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

By Plaster System;

Manually-applied Plaster, Machine-applied Plaster, and Finishes.

By Synthetic Gypsum ;

Natural Gypsum and Synthetic Gypsum.

By Application;

Residential, Non-residential, Hospitality, Health Care, Educational Institutes, Offices Spaces, Others (Including Religious Buildings and etc.).

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn113601227 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Gypsum Plaster Market (USD Million), 2021 - 2031

In the year 2024, the Global Gypsum Plaster Market was valued at USD 470.50 million. The size of this market is expected to increase to USD 590.56 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.3%.

The global gypsum plaster market has experienced significant growth over the past decade, driven by increasing demand from the construction and renovation sectors. Gypsum plaster, known for its excellent fire resistance, durability, and ease of application, is widely used in residential, commercial, and industrial buildings. Its versatility in enhancing the aesthetic appeal and functionality of interiors has made it a preferred choice for both new construction and refurbishment projects. As urbanization and infrastructure development continue to surge globally, the demand for gypsum plaster is expected to expand, bolstering market growth.

The market is characterized by a diverse range of product types, including traditional gypsum plaster, ready-mixed gypsum plaster, and specialized formulations such as water-resistant and lightweight variants. Innovations in product formulations and manufacturing processes are enhancing the performance and sustainability of gypsum plaster. Key players in the industry are focusing on technological advancements to improve the quality and application efficiency of their products, which is further fueling market expansion. Additionally, the integration of eco-friendly practices and the development of green building materials are becoming increasingly important in shaping market dynamics.

Geographically, the global gypsum plaster market is influenced by regional construction trends and economic conditions. Emerging economies in Asia-Pacific, the Middle East, and Africa are witnessing rapid urban development, driving substantial demand for gypsum plaster. Conversely, mature markets in North America and Europe are experiencing steady growth, with a focus on renovation and energy-efficient building solutions. As the market continues to evolve, stakeholders must navigate regional variations and consumer preferences to capitalize on emerging opportunities and sustain competitive advantage.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Plaster System
    2. Market Snapshot, By Synthetic Gypsum
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Gypsum Plaster Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization
        2. Infrastructure Development
        3. Construction Growth
        4. Aesthetic Appeal
      2. Restraints
        1. Volatile Raw Material Prices
        2. Environmental Regulations
        3. High Installation Costs
        4. Competition from Alternatives
      3. Opportunities
        1. Green Building Trends
        2. Technological Advancements
        3. Emerging Markets
        4. Renovation and Remodeling
    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 Plaster Market, By Plaster System, 2021 - 2031 (USD Million)
      1. Manually-applied Plaster
      2. Machine-applied Plaster
      3. Finishes
    2. Global Gypsum Plaster Market, By Synthetic Gypsum , 2021 - 2031 (USD Million)
      1. Natural Gypsum
      2. Synthetic Gypsum
    3. Global Gypsum Plaster Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Non-residential
      3. Hospitality
      4. Health Care
      5. Educational Institutes
      6. Offices Spaces
      7. Others (including religious buildings, etc.)
    4. Global Gypsum Plaster 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. Saint-Gobain S.A.
      2. Knauf Gips KG
      3. Global Gypsum Company Ltd.
      4. USG Boral Building Products Pte. Limited
      5. LafargeHolcim Ltd
      6. YOSHINO GYPSUM CO., LTD.
      7. VANS Gypsum Pvt. Ltd
      8. Georgia-Pacific Gypsum LLC
      9. VG-ORTH GmbH & Co. KG
      10. La Maruxia
      11. N.K.V. Gypsum Plaster Company Limited
      12. Winstone Wallboards Ltd.
      13. SANKHLA BROTHERS
      14. Sam Gypsum Private Limited
      15. Escayescos
  7. Analyst Views
  8. Future Outlook of the Market