Synthetic Gypsum Market is expected to witness a CAGR of around 4% during the forecast period and is expected to be valued at USD 1.76 by the end of the forecast period 2021-2027.
Synthetic gypsum materials are by-products produced during flue gas desulfurization processes in fossil fuel power plants or industrial processes similar to scrubbing processes. Synthetic gypsum contains hydrated calcium sulfate and has properties similar to natural gypsum. It can replace natural gypsum in a variety of applications such as glass, drywall, cement manufacturing, etc. It is economical and has no negative impact on the environment because it is produced from waste generated from fossil fuel power plants as raw materials. Therefore, synthetic gypsum is more advantageous than natural gypsum due to factors such as cost and environmental impact. Synthetic gypsum materials are mainly used in the construction and agricultural industries.
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Market Segments
By Type:
- FGD gypsum
- Flurogypsum
- Phosphogypsum
- Citrogypsum
- Others (borogypsum, titanogypsum, and marine gypsum)
By Application:
- Drywall
- Cement
- Soil amendment
- Dental
- Water treatment
- Others (glass manufacturing and marine applications)
Key Players
The players in the synthetic gypsum market include LafargeHolcim (Switzerland), NATIONAL GYPSUM (US), Knauf Gips KG (Germany), American Gypsum (US), Georgia-Pacific Gypsum LLC (US), Synthetic Materials (US), PABCO Gypsum (US), Saint-Gobain (France), Gyptec IBÉRICA (Portugal), FEECO International, Inc. (US), and CONTINENTAL BUILDING PRODUCTS (US).
Scope of the Report
The research study analyzes the global Synthetic Gypsum industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Synthetic Gypsum Market is available at: https://www.orionmarketreports.com/synthetic-gypsum-market/62514/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Synthetic Gypsum Market Report
1. What was the Synthetic Gypsum Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Synthetic Gypsum Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Synthetic Gypsum Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Synthetic Gypsum market.
- The market share of the global Synthetic Gypsum market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Synthetic Gypsum market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Synthetic Gypsum market.
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