The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Due to increasing demand for mining, improving technologies, and emerging markets are expected to drive innovation in gypsum manufacturing, thus driving the market during the forecast period.

The global gypsum market is expected to grow from $29.63 billion in 2022 to $31.28 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The gypsum market size is expected to grow from $39.72 billion in 2027 at a CAGR of 6.2%.

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Global Gypsum Market Segments Include:

• By Type: Gypsum – Construction, Agricultural Gypsum, and Other Types- Gypsum
• By Mining Type: Underground Mining, Surface Mining
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, South America is the largest region in the global gypsum market in 2021.

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

3D mapping technology is being adopted by gypsum 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 market.

The Gypsum Global Market Report 2023 provides a gypsum market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The gypsum market forecast analyzes gypsum market size, gypsum market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Gypsum refers to the process of mining gypsum and its compounds which are used in the production of wallboard, cement, plaster of Paris, soil conditioning, and as a hardening retarder in Portland cement.

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