Lime And Gypsum Products Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends

What Is the Forecasted Market Size and Growth Rate for the Lime And Gypsum Products Market?
Over the last several years, the lime and gypsum products market has seen strong growth. Its value is projected to increase from $59.87 billion in 2024 to $63.51 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.1%. This growth over the historic period can be attributed to several factors, including development in the construction industry, urbanization, agriculture, and stricter environmental regulations.

In the ensuing years, the lime and gypsum products market is forecasted to witness consistent expansion, reaching a value of $76.14 billion in 2029 with a compound annual growth rate (CAGR) of 4.6%. The predicted growth in this period can be seen as a result of factors such as infrastructure funding, sustainable construction methods, green energy projects, accessibility of raw materials, and technological advancements. During the forecast period, key trends will include electrification and lightweighting, advanced materials, additive manufacturing, digitalization and connectivity, as well as collaborations and partnerships.

What Factors Are Propelling the Expansion of the Lime And Gypsum Products Market?
The anticipated expansion of the construction industry is predicted to fuel the development of the lime and gypsum products market. Lime plays a crucial role in the construction sector, where it is employed for soil stabilization in the creation of roads, earthen dams, airfields, and the foundations of buildings. Gypsum, on the other hand, is integral in creating wallboards for covering walls and ceilings and in producing plaster for constructing residential properties. For example, as per the Future of Construction 2030 report unveiled by economic advisory firm Oxford Economics based in the UK, a global expenditure of $135 trillion on construction is expected in the following decade until 2030. This surge in construction expenditure is poised to spur the construction industry's growth, thereby creating demand for lime and gypsum products and propelling the market's expansion in the future.

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Which Businesses Are at the Forefront of Lime And Gypsum Products Market Development?
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.

What Are the Latest Innovations in the Lime And Gypsum Products Market?
Global producers of lime and gypsum are increasingly integrating IoT technology into their operations to boost efficiency and productivity. This technology links people, machines and services, facilitating a seamless exchange of information and instant decision-making. The benefits of IoT include enhanced equipment uptime, effective predictive maintenance, and quicker processing and delivery times. Ericsson, a telecom firm based in Sweden, published a report in November 2022 stating that broadband IoT (4G/5G) linking the majority of cellular IoT devices had achieved 1.3 billion connections in 2022. It's projected that around 60% of all cellular IoT connections will be broadband IoT connections by 2028's end, with 4G responsible for most connections. Currently, North East Asia is leading in terms of cellular IoT connections, and it's expected to exceed 2 billion connections by 2023.

How Is the Lime And Gypsum Products Market Segmented?
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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Where Is the Lime And Gypsum Products Market Growth Most Prominent?
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.

What Is Covered In The Lime And Gypsum Products Global Market Report?

- Market Size Analysis: Analyze the Lime And Gypsum Products Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Lime And Gypsum Products Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Lime And Gypsum Products Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Lime And Gypsum Products Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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