PUBLISHER: Polaris Market Research | PRODUCT CODE: 1787045
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1787045
The gypsum market size is expected to reach USD 64.42 Billion by 2034, according to a new study by Polaris Market Research. The report "Gypsum Market Share, Size, Trends, Industry Analysis Report: By Form, By Product (Natural, Synthetic), By End User, and By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Gypsum is a widely used construction material derived from natural mineral deposits and industrial byproducts such as flue-gas desulfurization system. It is processed into products including drywalls, plasters, cement additives, and gypsum blocks for use across residential, commercial, and industrial construction.
Market growth is primarily supported by rising adoption of energy-efficient building materials, national affordable housing initiatives, and the growing use of synthetic gypsum to reduce environmental impact and promote circular resource utilization.
In terms of product, the drywalls segment dominated the market in 2024. This is fueled by its wide-scale adoption in residential and commercial interior systems.
Based on end user, the residential segment is projected to reach significant revenue share by 2034, due to rapid housing construction growth in Asia Pacific and Latin America.
Asia Pacific accounted for the majority share of the global gypsum market in 2024, driven by urbanization, low-cost housing programs, and regional gypsum availability.
North America is expected to witness fastest growth during the forecast period, due to renovation demand and widespread adoption of synthetic gypsum derived from industrial emissions.
A few global key market players include Saint-Gobain S.A., Knauf Gips KG, Etex Group, Georgia-Pacific LLC, National Gypsum Company, LafargeHolcim Ltd., Yoshino Gypsum Co., Ltd., Gypsemna Co. LLC, American Gypsum Company LLC, Shandong Baier Building Materials Co., Ltd., Gyptech, and Volma Corporation.
Polaris Market Research has segmented the market report on the basis of form, product, end user, and region:
By Form Outlook (Revenue, USD Billion, 2020-2034)
Natural
Synthetic
By Product Outlook (Revenue, USD Billion, 2020-2034)
Cement
Drywalls
Plaster
Soil Amendment
Gypsum Blocks
Others
By End User Outlook (Revenue, USD Billion, 2020-2034)
Residential
Commercial & Institutional
Industrial
By Regional Outlook (Revenue, USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America