East Africa Gypsum Plaster Market to Reach US$ 65.2 Million 2024-2032, Driven by 1.5% CAGR

According to IMARC Group latest report titled "East Africa Gypsum Plaster Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on East Africa gypsum plaster market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The East Africa gypsum plaster market size reached US$ 56.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 65.2 Million by 2032, exhibiting a growth rate (CAGR) of 1.5% during 2024-2032.

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Gypsum plaster is a building material used for coating walls and ceilings. It is manufactured by heating gypsum, a naturally occurring mineral at higher temperatures, which partially dehydrates the mineral. This process results in a fine, white powder. When mixed with water, gypsum plaster becomes a malleable paste that can be shaped and molded. Upon drying, it reverts to a hard, durable substance. It is relatively quick to install and can be directly applied to brick, block, or concrete surfaces. Its non-combustible nature makes it a fire-resistant option, contributing to safer building practices. Additionally, gypsum plaster provides some level of insulation and has good acoustic properties, which can be beneficial in reducing noise transmission. It is preferred in artistic domains for casting molds and sculpting. In construction, it is used for its ease of installation, versatility, and the fact that it doesn't shrink as it dries, which is a common issue with other plaster types.

Market Trends:

Significant growth in the construction sector is driving the East Africa market. Gypsum plaster is gaining popularity as a preferred material for internal plastering due to its superior finish, quicker setting time, and ease of application compared to traditional cement plaster. Moreover, government initiatives aimed at improving infrastructure, such as roads, hospitals, and schools, are pivotal in expanding the market for gypsum plaster. These projects often require materials that can ensure speed and efficiency, qualities for which gypsum plaster is renowned. Furthermore, the shift towards sustainable building practices is also a contributing factor. Gypsum plaster's energy-efficient properties, due to its good insulation characteristics, align with green building standards that are becoming more prevalent in the region. Additionally, its potential for recycling and lower environmental impact during manufacturing makes it an environmentally friendly choice.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Erdemann Gypsum Limited
• Decordura
• Shazad Enterprise
• Tanzania Gypsum Limited
• Orathens Decor Limited

East Africa Gypsum Plaster Market Segmentation:

Our report has categorized the market based on region, type, and sector.

Breakup by Type:
• Regular Gypsum Plaster
• Moisture Resistant Gypsum Plaster

Breakup by Sector:
• Residential
• Commercial
• Industrial

Breakup by Region:
• Tanzania
• Kenya
• Others

Key highlights of the report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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