Current Business Affairs Global Gypsum Concrete Market 2018

Gypsum Concrete Market Analysis, By Material, By Application, End-Use
and By Region & Segment Forecast, 2017-2025
Market Definition:
Gypsum concrete is a composite material utilized for building and construction purposes, mainly as a floor
underlayment. Gypsum concrete is composed of Portland cement, sand, gypsum plaster and small amounts of other
chemical additives to provide products with particular characteristics. The application of gypsum concrete ensures easy
floor leveling, better bonding with the subfloor, and compression strength equal to regular concrete.
Gypsum concrete possesses several properties which include light weight, fire resistant, offers sound reduction, radiant
heating, self-leveling, high-strength, and quick-drying. Although the gypsum concrete has less weight, its compressive
strength is similar to the regular concrete, based on the application.
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Market Analysis with Latest Growth Factors:
Rising demand for sound reducing structures, growing infrastructure and urbanization projects, lightweight and durable
construction projects, and the increased demand for under floor heating systems in cold regions are the major factors
fueling the industry growth. Gypsum concrete offers significant advantages; however, the application of gypsum
concrete is still limited to countries in North America, specifically in the U.S. which is restraining the growth of the
gypsum concrete market.
Major Key Players:
Prominent players in the global fiber cement market includes, Warmboard, Hacker Industries, Janes Gypsum Floors,
Maxxon Corporation, Formglas, Harrison Gypsum, USG Corporation, Ardex Group, Mapei, PT SiamIndo Gypsum Industry,
AccuCrete, Formglas Products and Taishan Gypsum. In March 2018, Maxxon Corporation launched Maxxon Gyp-Crete
2000/3.2 K Gypsum Underlayment System which is ideal for application in light commercial and multifamily construction
as well as for renovation projects over concrete or wood subfloors. The crack-resistant surface offers a perfect base for
almost any floor covering. Other players are similarly involved in research & development, expansions and collaboration
for their strategic growth.
Market Segmentation:
The global gypsum concrete market is bifurcated based on the material, subfloor type, vertical and region. Based on the
material, the gypsum concrete market is segmented as gypsum plaster, Portland cement, sand and others. Portland