Press release
Calcium Sulphate Market is expected to grow at a CAGR of 5.14% during the forecasted period | Evolve Business Intelligence
• The global Calcium Sulphate Market size was valued at USD 1.91 billion in 2022 growing at a CAGR of 5.14% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
As per the study initiated by Evolve Business Intelligence, the global Calcium Sulphate Market size accounted for USD 1.91 billion in 2022, growing at a CAGR of 5.14% from 2023 to 2033. The calcium sulfate market involves the production and distribution of calcium sulfate compounds, including gypsum and anhydrite, used in various industries. Common applications include construction, agriculture, and food and beverage. In construction, calcium sulfate is utilized in the manufacturing of plaster and drywall. In agriculture, it is employed as a soil conditioner. Additionally, calcium sulfate finds application as a coagulant in the food and beverage industry. The market is driven by the expanding construction sector, agricultural activities, and the demand for food-grade calcium sulfate in the food industry.
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The calcium sulfate market is primarily driven by the robust growth in the construction sector, where it is widely used in the production of plaster and drywall. Agricultural applications, such as soil conditioning, further contribute to market demand. Additionally, the food and beverage industry's need for calcium sulfate as a coagulant propels market growth, reflecting its versatile applications across multiple sectors.
Key Players
Some of the major Calcium Sulphate Market players holding high market shares include Gfs Chemicals, Inc., W.A. Hammond Drierite Co. Ltd., Sigma-Aldrich Co. Llc and Nikunj Chemicals. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Spectrum Chemical Manufacturing Corp., Mionix Llc, Noah Technologies Corporation, Glc Minerals, Llc, Hebei Xingtai Shuanghua Gypsum Products Co., Ltd., Neelkanth Chemicals.
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Segmental Analysis
Based On Form Type, The Calcium Sulphate Market Is Segmented Into Anhydrous And Hydrated.
Based On End-Use Industry, The Calcium Sulphate Market Is Segmented Into Healthcare, Construction, Pharmaceuticals, Agriculture, Cement, Ore Mining And Chemicals.
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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