PUBLISHER: The Business Research Company | PRODUCT CODE: 1769972
PUBLISHER: The Business Research Company | PRODUCT CODE: 1769972
Gypsum concrete is a construction material made from a blend of gypsum plaster, Portland cement, and sand, primarily used as a floor underlayment. It offers excellent fire resistance, sound insulation, and a smooth base for floor finishes. Widely used in commercial buildings and multifamily housing, it is appreciated for its rapid setting time and ease of application.
The primary types of gypsum concrete are poured gypsum concrete and precast gypsum concrete. Poured gypsum concrete is a lightweight, quick-setting compound made from gypsum plaster, commonly used as a floor underlayment. It is applied across various types of buildings, including residential, commercial, industrial, and infrastructure projects. Its uses span floor underlayment, architectural features, repair and maintenance, and other applications. The primary end-user sectors include construction, healthcare, education, retail, aerospace, and defense.
The gypsum concrete market research report is one of a series of new reports from The Business Research Company that provides gypsum concrete market statistics, including the gypsum concrete industry global market size, regional shares, competitors with the gypsum concrete market share, detailed gypsum concrete market segments, market trends, and opportunities, and any further data you may need to thrive in the gypsum concrete industry. This gypsum concrete market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The gypsum concrete market size has grown strongly in recent years. It will grow from $1.95 billion in 2024 to $2.08 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%.The growth during the historic period can be attributed to an increase in multifamily housing developments, the expansion of commercial real estate, a surge in renovation activities, a growing emphasis on acoustic performance, and the improved affordability of gypsum-based products.
The gypsum concrete market size is expected to see strong growth in the next few years. It will grow to $2.65 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%.The projected growth in the forecast period can be attributed to the expansion of green building certification programs, increasing demand for lightweight construction materials, a stronger focus on fire safety regulations, heightened awareness of noise pollution, and rising disposable incomes. Key trends expected during this period include technological innovations, advanced formulations for improved performance, the development of sustainable and eco-friendly solutions, integration with modern construction methods, and compatibility with underfloor heating systems.
The growth of construction activities is expected to significantly boost the gypsum concrete market in the coming years. Construction activities involve the development of infrastructure, residential, and commercial buildings, directly influencing the demand for materials such as gypsum concrete. The increase in construction is driven by infrastructure projects aimed at enhancing transportation systems, utilities, and public services to support urbanization and economic development. Gypsum concrete plays a key role in construction by serving as a floor underlayment that offers a smooth, fire-resistant, and sound-insulating surface for various flooring installations. For example, in February 2023, the UK's Office for National Statistics reported a 5.6% year-over-year increase in total annual construction output in 2022, spurred by a 3.8% rise in new construction and an 8.5% increase in repair and maintenance work. As a result, growing construction activity is expected to drive demand in the gypsum concrete market.
Leading players in the gypsum concrete market are focusing on construction innovations such as re-sequencing workflows to enhance productivity, reduce labor costs, and shorten project timelines. Re-sequencing workflows involves reorganizing the order of construction processes to streamline operations and minimize delays. For instance, in January 2023, Formulated Materials, a U.S.-based gypsum cement manufacturer, launched its gypsum-before-drywall system tailored for multifamily construction. Utilizing Treadstone Elite with FR25 or FR30, this solution allows for workflow re-sequencing that can shave 10-14 days off project schedules and reduce overall costs. The system increases pour speed, improves leveling, minimizes prep work, and lowers mold risk, delivering cross-trade efficiency benefits for drywall and flooring teams.
In November 2024, Fortress Investment Group, a U.S.-based real estate investment firm, acquired Gyptech Systems Private Limited for an undisclosed sum. The acquisition is part of Fortress's strategy to reinforce its presence in the building materials industry by leveraging Gyptech Systems' capabilities in gypsum and roofing equipment manufacturing. This move aims to support the company's growth in sustainable construction solutions. Gyptech Systems Private Limited is an India-based manufacturer of gypsum concrete.
Major players in the gypsum concrete market are USG Corporation, Raubex Group Ltd, Accu-Crete, Formglas Products Ltd., Keene Building Products, MAXXON INC, ColoradoCrete Inc., Janes Gypsum Floors Inc, Hacker Industries Inc., Formulated Materials LLC, Flatline Floors, Harrison Gypsum, Strong Manufacturing, MAPEI SpA, Gyp-Fill Enterprise Inc., BuildSite, Mitharwal Gypsum & Pop Industries, Gypsum Arte, Nikhil Infra Projects Private Limited, Jai Mata Minerals.
North America was the largest region in the gypsum concrete market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in gypsum concrete report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the gypsum concrete market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The gypsum concrete market consists of sales of gypsum concrete products such as standard gypsum concrete mixes, high-performance gypsum concretegypsum-based self-leveling underlayment, and and and rapid-setting gypsum concrete. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Gypsum Concrete Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on gypsum concrete market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for gypsum concrete ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The gypsum concrete market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.