×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

Plaster Accelerator Market

ID: MRFR/PCM/34624-HCR
111 Pages
Snehal Singh
October 2025

Plaster Accelerator Market Research Report: By Type (Chemical Accelerators, Physical Accelerators, Heat Generators), By Application (Residential Construction, Commercial Construction, Industrial Applications), By End Use (New Construction, Renovation, Repair and Maintenance), By Formulation (Powder Form, Liquid Form, Granular Form) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2035.

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Plaster Accelerator Market Infographic
Purchase Options

Plaster Accelerator Market Summary

As per Market Research Future analysis, the Plaster Accelerator Market Size was estimated at 1.756 USD Billion in 2024. The Plaster Accelerator industry is projected to grow from 1.847 USD Billion in 2025 to 3.055 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 5.16% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The Plaster Accelerator Market is experiencing robust growth driven by technological advancements and increasing demand for sustainable construction practices.

  • North America remains the largest market for plaster accelerators, driven by extensive construction activities.
  • Asia-Pacific is the fastest-growing region, reflecting rapid urbanization and infrastructure development.
  • Chemical accelerators dominate the market, while physical accelerators are emerging as the fastest-growing segment.
  • Rising construction activities and a growing focus on speed and efficiency are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 1.756 (USD Billion)
2035 Market Size 3.055 (USD Billion)
CAGR (2025 - 2035) 5.16%

Major Players

Saint-Gobain (FR), BASF (DE), Sika AG (CH), Knauf Gips KG (DE), USG Corporation (US), LafargeHolcim (CH), Cemex (MX), Fischer (DE), Boral Limited (AU)

Plaster Accelerator Market Trends

The Plaster Accelerator Market is currently experiencing a notable transformation, driven by advancements in construction technologies and increasing demand for rapid-setting materials. This market appears to be influenced by a variety of factors, including the growing emphasis on efficiency in construction processes and the need for high-performance building materials. As urbanization continues to rise, the construction industry is likely to seek solutions that not only expedite project timelines but also enhance the durability and quality of structures. Consequently, plaster accelerators are becoming integral to modern construction practices, as they facilitate quicker setting times and improve overall project efficiency. Moreover, sustainability considerations are gaining traction within the Plaster Accelerator Market. Manufacturers are increasingly focusing on eco-friendly formulations that minimize environmental impact while maintaining performance standards. This shift towards sustainable practices may reflect a broader trend within the construction sector, where stakeholders are prioritizing materials that align with green building initiatives. As a result, the market landscape is evolving, with innovative products emerging that cater to both performance and environmental sustainability. The future of the Plaster Accelerator Market seems poised for growth, driven by these dual imperatives of efficiency and sustainability.

Technological Advancements

The Plaster Accelerator Market is witnessing a surge in technological innovations that enhance product performance. New formulations and application techniques are being developed, allowing for faster setting times and improved adhesion properties. This trend indicates a shift towards more efficient construction practices, as builders seek materials that can meet the demands of modern projects.

Sustainability Focus

There is a growing emphasis on sustainability within the Plaster Accelerator Market, as manufacturers strive to create eco-friendly products. This trend suggests a shift towards materials that not only perform well but also minimize environmental impact. The integration of sustainable practices may appeal to environmentally conscious consumers and align with global green building initiatives.

Urbanization and Infrastructure Development

The ongoing urbanization and infrastructure development across various regions are driving demand in the Plaster Accelerator Market. As cities expand and new construction projects emerge, the need for efficient and high-quality building materials becomes increasingly critical. This trend highlights the market's potential for growth as it adapts to the evolving needs of the construction industry.

Plaster Accelerator Market Drivers

Technological Innovations

Technological advancements play a pivotal role in shaping the Plaster Accelerator Market. Innovations in chemical formulations and production processes have led to the development of more effective and environmentally friendly plaster accelerators. For instance, the introduction of bio-based accelerators is gaining traction, appealing to eco-conscious consumers and construction firms. In 2025, the market for these innovative products is expected to account for a significant share, as they offer improved performance and sustainability. Furthermore, advancements in application techniques are enhancing the efficiency of plaster application, thereby increasing the overall demand for accelerators. This continuous evolution suggests a dynamic landscape for the Plaster Accelerator Market, where innovation drives growth.

