Plaster Accelerator Market Set to Reach US$ 500 Million by 2033: Driven by Green Construction and Technological Advancements

Plaster Accelerator Market
Plaster Accelerator Market

In a recent report by Future Market Insights, the global Plaster Accelerator market is poised to achieve a value pool of US$ 270 Million by the end of 2023, with a projected CAGR of 6.4% catapulting it to US$ 500 Million by 2033. This robust growth is attributed to various factors such as advancements in plastering techniques, cost-effectiveness, and the rising demand for environmentally sustainable construction practices.

Green Construction Fuels Demand

The surge in demand for Plaster Accelerators is intricately tied to the rise of green construction practices. As the world gravitates towards eco-friendly and sustainable building solutions, the use of natural plaster accelerators gains prominence. These accelerators not only contribute to efficient plastering but also align with the global movement towards reducing carbon emissions and conserving energy.

Technological Advancements Propel Growth

Significant strides in plastering techniques have stimulated the demand for plaster accelerators. These chemicals play a pivotal role in enhancing plastering quality and reducing the setting time, providing a solution that is both efficient and time-saving. The evolving construction landscape is increasingly relying on these advancements to meet the demands of a rapidly growing industry.

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Cost-effectiveness Driving Adoption

One of the key drivers for the adoption of plaster accelerators is their cost-effectiveness in comparison to traditional plastering methods. By reducing labor and material costs, these accelerators prove to be an economical choice for the construction industry. The cost savings contribute to the overall appeal of plaster accelerators, making them a preferred choice in various construction projects.

End Use in the Construction Sector

Plaster accelerators find substantial application in the construction sector, particularly as specialty construction chemicals mixed with plaster powder. With the construction industry expanding rapidly, the need for quick-setting solutions is paramount. Plaster accelerators facilitate time and cost savings, making them indispensable in the construction of non-residential sectors like airports and railway stations.

Versatility in Application

Plaster accelerators are versatile chemicals that can be added to any plaster to expedite the setting time. They are particularly valuable in scenarios requiring rapid hardening, such as high-speed production line castings, slush molding applications, and intricate minute-piece castings. This granular chemical, when mixed with gauging water before adding to plaster powder, accelerates the curing process, allowing for quicker plaster setting.

As the market for plaster accelerators continues to expand, driven by population growth, economic development, and infrastructure demands, it is poised to play a pivotal role in shaping the future of the construction industry. With the ongoing urban construction boom, the demand for plaster accelerators is set to flourish in the coming decade, offering efficient solutions for the evolving needs of the construction landscape.

Competitive Landscape Analysis

The survey offers insights into critical trends and opportunities across technology industry and studies their impact on demand-supply forces in the Plaster Accelerator market. It also profiles a list of prominent companies including

  • Qingdao Yuyin Chemicals Co Ltd
  • Kalyan Industries
  • Vijaya Building materials
  • Calder Industrial Materials Ltd
  • Manningham Concrete
  • USG Corporation
  • Shanghai Landytop Gypsum Machinery Co. Ltd
  • Egger
  • Eazymix
  • Gyprock
  • CEMEX group and Fibrehand Plaster Suppliers Ltd.

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Key Segments Profiled in the Plaster Accelerator Industry Survey

By Application:

  • Gypsum Plaster
  • Non Gypsum Plaster

By Application:

  • Residential
  • Commercial
  • Industrial
  • Infrastrcuture

Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Plaster Accelerator market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Plaster Accelerator market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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