Global Synthetic Gypsum Market, By Product Type (Citrogypsum, Fluorogypsum, Phosphogypsum, Titanogypsum, Flue Gas Desulfurization (FGD) Gypsum, Others), Application (Dental, Drywall, Cement, Water Treatment, Soil Amendment, Others), End-Use Industry (Construction Industry, Agriculture Industry), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Synthetic Gypsum Market
Synthetic gypsum market will reach at an estimated value of USD 2.23 billion and grow at a rate of 4.90% for the forecast period of 2021 to 2028. Rising demand from the construction industry is a vital factor driving the growth of synthetic gypsum market.
Synthetic gypsum is a natural gypsum that is formed through a flue gas desulfurization (FGD) process. It is extensively used in construction minerals for maintenance, house building, renovation, and civil engineering project for lasting development and nontoxic environmental property offered by use of synthetic gypsum among construction products.
Increase in the application in the agriculture industry is the vital factor escalating the market growth, also rising positive economic benefits of synthetic gypsum, rising demand for drywall or wallboards, cement, and plaster products among others, rising demand for synthetic gypsum among construction sector for development of lightweight plasters and concrete, rising awareness about uses of gypsum due its safe and non-toxic mineral properties among various industry sectors, growing demand for green building structure, rising government regulations, which include the clean air act, have been introduced to reduce the pollution caused by these plants, rising benefits of synthetic gypsum over natural gypsum in terms of environmental impact are the major factors among others driving the synthetic gypsum market. Moreover, rising diversity of synthetic gypsum in the end-user industry, increasing investments in research and development activities and rise in demand from emerging economies will further create new opportunities for the synthetic gypsum market in the forecast period of 2021- 2028.
However, rising availability of a substitute product and complex material handling process associated with synthetic gypsum for diverse application are the major factors among others acting as restraints, while rising shift of industry from coal to natural gas will further challenge the growth of synthetic gypsum market in the forecast period mentioned above.
This synthetic gypsum market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on synthetic gypsum market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Synthetic Gypsum Market Scope and Market Size
Synthetic gypsum market is segmented on the basis of product type, application and end-use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on product type, the synthetic gypsum market is segmented into citrogypsum, fluorogypsum, phosphogypsum, titanogypsum and flue gas desulfurization (FGD) gypsum and others. Others have been further segmented into titano–gypsum, boro–gypsum, and marine gypsum.
- On the basis of application, the synthetic gypsum market is segmented into dental, drywall, cement, water treatment, soil amendment and others. Others have been further segmented into glass manufacturing and marine applications.
- The synthetic gypsum market is also segmented on the basis of end-use industry into construction industry and agriculture industry.
Global Synthetic Gypsum Market Country Level Analysis
Synthetic gypsum market is analysed and market size, volume information is provided by country, product type, application and end-use industry as referenced above.
The countries covered in the synthetic gypsum market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the synthetic gypsum market due to rising research and development activities on gypsum to develop advanced synthetic gypsum for multiple applications among various industrial products in this region. Europe is the expected region in terms of growth in synthetic gypsum market due to wide availability of gypsum in countries such as, Spain, France, and Germany, rising government guidelines for mining industry to prevent loss of biodiversity through mining expected to support growth of the target market in this region.
The country section of the synthetic gypsum market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Synthetic Gypsum Market Share Analysis
Synthetic gypsum market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to synthetic gypsum market.
The major players covered in the synthetic gypsum market report are LafargeHolcim, USG Corporation, FEECO International, Inc., Delta Gypsum, LLC, NATIONAL GYPSUM PROPERTIES, LLC, Synthetic Materials., Knauf Gips KG, American Gypsum, Saint-Gobain Limited, PABCO Building Products, LLC, Georgia-Pacific., GYPTEC Ibérica, BauMineral GmbH, VGB PowerTech e.V., STEAG POWER MINERALS, Drax Group plc, SSE, EDF Energy and E.ON UK plc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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