Joint Compounds Market Report 2025

The joint compounds market size has grown strongly in recent years. It will grow from $5.02 billion in 2024 to $5.37 billion in 2025 at a compound annual growth rate (CAGR) of 7%. The growth during the historic period can be attributed to the rise in residential construction activities, increasing demand for interior aesthetic finishes, expanding renovation and remodeling projects, greater use of drywall in commercial construction, and the wider availability of ready-mix and lightweight compounds.

The joint compounds market size is expected to see strong growth in the next few years. It will grow to $6.95 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth expected in the forecast period is driven by the rising trend of DIY home improvements, greater adoption of green building practices, increased government spending on construction, growing investments in energy-efficient buildings, and heightened demand for high-quality materials. Key trends during this period include improvements in lightweight formulations, incorporation of dust control technologies, automation advancements in application tools, development of mold-resistant and mildew-blocking compounds, and innovations in quick-setting and fast-drying compounds.

The expanding construction industry is anticipated to drive the growth of the joint compounds market moving forward. This industry encompasses the planning, design, construction, and maintenance of buildings, infrastructure, and other physical structures across residential, commercial, and industrial sectors. Growth in the construction industry is driven by population increases, which create greater demand for housing, infrastructure, and public facilities to support growing urban and suburban areas. Joint compounds play a vital role in construction by finishing drywall installations, filling joints, seams, and screw holes to produce smooth and seamless wall and ceiling surfaces. For example, according to the Bureau of Labor Statistics, a US government agency, the construction sector is expected to grow by 4.7% between 2023 and 2033, surpassing the 4% growth projected across all industries. This growth is forecasted to generate about 380,100 new jobs, raising total construction employment to nearly 8.4 million by 2033. Therefore, the expanding construction industry is boosting the joint compounds market.

Innovation in joint compounds is accelerating with the introduction of ultra-rapid and super-fine setting solutions to meet demand for quicker and smoother finishes. Leading companies in the joint compounds market are launching advanced products like super-fine setting joint compounds, designed to shorten setting times while delivering a finer, smoother surface compared to traditional ready-mix or standard gypsum-based compounds. For instance, in February 2025, Pladur Gypsum S.A., a Spain-based gypsum product manufacturer, introduced two new joint compounds: Pasta Pladur ST2 Superfina and Pasta Pladur ST30. The ST2 Superfina is a powdered compound formulated for manual joint treatment in cold and humid environments, offering a consistent 120-minute set time and easy sanding, suitable for Q1-Q3 finish levels. The ST30 provides an ultra-rapid set time of 30 minutes and a superior fine finish, ideal for same-day minor repairs, along with excellent workability and sanding ease. These products highlight Pladur’s focus on sustainability, energy efficiency, and ergonomic application methods.

In February 2025, Compagnie de Saint-Gobain S.A., a France-based manufacturer, acquired Fosroc International Limited for an undisclosed amount. Through this acquisition, Saint-Gobain seeks to enhance its presence in high-growth emerging markets, particularly in India and the Middle East, while advancing its goal of becoming the global leader in light and sustainable construction. Fosroc International Limited is a UK-based company that produces and supplies high-performance chemicals for the construction industry, including joint compounds.

Major players in the joint compounds market are Dow Inc., Compagnie de Saint-Gobain, Henkel AG & Co. KGaA, PPG Industries Inc., National Gypsum Company, Sika AG, USG Corporation, Etex NV, ASG Group, ParexGroup Limited, Pidilite Industries Limited, DAP Products Inc., Knauf Gips KG, Holcim Ltd., Zawawi Minerals LLC, Freeman Products Inc., Wacker Chemie AG, Mapei S.p.A., Solid Products Inc., Mada Gypsum Company, and VANS Gypsum Private Limited.

North America was the largest region in the joint compounds market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in joint compounds report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the joint compounds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

Joint compounds, commonly known as drywall mud, are thick pastes mainly composed of gypsum powder mixed with water. They are used to fill and seal joints, seams, and imperfections between drywall panels, creating a smooth, seamless surface ready for painting or finishing. These compounds play a vital role in drywall installation by covering fasteners, embedding joint tape, and repairing minor damage to walls or ceilings.

The primary types of joint compounds include ready-mixed, setting-type, all-purpose, and lightweight varieties. Ready-mixed joint compound is a pre-formulated product that requires no mixing before use, offering great convenience for both professionals and DIY enthusiasts. It comes in various packaging sizes such as small packs (up to 5 kg), medium packs (6-15 kg), and bulk sizes (15 kg and above), and is available through retail stores, offline distributors, and online platforms. This type of joint compound is widely applied in drywall joints, ceiling joints, corner beads, texturing, and other uses, serving end users in residential, commercial, institutional, and industrial construction sectors.

The joint compounds market research report is one of a series of new reports that provides joint compounds market statistics, including joint compounds industry global market size, regional shares, competitors with a joint compounds market share, detailed joint compounds market segments, market trends and opportunities, and any further data you may need to thrive in the joint compounds industry. This joint compound market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The joint compounds market consists of sales of ready-mixed joint compounds, setting-type joint compounds, all-purpose joint compounds, topping compounds, and lightweight joint compounds. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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