Rising Construction Activities

The Plaster Accelerator Market is experiencing a surge in demand due to increasing construction activities across various sectors. As urbanization continues to expand, the need for residential, commercial, and industrial buildings rises. In 2025, the construction sector is projected to grow at a rate of approximately 5.5% annually, driving the demand for plaster accelerators. These products are essential for enhancing the setting time of plaster, allowing for quicker project completion. Consequently, construction companies are increasingly adopting plaster accelerators to meet tight deadlines and improve efficiency. This trend indicates a robust growth trajectory for the Plaster Accelerator Market, as it aligns with the broader construction industry's expansion.

Increased Focus on Speed and Efficiency

The Plaster Accelerator Market is witnessing a heightened emphasis on speed and efficiency in construction processes. As project timelines become increasingly compressed, contractors are seeking solutions that enable faster curing and setting times for plaster. The use of plaster accelerators allows for quicker turnaround times, which is particularly crucial in large-scale projects. In 2025, it is estimated that the demand for plaster accelerators will rise by approximately 7%, driven by this need for efficiency. This trend reflects a broader shift in the construction industry towards optimizing workflows and reducing downtime, thereby enhancing productivity. Consequently, the Plaster Accelerator Market is poised for growth as it meets these evolving demands.

Regulatory Support for Construction Materials

The Plaster Accelerator Market benefits from regulatory frameworks that support the use of advanced construction materials. Governments are increasingly promoting the adoption of innovative building materials that enhance construction efficiency and sustainability. In 2025, various regions are expected to implement policies that encourage the use of plaster accelerators, recognizing their role in improving construction practices. This regulatory support not only fosters market growth but also drives research and development in the sector. As a result, manufacturers are likely to invest in creating more effective and compliant plaster accelerators, further propelling the Plaster Accelerator Market forward. This alignment with regulatory trends suggests a favorable environment for market expansion.

Growing Demand for Sustainable Construction Practices

The Plaster Accelerator Market is increasingly influenced by the growing demand for sustainable construction practices. As environmental concerns gain prominence, construction companies are seeking materials that minimize ecological impact. Plaster accelerators that are formulated with sustainable ingredients are becoming more popular, as they align with the industry's shift towards greener practices. In 2025, the market for sustainable plaster accelerators is projected to grow significantly, reflecting a broader trend towards eco-friendly construction solutions. This demand not only enhances the market's appeal but also encourages manufacturers to innovate and develop products that meet sustainability criteria. Thus, the Plaster Accelerator Market is likely to thrive as it adapts to these changing consumer preferences.

Market Segment Insights

By Type: Chemical Accelerators (Largest) vs. Physical Accelerators (Fastest-Growing)

In the Plaster Accelerator Market, the distribution of market share among the type segments has shown significant variance. Chemical Accelerators are the dominant player in this segment, leveraging a well-established market presence and extensive applications in plaster formulations. In contrast, Physical Accelerators are gaining momentum, attributed to an increasing demand for eco-friendly and innovative solutions that enhance plaster properties without compromising safety or performance.

Chemical Accelerators (Dominant) vs. Physical Accelerators (Emerging)

Chemical Accelerators are widely recognized for their efficiency in speeding up the setting times of plaster mixtures, making them integral in construction applications where time efficiency is crucial. They are characterized by robust chemical compositions that facilitate rapid curing, catering to both residential and commercial projects. Conversely, Physical Accelerators, although emerging, are gaining traction due to a growing emphasis on sustainable construction practices. They utilize physical properties to enhance the plaster's setting and hardening process, offering a non-toxic alternative that appeals to environmentally conscious consumers. As regulations tighten around chemical use, Physical Accelerators are expected to capture more market share.

By Application: Residential Construction (Largest) vs. Commercial Construction (Fastest-Growing)

In the Plaster Accelerator Market, the application segment reveals a diverse distribution among its key areas: residential construction, commercial construction, and industrial applications. Currently, residential construction holds the largest market share, driven by the increasing demand for faster drying times in homebuilding projects. On the other hand, commercial construction is quickly gaining traction, propelled by urbanization and the rapid expansion of infrastructure development that strongly supports the use of plaster accelerators.

