India Gypsum Plaster Market By Application (Red Bricks, Concrete Blocks, RCC Surface, Sand Cement), By Packaging Size (Up to 5 Kg, 5-10 Kg, 10-20 Kg, 20-25 Kg, Above 25 Kg), By End Use (Residential, Offices , Retail, Industrial, Schools, Transport, Hospitality, Hospitals, Others), By Region, Forecast & Opportunities, 2030

As on date of publishing, this report will capture the impact assessment of COVID-19 on this market and the same will be considered in our market forecast model. Clients purchasing this report between April and June 2020 will be getting a ‘free’ updated market data excel sheet between July and September 2020 accounting for the impact of COVID-19 on the market in the current year 2020 and forecast.

India gypsum plaster market was valued INR 440.36 crore in 2020 and is forecast to reach INR 612.95 crore, growing at a CAGR of 5.81% during the forecast period. Key factors propelling the growth of India gypsum plaster market include robust infrastructural growth, thriving cement industry and increasing demand for ceramic products. The Indian government has introduced 100% Foreign Direct Investment (FDI) for gypsum products, which is acting as a major driving force for India gypsum plaster market. The increased FDI inflows in gypsum market has brough a significant growth in gypsum plaster market in the past few years. Furthermore, innovations and new trends across construction industry has led to increasing traction of gypsum plaster in Indian market. Also, the advantage of gypsum plaster over conventional plastering methods like sand cement plastering is augmenting the market growth.

India gypsum plaster market is segmented based on application, packaging size, end use and zone. Based on end use, the market can be segmented into residential, offices, retail, industrial, schools, transport, hospitality, hospitals and others. Among them, residential sector witnessed significant CAGR in 2019 and is further expected to dominate the market growth through 2030, which can be attributed to rising demand for housing across all regions, leading to rapid construction activities. Moreover, gypsum plaster when combined with water, becomes malleable and easy to shape. This is why builders and construction companies are increasingly preferring to use gypsum plasters for molding of interior design elements and sculptural forms.

Major players operating in India gypsum plaster market include JK Lakshmi Cement Ltd, Saint-Gobain Gyproc India, Sakarni Plaster (India) Private Limited, Shriram Cement Works, TMC Gypsum India Ltd, Walplast Products Pvt. Ltd., India Gypsum Pvt Ltd, Kaya Maya Industries, V V Paiint Inc and TMC Gypsum India Ltd., among others. The market players are undergoing partnerships, mergers & acquisitions and joint ventures as their key growth strategies.

Years considered for this report:

Historical Years: 2015-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2030

Objective of the Study:

• To analyze and estimate the market size of India gypsum plaster market from 2015 to 2019.
• To estimate and forecast the market size of India gypsum plaster market from 2020 to 2030 and growth rate until 2030.
• To classify and forecast India Gypsum Plaster market based on application, packaging size, end use, company and regional distribution.
• To identify dominant region or segment in the India gypsum plaster market.
• To identify drivers and challenges for India gypsum plaster market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India gypsum plaster market.
• To identify and analyze the profile of leading players operating in India gypsum plaster market.
• To identify key sustainable strategies adopted by market players in India gypsum plaster market.

Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of gypsum plaster manufacturers across India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of India gypsum plaster market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Gypsum plaster manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to gypsum plaster
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as gypsum plaster manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India gypsum plaster market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• India Gypsum Plaster Market, By Application:
• Red Bricks
• Concrete Blocks
• RCC Surface
• Sand Cement
• India Gypsum Plaster Market, By Packaging Size:
• Up to 5 Kg
• 5-10 Kg
• 10-20 Kg
• 20-25 Kg
• Above 25 Kg
• India Gypsum Plaster Market, By End Use:
• Residential
• Offices
• Retail
• Industrial
• Schools
• Transport
• Hospitality
• Hospitals
• Others
• India Gypsum Plaster Market, By Zone:
• North
• South
• East
• West
• Centre

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India gypsum plaster market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information