Lime And Gypsum Products Market Forecast 2025-2034: Growth Dynamics, Emerging Trends, and Strategic Opportunities
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Are the Primary Drivers Supporting the Market Growth of theLime And Gypsum Products Market?
The lime and gypsum products market is expected to grow as the construction sector expands. Lime is used in soil stabilization for construction projects such as roads and building foundations, while gypsum is used to manufacture wallboards. The Oxford Economics report on the future of construction predicts that $135 trillion will be spent on construction globally by 2030, which will drive demand for lime and gypsum products.
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What is the Predicted Annual Growth Rate of theLime And Gypsum Products Market Impact Industry Trends by 2034?
The lime and gypsum products market has grown strongly in recent years. It will grow from $59.87 billion in 2024 to $63.51 billion in 2025, at a CAGR of 6.1%. This market growth is largely driven by construction industry expansion, urbanization, agriculture, and environmental regulations.
The lime and gypsum products market is projected to see steady growth, expected to reach $76.14 billion by 2029, growing at a CAGR of 4.6%. This growth is attributed to investments in infrastructure, the adoption of sustainable building practices, renewable energy projects, raw material availability, and technological advancements. Trends include electrification, lightweighting, advanced materials, additive manufacturing, and increased collaboration and partnerships within the industry.
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What New Market Trends Are Reshaping theLime And Gypsum Products Market and Its Opportunities?
Global manufacturers of lime and gypsum products are increasingly adopting IoT (Internet of Things) technology to improve efficiency and enhance productivity. IoT enables the seamless connection of people, machines, and services, facilitating the real-time flow of information and decision-making. The benefits of IoT include higher asset uptime, predictive maintenance, and faster processing and delivery times. In November 2022, Ericsson, a Sweden-based telecommunications company, reported that broadband IoT (4G/5G) reached 1.3 billion connections globally, with North East Asia leading in cellular IoT connections.
Who Are the Major Industry Players Accelerating Growth in theLime And Gypsum Products Market?
Major companies operating in the lime and gypsum products market include Compagnie de Saint-Gobain S.A, USG Corporation, China National Building Material Group Co. Ltd., Lhoist S.A., CRH plc, New Ngc Inc., Knauf Gips KG, CSR Limited, KCC Corporation, Ube Industries ltd, Eagle Materials Inc., LafargeHolcim Ltd., Boral Limited, National Gypsum Company, American Gypsum Company LLC, Georgia-Pacific LLC, CertainTeed Corporation, PABCO Building Products LLC, Yoshino Gypsum Co. Ltd., Continental Building Products Inc., Harrison Gypsum LLC, United States Gypsum Company, Gypsum Management and Supply Inc., GMS Inc., National Lime & Stone Company, Carmeuse Lime & Stone, Graymont Limited, Mississippi Lime Company, Cheney Lime & Cement Company, Chemical Lime Company, Martin Marietta Materials Inc., Vulcan Materials Company, CEMEX S.A.B. de C.V.
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Which Primary Segments of the Lime And Gypsum Products Market Are Driving Growth and Industry Transformations?
The lime and gypsum products market covered in this report is segmented –
1) By Type: Lime Products, Gypsum Products
2) By Product Type: Industrial-Grade, Pharmaceutical-Grade, Food-Grade
3) By Application: Building and Construction, Agriculture, Waste-Water Treatment, Paper Production, Other Applications
Subsegments:
1) By Lime Products: Quicklime, Hydrated Lime, Dolomitic Lime, Refractory Lime
2) By Gypsum Products: Gypsum Boards, Gypsum Plaster, Gypsum Blocks, Plaster of Paris
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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of theLime And Gypsum Products Market?# Market?
Western Europe was the largest region in the lime and gypsum products market in 2023. The Asia-Pacific was the second-largest region in the lime and gypsum products market. The regions covered in the clay products and refractories report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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