Market Overview:
The global synthetic gypsum market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for synthetic gypsum from various applications such as medical, food industry, and other applications. In terms of type, FGD gypsum is expected to hold a major share in the global synthetic gypsum market during the forecast period. However, phosphogypsum is projected to grow at a higher CAGR than other types during the forecast period.
Product Definition:
Synthetic Gypsum is a man-made product created by the reaction of sulfuric acid and calcium carbonate. It is used as a building material and in the production of plaster, wallboard, and cement.
FGD Gypsum:
FGD gypsum, also known as synthetic gypsum, is a type of construction material that consists of cement-based plaster with a polymeric base. It is manufactured by the Calcium Sulfate Process (CSP), which involves the reaction between calcium sulfate and lime. The resulting product has significantly higher compressive strength than regular cement and can be used to construct both vertical and horizontal walls.
Phosphogypsum:
Phosphogypsum is a by-product of phosphate fertilizer production and is used as an alternative to gypsum in the manufacturing of synthetic (man-made) gypsum. It contains calcium, sodium, and potassium salts of phosphoric acid. The product has high levels of purity (99%) which makes it suitable for use in artificial gypsum products such as plaster, paneling, drywall compound etc.
Application Insights:
The other applications of synthetic gypsum include construction, agriculture and food industry. In 2017, the medical application dominated the global market with a revenue share of over 35%. The product is used in various segments including bone cement, dental composites and tissue engineering. It is also employed in ophthalmic ware such as eye drops and surgical tools. Furthermore, it finds application as an ingredient in the manufacturing of pharmaceutical products such as tablets & capsules that are consumed by humans.
FGD gypsum is majorly used for drywall construction purposes owing to its high compressive strength which helps reduce cracking caused during expansion or contraction caused by changes in temperature or humidity levels. FGD gypsum has low permeability which makes it suitable for use between layers of concrete that contain fiberboard materials while keeping moisture content low enough so that wallboards can be installed on top without sagging or warping away from the nominal size when they are fully dried out after installation.
Regional Analysis:
Asia Pacific dominated the global market in 2016 and is expected to continue its dominance over the forecast period. The region is anticipated to witness a CAGR of XX% from 2017 to 2030 owing to increasing construction activities in emerging economies such as China, India, Indonesia, Vietnam and Malaysia. In addition, rising population coupled with growing consumer disposable income levels will drive demand for housing which will further propel industry growth over the coming years.
China was one of the largest producers as well as consumers of FGD gypsum globally. The country produced around 740 kilotons (kt) of FGD gypsum in 2015 on account of large scale mining operations by state-owned enterprises (SOEs).
Growth Factors:
- Increasing demand from the construction industry for plasterboard and other building products
- Growing use of synthetic gypsum in agriculture as a soil amendment and fertilizer
- Rising demand for synthetic gypsum in manufacturing industries as a binding agent and filler material
- Proliferation of green building initiatives that promote the use of recycled materials in construction projects
- Technological advancements that improve the efficiency and productivity of synthetic gypsum production
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Gypsum Market Research Report
By Type
FGD Gypsum, Phosphogypsum, Others
By Application
Medical, Food Industry, Other
By Companies
Knauf Gips, LafargeHolcim, National Gypsum, PABCO Gypsum, USG, Knauf Gips
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Gypsum Market Report Segments:
The global Synthetic Gypsum market is segmented on the basis of:
Types
FGD Gypsum, Phosphogypsum, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Food Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Knauf Gips
- LafargeHolcim
- National Gypsum
- PABCO Gypsum
- USG
- Knauf Gips
Highlights of The Synthetic Gypsum Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- FGD Gypsum
- Phosphogypsum
- Others
- By Application:
- Medical
- Food Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Synthetic Gypsum Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Synthetic gypsum is a type of plaster made from synthetic materials. It is often used to make drywall and other construction materials.
Some of the key players operating in the synthetic gypsum market are Knauf Gips, LafargeHolcim, National Gypsum, PABCO Gypsum, USG, Knauf Gips.
The synthetic gypsum market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Synthetic Gypsum Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Synthetic Gypsum Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Synthetic Gypsum Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Synthetic Gypsum Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Synthetic Gypsum Market Size & Forecast, 2018-2028
4.5.1 Synthetic Gypsum Market Size and Y-o-Y Growth
4.5.2 Synthetic Gypsum Market Absolute $ Opportunity
Chapter 5 Global Synthetic Gypsum Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Synthetic Gypsum Market Size Forecast by Type
5.2.1 FGD Gypsum
5.2.2 Phosphogypsum
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Synthetic Gypsum Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Synthetic Gypsum Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Food Industry
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synthetic Gypsum Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Synthetic Gypsum Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Synthetic Gypsum Analysis and Forecast
9.1 Introduction
9.2 North America Synthetic Gypsum Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Synthetic Gypsum Market Size Forecast by Type
9.6.1 FGD Gypsum
9.6.2 Phosphogypsum
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Synthetic Gypsum Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Food Industry
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Synthetic Gypsum Analysis and Forecast
10.1 Introduction
10.2 Europe Synthetic Gypsum Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Synthetic Gypsum Market Size Forecast by Type
10.6.1 FGD Gypsum
10.6.2 Phosphogypsum
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Synthetic Gypsum Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Food Industry
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Synthetic Gypsum Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Synthetic Gypsum Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Synthetic Gypsum Market Size Forecast by Type
11.6.1 FGD Gypsum
11.6.2 Phosphogypsum
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Synthetic Gypsum Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Food Industry
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Synthetic Gypsum Analysis and Forecast
12.1 Introduction
12.2 Latin America Synthetic Gypsum Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Synthetic Gypsum Market Size Forecast by Type
12.6.1 FGD Gypsum
12.6.2 Phosphogypsum
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Synthetic Gypsum Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Food Industry
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Synthetic Gypsum Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Synthetic Gypsum Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Synthetic Gypsum Market Size Forecast by Type
13.6.1 FGD Gypsum
13.6.2 Phosphogypsum
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Synthetic Gypsum Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Food Industry
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Synthetic Gypsum Market: Competitive Dashboard
14.2 Global Synthetic Gypsum Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Knauf Gips
14.3.2 LafargeHolcim
14.3.3 National Gypsum
14.3.4 PABCO Gypsum
14.3.5 USG
14.3.6 Knauf Gips
