Which is the fastest growing region in Gypsum Concrete Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Gypsum Concrete Market?

In 2024, the North America accounts for the largest market share in Gypsum Concrete Market. Read More

What years does this Gypsum Concrete Market cover?

The report covers the Gypsum Concrete Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Gypsum Concrete Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Gypsum Concrete Market Size

Market Size of Gypsum Concrete Industry

Study Period	2019 - 2029
Base Year For Estimation	2023
CAGR	8.00 %
Fastest Growing Market	Asia Pacific
Largest Market	North America
Market Concentration	High
Major Players *Disclaimer: Major Players sorted in no particular order

Gypsum Concrete Market Analysis

The global gypsum concrete market is estimated to witness a healthy growth, at an estimated CAGR of around 8%, over the forecast period. Factors, such as superior characteristics of gypsum concrete, rising demand for sound reduction and lightweight materials, and growing demand for underfloor radiant heating systems, have been driving the growth of gypsum concrete market.

Lack of awareness among consumers, with limited popularity of gypsum concrete in North American region stands to be a constraint in the studied market.
North America stands to be the largest market for gypsum concrete, in terms of consumption. However, regions like Asia-Pacific and Europe are expected to register significant growth over the forecast period.

Gypsum Concrete Industry Segmentation

The global gypsum concrete market report includes:

Product Type
		Gypsum Compound Concrete
		Gypsum Fiber Concrete
		Gypsum Foam Concrete
		Other Product Types

Sub-floor Type
		Concrete Floor
		Wooden Floor
		Corrugated Steel Deck Floor
		Radiant Heating Floor
		Other Sub-floor Types

Application
		Residential
		Commercial
		Industrial

Geography

Asia-Pacific
	China
	India
	Japan
	South Korea
	Rest of Asia-Pacific

North America
	United States
	Canada
	Mexico

Europe
	Germany
	United Kingdom
	France
	Italy
	Rest of Europe

South America
	Brazil
	Argentina
	Rest of South America

Middle-East and Africa
	Saudi Arabia
	South Africa
	Rest of Middle-East and Africa

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Gypsum Concrete Market Size Summary

The gypsum concrete market is poised for robust expansion, driven by its superior properties such as sound reduction and lightweight characteristics, which are increasingly sought after in residential construction. The growing demand for underfloor radiant heating systems further propels this market's growth. Despite its advantages, the market faces challenges due to limited consumer awareness and its relatively low popularity in North America. However, North America remains the largest consumer of gypsum concrete, with significant growth anticipated in Asia-Pacific and Europe. The residential construction sector, particularly in high-rise housing towers, is a key area of application due to the need for sound-proof and heat-insulating materials. This trend is especially pronounced in regions like Asia-Pacific, where countries such as India, China, and Indonesia are experiencing strong growth in residential construction, driven by factors like urban migration, rising incomes, and government initiatives.

In North America, the construction industry is expanding, supported by a strong economy and increased investments in both commercial and residential sectors. The United States, in particular, is witnessing growth in both single-family and multi-unit housing developments, alongside a robust commercial construction sector. This growth trajectory is expected to continue, bolstering the demand for gypsum concrete. The market is characterized by a partial consolidation, with key players including Hacker Industries, Inc., USG Corporation, and MAXXON, INC. These companies are well-positioned to capitalize on the growing demand, as the construction industry continues to evolve and expand across various regions.

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Gypsum Concrete Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Drivers
  1. 1.1.1 Superior Properties of Gypsum Concrete
  2. 1.1.2 Rising Demand for Sound Reduction and Lightweight Materials
  3. 1.1.3 Increased Demand for Under-floor Heating Systems
2. 1.2 Restraints
  1. 1.2.1 Lack of Awareness among Consumers
3. 1.3 Industry Value-Chain Analysis
4. 1.4 Porter's Five Forces Analysis
  1. 1.4.1 Bargaining Power of Suppliers
  2. 1.4.2 Bargaining Power of Consumers
  3. 1.4.3 Threat of New Entrants
  4. 1.4.4 Threat of Substitute Products and Services
  5. 1.4.5 Degree of Competition
2. MARKET SEGMENTATION
1. 2.1 Product Type
  1. 2.1.1 Gypsum Compound Concrete
  2. 2.1.2 Gypsum Fiber Concrete
  3. 2.1.3 Gypsum Foam Concrete
  4. 2.1.4 Other Product Types
2. 2.2 Sub-floor Type
  1. 2.2.1 Concrete Floor
  2. 2.2.2 Wooden Floor
  3. 2.2.3 Corrugated Steel Deck Floor
  4. 2.2.4 Radiant Heating Floor
  5. 2.2.5 Other Sub-floor Types
3. 2.3 Application
  1. 2.3.1 Residential
  2. 2.3.2 Commercial
  3. 2.3.3 Industrial
4. 2.4 Geography
  1. 2.4.1 Asia-Pacific
    1. 2.4.1.1 China
    2. 2.4.1.2 India
    3. 2.4.1.3 Japan
    4. 2.4.1.4 South Korea
    5. 2.4.1.5 Rest of Asia-Pacific
  2. 2.4.2 North America
    1. 2.4.2.1 United States
    2. 2.4.2.2 Canada
    3. 2.4.2.3 Mexico
  3. 2.4.3 Europe
    1. 2.4.3.1 Germany
    2. 2.4.3.2 United Kingdom
    3. 2.4.3.3 France
    4. 2.4.3.4 Italy
    5. 2.4.3.5 Rest of Europe
  4. 2.4.4 South America
    1. 2.4.4.1 Brazil
    2. 2.4.4.2 Argentina
    3. 2.4.4.3 Rest of South America
  5. 2.4.5 Middle-East and Africa
    1. 2.4.5.1 Saudi Arabia
    2. 2.4.5.2 South Africa
    3. 2.4.5.3 Rest of Middle-East and Africa