In 2023, the sold production of plasters made from calcined gypsum or calcium sulphate in the UK stood at 991.9 million kilograms. Between 2024 and 2028, there is a slight declining trend with a total decrease of 0.83 million kilograms over the five years, translating to a negative CAGR over this period. Year-on-year, the forecast shows minor annual decreases of less than 0.1%, indicating stability with a subtle downward trend in volume.
Future trends to monitor include:
- Potential regulatory changes in the construction industry that could affect demand.
- Technological innovations that might offer alternative materials.
- Economic conditions affecting the broader construction and building sector.