Global Gypsum Market Size, Share & Forecast 2025–2035
Market Overview
The global gypsum market is poised for substantial growth, with market valuation projected to rise from $8.85 billion in 2025 to $14.76 billion by 2035, reflecting a robust CAGR of 7.2% over the forecast period. This expansion is driven by increasing demand for gypsum in the construction sector, particularly for drywall, cement, and plaster applications. The shift towards sustainable construction materials and advancements in synthetic gypsum production further fuel market growth.
| Attributes | Details |
|---|---|
| Base Year Value (2025) | $8.85 billion |
| Forecast Market Value (2035) | $14.76 billion |
| Projected Growth Rate | CAGR of 7.2% (2025-2035) |
| Historical Data Range | 2018 to 2023 |
| Forecast Period | 2025 to 2035 |
| Quantitative Units | Revenue in USD Billion |
Key Drivers and Trends for Global Gypsum Market
- Booming Construction Industry:
- Rapid urbanization and infrastructure projects drive the demand for gypsum in residential, commercial, and industrial constructions.
- Increased Use of Synthetic Gypsum:
- Synthetic gypsum is gaining traction due to its eco-friendly production process and superior quality, offering a sustainable alternative to natural gypsum.
- Technological Advancements:
- Innovations in plasterboard and drywall technology enhance product performance and durability, contributing to increased adoption.
| Key Trends | Insights |
|---|---|
| Sustainable Materials | Rising preference for environmentally friendly products. |
| Technological Innovations | Development of high-strength and lightweight drywall. |
| Urbanization | Boost in residential and commercial construction. |
Market Segmentation for Global Gypsum Market
| Segment | Details |
|---|---|
| By Product Type | Natural Gypsum, Synthetic Gypsum |
| By Application | Cement, Drywall, Plaster, Soil Amendment, Gypsum Blocks, Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, Middle East & Africa |
Leading Regions of Global Gypsum Market
- Asia-Pacific: Dominates with a projected CAGR of 4.5%, driven by increasing construction activity in China and India.
- North America: Strong demand for drywall and plasterboards boosts regional growth.
- Europe: Stringent environmental regulations and sustainable construction practices propel market expansion.
Challenges and Restraining Factors for Global Gypsum Market
- Raw Material Price Volatility:
- Fluctuations in raw material costs affect production and profitability.
- Environmental Concerns:
- Mining activities for natural gypsum face regulatory scrutiny and environmental opposition.
- Moisture Sensitivity:
- High exposure to moisture can lead to product degradation, limiting its use in certain applications.
Competitive Landscape for Global Gypsum Market
Major Players:
- Knauf AG
- Saint-Gobain
- LafargeHolcim
- Yoshino Gypsum Co., Ltd.
- Georgia-Pacific
| Metric | Analysis |
|---|---|
| Revenue | Insights into market leaders. |
| Innovation | Focus on sustainable and high-performance products. |
| Market Share | Distribution across key regions. |
Contact our advisory team for more insights into established and emerging players.
Frequently Asked Questions (FAQs) for Global Gypsum Market
- What is the projected growth rate of the gypsum market?
- The gypsum market is expected to grow at a CAGR of 7.2% from 2025 to 2035.
- Which regions dominate the market?
- Asia-Pacific leads, followed by North America and Europe.
- What are the key applications driving demand?
- Cement, drywall, and plaster are the primary drivers.
- What are the challenges facing the gypsum market?
- Raw material price volatility, environmental concerns, and moisture sensitivity are key challenges.
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