Rising Use of Industrial Processes Such as Flue Gas Desulfurization Driving the Global Synthetic Gypsum Market
Global synthetic gypsum market is anticipated to grow at a CAGR of 8.4% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing demand for sustainable and eco-friendly construction materials. Synthetic gypsum, which is produced as a by-product of various industrial processes such as flue gas desulfurization in power plants and phosphoric acid production, serves as an environmentally friendly alternative to natural gypsum. Its use helps reduce the reliance on natural gypsum reserves, which are finite and subject to environmental concerns such as habitat disruption and groundwater depletion. Additionally, synthetic gypsum offers comparable physical and chemical properties to natural gypsum, making it suitable for a wide range of applications in the construction industry, including plasterboard, cement production, and soil amendment.
Browse the full report description of “Synthetic Gypsum Market Size, Share & Trends Analysis Report by Product Type (Flue Gas Desulfurization (FGD) Gypsum, Fluorogypsum, Phosphogypsum, Citrogypsum, and Titanogypsum) and by Application (Drywall, Cement and Soil Amendments) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/synthetic-gypsum-market
Recent Developments
- In October 2023, Valmet received a contract to engineer and deliver FGD gypsum for use in a petroleum refinery application in India. This product is anticipated to assist the purchasers in mitigating sulfur oxide emissions, consequently contributing to reduced air pollution levels.
- In July 2020, Dolina Nidy Sp.z.o.o underwent an expansion of its production capabilities for flue gas desulphurization (FGD) gypsum, facilitated by the implementation of a flash dryer system.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Product Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Drax, LafargeHolcim, Saint-Gobain, PABCO Gypsum, USG Corp. and others.
Key questions addressed by the report.
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Synthetic Gypsum Market Report Segment
By Product Type
- Flue Gas Desulfurization (FGD) Gypsum
- Fluorogypsum
- Phosphogypsum
- Citrogypsum
- Titanogypsum
By Application
- Drywall
- Cement
- Soil Amendments
Global Synthetic Gypsum Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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