Construction: Residential (Dominant) vs. Commercial (Emerging)

Residential construction remains the dominant segment in the plaster accelerator market due to its extensive use in home renovations and new building projects, emphasizing the need for high-performance accelerators that reduce drying times and improve plaster applications. Conversely, the commercial construction sector is emerging as a significant player, characterized by the swift growth of high-rise buildings and expansive commercial projects. This transition is spurred by increasing investments in commercial real estate, where time efficiency and quality in plaster finishes are critical. As contractors seek competitive advantages, the adoption of plaster accelerators in this segment is on the rise, aligning with the overarching industry trends of sustainability and efficiency.

By End-Use: New Construction (Largest) vs. Renovation (Fastest-Growing)

In the Plaster Accelerator Market, the end-use segment is dominated by new construction applications, which hold a significant portion of the market share. This segment benefits from the ongoing urbanization and infrastructure development globally, driving a steady demand for plaster accelerators in new building projects. Meanwhile, renovation activities are gaining traction, reflecting a growing trend where existing structures are upgraded, thereby increasing the need for effective plaster solutions during refurbishments. The growth in the renovation segment can be attributed to a surge in home improvement projects and the increasing focus on restoring older buildings. As consumer preferences shift towards enhancing existing properties rather than building new ones, contractors and builders are increasingly using plaster accelerators to speed up the process and improve the quality of finishes. This trend illustrates a dynamic market responding to the diverse needs of construction and architectural developments.

New Construction (Dominant) vs. Renovation (Emerging)

The New Construction end-use segment is currently the dominant player in the Plaster Accelerator Market, attributed to ongoing investment in infrastructure and real estate development. This category encompasses a variety of projects, from residential buildings to commercial complexes, leveraging plaster accelerators to ensure quicker setting times and enhanced finish quality. In contrast, the Renovation segment is emerging rapidly, driven by a preference for modernizing older buildings and homes. Renovation projects commonly require plaster accelerators to adhere to time constraints and demanding aesthetic standards, making this segment increasingly significant. As the trend towards revitalizing existing structures continues to grow, the role of plaster accelerators in renovation projects is becoming vital, fostering innovations in product formulations to meet diverse renovation needs.

By Formulation: Powder Form (Largest) vs. Liquid Form (Fastest-Growing)

In the Plaster Accelerator Market, the distribution of shares among the different forms of formulation illustrates a competitive landscape. The Powder Form has established its dominance over the other formulations, accounting for a significant portion of the market share. Liquid Form, while smaller in size compared to Powder, is rapidly gaining traction, driven by its ease of use and faster application processes. The Granular Form, though present, remains the least preferred option among consumers, indicating a preference for the more convenient Powder and Liquid alternatives. The growth trends indicate a notable shift in consumer preferences, with researchers identifying the Liquid Form as the fastest-growing segment in the market. This trend is attributed to advancements in product formulations that enhance performance and application speed. Moreover, the increasing demand for quicker drying times in construction projects is leading to greater adoption of Liquid Form among contractors. Powder Form remains strong due to its well-established reliability, particularly for bulk applications, but Liquid Form is poised to capture an increasing share with its innovative solutions.

Powder Form (Dominant) vs. Liquid Form (Emerging)

Powder Form is the dominant segment in the Plaster Accelerator Market, preferred for its established consistency and effectiveness in a variety of applications. It typically offers longer shelf life and stability during storage, making it a go-to option for contractors who prioritize reliability in their construction processes. On the other hand, Liquid Form is emerging as a preferred choice, appealing particularly to those needing rapid application and convenient usability. Its formulation allows for quicker mixing and application, attracting a growing customer base that values efficiency. The versatility of both forms creates a dynamic competition, with Powder Form still leading while Liquid Form capitalizes on shifting market trends towards quicker, more manageable solutions.

Get more detailed insights about Plaster Accelerator Market

Regional Insights

North America : Construction Growth Driver

North America is witnessing robust growth in the plaster accelerator market, driven by a booming construction sector and increasing demand for quick-setting materials. The region holds approximately 40% of the global market share, making it the largest market. Regulatory support for sustainable building practices further fuels this growth, as governments push for eco-friendly construction materials. The United States and Canada are the leading countries in this region, with major players like USG Corporation and Saint-Gobain dominating the market. The competitive landscape is characterized by innovation and strategic partnerships among key players, ensuring a steady supply of advanced plaster accelerator products to meet rising construction demands.

