GLOBAL GYPSUM INDUSTRY

The gypsum market is predicted to grow at a 4.10 percent annual rate. Gypsum is widely employed in the production of plaster of Paris, wallboard, and cement, as well as in Portland cement as a hardening retarder. It’s commonly used to change the composition and formation of heavy clay soils, especially those that have been severely weathered as a result of intensive crop cultivation. The gypsum market is expected to grow rapidly, owing to rising disposable income and technological advancements in gypsum projects in the broader building industry. Furthermore, the construction sector has been driven by the high adoption of digital solutions and rising spending on technological advancements. As a result, cement and drywall production has increased, expanding the scope for gypsum application and acting as a key determinant favouring market growth.

ENTREPRENEURIAL OPPORTUNITIES

The rising trend of single-family and multi-family house constructions, rapid urban migration in major economies, and increased government spending in the real estate market for residential construction coupled with the growing demand for high-class residential homes are the major factors driving the growth of the gypsum market. Aside from that, rising real estate prices, notably the construction of single-family homes and multistory apartments in emerging economies, are driving the gypsum industry. The rapidly growing urban population, combined with an increased demand for housing, is aiding the market’s expansion. On the other hand, the reason gypsum has become such a popular substance is that it is superior in terms of detail reproduction and dimensional consistency, as well as being a low-cost material, all of which contribute to the target market’s rapid expansion. Moreover, several market companies are investing in R&D to develop products specifically for interior decorative applications with the addition of design and textures, which would provide the gypsum market with a variety of development potential.

GYPSUM-BASED PRODUCTS MARKET

Global Gypsum Plasterboard The global plasterboard market is expected to grow at a rate of more than 5% each year. Because of their exceptional quality, low cost, and ease of installation, the building industry has increased its need for plasterboards. Plasterboard is made out of an inner layer of gypsum sandwiched between two outer layers of lining paper, with different additives added to the gypsum layer and the lining paper’s additives, weight, and strength varied. The market is divided into two types: square-edged and tapered. The completed board has unique qualities such as sound and heat insulation, impact resistance, and moisture resistance in bathrooms and kitchens. The market’s expansion is being aided by increased demand for fire-resistant construction materials and strong demand for dry construction methods over wet construction methods.

Gypsum Board: The worldwide gypsum board market is predicted to increase at a CAGR of 11.8 percent over the next five years. Product demand is likely to be driven by rising demand from the residential building sector, as well as rising consumer spending on modern construction materials. The rapidly increasing construction industry in major economies including China, India, Brazil, Mexico, South Africa, and Russia is likely to fuel market expansion. Furthermore, as the spectrum of new applications in the construction sector expands, product demand is expected to rise.

Gypsum Ceiling Tiles: In the residential, commercial, and industrial sectors, Gypsum Ceiling Tiles are used to adorn the interior and exterior. These tiles are also available as vinyl and PVC laminated tiles, which offer benefits such as ease of maintenance, excellence, and a smooth finish. Because of qualities such as low weight, high strength, antibacterial, fireproofing, sound insulation, and high ductility, the worldwide gypsum ceiling tile market is being pushed by rising demand for products in the construction of green buildings. In the future years, an increase in the number of upcoming building projects in developed and emerging economies is expected to drive market expansion. The availability of substitutes and the expense of gypsum ceiling tiles, on the other hand, may limit market expansion in the near future. The increasing use of gypsum ceiling tiles for aesthetic purposes is expected to drive market expansion. The worldwide gypsum ceiling tiles market has been dominated by the commercial segment, which is predicted to rise at a healthy CAGR.

INDIA GYPSUM INDUSTRY

Gypsum consumption in India is expected to expand at a CAGR of roughly 6.5 percent in the coming years. The India gypsum market is expected to increase significantly in the coming years, thanks to rising demand from industries such as construction, ceramics, and cement. The government is also supporting the business by enabling gypsum goods to receive up to 100 percent foreign direct investment (FDI). As a result, FDI inflows into India’s gypsum products business have increased significantly in recent years. Furthermore, the country’s gypsum consumption is rapidly increasing as a result of continuous rapid infrastructure construction. To meet this rising demand, Indian cement companies are eyeing international gypsum mine purchases as a viable option. As a result, the country’s gypsum consumption is expected to skyrocket.

TOP PLAYERS WORLDWIDE

• Architectural Surfaces
• Armstrong
• DAIKEN Corporation
• Georgia-Pacific LLC
• Gordon Incorporated
• Grenzebach BSH
• Gulf Gypsum Co.
• Hunter Douglas
• Knauf AMF
• Knauf Gips KG
• LafargeHolcim Ltd.
• National Gypsum Company
• Norton Industries
• OWA Ceiling Systems
• Rockfon
• Saint-Gobain Gyproc
• SAS International
• Shanghai Simon Wall Ceiling
• Siniat
• Techno Ceiling
• USG Corporation
• Yoshino Gypsum
• Zhejiang Youpon Integrated Ceiling