The forecasted data for crude mined gypsum in Nevada and Utah indicates a steady upward trend from 2024 to 2028, starting at $24.17 million in 2024 and reaching $25.64 million in 2028. These predictions show a consistent increase, with average year-on-year growth observed over this period.
In 2023, the value stood at a lower actual figure, reflecting an anticipated positive trajectory in the coming years. The compound annual growth rate (CAGR) suggests a modest but stable ascension, indicating robust demand and stable supply conditions in the gypsum market.
Future trends to watch include technological advancements in mining processes, shifts in construction demand due to economic conditions, and potential regulatory changes impacting production. Monitoring these factors will be essential for understanding the market dynamics.
