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Report Description

Report Description

Forecast Period

2026-2030

Market Size (2024)

USD 55.98 Million

Market Size (2030)

USD 80.71 Million

CAGR (2025-2030)

6.13%

Fastest Growing Segment

Commercials

Largest Market

South India

Market Overview

India Gypsum Plaster Market was valued at USD 55.98 Million in 2024 and is expected to reach USD 80.71 Million by 2030 with a CAGR of 6.13% during the forecast period. 

Gypsum plaster is a building material made from gypsum, a naturally occurring mineral composed primarily of calcium sulfate dihydrate (CaSO·2HO). It is commonly used in construction for coating walls, ceilings, and other surfaces, providing a smooth and durable finish. The process of making gypsum plaster involves heating gypsum to a specific temperature to remove water content, a process known as calcination. This results in a fine powder, which is then mixed with water to form a paste that can be applied to surfaces.

Gypsum plaster offers several advantages, including its fire-resistant properties, sound insulation, and ease of application. It is non-toxic and does not emit harmful gases, making it an environmentally friendly choice for interior finishes. Additionally, it can be easily shaped and molded, allowing for intricate designs and textures.

This material is widely used in residential, commercial, and industrial construction due to its versatility and ability to provide a smooth, seamless finish. Gypsum plaster also has the ability to absorb moisture, helping to regulate indoor humidity levels. As a result, it is an excellent choice for creating comfortable and aesthetically pleasing interiors.

Key Market Drivers

Government Initiatives and Regulatory Support

The Indian government's initiatives aimed at boosting the construction and real estate sectors have also played a crucial role in driving the gypsum plaster market. Various policy measures and incentives have been introduced to encourage both residential and commercial construction, which directly impacts the demand for materials like gypsum plaster. The government’s focus on infrastructure development, affordable housing, and sustainable building practices is creating a favorable environment for gypsum plaster adoption in India.

One of the most significant initiatives is the "Housing for All" program, which aims to provide affordable housing to millions of people by 2022. This has led to a surge in residential construction, especially in tier 2 and tier 3 cities, where builders are increasingly using gypsum plaster due to its cost-effectiveness, quick application, and superior finish. The demand for low-cost yet durable building materials is driving the adoption of gypsum plaster, as it helps meet the affordability requirements while offering an excellent finish. In addition, the government’s push towards the construction of smart cities and modern infrastructure projects is creating new opportunities for gypsum plaster in urban centers. Smart city projects focus on modernizing the urban landscape with advanced technology, sustainability, and high-quality construction materials. Gypsum plaster, being fire-resistant, durable, and lightweight, fits well into the government’s vision of building safer, more sustainable cities.

The Indian government has introduced regulations that promote energy-efficient and environmentally friendly building practices. The Bureau of Energy Efficiency (BEE) has set energy performance standards for buildings, and gypsum plaster is recognized as an ideal material for maintaining thermal insulation, reducing heat gain, and improving energy efficiency. This regulatory support is driving the growth of the gypsum plaster market as builders and developers comply with these energy efficiency norms.

With these governmental incentives and regulatory frameworks, the gypsum plaster market in India is expected to continue its growth trajectory, supported by the country's ongoing development and commitment to building better infrastructure.

Growing Preference for Eco-friendly and Sustainable Construction Materials

As awareness of environmental issues and sustainability continues to rise, both consumers and builders are increasingly seeking eco-friendly and sustainable construction materials. Gypsum plaster is seen as an environmentally friendly alternative to traditional cement-based plasters due to its low carbon footprint, recyclability, and minimal environmental impact. The growing demand for green buildings and eco-conscious construction practices in India is driving the adoption of gypsum plaster in the market.

Gypsum plaster is made from a natural mineral, gypsum, which is abundant and relatively low in energy consumption compared to other building materials. The process of manufacturing gypsum plaster generates fewer greenhouse gases and consumes less energy than the production of cement or lime-based plasters. Moreover, gypsum plaster has the added benefit of being recyclable; it can be reused and repurposed without losing its integrity, thus minimizing waste and supporting the principles of a circular economy. In addition to its eco-friendly properties, gypsum plaster also offers benefits such as better air quality and moisture regulation. The material has the ability to absorb and release moisture, which helps maintain indoor humidity levels and improves the overall indoor air quality. This makes it a preferred choice in sustainable building practices, especially in regions like India, where extreme weather conditions can affect the comfort and health of residents. Gypsum plaster also has low VOC (volatile organic compound) emissions, making it a safer choice for indoor environments compared to other materials.