Europe : Innovation and Sustainability Focus

Europe is emerging as a significant player in the plaster accelerator market, driven by stringent regulations promoting sustainability and innovation in construction. The region accounts for about 30% of the global market share, making it the second-largest market. The European Union's Green Deal and various national initiatives encourage the use of eco-friendly materials, boosting demand for plaster accelerators that meet these standards. Germany, France, and the UK are the leading countries in this market, with key players like BASF and Knauf Gips KG leading the charge. The competitive landscape is marked by a focus on research and development, with companies investing heavily in innovative solutions to enhance product performance and sustainability. This dynamic environment fosters collaboration among industry stakeholders to meet evolving market needs.

Asia-Pacific : Rapid Urbanization and Growth

Asia-Pacific is experiencing rapid urbanization, significantly driving the plaster accelerator market. The region holds approximately 25% of the global market share, fueled by increasing infrastructure projects and a growing demand for efficient construction materials. Government initiatives aimed at enhancing urban infrastructure further catalyze market growth, as countries invest in modernization and development. China and India are the leading countries in this region, with a strong presence of key players like Sika AG and LafargeHolcim. The competitive landscape is characterized by a mix of local and international companies, all vying for market share. The focus on innovation and cost-effective solutions is paramount, as companies strive to meet the diverse needs of a rapidly growing construction sector.

Middle East and Africa : Emerging Market Opportunities

The Middle East and Africa region is witnessing a surge in the plaster accelerator market, driven by increasing construction activities and infrastructure development. This region holds about 5% of the global market share, with significant growth potential as governments invest in large-scale projects. Regulatory frameworks are evolving to support sustainable construction practices, further enhancing market opportunities. Countries like the UAE and South Africa are at the forefront of this growth, with key players such as Cemex and Boral Limited actively participating in the market. The competitive landscape is characterized by a mix of established companies and emerging local players, all focused on delivering innovative plaster solutions to meet the demands of a growing construction industry.

Plaster Accelerator Market Regional Image

Key Players and Competitive Insights

The Plaster Accelerator Market is currently characterized by a dynamic competitive landscape, driven by increasing demand for rapid construction solutions and enhanced material performance. Key players such as Saint-Gobain (FR), BASF (DE), and Sika AG (CH) are strategically positioned to leverage innovation and regional expansion to capture market share. Saint-Gobain (FR) focuses on sustainable building materials, while BASF (DE) emphasizes chemical innovations that enhance plaster performance. Sika AG (CH) is known for its strong commitment to research and development, which allows it to introduce cutting-edge products that meet evolving customer needs. Collectively, these strategies contribute to a competitive environment that is increasingly focused on technological advancement and sustainability.

In terms of business tactics, companies are localizing manufacturing to reduce lead times and optimize supply chains, which is crucial in a market that is moderately fragmented. The competitive structure is influenced by the presence of both large multinational corporations and smaller regional players, creating a diverse landscape where innovation and operational efficiency are paramount. The collective influence of these key players shapes market dynamics, as they strive to differentiate themselves through unique product offerings and customer engagement strategies.

In August 2025, Sika AG (CH) announced the launch of a new line of eco-friendly plaster accelerators designed to reduce carbon emissions during application. This strategic move not only aligns with global sustainability trends but also positions Sika AG as a leader in environmentally responsible construction solutions. The introduction of these products is likely to enhance their market appeal, particularly among environmentally conscious consumers and contractors.

In September 2025, BASF (DE) unveiled a partnership with a leading construction technology firm to integrate AI-driven analytics into their plaster accelerator formulations. This collaboration aims to optimize product performance and tailor solutions to specific construction needs. By leveraging advanced technology, BASF (DE) appears to be enhancing its competitive edge, potentially leading to improved customer satisfaction and loyalty.

In July 2025, Saint-Gobain (FR) expanded its manufacturing capabilities in Eastern Europe, focusing on the production of high-performance plaster accelerators. This expansion is indicative of the company's strategy to penetrate emerging markets and respond to the growing demand for rapid construction materials in the region. Such moves are likely to bolster Saint-Gobain's market presence and operational efficiency.

As of October 2025, the Plaster Accelerator Market is witnessing trends that emphasize digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are increasingly shaping the competitive landscape, allowing companies to pool resources and expertise to innovate more effectively. Looking ahead, competitive differentiation is expected to evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability, reflecting a broader shift in the construction industry towards more sustainable and efficient practices.

