Gypsum is a soft sulfate mineral composed of calcium sulfate dehydrate. It is an evaporate mineral mostly found in layers of sedimentary rocks on the earth’s crust along with other minerals, such as calcite and dolomite among others. It is widely mined and used as a fertilizer, fluxing agent and filler in the paper and textiles industry. Gypsum is considered a non-toxic mineral available in various forms; due to its wide variety, it is considered useful in many sectors, including agriculture, food and beverages, pharma and others.
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Data Bridge Market Research analyzes that the Americas Gypsum Market is expected to grow at a CAGR of 4.1% in the forecast period of 2023 to 2030 and is expected to reach USD 412,519.36 thousand by 2030.
Key Findings of the Study
Growing Utility as Cleansing Agents in Water Bodies
Crystal clear water is often indicative of a well-balanced ecology in aquatic systems. It allows sunlight to penetrate all layers of the water column. This supports all primary producers that rely on light energy to convert available nutrients into organic matter, which becomes a vital food source for higher forms of life. Due to turbidity, submerged plants can die off, fish gills can become damaged, and beneficial plankton communities can perish. It is important to consider turbid water to prevent irreversible damage to pond life. There are various types of gypsum available depending on the source and the extent of processing, such as ultra-fine gypsum, granular gypsum, pulverized gypsum, and pelleted gypsum. The key to the effectiveness of gypsum is the proper application given in appropriate conditions. It is considered effective about 65% percent of the time, which is sufficiently alkaline water. Regarding cost, gypsum is considered an average-priced solution to water turbidity. This is expected to act as a driver for the growth and development of the Americas gypsum market.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Year
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2021 (Customizable to 2020 - 2015)
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Quantitative Units
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Revenue in USD Thousand
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Segments Covered
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Category (Synthetic and Natural), Setting Type (Hygroscopic Setting Expansion and Normal Setting Expansion), End-User Industry (Agriculture, Pharma, Food, and Industrial)
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Countries Covered
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U.S., Mexico, Canada, Brazil, Chile, Colombia, Argentina, and rest of South America
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Market Players Covered
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Saint-Gobain, Lafarge Canada Inc. ( A subsidiary of Holcim), GYPSOIL, Agri Marketing, Inc., Protech Minerals LLC., EcoGEM., and Agro100 among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios, such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework
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Segment Analysis
The Americas gypsum market is segmented into three notable segments based by category, setting type, and end-user industry.
- On the basis of category, the market is segmented into synthetic and natural.
In 2023, the synthetic segment of category segment is anticipated to dominate the Americas gypsum market
In 2023, the synthetic segment is expected to dominate the market because expanding scope of processing aids in the food and beverage industry. The synthetic segment is expected to reach the highest CAGR of 4.1% in the forecast period of 2023-2030.
- On the basis of category, the market is segmented into synthetic and natural. In 2023, the synthetic segment is expected to dominate the market with a market share of 68.28% because of its increasing demand in the agriculture for crop yield
- On the basis of setting type, the market is segmented into hygroscopic setting expansion and normal setting expansion. In 2023, the hygroscopic setting expansion segment is expected to dominate the market with a market share of 60.21% because growing utility as cleansing agent in water bodies
Major Players
Data Bridge Market Research recognizes the following companies as the major Americas gypsum market players in Americas gypsum market that include Saint-Gobain, Lafarge Canada Inc. ( A subsidiary of Holcim), GYPSOIL, Agri Marketing, Inc., Protech Minerals LLC., EcoGEM., Agro100 among others.
Market Development
- In September 2021, the company announced to build of a new gypsum logistics facility that is about to be integrated into the remediation of a vacant superfund site in Jackonville, Florida.
It helped the company to expand its supply chain throughout the Southeastern United States
- In August 2017, the Small Business Administration, Eastern District of Pennsylvania, USA, announced last month the winners of its 2017 Small Business Week Awards. Among the winners was SCORE client, USA Gypsum. This will increase the company’s brand image in the market
- In August 2020, there was an agreement between GLC Minerals and the GYPOIL Division of Beneficial Reue Management. The new agreement paves the way for introducing GYPSOIL UltraCal Lime and marks the first time GYPSOIL has marketed lime in addition to its GYPSOILbrand gypsum. It helped the company expand its product portfolio, and this new partnership helped the midwestern crop growers have better access to high-value, high-calcium agricultural lime for managing soil
Regional Analysis
Geographically, the regions covered in the Americas gypsum market report are North America and South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in the Americas gypsum market during the forecast period 2023 - 2030.
In 2023, the North America is expected to dominate the Americas gypsum market because part-time jobs provide dual benefits among women.
Saudi Arabia is estimated to be the fastest-growing region in the Americas Gypsum Market in the forecast period 2023 - 2030
Saudi Arabia is expected to grow during the forecast period due to the presence of major market players and because of the increasing use of gypsum products for improving crop utility.
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