As India continues to push for more green buildings and sustainable infrastructure, gypsum plaster is increasingly recognized as a material that aligns with these goals. The growing demand for green and energy-efficient buildings, as well as the rising importance of reducing the environmental impact of construction activities, will continue to drive the gypsum plaster market in India. As of 2024, India is the 2nd largest market for green buildings globally, with over 7,000 green buildings covering more than 7.1 billion square feet of space. The use of eco-friendly materials such as recycled steel, bamboo, and fly ash bricks has seen significant growth. Fly ash, in particular, is used in 30% of the total cement production in India.

Technological Advancements and Product Innovations

Technological advancements and innovations in gypsum plaster formulations have significantly contributed to the growth of the India Gypsum Plaster market. In recent years, manufacturers have introduced enhanced gypsum plaster products that offer improved durability, faster application, and better performance in different weather conditions. These innovations have made gypsum plaster a more attractive option for builders and developers looking for high-quality, efficient solutions for modern construction projects.

One of the key innovations in the gypsum plaster market is the development of ready-mix gypsum plaster. Unlike traditional plaster that requires a mixing process on-site, ready-mix gypsum plaster comes pre-mixed and ready for immediate application, reducing the labor and time required for installation. This convenience is a major advantage, especially for large-scale projects where time is a critical factor. Ready-mix gypsum plaster also ensures a consistent quality of finish, reducing the chances of application errors and improving overall productivity. Furthermore, advancements in the formulation of gypsum plaster have led to the creation of products that are resistant to mold, fungi, and moisture. These types of gypsum plaster are particularly useful in areas with high humidity levels, such as bathrooms, kitchens, and coastal regions, where traditional plasters may degrade or deteriorate over time. The development of high-performance, moisture-resistant plasters has expanded the range of applications for gypsum plaster, making it suitable for a variety of building types and climates across India.

To functional innovations, manufacturers have also focused on improving the aesthetic appeal of gypsum plaster. Decorative gypsum plaster options, such as textured finishes and customizable designs, are gaining popularity in the market. These products allow for greater creativity in interior design, enabling architects and designers to create unique and visually appealing spaces.

The continuous technological advancements in gypsum plaster formulations, combined with the growing demand for efficient and high-quality construction materials, will continue to drive innovation and expansion in the India Gypsum Plaster market. Builders and developers are increasingly relying on these advanced products to meet the demands of modern construction projects.

India Gypsum Plaster Market

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Key Market Challenges

Supply Chain and Raw Material Challenges

One of the major challenges facing the India Gypsum Plaster market is the supply chain and raw material procurement issues. Gypsum, the primary raw material used to manufacture gypsum plaster, is naturally abundant in certain regions, but its extraction and processing come with significant logistical challenges. The availability and quality of gypsum can vary greatly across different regions in India, which creates supply chain inconsistencies for plaster manufacturers.

India’s gypsum reserves are concentrated mainly in a few states such as Rajasthan, Gujarat, and Jammu & Kashmir. However, the transportation and distribution of gypsum to manufacturing plants, especially those located in regions far from these major reserves, can be costly and time-consuming. Additionally, fluctuations in the availability of high-quality gypsum due to mining restrictions, environmental concerns, or regulatory policies can disrupt the production process. As gypsum is a bulky material, transportation costs also add to the overall expense, which can impact the cost-effectiveness of the final product. These challenges become particularly pronounced when there is a high demand for gypsum plaster due to the boom in construction and infrastructure development projects.

