Gypsum Plaster Market : Global Industry Analysis,Trends and Forecast 2025

A new research report by Transparency Market Research offers a comprehensive evaluation of the global Gypsum Plaster Market. The study, titled “Gypsum Plaster Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025”, is available for sale on the firm’s website.

Recently, the construction sector witnessed a number of new technologies, new trends, and innovations across all applications. This has augmented the construction industry, providing higher performance. Gypsum plaster is a modern-day solution replacing the old method of surface plastering using sand cement. Gypsum surface plaster has caught attention and gaining popularity for the last few years, owing to its excellent and unique properties. Gypsum plaster has excellent insulation properties and it can provide both thermal and acoustic insulation. In addition, it offers impact resistance and protection against fire, moisture, and vapors. Incorporation of gypsum plaster during construction activities results in minimum curing time and aids in faster construction, reduction in the POP cost, and reduction in electricity bills; as gypsum plaster keeps houses cool during summers and hot during winters due to its low thermal conductivity.

Browse Market Research Report @
http://www.transparencymarketresearch.com/gypsum-plaster-market.html

Based on plaster system, the gypsum plaster market can be segmented into machine-applied plaster, manually applied plaster, finishes, and others. Machine-applied plaster is a leading segment of the gypsum plaster market, followed by the finishes segment. The trend is expected to continue during the forecast period. Based on raw material, the market can be segmented into natural gypsum and synthetic gypsum. The synthetic gypsum segment dominates the market and is expected to expand significantly during the forecast period. Based on end-user, the market can be segmented into residential and non-residential. Demand for gypsum plaster in the residential sector is projected to increase during the forecast period, due to the rising demand for housing in urban areas across all regions. Furthermore, demand for gypsum plaster in the non-residential sector is also likely to increase in the near future, due to rising non-residential construction activities in Middle East & Africa. Rising expenditure on modern construction materials is anticipated to drive the gypsum plaster market during the forecast period.

Rise in demand for an alternative plaster material in the cement manufacturing industry and preference for repairing the existing infrastructure rather than constructing the new one are some of the key factors likely to boost the gypsum plaster market during the forecast period. Conventional plastering methods such as sand cement plastering require water curing for long duration and involve crack formation due to high heat of hydration. As compared to sand cement plastering, gypsum plastering requires less curing time and does not involve crack formation. Furthermore, being light in weight and possessing low thermal conductivity, it aids in decreasing the structural load of building, thereby saving on the energy cost. These all features raise the demand for gypsum plaster in the construction industry and among consumers. However, gypsum plaster is more expensive than cement or cement lime plaster. Being slightly soluble in water, it is not suitable for exterior finishes. These are some of the factors estimated to hamper the growth of the market during the forecast period. However, continuous research and development activities in the field of plaster formulation and material science are likely to create new opportunities for manufacturers operating in the gypsum plaster market.

In terms of region, the global market for gypsum plaster can be segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. North America is anticipated to be the leading market for gypsum plaster in the near future. The rise in construction activities, particularly in rebuilding and renovation, and the consequent rise in demand for plasterboards are factors estimated to propel the demand for gypsum plaster during the forecast period. The building & construction industry in Asia Pacific is expanding significantly, due to rapid urbanization in countries such as China and India. This, in turn, is boosting the market for gypsum plaster. Rise in demand for residential houses in countries such as Germany and France is also driving the demand for gypsum plaster in these countries. Major companies manufacturing cement concrete are focusing on cost-saving and development of high-performance plaster products. Companies are adopting strategies such as partnerships, joint ventures, and mergers and acquisitions in order to raise their market share and extend the distribution network. Furthermore, product innovations and rising expenditure on the infrastructure development in different developing countries are a few other factors augmenting the global gypsum plaster market.

Get accurate market forecast and analysis on the Gypsum Plaster market. Request a sample to stay abreast on the key trends impacting this market@
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=24416

Key players operating in the global gypsum plaster market include BUILDON, Saint Gobain, Zahid Group, Grenzebach Group, and Knauf Gips KG.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit : http://depthresearchreport.blogspot.in/

This release was published on openPR.