Synthetic Gypsum Market to grow at 4.23% CAGR: COVID Impact, Trends, and Forecast

Evolve Business Intelligence, today has published a new market research report on the global Synthetic gypsum market. According to the published study, “The global Synthetic gypsum market size is expected to grow at the CAGR of 4.23% from 2021 to 2028”

For more information on the report: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005675

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Synthetic gypsum market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

In terms of COVID 19 impact, the Synthetic gypsum market report also includes the following data points:
• COVID19 Impact on Synthetic gypsum market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in the Synthetic gypsum market

Analyst View
According to Lekha, Principal Analyst, Evolve Business Intelligence, “Demand for synthetic gypsum had witnessed a massive negative shift since the coronavirus outbreak. the government had temporally restricted discontinuing production of construction materials. the supply and demand for synthetic gypsum are almost halted. Thus, decreased consumer demand and consumption had led to reduction and slow down of sales of synthetic gypsum market across the globe.”

Competitive Scenario
Some of the major Synthetic gypsum players holding high market share include National Gypsum, Synthetic Materials, FEECO International, and Saint-Gobain. These players use collaboration and expansion as a key strategy to gain significant market share to compete with market leaders

Segmental Analysis
The Synthetic gypsum market is analyzed across the below-mentioned segments:

• Type
o FGD gypsum
o Fluro gypsum
o Phosphogypsum
o Citro gypsum
o Others

• Application
o Drywall
o Cement
o Soil Amendment
o Dental
o Water treatment
o Others

Report Coverage
The study also contains a comprehensive value chain, as well as details on the key factors affecting the market growth (drivers, constraints, and opportunities). Furthermore, the report includes 10 key players in the Synthetic gypsum market ecosystem that have been strategically profiled, along with the market ranking/share for major players. Under the company profile section, the company’s core competencies have been comprehensively analyzed, along with detailing the competitive landscape for the market players, and the strategies such as partnerships and collaboration, acquisitions, product launches and developments, contracts, and business expansion adopted by them to grow in the market.

The key players profiled in the report are:
• LafargeHolcim
• National Gypsum
• Synthetic Materials
• Knauf Gips
• American Gypsum
• FEECO International
• Continental Building Products
• Delta Gypsum
• Gyptec IBÉRICA
• Saint-Gobain

To request a free sample report: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005675

Research Methodology
This research study makes substantial use of secondary sources, archives, and databases (such as annual reports, news releases, magazines, Trade maps, company websites, and other paid databases) to classify and gather information valuable for this analysis. The entire process involves a review of top industry participants' financial records. Following the determination of the overall market size, the total market was divided into several segments and sub-segments, and this information was then verified through key industry specialists such as CEOs, directors, VPs, and marketing executives.

Report Objectives
• To define, describe, and forecast the Synthetic gypsum market, in terms of value, segmented based on indication, type, technology, and geography
• To forecast the market size across 4 key regions—Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW)
• To provide detailed information regarding drivers, restraints, and opportunities, in the Synthetic gypsum market
• To provide an overview of the value chain analysis about the Synthetic gypsum industry
• To strategically analyze each segment and subsegment concerning individual overall growth trends and their contribution to the overall synthetic gypsum market
• To analyze opportunities in the market by identifying high-growth segments of the Synthetic gypsum market
• To profile key players in the Synthetic gypsum market and comprehensively analyze their core competencies
• To analyze competitive developments such as partnerships, product launches and developments, contracts, and mergers and acquisitions carried out in the global Synthetic gypsum market

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About EvolveBI
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This release was published on openPR.