Synthetic Gypsum Market is expected to undergo a CAGR of 4.90% during the forecast period 2021 to 2028.
Analysis and Insights 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.
Synthetic Gypsum Market Scope
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.
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Synthetic Gypsum Market Country Level Analysis
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.
Competitive Landscape and Synthetic Gypsum Market Share Analysis
The 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.
Key Players Synthetic Gypsum Market
- 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.
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Synthetic Gypsum Market by Product & Procedure type
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