Gypsum Market

By Product Type;

Natural and Synthetic

By End Use;

Cement, Drywalls, Plaster, Soil Amendment, Gypsum Blocks and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn705240049 Published Date: September, 2025 Updated Date: October, 2025

Gypsum Market Overview

Gypsum Market (USD Million)

Gypsum Market was valued at USD 8,709.25 million in the year 2024. The size of this market is expected to increase to USD 12,923.50 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.


Gypsum Market

*Market size in USD million

CAGR 5.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 8,709.25 Million
Market Size (2031)USD 12,923.50 Million
Market ConcentrationMedium
Report Pages302
8,709.25
2024
12,923.50
2031

Major Players

  • Knauf Gips KG
  • Saint-Gobain
  • Boral Limited
  • National Gypsum Company (U.S.)
  • Lafarge
  • Yoshino Gypsum Co., Ltd.
  • Beijing New Building Materials PLC
  • Mada Gypsum
  • National Gypsum (Saudi Arabia)
  • JONOUB Gypsum

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Gypsum Market

Fragmented - Highly competitive market without dominant players



The Gypsum Market is witnessing consistent expansion, driven by its widespread utility across construction, agriculture, and industrial sectors. Known for its cost efficiency and multifunctional properties, gypsum plays a central role in infrastructure projects, farming, and product manufacturing. More than 65% of demand stems from the construction industry, where it is valued for durability, fire resistance, and sustainable building solutions.

Construction Industry as a Key Driver
In the construction segment, gypsum is indispensable for producing drywall, plaster, and cement. Approximately 55% of its use is tied to wallboard manufacturing, underscoring its relevance in residential and commercial projects. The growing shift toward eco-friendly materials has also encouraged the adoption of recyclable gypsum, aligning the market with global green building trends.

Expanding Role in Agriculture
The agricultural sector accounts for close to 20% of global gypsum consumption, highlighting its role in enhancing soil fertility and improving crop productivity. Its natural composition of calcium and sulfur makes it effective for soil conditioning and reducing salinity, supporting sustainable farming practices.

Industrial Applications of Gypsum
In industrial applications, gypsum contributes nearly 15% of total usage, with applications ranging from plaster of Paris to specialized molds and fertilizers. Its quick-setting, smooth finishing, and superior binding qualities make it an essential raw material in industries requiring precision and high-quality outputs.

Future Growth Prospects
Looking forward, the gypsum market is projected to sustain growth, powered by innovation and environmental responsibility. Currently, about 40% of gypsum products feature advanced processing technologies aimed at efficiency and reduced ecological footprint. These developments position gypsum as a vital resource for both present and future industrial needs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Gypsum Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization
        2. Infrastructure Development
        3. Sustainable Construction
        4. Renovation Projects
      2. Restraints
        1. Environmental Regulations
        2. Fluctuating Raw Material Costs
        3. Supply Chain Disruptions
        4. Market Competition
      3. Opportunities
        1. Green Building Initiatives
        2. Emerging Markets
        3. Recycling Technologies
        4. Product Innovation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Gypsum Market, By Product Type, 2021 - 2031 (USD Million)
      1. Natural
      2. Synthetic
    2. Gypsum Market, By End Use, 2021 - 2031 (USD Million)
      1. Cement
      2. Drywalls
      3. Plaster
      4. Soil Amendment
      5. Gypsum Blocks
      6. Others
    3. Gypsum Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Knauf Gips KG
      2. Saint-Gobain
      3. Boral Limited
      4. National Gypsum Company (U.S.)
      5. Lafarge
      6. Yoshino Gypsum Co., Ltd.
      7. Beijing New Building Materials PLC
      8. Mada Gypsum
      9. National Gypsum (Saudi Arabia)
      10. JONOUB Gypsum
  7. Analyst Views
  8. Future Outlook of the Market