The Global Gypsum Plaster Market was valued at USD 4.3 Billion in 2024 and is projected to reach USD 7.1 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2024–2032). This growth is being driven by accelerating global construction activities, increasing demand for sustainable building materials, and rapid urbanization in emerging economies.

As the construction industry shifts towards faster, more efficient, and environmentally friendly building solutions, the focus intensifies on the key material suppliers who are driving innovation in wall finishing technologies. In this blog, we profile the Top 10 Companies in the Gypsum Plaster Industry—a mix of global building material giants and specialized manufacturers shaping the future of modern construction.

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🔟 1. Saint-Gobain (India Gypsum Plaster)

Headquarters: Mumbai, Maharashtra, India
Key Offering: Regular Gypsum Plaster, Moisture Resistant Plaster, Specialty Finishes

Saint-Gobain is a global leader in the building materials sector, with its Indian subsidiary being a dominant force in the gypsum plaster market. The company offers a comprehensive range of high-performance plaster products known for their superior finish, fire resistance, and ease of application. Their continuous investment in R&D has led to advanced formulations that cater to diverse climatic conditions across the Indian subcontinent and beyond.

Innovation & Sustainability Initiatives:

• Development of lightweight and high-strength plaster formulations

• Focus on reducing the carbon footprint of manufacturing processes

• Extensive distribution network ensuring widespread availability

Download FREE Sample Report: Gypsum Plaster Market – View in Detailed Research Report

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9️⃣ 2. VANS Gypsum

Headquarters: Jodhpur, Rajasthan, India
Key Offering: Gypsum Plaster, Plaster of Paris, White Cement Putty

VANS Gypsum has established itself as a key player in the Indian market, renowned for its quality products and customer-centric approach. The company specializes in manufacturing gypsum plaster that offers excellent adhesion, minimal shrinkage, and a smooth finish. Their strategic location in Rajasthan provides access to high-quality raw gypsum, giving them a competitive edge in production costs and quality control.

Innovation & Sustainability Initiatives:

• Implementation of energy-efficient manufacturing technologies

• Development of customized plaster solutions for specific regional requirements

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8️⃣ 3. Sherlock Industries

Headquarters: Ahmedabad, Gujarat, India
Key Offering: Gypsum Plaster, Wall Putty, Construction Chemicals

Sherlock Industries is a prominent manufacturer known for its consistent quality and reliable gypsum plaster products. The company has built a strong reputation in the construction sector by offering plaster that ensures crack-free surfaces and excellent workability. Their integrated manufacturing process allows for strict quality control from raw material sourcing to final product delivery.

Innovation & Sustainability Initiatives:

• Investment in automated production lines for enhanced consistency

• Focus on water-reduction technologies in plaster formulations

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7️⃣ 4. USG Boral (India)

Headquarters: Gurugram, Haryana, India
Key Offering: SHEETROCK Brand Gypsum Plaster, Specialty Plasters

USG Boral brings international expertise to the Indian gypsum plaster market through its technologically advanced products. The company’s SHEETROCK brand is synonymous with quality and performance in the construction industry. Their gypsum plaster is designed for easy application, quick drying, and superior final finishes, making it a preferred choice for both residential and commercial projects.

Innovation & Sustainability Initiatives:

• Introduction of dust-control plaster formulations

• Development of high-performance moisture-resistant plasters

Download FREE Sample Report: Gypsum Plaster Market – View in Detailed Research Report

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6️⃣ 5. LafargeHolcim

Headquarters: Zurich, Switzerland (Global Operations)
Key Offering: Gypsum Plaster Products, Sustainable Building Solutions

LafargeHolcim is a global leader in building materials with a significant presence in the gypsum products segment. The company leverages its extensive research capabilities to develop innovative plaster solutions that meet evolving construction needs. Their global scale enables them to implement best practices and advanced technologies across their manufacturing facilities worldwide.

Innovation & Sustainability Initiatives:

• Commitment to net-zero carbon ambition by 2050

• Development of circular economy solutions for gypsum products

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5️⃣ 6. Shreenath Gyptech

Headquarters: Jodhpur, Rajasthan, India
Key Offering: Gypsum Plaster, POP, Gypsum Boards

Shreenath Gyptech has carved a niche in the market through its focus on quality and customer satisfaction. The company manufactures gypsum plaster that is known for its fine finish and consistent performance. Their strategic focus on the Indian market has enabled them to understand and address the specific requirements of local construction practices and climatic conditions.

Innovation & Sustainability Initiatives:

• Adoption of eco-friendly manufacturing processes

• Continuous product improvement based on customer feedback

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4️⃣ 7. Knauf

Headquarters: Iphofen, Germany
Key Offering: Gypsum Plaster Systems, Drywall Solutions

Knauf is a German multinational with a strong global presence in gypsum-based building materials. The company is renowned for its systematic approach to wall finishing solutions, offering a complete range of gypsum plaster products that ensure high quality and efficiency in construction. Their technical expertise and commitment to innovation have made them a trusted partner for construction projects worldwide.

Innovation & Sustainability Initiatives:

• Development of energy-efficient building systems

• Focus on recyclable and sustainable product solutions

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3️⃣ 8. National Gypsum

Headquarters: Charlotte, North Carolina, USA
Key Offering: Gypsum Plaster, Drywall, Ceiling Products

National Gypsum Company is one of the largest gypsum board and plaster manufacturers in North America. With decades of experience, the company has developed extensive expertise in gypsum products manufacturing. Their plaster products are known for reliability and performance, backed by strong technical support and quality assurance systems.

Innovation & Sustainability Initiatives:

• Investment in manufacturing efficiency improvements

• Development of environmentally responsible products

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2️⃣ 9. Yoshino Gypsum

Headquarters: Tokyo, Japan
Key Offering: Gypsum Plaster, Building Boards, Specialty Products

Yoshino Gypsum is a leading Japanese company with a long history in gypsum product manufacturing. The company combines traditional craftsmanship with modern technology to produce high-quality gypsum plaster suitable for various construction applications. Their focus on precision and quality has earned them a strong reputation in the Asian market.

Innovation & Sustainability Initiatives:

• Development of earthquake-resistant plaster systems

• Focus on indoor air quality improvement through specialized formulations

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1️⃣ 10. Gyptech Systems

Headquarters: Multiple locations across India
Key Offering: Gypsum Plaster, Application Services, Technical Support

Gyptech Systems has established itself as a significant player in the gypsum plaster market through its focus on both product quality and application expertise. The company not only manufactures high-quality plaster but also provides comprehensive technical support and application guidance, ensuring optimal results for their customers.

Innovation & Sustainability Initiatives:

• Training programs for proper plaster application techniques

• Development of region-specific plaster formulations

Get Full Report Here: Gypsum Plaster Market – View in Detailed Research Report

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🏗️ Outlook: The Future of Gypsum Plaster Is Smarter and More Sustainable

The gypsum plaster market is undergoing a significant transformation. While traditional plastering methods continue to dominate, the industry is rapidly adopting innovative formulations, application technologies, and sustainable practices.

📈 Key Trends Shaping the Market:

• Rapid adoption of pre-mixed and ready-to-use gypsum plaster formulations

• Growing emphasis on sustainable and eco-friendly building materials

• Increasing use of automated application technologies to address labor shortages

• Development of specialized plasters for specific climatic conditions and applications

Get Full Report Here: Gypsum Plaster Market – View in Detailed Research Report

The companies listed above are not only supplying essential building materials—they’re driving the evolution of modern construction practices towards greater efficiency, sustainability, and quality.