Another complication is the price volatility of gypsum. While gypsum is a relatively low-cost raw material, its price can fluctuate depending on global demand, mining regulations, and environmental factors. This can create uncertainty for manufacturers, forcing them to adjust prices for gypsum plaster frequently. Such price adjustments can lead to instability in the market, affecting not only manufacturers but also distributors and end-users, as it becomes difficult to predict material costs over time.  Moreover, the supply chain for other essential materials used in gypsum plaster production, such as additives, binders, and chemicals, also faces similar issues. The import of these materials from international markets adds to the overall costs, and any disruptions in global trade can create further delays in production. The ongoing global supply chain disruptions, exacerbated by factors like the COVID-19 pandemic, have made it even more difficult for manufacturers in India to maintain smooth operations.

To mitigate these challenges, manufacturers are looking into alternative sources of gypsum, including importing from other countries and exploring synthetic gypsum options. However, these solutions come with their own set of logistical, environmental, and cost-related challenges. As the demand for gypsum plaster grows, addressing these supply chain issues will be crucial for the long-term sustainability and profitability of the India Gypsum Plaster market.

Skilled Labor Shortage and Application Challenges

Another significant challenge facing the India Gypsum Plaster market is the shortage of skilled labor and the complexities involved in the proper application of gypsum plaster. While gypsum plaster is known for its ease of application, it requires specialized knowledge and skills to apply it correctly. Unlike traditional cement-based plaster, gypsum plaster has unique characteristics that demand precision in both mixing and application. Improper application can result in a subpar finish, cracking, or even structural damage to the surface, which leads to higher maintenance costs and dissatisfaction among customers.

In India, there is a notable shortage of trained professionals who specialize in the application of gypsum plaster. The construction industry in India largely relies on unskilled or semi-skilled laborers who may not be familiar with the intricacies of gypsum plaster installation. This lack of skilled labor has resulted in inconsistent quality in finished projects, leading to complaints about the appearance and durability of gypsum plaster. For builders and developers, this inconsistency poses a significant challenge in maintaining high standards of construction. Furthermore, the use of gypsum plaster requires a different approach than that of traditional plastering materials. It involves mixing the powder with water in specific proportions and applying it to walls and ceilings with the right tools and techniques. If the application is rushed or not done properly, the plaster may fail to adhere correctly, leading to issues like cracking or peeling. Gypsum plaster is also more sensitive to environmental factors such as temperature and humidity. Applying the material under unfavorable weather conditions can impact its final finish and performance.

To overcome this challenge, it is crucial to invest in training and skill development for laborers. Several manufacturers and contractors have started offering training programs to educate workers on the proper techniques for gypsum plaster application. However, despite these efforts, the overall scale of skilled labor required still lags behind demand, particularly in remote areas where construction projects are booming. Moreover, the growing adoption of ready-mix gypsum plaster products, while improving ease of use, still requires some level of expertise to ensure the plaster is applied effectively. Builders may be hesitant to adopt these products without a clear understanding of their application process, which further slows the market’s growth.

Key Market Trends

Increasing Adoption of Ready-Mix Gypsum Plaster

One of the prominent trends in the India Gypsum Plaster market is the growing adoption of ready-mix gypsum plaster. Ready-mix products are pre-mixed, making them extremely convenient for builders and contractors as they eliminate the need for on-site mixing, reducing the time and labor involved in application. This trend has gained significant traction due to the growing demand for quick and efficient construction processes, especially in urban areas where time is of the essence.

Ready-mix gypsum plaster offers several advantages over traditional plaster. Firstly, it ensures a consistent quality of finish, as the plaster is mixed in controlled environments with precise ratios of gypsum, additives, and other materials. This consistency minimizes application errors, resulting in a smoother and more professional-looking finish. Furthermore, the reduced need for on-site mixing eliminates the possibility of errors due to incorrect proportions or substandard mixing practices, which can often occur with traditional plastering methods.

The convenience factor is another driving force behind the trend. In traditional plastering, workers often spend significant time mixing the plaster and preparing it for application. Ready-mix gypsum plaster is packaged and ready to be used directly, leading to faster construction timelines and greater overall productivity. Additionally, it is easier to store, and its shelf life is longer, making it an attractive option for construction sites that are not yet ready for plaster application but want to keep materials on hand.

