The East Africa gypsum plaster market reached a volume of 220,792 Tons in 2018. Gypsum is a soft sulfate mineral composed of calcium sulfate dihydrate and is widely used in moulds, sculptures and as plaster material. Gypsum plaster is prepared when dry POP (Plaster of Paris) powder is mixed with water and can be directly applied over bricks or concrete surfaces to form a smooth surface. It provides good insulation properties, is fire resistant and impact resistant. In addition, there are fewer shrinkage cracks in gypsum plaster as it produces less heat. Due to these properties, it is extensively being used over traditional sand cement plaster. Moreover, gypsum plastering requires less time, is light in weight and decreases the structural load of the building. The easy availability of gypsum ore in most of the African countries makes gypsum as a readily available raw material for preparation of gypsum plaster. Furthermore, the rapid growth in population, which has led to a rise in the demand for housing in most of the East African countries, drives the demand for gypsum plaster. Looking forward, the market is expected to reach a volume of 308,310 Tons by 2024, exhibiting a CAGR of 5.6% during 2019-2024.
IMARC Group’s latest report provides a deep insight into East Africa gypsum plaster market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into East Africa gypsum plaster market in any manner.
Market Breakup by Type
Amongst these, regular gypsum plaster represents the biggest segment, accounting for the largest market share.
Market Breakup by Sector
Residential sector currently accounts for the largest share in the East African gypsum plaster market.
Market Breakup by Region
Tanzania currently represents the biggest market.
The report has also examined the competitive landscape of East Africa gypsum plaster market. Some of the major players include:
Key Questions Answered in This Report:
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