum (Saudi Arabia)
      10. JONOUB Gypsum
  7. Analyst Views
  8. Future Outlook of the Market