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.
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.
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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.
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.
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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.
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