Gypsum Market Size, Share, Trends, Growth Report and Outlook 2030

Gypsum Market Report: Market

The global gypsum market is expected to reach USD 3,784.96 million by the end of 2030, from its estimated value of USD 2,610.87 million in 2022, according to a report released by Zion Market Research. Over the course of the projection period, the market is anticipated to rise at a CAGR of 4.75%.

The study examines the factors driving and impeding the growth of the global gypsum market as well as their effects on demand over the projected timeframe. Additionally, it will support exploration and navigation of the emerging opportunities in the Gypsum Market Industry.

Gypsum Market

Global Gypsum Market: Overview

Gypsum is frequently used in the manufacturing of numerous building supplies. It helps regulate how quickly cement hardens. Additionally, it’s utilized in the production of wallboard, cement, and plaster of Paris. The increased usage of this product as a soil conditioner has resulted in a notable increase in demand. It assists in modifying the composition and structure of heavy clay soils, especially those that have undergone significant weathering as a result of intense agricultural production methods. It contributes to increased agricultural output and improved fertility.

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Global Gypsum Market: Growth Factors

Because single- and multi-family home styles are on the rise, the worldwide gypsum market is expected to develop due to the rising demand from the residential construction industry and rising consumer expenditure on sophisticated materials for construction activities. The market is expanding as a result of the building sector’s quick expansion and the growing use of gypsum in construction projects worldwide. The ability of the product to offer unique textures and designs on its surface, coupled with the growing desire for aesthetically pleasing home renovations in infrastructures, is anticipated to fuel the growth of the global gypsum market.

The main purpose of wallboards and ceiling boards is to enhance the interiors of both residential and commercial structures. The worldwide gypsum industry is expected to rise as a result of rising urbanization in developing nations and increased government support for residential building in the real estate sector. Furthermore, manufacturers’ increasing attention to upscale residential and commercial spaces is probably going to positively influence the growth trajectory of the worldwide gypsum market. Leading industry participants are focusing on increasing production capabilities in addition to introducing gypsum boards to improve the strength and durability in order to increase their customer base. Increased R&D efforts to enhance the functionality and introduction of novel goods are supporting the global market expansion.

Global Gypsum Market: Segmentation

There are three segments in the global gypsum market: application, product, and region. The market can be divided into pre-engineered metal buildings, commercial, industrial, institutional, and residential segments based on the applications. Because of the world’s increasing urbanization and the need for more contemporary and visually pleasing materials for infrastructure, the residential sector currently accounts for the greatest proportion of the gypsum market worldwide. Additionally, there are more materials used in non-environmental construction projects. The extensive usage of gypsum in PEBs for roofing and exterior wall applications is also greatly propelling the market’s expansion.The pre-decorated board, ceiling board, wallboard, and other products are the different product segments that make up the market. Because wallboard is in high demand as a plaster, it makes up the largest portion of the market.

Global Gypsum Market: Regional analysis

Due to the region’s rapidly expanding construction industry and high demand for gypsum in a variety of applications, North America holds the greatest share of the worldwide gypsum market. Growing costs associated with both residential and commercial building are creating a wealth of profitable options in the area. Asia Pacific is expected to hold a dominant position in the global gypsum market because of the rise in building projects in developing nations like China and India. Furthermore, the expansion of regional markets is being fueled by the government’s increased backing.The Middle East and Africa are becoming a promising area in the global gypsum market because of the growing investments made by various market participants and governments to support the building sector.

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Global Gypsum Market: Competitive Players

Some of the significant players in the global gypsum market are:

  • Georgia-Pacific Gypsum LLC
  • Lafarge Holcim
  • National Gypsum
  • USG Corporation
  • Gulf Gypsum Co.
  • Knauf
  • Saint-Gobain Gyproc
  • United Mining Industries
  • National Gypsum Company
  • AYHACO Gypsum Products Manufacturing
  • Osman Group
  • VANS Gypsum
  • Gulf Gypsum Industrial
  • Global Mining Company
  • Gypsemna
  • Mada Gypsum
  • LafargeHolcim
  • Etex Group
  • LLC
  • Boral
  • Saint Gobain
  • Knauf Gips KG


The Global Gypsum Market: Segmentation

By Application:

  • Institutional
  • Commercial
  • Industrial
  • Residential
  • Pre-engineered Metal Buildings


By Product:

  • Pre-decorated Board
  • Ceiling Board
  • Wallboard
  • Others


By Region:

  • North AmericaThe U.S.Canada
  • EuropeFranceThe UKSpainGermanyItalyRest of Europe
  • Asia PacificChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific
  • Latin AmericaBrazilMexicoRest of Latin America
  • Middle East & AfricaGCCSouth AfricaRest of Middle East & Africa


What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.


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