Forecast: Gypsum and Anhydride Market Size Value in Spain

The Gypsum and Anhydride market in Spain demonstrated variable trends from 2013 to 2023, with periods of growth and decline. It experienced significant growth between 2013 and 2019, peaking at 68.753 million USD before a notable drop of 17.2% in 2020, likely due to external market conditions. Post-2020, the market showed recovery with a 16.55% increase in 2021, although the year-on-year growth rate slowed to 1.69% by 2023, reaching 72.263 million USD.

Forecasting from 2024 onwards, the market is expected to grow at a moderate Compound Annual Growth Rate (CAGR) of 1.33%, reaching 78.333 million USD by 2028. The forecasted 5-year growth rate stands at 6.82%.

Future trends to watch for:

  • Economic and construction sector performance as significant indicators for market direction.
  • Potential impacts from regulatory changes on the use of building materials.
  • Innovation and sustainability shifts within the industry.

Top Countries about Gypsum