Synthetic Gypsum Market 2022 Global Analysis, Opportunities and Forecast to 2031

Synthetic Gypsum Market 2022-2031

As per PMR analysis, the global synthetic gypsum market is projected to reach a market value of US$ 3.3 Bn by 2030, expanding at a CAGR of over 5% during the forecast period of 2022-2030.

Synthetic gypsum is a by-product in industrial processing, is composed of calcium sulfate dihydrate, and has the same characteristics as natural gypsum. Synthetic gypsum has numerous applications such as in drywall, cement, plaster, Soil amendments, and others. Manufacturing of synthetic gypsum facilitates some optimistic environmental and economic aids. The global synthetic gypsum market is expected to witness sustainable development during the forecast period, owed to increased demand from the construction industry. Suburbanization and growth in the agriculture sector is aiding market growth.

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Key Players:

The report has profiled some of the important players prevalent in the global like - LafargeHolcim, Compagnie de Saint-Gobain S.A., National Gypsum Properties LLC, Knauf Gips KG, Boral limited, PABCO Building Products, LLC, USG Corporation, American Gypsum, FEECO International, Inc., Synthetic Material LLC, Georgia Pacific Gypsum LLC, Gyptec IBERICA, and Delta Gypsum and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Synthetic Gypsum Market.

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Key Takeaways from Synthetic Gypsum Market Study

In terms of regional growth, Asia Pacific is the manufacturing hub for cement, and is anticipated to witness rapid growth in the global synthetic gypsum market.
Drywall manufacturing is the most significantly growing application segment in this market in terms of synthetic gypsum consumption.
Urbanization and growth in the agriculture sector for FGD gypsum, which is used as a fertilizer for improving soil amendment and crop productivity, are expected to push the growth of the synthetic gypsum market over the coming years.
Rapidly growing demand for drywall and cement in the construction industry is expected to generate increased demand for synthetic gypsum.
While the synthetic gypsum market is projected to grow at a healthy pace, the ongoing COVID-19 pandemic is anticipated to have a significant negative impact on demand. This is expected to continue during 2020-21.
"Owing to the COVID-19 pandemic impact across the globe, the market in North America and Europe is expected to be impacted moderately, owing to less demand from end users. However, governments are likely to play a strong role over the coming months, as they are looking to create jobs and fuel the growth of the manufacturing sector in a strategic manner to avoid getting burdened with debt," says a PMR analyst.

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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders
Synthetic Gypsum Market Manufacturers
Synthetic Gypsum Market Distributors/Traders/Wholesalers
Synthetic Gypsum Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

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Synthetic Gypsum Market - Report Highlights

A detailed overview of parent market of Synthetic Gypsum Market
Changing Synthetic Gypsum Market dynamics in the industry
In-depth segmentation of the Synthetic Gypsum Market
Historical, current, and projected Synthetic Gypsum Market size regarding volume and value
Recent industry trends and developments in Synthetic Gypsum Market
Competitive landscape of the Synthetic Gypsum Market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Synthetic Gypsum Market performance
Must-have information for Synthetic Gypsum Market players to sustain and enhance their market footprint
Key Questions Answered in the Synthetic Gypsum Market Report

How is the Synthetic Gypsum Market expected to grow over the projected period?

What direction is the Synthetic Gypsum Market expected to take in terms of volume and value during the forecast period?

What is the impact of macroeconomic factors on the Synthetic Gypsum Market in future?

What are the key market drivers in the Synthetic Gypsum Market?

What are significant opportunities and improvement areas for Synthetic Gypsum Market manufacturers?

What are the key developments and trends taking over the Synthetic Gypsum Market?

Which are the emerging countries that are expected to create significant growth opportunities in the Synthetic Gypsum Market?

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