Gypsum Mining Market Driven By Surging Demand In Cement Production Driver: Leading Transformation in the Gypsum Market in 2025

What industry-specific factors are fueling the growth of the gypsum market?
The growth of the gypsum mining market is anticipated to be fuelled by an increase in cement production in the forecasted period. Cement, a crucial building material, solidifies and sticks to building units. Gypsum, a primary mineral, is incorporated into the cement and acts as a retardant. It primarily modifies the setting time of the cement, preventing the cement from solidifying immediately when it comes in contact with water, which releases heat. As an example, the India Brand Equity Foundation, an Indian company, reported a 12.1% surge in India's cement production in September 2022, compared to the same period in 2021. Consequently, the uplift in cement production is expected to boost the gypsum market's growth.

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What Is the projected market size and growth rate for the gypsum market?
In recent times, the gypsum market size has witnessed rapid growth. The market size, which is predicted to be $41.25 billion in 2024, is projected to expand to $47.57 billion in 2025, with a compound annual growth rate (CAGR) of 15.3%. The significant growth in the past years is largely due to the escalation in mining production as well as government-led initiatives for the expansion of gypsum mines.

In the coming years, the gypsum market is anticipated to witness accelerated growth, expanding to $77.44 billion by 2029, with a compound annual growth rate (CAGR) of 13.0%. The projected surge during this period can be credited to a higher demand for Plaster of Paris and an upswing in cement production. Key trends driving the growth in the forecast period consist of a strong investment focus on lithium battery-oriented gypsum haulers as opposed to traditional or diesel-operated mining machinery, escalated investment, the implementation of 3D mine visualizers to produce a live digital model of a mine, and an emphasis on technology that aims to prevent accidents and enhance miner safety.

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What are the most significant trends transforming the gypsum market today?
Leading organizations in the gypsum market are channeling their resources towards the creation of innovative offerings such as high-quality gypsum board, answering the growing need for economical and efficient construction materials. The term high-quality gypsum board pertains to gypsum panels that comply with strict quality controls relating to strength, durability, and fire resistance, making them highly suitable for incorporation in the internal walls and ceilings of structures. For example, in December 2023, Saint-Gobain India Pvt Ltd, a company rooted in India, unveiled a revolutionary series of building products comprising Habito Standard, Rigiroc, Glasroc X, and Metlance. Habito Standard is a top-notch 13mm gypsum board that touts an increased load-bearing capability of up to 15kg per point when used with a regular woodscrew, boasting superior impact resistance. This product is earmarked for robust applications in both commercial and residential settings.

What major market segments define the scope and growth of the gypsum market?
The gypsum market covered in this report is segmented -

1) By Application: Gypsum For Construction, Agricultural Gypsum, Other Gypsum
2) By Mining Type: Underground Mining, Surface Mining

Subsegments:
1) By Gypsum For Construction: Gypsum Board (Drywall), Gypsum Plaster, Gypsum Blocks
2) By Agricultural Gypsum: Soil Amendment Gypsum, Fertilizer Gypsum
3) By Other Gypsum: Industrial Gypsum, Dental Gypsum, Art and Craft Gypsum Products

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Which region dominates the gypsum market?
South America was the largest region in the gypsum market in 2024. The regions covered in the gypsum market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the gypsum industry growth?
Major companies operating in the gypsum market include Rio Tinto Group, Iluka Resources Limited, FCI Aravali Gypsum and Minerals, zawawi minerals, kunooz oman holding, Rajasthan State Mines and Minerals limited, CHEM-CARB, NMDC Ltd, Henan Yukuang International Mining Investment Co Ltd, Baumineral GmbH, Steag GmbH, Knauf Gips KG, Torralba Group, British Gypsum (St Gobain), ETEX Group, Polska sp. z o.o, Harrison Gypsum, The H Lima Company Inc, Little Salt Creek Gyp Mine, Twisselman Gypsum, Allied Custom Gypsum, National Gypsum, Diamond Gypsum LLC, Pioneer Gypsum Mining Inc, Sumitomo Metal Mining Chile Ltda, Cerro Cazador SA, COMSA, Wasit General Trading LLC, Emirates House General Trading LLC, Awam Group LLC, United Mining Industries Company Limited (UMI), African Queen Mines Ltd, Anglo African Gypsum

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What Is Covered In The Gypsum Global Market Report?

• Market Size Forecast: Examine the gypsum market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the gypsum market for a structured understanding.
• Key Players Overview: Analyze major players in the gypsum market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the gypsum market.
• Segment Contributions: Evaluate how different segments drive overall growth in the gypsum market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the gypsum market.
• Industry Challenges: Identify potential risks and obstacles affecting the gypsum market.
• Competitive Landscape: Review strategic developments in the gypsum market, including expansions, agreements, and new product launches.

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