Key Companies in the Plaster Accelerator Market market include

Industry Developments

Recent developments in the  Plaster Accelerator Market have highlighted increased competition and innovation among key players such as Etex, Knauf, and Saint-Gobain. A notable trend has been the significant emphasis on sustainable and eco-friendly products as companies strive to meet consumer demands for greener building materials. Hill and Griffith, and USG Corporation have made strides in improving product efficiency, which is positively influencing their market positions. Additionally, mergers and acquisitions within this sector have gained momentum, especially with Boral and Sika's collaborations to strengthen their market share and technological capabilities.

In particular, advancements in plaster accelerator formulations are being driven by companies like Armstrong World Industries and HeidelbergCement, aimed at enhancing performance while reducing environmental impacts. The dynamic growth of this market is also reflected in the changing valuations of key players, indicating an overall increasing demand for plaster accelerators across construction and renovation projects. Furthermore, innovations in production techniques and distribution strategies among companies such as BASF and Cemex are shaping competitive dynamics within the  Plaster Accelerator Market.

Future Outlook

Plaster Accelerator Market Future Outlook

The Plaster Accelerator Market is projected to grow at a 5.16% CAGR from 2024 to 2035, driven by increasing construction activities and demand for rapid-setting materials.

New opportunities lie in:

  • Development of eco-friendly plaster accelerators for sustainable construction
  • Integration of smart technology in plaster application processes
  • Expansion into emerging markets with tailored product offerings

By 2035, the Plaster Accelerator Market is expected to achieve robust growth and increased market penetration.

Market Segmentation

Plaster Accelerator Market Type Outlook

  • Chemical Accelerators
  • Physical Accelerators
  • Heat Generators

Plaster Accelerator Market End-Use Outlook

  • New Construction
  • Renovation
  • Repair and Maintenance

Plaster Accelerator Market Application Outlook

  • Residential Construction
  • Commercial Construction
  • Industrial Applications

Plaster Accelerator Market Formulation Outlook

  • Powder Form
  • Liquid Form
  • Granular Form

Report Scope

MARKET SIZE 20241.756(USD Billion)
MARKET SIZE 20251.847(USD Billion)
MARKET SIZE 20353.055(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)5.16% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledSaint-Gobain (FR), BASF (DE), Sika AG (CH), Knauf Gips KG (DE), USG Corporation (US), LafargeHolcim (CH), Cemex (MX), Fischer (DE), Boral Limited (AU)
Segments CoveredType, Application, End Use, Formulation, Regional
Key Market OpportunitiesGrowing demand for rapid construction solutions drives innovation in the Plaster Accelerator Market.
Key Market DynamicsRising demand for rapid-setting plaster products drives innovation and competition in the plaster accelerator market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Leave a Comment

FAQs

What is the projected market valuation of the Plaster Accelerator Market by 2035?

The Plaster Accelerator Market is projected to reach a valuation of 3.055 USD Billion by 2035.

What was the overall market valuation of the Plaster Accelerator Market in 2024?

In 2024, the overall market valuation of the Plaster Accelerator Market was 1.756 USD Billion.

What is the expected CAGR for the Plaster Accelerator Market during the forecast period 2025 - 2035?

The expected CAGR for the Plaster Accelerator Market during the forecast period 2025 - 2035 is 5.16%.

Which companies are considered key players in the Plaster Accelerator Market?

Key players in the Plaster Accelerator Market include Saint-Gobain, BASF, Sika AG, Knauf Gips KG, USG Corporation, LafargeHolcim, Cemex, Fischer, and Boral Limited.

What are the main types of plaster accelerators in the market?

The main types of plaster accelerators in the market include Chemical Accelerators, Physical Accelerators, and Heat Generators.

How did the valuation of Chemical Accelerators change from 2024 to 2035?

The valuation of Chemical Accelerators is expected to increase from 0.703 USD Billion in 2024 to 1.188 USD Billion by 2035.

What applications are driving the growth of the Plaster Accelerator Market?

The growth of the Plaster Accelerator Market is driven by applications in Residential Construction, Commercial Construction, and Industrial Applications.

What is the projected valuation for the Residential Construction segment by 2035?

The Residential Construction segment is projected to reach a valuation of 1.195 USD Billion by 2035.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $ $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions