Joint Compounds

Global Joint Compounds Market to Reach US$6.5 Billion by 2030

The global market for Joint Compounds estimated at US$5.1 Billion in the year 2024, is expected to reach US$6.5 Billion by 2030, growing at a CAGR of 4.0% over the analysis period 2024-2030. Setting type, one of the segments analyzed in the report, is expected to record a 3.3% CAGR and reach US$4.0 Billion by the end of the analysis period. Growth in the Drying type segment is estimated at 5.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.4 Billion While China is Forecast to Grow at 7.3% CAGR

The Joint Compounds market in the U.S. is estimated at US$1.4 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 7.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.7% and 3.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.

Global Joint Compounds Market – Key Trends & Drivers Summarized

The joint compounds market is experiencing steady growth, driven by increasing construction activities, renovation projects, and advancements in building materials. Joint compounds, also known as drywall mud, are essential materials used for sealing joints between drywall sheets, repairing surface imperfections, and achieving a smooth, finished look in interior walls and ceilings. With the rapid expansion of urban infrastructure, rising consumer preference for high-quality finishes, and growing demand for eco-friendly construction materials, the joint compounds market is evolving with new innovations and improved formulations.

What Are the Emerging Trends Shaping the Joint Compounds Market?

One of the most prominent trends in the joint compounds market is the shift toward lightweight and low-dust formulations. Traditional joint compounds can be heavy, leading to increased labor fatigue and transportation costs. To address this, manufacturers are developing lightweight compounds that offer the same durability and workability while reducing application effort. Additionally, low-dust formulations have gained popularity due to their ability to minimize airborne particles during sanding, improving indoor air quality and making job sites cleaner and safer for workers.

Another significant trend is the rising demand for eco-friendly and low-VOC (volatile organic compounds) joint compounds. With stringent environmental regulations and increasing awareness of indoor air pollution, the construction industry is moving towards greener building materials. Manufacturers are focusing on developing joint compounds that are free from harmful chemicals, have improved sustainability, and contribute to healthier indoor environments. Water-based formulations, bio-based additives, and products certified for low emissions are gaining traction, especially in residential and commercial construction projects seeking LEED (Leadership in Energy and Environmental Design) certification.

Prefabrication and modular construction are also influencing the joint compounds market. As modular construction methods continue to gain popularity, there is a growing demand for joint compounds that cater to quick installation and seamless finishing. Products with fast-drying properties, enhanced adhesion, and crack-resistant formulations are becoming essential for construction companies looking to improve efficiency and reduce project timelines. The adoption of ready-mix joint compounds is also increasing, as they offer convenience, consistent quality, and time-saving benefits compared to traditional dry-mix alternatives.

How Are Technological Advancements Driving the Market?

Advancements in material science and formulation technologies have significantly improved the performance and application efficiency of joint compounds. One of the key innovations in this space is the introduction of polymer-modified joint compounds. These advanced formulations enhance flexibility, adhesion, and resistance to shrinkage and cracking, resulting in superior durability and finish quality. Polymer additives improve workability, reduce drying time, and provide better resistance to environmental factors such as humidity and temperature fluctuations.

Another major technological advancement is the integration of smart additives for enhanced performance. Self-leveling joint compounds, for example, incorporate special additives that allow the compound to spread evenly across surfaces, reducing the need for excessive sanding and reapplication. Additionally, moisture-resistant and mold-resistant joint compounds are gaining popularity in high-humidity environments such as bathrooms, basements, and commercial kitchens. These products contain antimicrobial agents that prevent mold growth, extending the lifespan of the finished surface and improving indoor air quality.

Automation in drywall finishing is also impacting the joint compounds market. With advancements in construction robotics and automated taping tools, the demand for joint compounds compatible with machine application is growing. Automated drywall finishing systems improve consistency, reduce labor costs, and enhance the overall efficiency of large-scale construction projects. This shift toward mechanized application is prompting manufacturers to develop joint compounds with optimized viscosity and drying properties to support seamless integration with modern drywall tools.

What Is Driving the Growth of the Joint Compounds Market?

The growth in the joint compounds market is driven by several factors, including the expansion of the global construction industry, increasing investments in residential and commercial real estate, and rising renovation and remodeling activities. Rapid urbanization and infrastructure development, particularly in emerging economies, are fueling demand for drywall materials and finishing products, including joint compounds. The surge in high-rise buildings, commercial complexes, and housing projects has further contributed to market expansion.

The growing trend of home improvement and interior renovations is another key driver of the market. As homeowners and property developers seek modern, aesthetically pleasing interiors, the demand for smooth wall finishes and durable joint compounds continues to rise. The do-it-yourself (DIY) segment is also contributing to market growth, with more consumers purchasing ready-mix joint compounds for small-scale home repairs and renovations. Retail expansion and the availability of easy-to-use products through home improvement stores and e-commerce platforms have made these products more accessible to a wider audience.

Another significant growth driver is the emphasis on cost-effective and time-saving construction solutions. As labor costs rise and project deadlines become tighter, contractors and builders are increasingly opting for high-performance joint compounds that reduce application time, minimize rework, and provide long-lasting durability. Fast-drying, pre-mixed, and high-coverage formulations are becoming essential for ensuring efficiency in both new construction and repair projects. Additionally, sustainability initiatives and regulatory requirements promoting green building materials are pushing manufacturers to innovate and develop environmentally friendly joint compounds that align with industry standards.

As the construction sector continues to evolve, the demand for advanced, sustainable, and high-performance joint compounds is expected to grow. Innovations in formulation technology, automation, and eco-friendly materials will play a crucial role in shaping the future of the market, ensuring continued development and widespread adoption in the years to come.

SCOPE OF STUDY:

The report analyzes the Joint Compounds market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product Type (Setting type, Drying type, Ready Mix); Application Areas (Drywall Joints, Ceiling Joints, Corner Bead, Texturing, Others); End-User (Residential Construction, Commercial Construction, DIY Enthusiasts, Others)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 44 Featured) -

• ASG Plaster
• Beadex Manufacturing, LLC
• CertainTeed (Saint-Gobain subsidiary)
• Chiyoda UTE Co., Ltd.
• Compagnie de Saint-Gobain S.A.
• Continental Building Products
• DAP Products Inc.
• Freeman Products, Inc.
• Hamilton Drywall Products
• India Gypsum Pvt. Ltd.
• Knauf Gips KG
• Kuiken Brothers Company, Inc.
• Murco Wall Products
• National Gypsum Company
• ProForm Finishing Products LLC
• Solid Products, Inc.
• Supermastick S.A.S
• USG Corporation
• VANS Gypsum
• Westpac Materials

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

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APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

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