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.



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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

Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on India Gypsum Plaster Market

4.    Executive Summary

5.    Voice of Customer

6.    India Gypsum Plaster Market Outlook

6.1.  Market Size & Forecast

6.1.1. By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Application (Red Bricks, Concrete Blocks, RCC Surface, Sand Cement)

6.2.2.     By Packaging Size (Up to 5 Kg, 5-10 Kg, 10-20 Kg, 20-25 Kg, Above 25 Kg)

6.2.3.     By End Use (Residential, Offices, Retail, Industrial, Schools, Transport, Hospitality, Hospitals, Others)

6.2.4.     By Zone (North, West A & B, Central, South and East)

6.2.5.     By Company (2020)

6.3.  Product Market Map

7.    North India Gypsum Plaster Market Outlook

7.1.  Market Size & Forecast

7.1.1. By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Packaging Size

7.2.2.     By End Use

7.2.3.     By State (Delhi, Haryana, Punjab, Rajasthan, Others)

7.3.  Competition Outlook

8.    South India Gypsum Plaster Market Outlook

8.1.  Market Size & Forecast

8.1.1. By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Packaging Size

8.2.2.     By End Use

8.2.3.     By State (Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana)

8.3.  Competition Outlook

9.    East India Gypsum Plaster Market Outlook

9.1.  Market Size & Forecast

9.1.1. By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Packaging Size

9.2.2.     By End Use

9.2.3.     By State (West Bengal, Odisha, North Eastern State)

9.3.  Competition Outlook

10.  West A India Gypsum Plaster Market Outlook

10.1.              Market Size & Forecast

10.1.1.   By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Packaging Size

10.2.2.  By End Use

10.2.3.  By State (Gujarat, Madhya Pradesh)

10.3.              Competition Outlook

11.  West B India Gypsum Plaster Market Outlook

11.1.              Market Size & Forecast

11.1.1.   By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Packaging Size

11.2.2.  By End Use

11.2.3.  By State (Maharastra, Chattisgarh, Goa)

11.3.              Competition Outlook

12.  Central India Gypsum Plaster Market Outlook

12.1.              Market Size & Forecast

12.1.1.   By Value & Volume

12.2.              Market Share & Forecast

12.2.1.  By Packaging Size

12.2.2.  By End Use

12.2.3.  By State (Bihar, Jharkhand, UP, Uttarakhand)

12.3.              Competition Outlook

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

14.  Market Trends & Development

15.  Import Export Analysis (Crushed Gypsum, Powder Gypsum)

16.  Policy & Regulatory Landscape

17.  Pricing Analysis (Domestic Vs Import)

18.  India Economic Profile

19.  Competitive Landscape

19.1.1.  JK Lakshmi Cement Ltd

19.1.2.  Saint-Gobain Gyproc India

19.1.3.  Sakarni Plaster (India) Private Limited

19.1.4.  Shriram Cement Works Ltd.

19.1.5.  TMC Gypsum India Ltd

19.1.6.  Walplast Products Pvt. Ltd.

19.1.7.  India Gypsum Pvt Ltd

19.1.8.  Kaya Maya Industries Limited

19.1.9.  V V Paiint Limited

19.1.10.                TMC Gypsum India Ltd

20.  Strategic Recommendations

21.  About us & Disclaimer

                                                                                                                         (Note: The companies list can be customized based on the client requirements.)

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures

    Figure 1:  India Gypsum Plaster Market Size, By Value (INR Crore), By Volume (Thousand Tonne),  2015-2030F

    Figure 2:  India Real Estate Market Size, 2008-2028F (INR Billion)

    Figure 3:  Urban Cities Proposed Under Housing for All Initiative in India, By Phase, As of 2019

    Figure 4:  India Construction Market Size, By Value, 2015-2025F (INR Billion)

    Figure 5: India Gypsum Plaster Market Share, By Application, By Value, 2015-2030F

    Figure 6:  India Gypsum Plaster Market Share, By Packaging, By Value, 2015-2030F

    Figure 7:  India Gypsum Plaster Market Share, By End User Industry, By Value, 2015-2030F

    Figure 8:   India Gypsum Plaster Market Share, By Zone, By Value, 2015-2030F

    Figure 9:  India Gypsum Plaster Market Share, By Zone, By Value, 2020 & 2030F

    Figure 10:  India Gypsum Plaster Market Share, By Company, By Value, 2020

    Figure 11:  Application Map on the basis of Market Size (INR Crore) & Growth Rate (%)

    Figure 12:  Packaging Map on the basis of Market Size (INR Crore) & Growth Rate (%)

    Figure 13:  End User Industry Map on the basis of Market Size (INR Crore) & Growth Rate (%)

    Figure 14:  Zone Map on the basis of Market Size (INR Crore) & Growth Rate (%)

    Figure 15:   South India Gypsum Plaster Market Size, By Value (INR Crore), By Volume (Thousand Tonne),  2015-2030F

    Figure 16:  India Total Commercial Space Demand, By Major City, 2020 (Million Sq. Feet)

    Figure 17: South India Gypsum Plaster Market Share, By Application, By Value, 2015-2030F

    Figure 18:  South India Gypsum Plaster Market Share, By Packaging, By Value, 2015-2030F

    Figure 19:  South India Gypsum Plaster Market Share, By End User Industry, By Value, 2015-2030F

    Figure 20:  South India Gypsum Plaster Market Share, By State, By Value, 2015-2030F