As urbanization and construction projects continue to grow in India, the demand for efficient and high-quality construction materials is expected to rise. Ready-mix gypsum plaster, with its time-saving and cost-effective benefits, is becoming increasingly popular, particularly in large-scale residential, commercial, and infrastructure projects. Its easy application and consistent results make it an essential choice for contractors seeking to meet tight deadlines and deliver high-quality finishes. Ready-mix gypsum plaster holds a significant share of the overall gypsum plaster market in India, with estimates suggesting that it accounts for 35-40% of the total gypsum plaster consumption in the country.

Shift Toward Eco-friendly and Sustainable Building Practices

Another key trend in the India Gypsum Plaster market is the growing shift toward eco-friendly and sustainable building practices. As global awareness of environmental issues increases, there is a growing emphasis on reducing the carbon footprint of construction materials and promoting greener alternatives. Gypsum plaster, with its eco-friendly properties, has gained popularity as a sustainable building material in India, aligning well with the country's increasing focus on environmental sustainability in the construction sector.

Gypsum plaster is considered more environmentally friendly compared to traditional cement-based plasters. The production process of gypsum plaster generates fewer greenhouse gases, and gypsum itself is a naturally occurring mineral that is abundant in nature. Additionally, gypsum is often sourced from by-products of other industrial processes, such as the desulfurization of flue gases in power plants, making it a material that promotes recycling and resource efficiency.

In terms of performance, gypsum plaster also contributes to energy-efficient buildings. It has natural thermal insulation properties, which can help in reducing the need for excessive heating and cooling. This ability to regulate temperature and moisture levels within buildings aligns with the growing demand for energy-efficient and "green" buildings in India. Various certification systems like LEED (Leadership in Energy and Environmental Design) are increasingly encouraging the use of sustainable materials like gypsum plaster to meet energy-saving requirements. Furthermore, gypsum plaster does not release harmful toxins or volatile organic compounds (VOCs), making it a safer choice for indoor environments. As India’s construction industry embraces greener building practices, the demand for eco-friendly materials like gypsum plaster is expected to rise. Builders are looking for materials that not only reduce the environmental impact of their construction projects but also offer healthier living spaces for the occupants.

This trend is also supported by the Indian government’s policies that promote sustainable construction practices, such as the implementation of energy efficiency codes and building regulations. As India moves toward more sustainable urbanization, the use of gypsum plaster is expected to increase, helping builders and developers meet the demand for eco-friendly and energy-efficient buildings.

Segmental Insights

Application Insights

The RCC Surface held the largest market share in 2024.  RCC (Reinforced Cement Concrete) surfaces dominate the India Gypsum Plaster market due to several key factors related to construction practices, material properties, and aesthetic preferences. RCC is a primary construction material used in both residential and commercial projects, making up a significant portion of modern buildings in India. As urbanization and infrastructure development continue to grow, RCC structures are being increasingly favored for their strength, durability, and ability to withstand heavy loads and environmental stress.

Gypsum plaster is particularly well-suited for RCC surfaces because of its ability to provide a smooth and high-quality finish. RCC surfaces typically have a rough texture, which can be difficult to plaster using traditional materials like cement-based plasters. Gypsum plaster, however, adheres well to concrete and cement surfaces, allowing for a smoother and more uniform finish. This makes it an ideal choice for creating flawless wall and ceiling surfaces, particularly in projects where aesthetic quality is a priority.

Another reason for the dominance of RCC surfaces in the gypsum plaster market is the growing preference for modern construction methods that prioritize speed, efficiency, and cost-effectiveness. Gypsum plaster is faster to apply compared to traditional cement-based plaster, reducing labor costs and overall construction time. As India experiences an increase in large-scale projects, including residential complexes, office buildings, and infrastructure developments, the need for faster and more efficient finishing materials like gypsum plaster is growing. Additionally, RCC structures benefit from the thermal and moisture-regulating properties of gypsum plaster. Gypsum helps to maintain indoor humidity levels and offers some level of insulation, contributing to energy-efficient buildings. This added advantage aligns with the growing trend of constructing environmentally sustainable and energy-efficient buildings, further driving the use of gypsum plaster on RCC surfaces.

