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Emerging Gypsum Concrete Market Trends: Enhancing Construction Productivity Through Workflow Optimization Shaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Gypsum Concrete Market Size Growth Forecast: What to Expect by 2025?
Recent years have seen a substantial expansion in the size of the gypsum concrete market. It is set to increase from a market worth $1.95 billion in 2024 to one worth $2.08 billion in 2025, a compound annual growth rate (CAGR) of 6.5%. Factors contributing to this growth in the historic period include an increase in multi-family housing projects, expansion of commercial real estate, a surge in renovation projects, a growing emphasis on acoustic performance, and improved affordability of gypsum products.
How Will the Gypsum Concrete Market Size Evolve and Grow by 2029?
In the coming years, the gypsum concrete market is projected to witness substantial growth, expanding to $2.65 billion by 2029 with a compound annual growth rate of 6.3%. This growth during the projected period could be due to the proliferation of green building certifications, a higher demand for light-weight building materials, an increased emphasis on fire safety standards, growing awareness about noise pollution, and a rise in disposable income. The forecast period is expected to see prevailing trends such as technological advancements, advanced performance-enhancing formulas, eco-friendly and sustainable solutions, amalgamation with contemporary building methods, and compatibility with underfloor heating systems.
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What Drivers Are Propelling the Growth of Gypsum Concrete Market Forward?
The growth of the gypsum concrete market is anticipated to be fueled by increasing construction endeavors. These endeavors refer to the construction of commercial buildings, infrastructure, and residences, which directly enhance the demand for materials including gypsum concrete. The development of infrastructure intended to boost transportation links, utilities, and public services contributing to economic growth and city expansion is propelling these escalating construction activities. Gypsum concrete is beneficial in construction tasks, serving as a floor underlayment to deliver a fire-resistant, smooth, and sound-proof surface apt for the installation of diverse flooring types. For example, the Office for National Statistics, a statistics authority based in the UK, reported in February 2023 that a 5.6% year-over-year growth was experienced in the total annual construction output in 2022. This growth was inspired by a 3.8% boost in new project developments and an increase of 8.5% in repair and maintenance operations. Consequently, it is expected that the upward trend in construction activities will prompt the expansion of the gypsum concrete market.
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Which Emerging Trends Are Transforming the Gypsum Concrete Market in 2025?
Leading corporations in the gypsum concrete market are concentrating their efforts on creating cutting-edge construction techniques such as altering the sequence of construction activities to enhance overall efficiency, reduce labor expenses, and cut down project duration. This method of rearranging construction workflows helps endorse efficiency, diminish potential delays, and enables cost and time savings on projects. To illustrate, Formulated Materials, an American company specializing in gypsum cements, launched its gypsum-before-drywall solution in January 2023. This solution was meant to improve efficiency in multifamily construction projects. By using Treadstone Elite with FR25 or FR30, this innovative approach to gypsum concrete application permits the reorganization of construction sequences, saving between 10-14 days on a project's timeline and minimizing expenses. Additionally, this system boosts pouring speed, enhances leveling, reduces the number of required prep steps, and prevents the risk of mold, which consequently offers evident efficiency improvements across various trades such as drywall and flooring.
What Are the Key Segments in the Gypsum Concrete Market?
The gypsum concrete market covered in this report is segmented -
1) By Type: Poured Gypsum Concrete, Precast Gypsum Concrete
2) By Building Type: Residential, Commercial, Industrial, Infrastructure
3) By Application: Floor Underlayment, Architectural Elements, Repair And Maintenance, Other Applications
4) By End User: Building And Construction, Healthcare, Education, Retail, Aerospace And Defense
Subsegment:
1) By Poured Gypsum Concrete: Self-Leveling Poured Gypsum, Pumpable Gypsum Underlayment, Fire-Resistant Gypsum Mix, Lightweight Aggregate Gypsum Concrete
2) By Precast Gypsum Concrete: Gypsum Wall Panels, Gypsum Floor Panels, Structural Gypsum Elements, Modular Gypsum Blocks
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Who Are the Key Players Shaping the Gypsum Concrete Market's Competitive Landscape?
Major companies operating in the gypsum concrete market are USG Corporation, Raubex Group Ltd, Accu-Crete, Formglas Products Ltd., Keene Building Products, MAXXON INC, ColoradoCrete Inc., Janes Gypsum Floors Inc, Hacker Industries Inc., Formulated Materials LLC, Flatline Floors, Harrison Gypsum, Strong Manufacturing, MAPEI SpA, Gyp-Fill Enterprise Inc., BuildSite, Mitharwal Gypsum & Pop Industries, Gypsum Arte, Nikhil Infra Projects Private Limited, Jai Mata Minerals
What Geographic Markets Are Powering Growth in the Gypsum Concrete Market?
North America was the largest region in the gypsum concrete market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gypsum concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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