Press release
Gypsum Global Market Expected to Reach $47,177.12 Million By 2031 | Key Players: Rio Tinto Group, Iluka Resources Limited, FCI Aravali Gypsum and Minerals, zawawi minerals, kunooz oman holding
Gypsum Market
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The global gypsum market size reached a value of nearly $26,449.07 million in 2021, having increased at a compound annual growth rate (CAGR) of 7.1% since 2016. The market is expected to grow from $26,449.07 million in 2021 to $37,319.91 million in 2026 at a rate of 7.1%. The global gypsum market size is then expected to grow at a CAGR of 4.8% from 2026 and reach $47,177.12 million in 2031.
Gypsum market consists of sales of gypsum and its compounds by entities (organizations, sole traders and partnerships) that are widely mined and are used as prefabricated wallboard or as building plaster, in cement manufacture, agriculture and other uses. Gypsum is a soft mineral found in crystals as well as masses called gypsum rock. Gypsum has fire resistance properties, sound insulation properties, and is capable of stabilizing conditions such as indoor humidity and temperature.
Gypsum is a sulphate mineral composed of hydrated calcium sulphate (CaSO4·2H2O). Gypsum in its natural form is most commonly found in thick beds amid layers of sedimentary rocks such as limestone, shale, and sandstone. It also occurs in considerable quantity in saline lakes and salt pans and is an important constituent of cap rock, an anhydrite-gypsum rock forming a covering on salt domes. Gypsum is the most widely used building material in interior design.
Companies in the gypsum market are increasingly investing in lithium battery-powered gypsum haulers over conventional or diesel-powered mining machinery and equipment due to the increasing shift in focus among companies towards the reduction of greenhouse gases from daily operations, lower operating costs and improved health and safety of working professionals.
Gypsum Market Segmentation:
By Application -
The gypsum market is segmented by application into
a) Gypsum For Construction
b) Agricultural Gypsum
c) Other Gypsum
By Mining Type -
The gypsum market is segmented by mining type into
a) Underground Mining
b) Surface Mining
Some of the key players involved in the Gypsum market are Rio Tinto Group, Iluka Resources Limited, FCI Aravali Gypsum and Minerals, zawawi minerals, kunooz oman holding
The regions covered in the global Gypsum market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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A Few Points From The Table Of Content
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
.....
24. Key Mergers And Acquisitions
25. Market Background: General Minerals Market Characteristics
26. Opportunities And Strategies
27. Gypsum Market, Conclusions And Recommendations
28. Appendix
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