Market Size of Gypsum Concrete Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 8.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Gypsum Concrete Market Analysis
The global gypsum concrete market is estimated to witness a healthy growth, at an estimated CAGR of around 8%, over the forecast period. Factors, such as superior characteristics of gypsum concrete, rising demand for sound reduction and lightweight materials, and growing demand for underfloor radiant heating systems, have been driving the growth of gypsum concrete market.
- Lack of awareness among consumers, with limited popularity of gypsum concrete in North American region stands to be a constraint in the studied market.
- North America stands to be the largest market for gypsum concrete, in terms of consumption. However, regions like Asia-Pacific and Europe are expected to register significant growth over the forecast period.