 India Gypsum Plaster Market

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Regional Insights

South India held the largest market share in 2024. South India holds a dominant position in the India Gypsum Plaster market due to several key factors, including rapid urbanization, a thriving construction industry, and the increasing adoption of modern building materials. The region, particularly states like Tamil Nadu, Karnataka, Andhra Pradesh, and Kerala, has witnessed significant infrastructural development in recent years, contributing to the growing demand for high-quality finishing materials like gypsum plaster.

One of the primary reasons for South India's dominance is the robust real estate and construction boom in cities such as Bengaluru, Chennai, Hyderabad, and Kochi. These cities have become hubs for residential, commercial, and industrial construction, driven by factors such as a growing middle class, increasing urban population, and favorable government policies promoting infrastructure development. As these urban centers continue to expand, the demand for efficient, cost-effective, and aesthetically pleasing materials like gypsum plaster increases.

Another significant factor contributing to South India's leadership in the gypsum plaster market is the region’s favorable climatic conditions. The warm and humid climate in South India creates a demand for moisture-resistant building materials, and gypsum plaster's ability to regulate humidity and offer superior finishes makes it an ideal choice. Additionally, the region has seen a shift toward more modern construction techniques, such as modular and pre-fabricated buildings, where gypsum plaster is increasingly preferred due to its ease of application, faster curing time, and high-quality results.

South India has a well-established manufacturing base for gypsum products. The presence of several gypsum mines and the availability of raw materials in states like Tamil Nadu and Andhra Pradesh has made the region a key supplier of gypsum plaster products. Local manufacturers benefit from easier access to raw materials, reducing transportation costs and increasing their competitive edge in the market.

Recent Developments

  • FDI in construction development (townships, housing, built-up infrastructure and construction development projects) and construction (infrastructure) activity sectors stood at USD 26.54 billion and USD 33.52 billion, respectively, between April 2000-December 2023.​
  • On 18th Feb 2025, India’s first offshore airport, set to be constructed near Mumbai, has received environmental clearance for its development on an artificial island. This ambitious project aims to create a state-of-the-art airport facility that will serve as a major hub for international and domestic air travel. The approval marks a significant step forward in the country's aviation infrastructure, with the construction of the artificial island expected to enhance connectivity and support economic growth in the region. The project is set to revolutionize air travel in India and is expected to be a major technological and infrastructural milestone.

Key Market Players

  • Sakarni Plaster (India) Private Limited
  • Saint-Gobain Gyproc India Ltd.
  • J.K. Lakshmi Cement Ltd.
  • Walplast Products Pvt. Ltd.
  • DCM Shriram Ltd. (Shriram Cement Works)
  • Kaya Maya Industries (Trimurti Wall Care Products Pvt Ltd)
  • TMC Gypsum India Ltd
  • USG Boral

By Application

By Packaging Size

By End User

By Region

  • Red Bricks
  • Concrete Blocks
  • RCC Surface
  • Sand Cement
  • Less than 10 Kg
  • 10-20 Kg
  • 20-25 Kg
  • Above 25 Kg
  • Residential
  • Commercials
  • Infrastructure
  • South India
  • North India
  • West India
  • East India

Report Scope:

In this report, the India Gypsum Plaster Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • India Gypsum Plaster Market, By Application:

o   Red Bricks

o   Concrete Blocks

o   RCC Surface

o   Sand Cement  

  • India Gypsum Plaster Market, By Packaging Size:

o   Less than 10 Kg

o   10-20 Kg

o   20-25 Kg

o   Above 25 Kg  

  • India Gypsum Plaster Market, By End User:

o   Residential

o   Commercials

o   Infrastructure

  • India Gypsum Plaster Market, By Region:

o   South India

o   North India

o   West India

o   East India   

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Gypsum Plaster Market.

Available Customizations:

India Gypsum Plaster Market report 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).

