Global Synthetic Gypsum Market Outlook: Size, Growth Rate, and Key Insights
Monday, 22 July 2024, 19:01
Global Synthetic Gypsum Market Overview
The Global Synthetic Gypsum Market was valued at USD 1.75 Billion in 2023 and is projected to reach USD 2.78 Billion by 2033.
Market Growth Insights
- CAGR of 4.74% anticipated during the forecast period.
- Demand driven by the construction and agriculture sectors.
- Environmental regulations encouraging the use of sustainable materials.
Key Opportunities
- Increased adoption of synthetic gypsum in cement production.
- Emerging markets expanding their infrastructure.
This growth in the synthetic gypsum market provides significant opportunities for stakeholders across various sectors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.