In 2023, the calcined gypsum production in the US stood at 431 million US dollars. The forecast for the subsequent years shows a consistent, albeit slight, decline. The projected values are 429.91 million in 2024, 428.02 million in 2025, 426.17 million in 2026, 424.36 million in 2027, and 422.59 million in 2028.
The year-on-year percentage variation indicates a gradual decrease, reflecting a modest downward trend in production values. The Compound Annual Growth Rate (CAGR) over the five-year forecast period shows a slight negative downturn on average.
Future trends to watch for:
- Technological advancements improving gypsum extraction and processing efficiency.
- Regulatory changes impacting environmental practices and costs in calcined gypsum production.
- Economic factors influencing construction demand and gypsum-related products.