GLOBAL GYPSUM PLASTER MARKET

INTRODUCTION

Dry POP powder hardens when combined with water. Gypsum plaster is the name of the substance that can be used to create a smooth surface on top of brick, block, or concrete surfaces.

Prior to painting, a 6 mm coat of POP punning (gypsum plaster) is typically put on top of cement plaster to give it a smooth finish. This two-stage procedure calls for the on-site mixing of several components, including sand, cement, and water.

A single coat of gypsum plaster applied directly to the surface is gradually taking the place of this procedure. Ready-made POP powder is combined with water and applied directly to the wall in gypsum plaster. Any type of brick, solid or hollow block, AAC block, and plaster board can be immediately covered in gypsum plaster.

Gypsum plaster is impact and fire resistant, and has strong insulating qualities. Additionally, gypsum has a superior finish and saves a lot of time during building. These features have undeniably influenced home builders and contractors to prefer gypsum plaster to conventional cement plaster.

Gypsum plaster has become more popular among builders and contractors due to its excellent quality and time-saving qualities. Gypsum plaster has a number of benefits, including:

Gypsum can be put directly over brick or block work without the need for additional finishing. Gypsum plaster is also very simple to apply and level.No Shrinkage Cracks: Compared to cement and water, gypsum reaction generates less heat.

Consequently, gypsum plaster has fewer shrinkage cracks than typical cement plaster. Gypsum sets quickly (i.e., in less than 25 to 30 minutes). Therefore, 72 hours after gypsum plaster application, painting may begin. Before painting, the plaster must be completely dry.

GLOBAL GYPSUM PLASTER MARKET SIZE AND FORECAST

The Global Gypsum plaster market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

JKC GypsoMaxX, the newest addition to the JKC Ltd. product line, is a premium gypsum plaster created from the finest type of natural gypsum. It is a high-end base coat created as a consequence of the controlled calcination of raw gypsum in specialized manufacturing facilities.

JKC GypsoMaxX is appropriate for use on interior surfaces, such as walls and ceilings.Gypsum-based JKC PlastoMaxX is a one-coat plaster that may be applied to concrete, brick, and block surfaces.

Its ß-hemihydrate formulation, which is based on vermiculite, guarantees working and setting qualities. The plaster's workability, coverage.application, and post-use behavior are all improved by its lightweight quality, which also gives the surface a smooth, matte finish that prepares it for painting.

RECENT PARTNERSHIPS

The gypsum plaster market has witnessed several notable partnerships in recent times, as companies seek to enhance their product offerings, expand their market reach, and leverage synergies for mutual growth.

Two leading players in the gypsum plaster industry, Saint-Gobain and Knauf, joined forces to create a joint venture. The partnership aimed to combine their expertise and resources to develop innovative gypsum plaster products and solutions. The collaboration enabled both companies to strengthen their market position and offer a broader range of high-quality products to customers worldwide.

USG Corporation and Boral Limited entered into a strategic partnership to form a gypsum plaster manufacturing and distribution joint venture in Asia, Australasia, and the Middle East.

The partnership brought together USG Corporation's extensive experience in gypsum-based products and Boral Limited's strong presence in the Asia-Pacific region. This collaboration allowed them to optimize production capabilities, expand their product portfolio, and cater to the growing demand for gypsum plaster in these regions.

Etex Group, a global building materials company, and LafargeHolcim, a leading cement and aggregates producer, announced a partnership in 2021 to develop innovative lightweight gypsum plaster solutions.

The collaboration aimed to combine Etex's expertise in lightweight construction materials with LafargeHolcim's sustainable building solutions. The partnership focused on leveraging their complementary strengths to provide environmentally friendly gypsum plaster products that offer improved thermal and acoustic properties.

British Gypsum, a subsidiary of Saint-Gobain, and Siniat, part of the Etex Group, formed a partnership to enhance the availability of sustainable gypsum plaster solutions in the United Kingdom.

The collaboration aimed to streamline the supply chain, improve product availability, and promote sustainable construction practices. By combining their distribution networks and product portfolios, the partnership aimed to offer customers a wider range of high-quality gypsum plaster products and efficient service.

National Gypsum Company and CertainTeed, both prominent players in the gypsum plaster industry, announced a strategic alliance to strengthen their market presence in North America.

The partnership focused on optimizing manufacturing processes, expanding product offerings, and enhancing customer service. By leveraging their combined resources and expertise, the companies aimed to deliver innovative gypsum plaster solutions to meet the evolving needs of the construction industry in the region.These partnerships in the gypsum plaster market signify the industry's commitment to collaboration, innovation, and customer-centricity. 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Gypsum plaster are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Gypsum plaster and key vendor selection criteria
3. Where is the Gypsum plaster manufactured? What is the average margin per unit?
4. Market share of Global Gypsum plaster market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Gypsum plaster in-house
6. key predictions for next 5 years in Global Gypsum plaster market
7. Average B-2-B Gypsum plaster market price in all segments
8. Latest trends in Gypsum plaster market, by every market segment
9. The market size (both volume and value) of the Gypsum plaster market in 2023-2030 and every year in between?
10. Production breakup of Gypsum plaster market, by suppliers and their OEM relationship