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The global earthen plasters market size is estimated to grow from USD 86 million in 2021 to USD 103 million by 2026, at a CAGR of 3.5% during the forecast period. Thedriving factors for the earthen plasters market is the advantages of clay plasters over other natural plasters, the growth in industrial, commercial & residential construction activities. Thus, this driving factor is boosting the demand for the earthen plasters industry.
Aluminum is the fastest-growing type segment in the Earthen plasters market. Aluminum stabilize clay minerals by decreasing critical coagulation concentration, clay dispersion, water uptake, and clay swelling and by increasing micro aggregation. It accounted for a share of about 27.9% of the earthen plasters market, in terms of value, in 2020.
APAC accounted for the largest share of the earthen plasters market in 2020. The market in the region is growing because of growing demand from roofs, masonary and walls application sectors. The market is also driven by foreign investments, supported by cheap labor and economical and accessible raw materials.
American Clay Enterprises LLC (US), Clayworks (India), Claytech Baustoffe Aus Lehm (UK), Conluto (Germany) and Clay.lt (Lithuania), among others, are the leading earthen plasters manufacturers, globally. These companies have done numerous projects across the globe to earn a competitive advantage in the earthen plasters market.