As of 2023, the number of active mines producing crude gypsum in Michigan was estimated at 2.0. For the forecasted period of 2024 to 2028, the figures indicate a slight decline, maintaining 1.9 mines from 2024 to 2025, and further decreasing to 1.8 from 2026 to 2028. This represents a consistent year-on-year decline of approximately 5% starting 2026. Over the forecasted five-year period, the compound annual growth rate (CAGR) suggests an overall average annual decrease in active mines.
Future trends to watch for:
- Potential changes in demand for gypsum products could influence mining activity.
- Technological advancements in mining efficiency might alter the landscape.
- Environmental regulations could impact the operation and number of active gypsum mines.