India Gypsum Plaster Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Formulation of the Scope

2.4.  Assumptions and Limitations

2.5.  Sources of Research

2.5.1.    Secondary Research

2.5.2.    Primary Research

2.6.  Approach for the Market Study

2.6.1.    The Bottom-Up Approach

2.6.2.    The Top-Down Approach

2.7.  Methodology Followed for Calculation of Market Size & Market Shares

2.8.  Forecasting Methodology

2.8.1.    Data Triangulation & Validation

3.    Executive Summary

4.    Voice of Customer

5.    India Gypsum Plaster Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

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

5.2.2.    By Packaging Size (Less than 10 Kg, 10-20 Kg, 20-25 Kg, Above 25 Kg)

5.2.3.    By End User (Residential, Commercials, Infrastructure)

5.2.4.    By Region (South India, North India, West India, East India)

5.2.5.    By Company (2024)

5.3.  Market Map

6.    South India Gypsum Plaster Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Application

6.2.2.    By Packaging Size

6.2.3.    By End User

7.    North India Gypsum Plaster Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Application

7.2.2.    By Packaging Size

7.2.3.    By End User

8.    West India Gypsum Plaster Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Application

8.2.2.    By Packaging Size

8.2.3.    By End User

9.    East India Gypsum Plaster Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Application

9.2.2.    By Packaging Size

9.2.3.    By End User

10.  Market Dynamics

10.1.   Drivers

10.2.   Challenges

11.  Market Trends & Developments

12.  India Economic Profile

13.  Company Profiles

13.1.  Sakarni Plaster (India) Private Limited

13.1.1. Business Overview

13.1.2.  Key Revenue and Financials 

13.1.3.  Recent Developments

13.1.4.  Key Personnel/Key Contact Person

13.1.5.  Key Product/Services Offered

13.2.  Saint-Gobain Gyproc India Ltd.

13.2.1. Business Overview

13.2.2.  Key Revenue and Financials 

13.2.3.  Recent Developments

13.2.4.  Key Personnel/Key Contact Person

13.2.5.  Key Product/Services Offered

13.3.  J.K. Lakshmi Cement Ltd.

13.3.1. Business Overview

13.3.2.  Key Revenue and Financials 

13.3.3.  Recent Developments

13.3.4.  Key Personnel/Key Contact Person

13.3.5.  Key Product/Services Offered

13.4.  Walplast Products Pvt. Ltd.

13.4.1. Business Overview

13.4.2.  Key Revenue and Financials 

13.4.3.  Recent Developments

13.4.4.  Key Personnel/Key Contact Person

13.4.5.  Key Product/Services Offered

13.5.  DCM Shriram Ltd. (Shriram Cement Works)

13.5.1. Business Overview

13.5.2.  Key Revenue and Financials 

13.5.3.  Recent Developments

13.5.4.  Key Personnel/Key Contact Person

13.5.5.  Key Product/Services Offered

13.6.  Kaya Maya Industries (Trimurti Wall Care Products Pvt Ltd)

13.6.1. Business Overview

13.6.2.  Key Revenue and Financials 

13.6.3.  Recent Developments

13.6.4.  Key Personnel/Key Contact Person

13.6.5.  Key Product/Services Offered

13.7.  TMC Gypsum India Ltd

13.7.1. Business Overview

13.7.2.  Key Revenue and Financials 

13.7.3.  Recent Developments

13.7.4.  Key Personnel/Key Contact Person

13.7.5.  Key Product/Services Offered

13.8.  USG Boral

13.8.1. Business Overview

13.8.2.  Key Revenue and Financials 

13.8.3.  Recent Developments

13.8.4.  Key Personnel/Key Contact Person

13.8.5.  Key Product/Services Offered

14. Strategic Recommendations

15. About Us & Disclaimer 

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the India Gypsum Plaster Market was USD 55.98 Million in 2024.

In 2024, The residential sector dominated the India Gypsum Plaster market due to growing urbanization, increasing demand for affordable housing, and a preference for smooth, aesthetically pleasing interiors. Gypsum plaster offers quick application, cost-efficiency, and superior finish, making it the ideal choice for builders aiming to meet residential construction demands.

Major challenges for the India Gypsum Plaster market include supply chain disruptions due to fluctuating raw material availability, high transportation costs, and a shortage of skilled labor for proper application. Additionally, price volatility and competition from alternative materials like cement-based plasters further complicate market stability and growth.

Major drivers for the India Gypsum Plaster market include rapid urbanization, infrastructure development, government initiatives for affordable housing, and increasing demand for eco-friendly materials. Additionally, gypsum plaster's benefits such as cost-effectiveness, quick application, superior finish, and fire-resistant properties further contribute to its growing popularity in construction projects.

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