Synthetic Gypsum Market Growing Opportunities and Future Business Trends to 2026
The latest study on the Synthetic Gypsum Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2019 - 2026. The market intelligence report on the Synthetic Gypsum industry encompasses an in-depth evaluation of different products, applications, end-users and their sales across different regions. A closer look at the important industry terms and definition, technology advancements and forces influencing the product and production capability further makes the report a valuable reference material.
Increasing demand for synthetic gypsum from the building & construction industry is the major factor influencing market growth.Market Size – USD 1.35 billion in 2018, Market Growth - CAGR of 4.2%, Market Trends – Regulations in coal-fired power plants
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Companies considered and profiled in this market study:
Knauf Gips, LafargeHolcim, National Gypsum, PABCO Gypsum, FEECO International, Delta Gypsum, Synthetic Materials LLC, Continental Building Products, British Gypsum, and American Gypsum, among others.
The use of the product in the mining industry for applications including subsidence control in underground mines, as a barrier to acid mine drainage formation, alkaline amendment to neutralize acid-producing rock, and as encapsulation or neutralization of acid-producing materials is forecasted to boost the market demand in the forecast period.
Product Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
- Flue Gas Desulfurization (FGD) Gypsum
- Fluorogypsum
- Phosphogypsum
- Citrogypsum
- Others
Application Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
- Cement
- Drywall
- Plaster
- Soil Amendments
- Glass Manufacturing
- Water Treatment
- Others
Industry Vertical Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
- Building & Construction
- Agriculture
- Glass & Ceramic
- Others
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The growing investments in R&D activities by the manufacturers are one of the significant drivers expected to propel the growth of the market in the period 2019-2026. Leading companies in the market are emphasizing on R&D activities to produce new applications of synthetic gypsum. The spiraling demand for sustainable buildings and construction activities is having a positive impact on the use of the product in the construction sector.
Regional Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
- North America
U.S. - Europe
UK
France - Asia Pacific
China
India
Japan - Latin America
Brazil
- MEA
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