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Historical Year
Forecast Year
The South Africa gypsum plaster market size reached a volume of almost 171,708.04 tons in the year 2023. The market is further expected to grow at a CAGR of 6.7% between 2024 and 2032.
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The market is driven by the revival of the construction sector within the region. The market in South Africa supports the growth of the global gypsum plaster market, which is accelerated by the rising awareness among the masses regarding environment-friendly properties of the product, resulting in a huge demand from the renovation and construction sector. Further, the rising disposable income and enhanced living standards are aiding the market growth.
Gypsum plaster is a white cementing material, composed of the partial or completely dehydrated mineral gypsum, usually with the addition of special retarders or hardeners. When the gypsum plaster is applied with water, it sets and solidifies by the chemical recombination of the gypsum with water.
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The industry is bifurcated on the basis of type into:
Currently, regular gypsum plaster exhibits the most significant segment, holding the majority of the market share.
On the basis of sector, the industry is segmented into:
Amongst these, the residential sector accounts for the largest share in the industry.
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The South Africa gypsum plaster market is driven by the inflating disposable income and rapid urbanisation within the region. The industry is further aided by the rising awareness among consumers regarding environmentally-friendly and safer construction materials, which has resulted in an increased demand for gypsum plaster in retrofitting and renovation of old buildings. Gypsum plaster hardens on drying and is used in the construction of coating walls, partitions, and ceilings, owing to which it is preferred by builders and construction companies for use in moulding of interior design elements and sculptural forms, thereby, accelerating the market growth.
Other properties of the product aiding the industry growth include good insulation properties, reducing the building's structural load, and is light in weight. In addition to this, the expanding tourism sector is increasing the demand for hotels and commercial complexes, leading to the growth of the industry in South Africa. The industry is further enhanced by the favourable government initiatives and rising demand for quality housing and improved living standards.
The report gives a detailed analysis of the following key players in the South Africa gypsum plaster market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Sector |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a volume of almost 171,708.04 tons in 2023.
The market is projected to grow at a CAGR of nearly 6.7% in the forecast period of 2024-2032.
The major drivers of the market include rising disposable incomes, increasing population, growing construction industry, expanding tourism sector, and rising awareness among consumers regarding environment-friendly materials.
The favourable government initiatives and rapid urbanisation are expected to be the key trends guiding the growth of the market.
Regular gypsum plaster and moisture resistant gypsum plaster are the types of gypsum plaster in the market.
The residential, commercial, and industrial, among others are the major sectors of gypsum plaster in the market.
The key players in the South Africa gypsum plaster market are Saint-Gobain Gyproc, Pudlo, and Pelican Systems, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
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+91-858-608-1494
Philippines
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+63-287-899-028, +63-967-048-3306
United Kingdom
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+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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