Gypsum Mining Market Driven By Surging Demand In Cement Production: An Emerging Driver Transforming The Gypsum Market Landscape

The Gypsum Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Gypsum Market?
Over recent years, the dimension of the gypsum market has expanded swiftly. Its progression is expected to increase from $41.25 billion in 2024 to $47.57 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 15.3%. The enhancement during the historical period can be credited to the escalation in mining production and government schemes supporting the expansion of gypsum mines.

Anticipated to experience significant expansion in the forthcoming years, the gypsum market size is projected to surge to $77.44 billion by 2029, with a compound annual growth rate (CAGR) of 13.0%. The expected growth during this forecast period is owing to a heightened demand for Plaster of Paris and an upswing in cement production. Noteworthy trends expected within this timeline encompass the shift towards lithium battery-powered gypsum haulers from traditional or diesel-powered mining machinery and equipment, amplified investing, the adoption of 3D mine visualizers for gaining instant digital mine models, and an emphasis on technologies that improve miner safety and prevent accidents.

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What Are the Different Gypsum Market Segments?
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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What Are the Primary Drivers Shaping the Gypsum Market?
The advancement of the gypsum mining market in the coming time is projected to be powered by an increase in cement production. Cement, which solidifies to bind building units, serves as one of the most crucial construction materials. The primary component incorporated into cement is gypsum, earning it the name of cement's delaying agent, as it is predominantly utilized to control the cement's setting duration. The lack of gypsum would cause cement clunkers to instantly solidify upon water interaction, while simultaneously generating heat. For example, the India Brand Equity Foundation reported a 12.1% uptick in Indian cement production in September 2022 relative to the same month in the preceding year. Thus, the surge in cement production is predicted to stimulate the expansion of the gypsum market.

Which Companies Are Leading in the Gypsum Market?
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

What Are the Major Trends Shaping the Gypsum Market?
Key players in the gypsum market are redirecting their efforts towards the development of innovative products such as high-end gypsum boards. This is a response to the increasing demand for affordable and efficient construction materials. High-end gypsum boards refer to gypsum panels that comply with strict standards of strength, fire resistance, and durability, and are often applied in the construction of internal walls and ceilings. For example, in December 2023, an innovative range of construction products was debuted by Saint-Gobain India Pvt Ltd, a company based out of India. This array of products included Habito Standard, Rigiroc, Glasroc X, and Metlance. Habito Standard is a 13mm superior-grade gypsum board that can bear loads up to 15kg per point when using a standard wood screw. It offers a high resistance to impact and is meant for heavy-duty tasks in commercial and domestic environments.

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What Are the Top Revenue-Generating Geographies in 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.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Gypsum Market?
2. What is the CAGR expected in the Gypsum Market?
3. What Are the Key Innovations Transforming the Gypsum Industry?
4. Which Region Is Leading the Gypsum Market?

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