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The gypsum market is expected to grow from $14.76 billion in 2021 to $15.78 billion in 2022 at a compound annual growth rate (CAGR) of 6.9%. The market is expected to reach $18.11 billion in 2026 at a compound annual growth rate (CAGR) of 3.5%.

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Gypsum Market Driver

The growth in the gypsum mining market is due to increasing demand for mining, improving technologies, and emerging markets.

Gypsum Market Trends

3D mapping technology is being adopted by gypsum mining companies to create digital maps of underground mines. 3-D mapping systems provide significant improvements in mine safety and automatically map and measure production, which is the major trend in the gypsum mining market.

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Gypsum Market Segmentation By The Business Research Company

1) By Type: Gypsum for Construction, Agricultural Gypsum, and Others

2) By Mining Type: Underground Mining, Surface Mining

Major Players And Regions Of The Gypsum Market

Major players in the gypsum market are USG, Beijing New Building Materials Public Limited Company, Knauf, Boral, and St. Gobain.

South America was the largest region in the gypsum market in 2021.

The Gypsum Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the gypsum market.

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