    Figure 21:  North India Gypsum Plaster Market Size, By Value (INR Crore), By Volume (Thousand Tonne), 2015-2030F

    Figure 22:  India Total Residential Space Demand, By Major City, 2012-2016F (Million Sq. Feet)

    Figure 23:  North India Gypsum Plaster Market Share, By Application, By Value, 2015-2030F

    Figure 24:  North India Gypsum Plaster Market Share, By Packaging, By Value, 2015-2030F

    Figure 25:   North India Gypsum Plaster Market Share, By End User Industry, By Value, 2015-2030F

    Figure 26:  North India Gypsum Plaster Market Share, By State, By Value, 2015-2030F

    Figure 27:  West B India Gypsum Plaster Market Size, By Value (INR Crore), By Volume (Thousand Tonne),  2015-2030F

    Figure 28:  Growth in Infrastructure Activities, By Sector, 2018-19 (%)

    Figure 29:  West B India Gypsum Plaster Market Share, By Application, By Value, 2015-2030F

    Figure 30:  West B India Gypsum Plaster Market Share, By Packaging, By Value, 2015-2030F

    Figure 31: West B India Gypsum Plaster Market Share, By End User Industry, By Value, 2015-2030F

    Figure 32:   West B India Gypsum Plaster Market Share, By State, By Value, 2015-2030F

    Figure 33:  West A India Gypsum Plaster Market Size, By Value (INR Crore), By Volume (Thousand Tonne),  2015-2030F

    Figure 34:  Housing Shortage in Urban and Rural India, 2010, 2015 and 2025 (Million Units)

    Figure 35: West A India Gypsum Plaster Market Share, By Application, By Value, 2015-2030F

    Figure 36:  West A India Gypsum Plaster Market Share, By Packaging, By Value, 2015-2030F

    Figure 37:  West A India Gypsum Plaster Market Share, By End User Industry, By Value, 2015-2030F

    Figure 38:  West A India Gypsum Plaster Market Share, By State, By Value, 2015-2030F

    Figure 39:  Central India Gypsum Plaster Market Size, By Value (INR Crore), By Volume (Thousand Tonne), 2015-2030F

    Figure 40:  Infrastructure Investment in India, During 2008-12, 2013-17 and 2018-2022F (USD Million)

    Figure 41: Central India Gypsum Plaster Market Share, By Application, By Value, 2015-2030F

    Figure 42: Central India Gypsum Plaster Market Share, By Packaging, By Value, 2015-2030F

    Figure 43:  Central India Gypsum Plaster Market Share, By End User Industry, By Value, 2015-2030F

    Figure 44:  Central India Gypsum Plaster Market Share, By State, By Value, 2015-2030F

    Figure 45:  East India Gypsum Plaster Market Size, By Value (INR Crore), By Volume (Thousand Tonne), 2015-2030F

    Figure 46:  East India Gypsum Plaster Market Share, By Application, By Value, 2015-2030F

    Figure 47:  East India Gypsum Plaster Market Share, By Packaging, By Value, 2015-2030F

    Figure 48:  East India Gypsum Plaster Market Share, By End User Industry, By Value, 2015-2030F

    Figure 49:  East India Gypsum Plaster Market Share, By State, By Value, 2015-2030F

    Figure 50:  India Natural Gypsum Calcied Plaster Import Scenario, By Value (INR Crore) & By Volume (Lakh Tonne), FY2016-FY2020 (HS Code: 25201010)

    Figure 51:  India Natural Gypsum Calcied Plaster Export Scenario, By Value (INR Crore) & By Volume (Lakh Tonne), FY2016-FY2020 (HS Code: 25201010)

    Figure 52:  India Gypsum Plaster Import Scenario, By Value (INR Crore) & By Volume (Lakh Tonne), FY2016 -FY2020 (HS Code: 25202090)

    Figure 53:  India Gypsum Plaster Export Scenario, By Value (INR Crore) & By Volume (Lakh Tonne), FY2016 -FY2020 (HS Code: 25202090)

    Figure 54:  India Plaster-Calcined Gypsum Import Scenario, By Value (INR Crore) & By Volume (Lakh Tonne), FY2016 -FY2020 (HS Code: 25201090)

    Figure 55:  India Plaster-Calcined Gypsum Export Scenario, By Value (INR Crore) & By Volume (Lakh Tonne), FY2016 -FY2020 (HS Code: 25201090)


     List of Tables

    Table 1: Release of Funds under Smart City Mission, By Major State/UT, 2019 (INR Crore)

    Table 2: Number of Proposed Smart Cities in India, By State (As of January 2020)

    Table 3: Upcoming Hotel Projects in India, By Existing Hotels and Planned Hotels, By Expected Timeline of Execution of Projects, 2020

    Table 4: South India Gypsum Plaster Market Share, By Company, By Value, 2020

    Table 5: North India Gypsum Plaster Market Share, By Company, By Value, 2020

    Table 6: West B India Gypsum Plaster Market Share, By Company, By Value, 2020

    Table 7: West A India Gypsum Plaster Market Share, By Company, By Value, 2020

    Table 8: Central India Gypsum Plaster Market Share, By Company, By Value, 2020

    Table 9: India Core Industry Growth Rate at Constant Prices, 2016-2019 (%)

    Table 10: East India Gypsum Plaster Market Share, By Company, By Value, 2020