India Gypsum Plaster Market (2024-2030) Outlook | Trends, Share, Analysis, Growth, Revenue, Forecast, Companies, Size, Industry & Value

Market Forecast By Plaster System (Manually-applied Plaster, Machine-applied Plaster, Finishes), By Raw Material (Natural Gypsum, Synthetic Gypsum), By End-use (Residential, Non-residential) And Competitive Landscape
Product Code: ETC101863 Publication Date: Aug 2023 Updated Date: Apr 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Gypsum Plaster Market Shipment Analysis

India Gypsum Plaster Market registered a decline of -0.31% in value shipments in 2022 as compared to 2021 and an increase of 3.36% CAGR in 2022 over a period of 2017. In Gypsum Plaster Market India is becoming less competitive as HHI index in 2022 was 6897 while in 2017 it was 3356. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Gypsum Plaster Market.

India Gypsum Plaster Market Competition 2023


India Export Potential Assessment For Gypsum Plaster Market (Values in Thousand)


India Gypsum Plaster Market Synopsis

The India gypsum plaster market is expected to grow at a CAGR of around 8.2%, during the forecast period. The growing demand from residential and commercial construction for wall finishing materials, increasing awareness about energy efficiency in homes, rising middle-class population and rapid urbanization are among the key factors driving the growth of this market.

Market Drivers

The government initiatives such as Housing for All by 2022 Scheme and Pradhan Mantri Awas Yojana (PMAY) are further propelling the expansion of this market. Moreover, technological advancement in building material industry along with introduction of innovative products such as insulated gypsum boards will create new opportunities for players operating in India Gypsum Plaster Market.Additionally, low cost of raw materials coupled with high production capacity is likely to propel growth prospects over the years ahead.

Challenges of the Market

There are some challenges which may hinder this market???s potential growth rate including stringent environmental regulations regarding usage of chemicals based on VOC compounds present in plasters used indoors and lack of availability skilled labor workforce involved in installing these products thus making them more expensive than other options like cement based products or even tiles etc. In addition to that fluctuating prices due to import dependency on China & Thailand also act as deterrents limiting its overall adoption across different end use segments..

Key Players in the Market

Major players operating in India Gypsum Plaster Market are Saint Gobain Construction Products India Pvt Ltd., JK Lakshmi Cement Ltd., Ramco Industries Limited, Birla Corporation Limited, Everest Industries LTD., Nilkanth Exports & Imports Pvt Ltd., Ultratech Cement Limited and others.

Key Highlights of the Report:

  • India Gypsum Plaster Market Outlook
  • Market Size of India Gypsum Plaster Market, 2020
  • Forecast of India Gypsum Plaster Market, 2027
  • Historical Data and Forecast of India Gypsum Plaster Revenues & Volume for the Period 2023 - 2027
  • India Gypsum Plaster Market Trend Evolution
  • India Gypsum Plaster Market Drivers and Challenges
  • India Gypsum Plaster Price Trends
  • India Gypsum Plaster Porter's Five Forces
  • India Gypsum Plaster Industry Life Cycle
  • Historical Data and Forecast of India Gypsum Plaster Market Revenues & Volume By Plaster System for the Period 2023 - 2027
  • Historical Data and Forecast of India Gypsum Plaster Market Revenues & Volume By Manually-applied Plaster for the Period 2023 - 2027
  • Historical Data and Forecast of India Gypsum Plaster Market Revenues & Volume By Machine-applied Plaster for the Period 2023 - 2027
  • Historical Data and Forecast of India Gypsum Plaster Market Revenues & Volume By Finishes for the Period 2023 - 2027
  • Historical Data and Forecast of India Gypsum Plaster Market Revenues & Volume By Raw Material for the Period 2023 - 2027
  • Historical Data and Forecast of India Gypsum Plaster Market Revenues & Volume By Natural Gypsum for the Period 2023 - 2027
  • Historical Data and Forecast of India Gypsum Plaster Market Revenues & Volume By Synthetic Gypsum for the Period 2023 - 2027
  • Historical Data and Forecast of India Gypsum Plaster Market Revenues & Volume By End-use for the Period 2023 - 2027
  • Historical Data and Forecast of India Gypsum Plaster Market Revenues & Volume By Residential for the Period 2023 - 2027
  • Historical Data and Forecast of India Gypsum Plaster Market Revenues & Volume By Non-residential for the Period 2023 - 2027
  • India Gypsum Plaster Import Export Trade Statistics
  • Market Opportunity Assessment By Plaster System
  • Market Opportunity Assessment By Raw Material
  • Market Opportunity Assessment By End-use
  • India Gypsum Plaster Top Companies Market Share
  • India Gypsum Plaster Competitive Benchmarking By Technical and Operational Parameters
  • India Gypsum Plaster Company Profiles
  • India Gypsum Plaster Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Gypsum Plaster Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Gypsum Plaster Market Revenues & Volume, 2020 & 2027F

3.3 India Gypsum Plaster Market - Industry Life Cycle

3.4 India Gypsum Plaster Market - Porter's Five Forces

3.5 India Gypsum Plaster Market Revenues & Volume Share, By Plaster System, 2020 & 2027F

3.6 India Gypsum Plaster Market Revenues & Volume Share, By Raw Material, 2020 & 2027F

3.7 India Gypsum Plaster Market Revenues & Volume Share, By End-use, 2020 & 2027F

4 India Gypsum Plaster Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Gypsum Plaster Market Trends

6 India Gypsum Plaster Market, By Types

6.1 India Gypsum Plaster Market, By Plaster System

6.1.1 Overview and Analysis

6.1.2 India Gypsum Plaster Market Revenues & Volume, By Plaster System, 2018 - 2027F

6.1.3 India Gypsum Plaster Market Revenues & Volume, By Manually-applied Plaster, 2018 - 2027F

6.1.4 India Gypsum Plaster Market Revenues & Volume, By Machine-applied Plaster, 2018 - 2027F

6.1.5 India Gypsum Plaster Market Revenues & Volume, By Finishes, 2018 - 2027F

6.2 India Gypsum Plaster Market, By Raw Material

6.2.1 Overview and Analysis

6.2.2 India Gypsum Plaster Market Revenues & Volume, By Natural Gypsum, 2018 - 2027F

6.2.3 India Gypsum Plaster Market Revenues & Volume, By Synthetic Gypsum, 2018 - 2027F

6.3 India Gypsum Plaster Market, By End-use

6.3.1 Overview and Analysis

6.3.2 India Gypsum Plaster Market Revenues & Volume, By Residential, 2018 - 2027F

6.3.3 India Gypsum Plaster Market Revenues & Volume, By Non-residential, 2018 - 2027F

7 India Gypsum Plaster Market Import-Export Trade Statistics

7.1 India Gypsum Plaster Market Export to Major Countries

7.2 India Gypsum Plaster Market Imports from Major Countries

8 India Gypsum Plaster Market Key Performance Indicators

9 India Gypsum Plaster Market - Opportunity Assessment

9.1 India Gypsum Plaster Market Opportunity Assessment, By Plaster System, 2020 & 2027F

9.2 India Gypsum Plaster Market Opportunity Assessment, By Raw Material, 2020 & 2027F

9.3 India Gypsum Plaster Market Opportunity Assessment, By End-use, 2020 & 2027F

10 India Gypsum Plaster Market - Competitive Landscape

10.1 India Gypsum Plaster Market Revenue Share, By Companies, 2020

10.2 India Gypsum Plaster Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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