Press release
Synthetic Gypsum Market is projected to grow at a CAGR of 4.93% and reach USD 2.44 billion by 2029
Synthetic Gypsum Market Report Scope and Research MethodologySynthetic gypsum, a sulphate material produced through scrubbing or flue gas desulfurization in coal-fired power plants, offers similar properties to natural gypsum and serves as a viable substitute in various applications. With government regulations, including the Clean Air Act, aimed at reducing pollution from coal plants, the market is poised for significant growth. Factors such as rapid urbanization, substantial investments in the building and construction sector, increased construction activities in emerging economies, and rising demand from the construction industry will drive the global synthetic gypsum market.
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What are Synthetic Gypsum Market Dynamics?
a. Government Regulations: Government regulations, such as the Clean Air Act, aimed at reducing pollution from coal plants, are driving the demand for synthetic gypsum. These regulations require coal-fired power plants to use flue gas desulfurization (FGD) procedures, which generate synthetic gypsum as a byproduct.
b. Growing Construction Sector: The construction industry's expansion, driven by rapid urbanization, infrastructure development, and investments, is increasing the demand for synthetic gypsum. It is used as a substitute for natural gypsum in various construction applications.
c. Environmental Sustainability: Synthetic gypsum is considered an eco-friendly alternative to natural gypsum, as it reduces the need for mining and has a lower environmental impact. The growing demand for sustainable building materials and green construction practices is boosting the market for synthetic gypsum.
d. Cost-effectiveness: Synthetic gypsum is available at a lower cost compared to natural gypsum, making it an attractive option for manufacturers and construction companies. Its affordability contributes to market growth.
What are Synthetic Gypsum Market regional insights:
The Asia Pacific region is expected to dominate the global synthetic gypsum market, driven by the increasing number of infrastructural activities and the large population in developing economies like China and India. Rapid urbanization in these countries necessitates fast and cost-effective construction of buildings and facilities without compromising quality. Additionally, the governments' investments in infrastructure development create further growth opportunities for the synthetic gypsum market in this region.
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What is Synthetic Gypsum Market Segmentation?
by Application
• Drywall
• Cement
• Soil amendment
• Dental
• Water treatment
• Others
by Type
• FGD gypsum
• Flurogypsum
• Phosphogypsum
• Citrogypsum
• Others
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Who are Synthetic Gypsum Market Key Players?
• USG Corporation
• Lafarge Holcim
• FEECO international
• Delta Gypsum
• National Gypsum
• Synthetic Materials LLC
• Constantia Building Products
• KNAUF GIPS
• American Gypsum
• British Gypsum
• PABCO Building Products, LLC
• Saint-Gobain Construction Products
• Georgia-Pacific Gypsum LLC
• Gyptec IBERICA
• BauMineral GmbH
• VGB PowerTech e.V.
• STEAG POWER MINERALS
• Drax Group plc
• EDF Energy
• E.ON UK plc.v
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Table of content for the Synthetic Gypsum Market includes:
1. Global Synthetic Gypsum Market: Research Methodology
2. Global Synthetic Gypsum Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Synthetic Gypsum Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Synthetic Gypsum Market Segmentation
• Global Market, by Application (2021-2029)
• Global Market, by Type (2021-2029)
5. Regional Synthetic Gypsum Market (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Type (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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