Gypsum-free Plaster Market Analysis and Forecast to 2031: By Type (Modified Quick Binding High Strength Cement, Quick Binding Cement Lute, Gypsum Free Quick Binding High Strength Cement, Quick Setting High Strength Cement), Product (Ordinary Portland, White, Aluminous, Others), and Region
Gypsum-free plaster is a type of plaster that does not contain any gypsum. Gypsum is a mineral that is commonly used in plaster and other construction materials. However, it can be harmful to the environment if it is not disposed of properly. Gypsum-free plaster is made from a variety of other materials, such as clay, sand, and lime. It is a more sustainable option than traditional plaster because it does not require the mining of gypsum.
Key Trends
There are a few key trends in gypsum-free plaster technology. One is the use of alternative binders, such as cellulose or starch, instead of gypsum. This can improve the plaster's performance in terms of fire resistance, mold resistance, and water absorption. Another trend is the use of recycled materials, such as paper, in the plaster mix. This can help to reduce the environmental impact of the plaster production process. Finally, there is a trend towards the use of natural additives, such as clay or sand, to improve the plaster's performance. These additives can help to improve the plaster's strength, durability, and resistance to cracking.
Key Drivers
Rising investments in building and construction activities, growing trend of green building, and continuous new product launches are some of the major factors driving growth in the global gypsum-free plaster market. Similarly, increasing investments in R&D and presence of a stringent regulatory framework are expected to push the demand for gypsum-free plaster during the forecast period. Gypsum-free plasters have become ideal alternatives to gypsum due to their highly efficient and ecofriendly nature. They are being used by builders and contractors during construction activities. Thus, rapid growth of building and construction industry will eventually create lucrative growth prospects within the global gypsum-free plaster market during the forecast period. Similarly, growing concerns regarding the negative environmental impact of gypsum due to extensive CO2 emission and high energy consumption during manufacturing is prompting both manufacturers and end users to shift their preference towards gypsum-free plasters. This will bode well for market growth. Leading companies like Tarmac are continuously launching new innovative gypsum-free plaster ranges to cater to the rising demands. Gypsum-free products like Limelite, launched by Tarmac are gaining wider popularity due to their ability to combat frequent challenges of damp, mold, and trapped moisture.
Restraints & Challenges
Although gypsum-free plaster is gradually becoming popular, there are certain factors that are limiting the growth of gypsum-free plaster market. Some of these factors include increasing usage of gypsum for numerous applications and low availability of gypsum-free plaster across various developing and underdeveloped regions.
Market Segments
The gypsum-free plaster market has been segmented into type, product, and region. Based on type, the gypsum-free plaster market has been segmented into modified quick binding high strength cement, quick binding cement lute, gypsum free quick binding high strength cement, and quick setting high strength cement. By product, it is segmented into ordinary portland, white, aluminous, and others. Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and Rest of the World.
Key Players
The gypsum-free plaster market report includes players such as BioLime Inc. (U.S.), Delight Chemicals Pvt. Ltd (India), Eshan Minerals Pvt. Ltd. (India), Knauf (Iraq), Lime Green Products Ltd (U.K.), Lime Stuff Ltd (U.K.), Limebase Products Ltd (U.K.), Magicrete Building Solutions Pvt Ltd. (India), TARMAC TRADING LIMITED (U.K.), and VASARI LIME PLASTER & PAINT (U.S.).
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