The Gypsum and Anhydride Market in Japan has shown varied movements over the past decade. Starting with a significant increase of 9.69% in 2012, the market saw modest growth until 2014, where it dropped by 7.05%. This downward trend continued until 2016. A notable recovery started in 2017, with the market value increasing by nearly 20% in 2018, reaching its peak in 2019. The market then faced a slight decline in 2020 but stabilized with gradual growth in the subsequent years, concluding with a mild increase in 2022. As of 2023, the market stood at a value consistent with the past few years. Over the last five years, the market has observed an average annual growth rate (CAGR) of around 3.63%.
Future trends to monitor include technological advancements in construction materials, the integration of sustainable and green building practices, and the impact of regulatory changes on industry demand. Additionally, fluctuations in the construction sector, both residential and commercial, and economic factors like inflation and supply chain disruptions could influence the market trajectory.
| # | 6 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 459,090,000 | 2023 | +0.65% | -0.53% | |
| 2 | 2 Spain | 72,263,000 | 2023 | +1.69% | +2.58% | View data |
| 3 | 3 France | 69,155,000 | 2023 | -0.61% | -0.71% | View data |
| 4 | 4 Sweden | 23,049,000 | 2023 | +0.48% | -0.24% | View data |
| 5 | 5 Mexico | 12,567,000 | 2023 | +0.43% | +0.7% | View data |
