Global gypsum demand is likely to recover in tandem with broader recovery in the construction sector, according to a market intelligence study. According to the study, global gypsum market is likely to grow at 5% CAGR through 2030, with growth in the later part compensating for the current sluggishness.
Increasing adoption of digital solutions and spending on technological advancements has been driving the construction sector. As a direct outcome of to this, cement and drywall production has surged, boosting scope for gypsum application.