Lime And Gypsum Products Market Expansion Continues, with Forecast Valuation of $76.14 Billion by 2029

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Lime And Gypsum Products Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of lime and gypsum products has seen robust growth in recent years. Its size is projected to increase from $59.87 billion in 2024 to $63.51 billion in 2025, boasting a compound annual growth rate (CAGR) of 6.1%. This growth during the historic period is influenced by factors such as the expansion of the construction industry, urbanization, agriculture, and environmental regulations.

Lime And Gypsum Products Market Size Forecast: What's the Projected Valuation by 2029?
The market for lime and gypsum products is predicted to witness consistent expansion in the coming years, with its size projected to reach $76.14 billion by 2029 due to a compound annual growth rate (CAGR) of 4.6%. Factors contributing to this growth trajectory in the forecast period include investments in infrastructure, sustainable construction methods, renewable energy initiatives, availability of raw materials, and technological upgrades. Significant trends within the forecast timeframe encompass electrification and lightweighting, use of advanced materials, additive manufacturing, digital integration and connectivity, and strategic collaborations and partnerships.

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What Are the Drivers Transforming the Lime And Gypsum Products Market?
The anticipated expansion of the construction industry is predicted to fuel the progression of the lime and gypsum products market. Lime, utilized in the construction industry for soil stabilization on roads, earthen dams, airfields, and building foundations, plays a significant role in the sector. Gypsum is employed in the production of wallboards, an essential component in the decoration of walls and ceilings, and in the formation of plaster for residential properties construction. A report published by a UK-based economic advisory firm, Oxford Economics' Future of Construction 2030, forecasted a global expenditure of $135 trillion on construction in the subsequent decade leading up to 2030. With an increase in spending within the construction sector, the construction industry's growth is set to be stimulated. This growth is expected to generate further demand for lime and gypsum products, thereby advancing the market's progression in the future.

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What Long-Term Trends Will Define the Future of the Lime And Gypsum Products Market?
Manufacturers of global lime and gypsum products are leveraging IoT technology to enhance their operational efficiency and spur productivity. By linking people, machines, and services, IoT enables information sharing and immediate decision-making. The technology presents perks like optimal asset uptime, effective predictive maintenance, and expedited processing and delivery times. For example, as Ericsson, a telecommunications firm based in Sweden, reported in November 2022, broadband IoT (4G/5G) - the main connector of most cellular IoT devices - achieved 1.3 billion connections in 2022. By the end of 2028, it's forecasted that approximately 60% of cellular IoT connections will be via broadband IoT, with the majority linked through 4G. Currently, North East Asia leads in cellular IoT connections, but forecasts suggest it will exceed 2 billion connections by 2023.

Which Segments in the Lime And Gypsum Products Market Offer the Most Profit Potential?
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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Which Firms Dominate the Lime And Gypsum Products Market by Market Share and Revenue in 2025?
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.

Which Regions Offer the Highest Growth Potential in the Lime And Gypsum Products Market?
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.

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