The value of calcined gypsum products sold in the U.S. is projected to increase modestly from 2024 to 2028, starting at $3.5861 billion in 2024 and reaching $3.7665 billion by 2028. The year-on-year growth for each of these years remains steady but relatively slow, reflecting a consistently expanding, mature market. As of 2023, the recorded market value was approximately $3.54 billion. Over the five-year forecast period, the compound annual growth rate (CAGR) suggests a consistent upward trend driven by steady demand in construction and renovation sectors.
Future trends to watch for include potential impacts from technological advancements in manufacturing processes, shifts towards more sustainable construction materials, and changing regulatory environments focusing on environmental and building standards. Monitoring housing market dynamics and macroeconomic factors will also be crucial.
