In 2023, India's gypsum production was 3.85 million metric tons. Forecast data indicates a steady increase in output, with minor annual growth rates: 0.5% for 2024, 1.0% for 2025, and slightly decreasing rates through to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1%, reflecting a consistent but modest upward trend in production.
Future trends to watch for:
- Further technological advancements improving extraction efficiency.
- Potential increased demand in the construction sector driving production.
- Government policies affecting mining regulations.
- Global market dynamics influencing gypsum exports and imports.
