In 2023, the Gypsum and Anhydride market size in Sweden was valued at 22.970 million US dollars. Forecasting forward, the market is projected to reach values of 23.089 million US dollars in 2024, 23.209 million US dollars in 2025, 23.327 million US dollars in 2026, 23.443 million US dollars in 2027, and 23.556 million US dollars in 2028. Year-on-year variations depict a consistent growth pattern.
Over the recent two years from 2022 to 2024, the market has shown a growth trend of approximately 0.52% per year. Extending this analysis, the compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 averages around 0.51%, indicating a stable yet moderate upward trend.
Future trends to watch for:
- Advancements in construction technologies incorporating gypsum and anhydride materials.
- Economic factors impacting the construction industry, influencing demand.
- Environmental regulations pushing for more sustainable material choices which could affect market dynamics.
- Potential fluctuations in raw material prices and their impact on the overall market value.