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South Africa Gypsum Plaster Market: By Type: Regular Gypsum Plaster, Moisture Resistant Gypsum Plaster; By Sector: Residential, Commercial, Industrial; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Trade Data Analysis; Price Analysis; Competitive Landscape; Industry Events and Developments
South Africa Gypsum Plaster Market Outlook
The South Africa gypsum plaster market size reached a volume of almost 141,351 tons in the year 2020. The market is further expected to grow at a CAGR of 6.7% between 2021 and 2026 to reach a volume of almost 208, 586 tons by 2026.
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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.
Properties and Applications
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:
- Regular
- Moisture Resistant
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:
- Residential
- Commercial
- Industrial
- Others
Amongst these, the residential sector accounts for the largest share in the industry.
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Market Analysis
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.
Competitive Landscape
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:
- Saint-Gobain GyprocPudlo
- Pelican Systems
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 South Africa Gypsum Plaster Market Snapshot
7 Industry Opportunities and Challenges
8 South Africa Gypsum Plaster Market Analysis
8.1 Key Industry Highlights
8.2 South Africa Gypsum Plaster Historical Market (2016-2020)
8.3 South Africa Gypsum Plaster Market Forecast (2021-2026)
8.4 South Africa Gypsum Plaster Market by Type
8.4.1 Regular Gypsum Plaster
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Moisture Resistant Gypsum Plaster
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 South Africa Gypsum Plaster Market by Sector
8.5.1 Residential
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Commercial
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Industrial
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyers Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 EMR’s Key Indicators for Demand
9.4 EMR’s Key Indicators for Price
10 Value Chain Analysis
11 Trade Data Analysis (HS Code - 252021)
11.1 Major Importing Countries
11.1.1 By Volume
11.1.2 By Value
11.2 Major Exporting Countries
11.2.1 By Volume
11.2.2 By Value
12 Price Analysis
12.1 South Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players’ Market Share
13.3 Company Profiles
13.3.1 Saint-Gobain Gyproc
13.3.1.1 Company Overview
13.3.1.2 Company Description
13.3.2 Pudlo
13.3.2.1 Company Overview
13.3.2.2 Company Description
13.3.3 Pelican Systems
13.3.3.1 Company Overview
13.3.3.2 Company Description
13.3.4 Others
14 Industry Events and Developments
List of Figures and Tables
1. South Africa Gypsum Plaster Market: Key Industry Highlights, 2016 and 2026
2. South Africa Gypsum Plaster Historical Market: Breakup by Type (Tons), 2016-2020
3. South Africa Gypsum Plaster Market Forecast: Breakup by Type (Tons), 2021-2026
4. South Africa Gypsum Plaster Historical Market: Breakup by Sector (Tons), 2016-2020
5. South Africa Gypsum Plaster Market Forecast: Breakup by Sector (Tons), 2021-2026
6. Major Importing Countries by Volume (2020)
7. Major Exporting Countries by Volume (2020)
8. Major Importing Countries by Value Million USD (2020)
9. Major Exporting Countries by Value Million USD (2020)
10. South Africa Gypsum Plaster Historical Price Trends and Forecast 2016-2026
11. South Africa Gypsum Plaster Market Structure
Key Questions Answered in the Report
The market reached a volume of almost 141,351 tons in 2020.
The market is projected to grow at a CAGR of nearly 6.7% in the forecast period of 2021-2026.
The market is estimated to reach a volume of almost 208,586 tons by 2026.
The major drivers of the industry include rising disposable incomes, increasing population, rising construction industry, rapid urbanisation, rising tourism sector, and rising awareness among consumers regarding environmentally-friendly materials.
The favourable government initiatives are expected to be a key trend guiding the growth of the industry.
Regular gypsum plaster is the dominant type of the product in the market.
The residential sector is the leading sector of the product in the industry.
The leading players in the industry are Saint-Gobain Gyproc, Pudlo, and Pelican Systems, among others.
Analyst Review
The South Africa gypsum plaster market attained a volume of almost 141,351 tons in 2020, driven by the growth in the construction industry. Aided by the rising awareness among consumers regarding environmentally-friendly construction materials, the industry is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 6.7%. The industry is projected to reach a volume of almost 208,586 tons by 2026.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its types, the market can be segmented into regular and moisture resistant gypsum plaster, with regular gypsum plaster accounting for the largest market share. On the basis of sector, the residential sector accounts for the largest share in the South Africa industry. The key players in the above industry include Saint-Gobain Gyproc, Pudlo, and Pelican Systems, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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