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FGD Gypsum Market to Gain Value of USD 1.6 Bn, Growing at a CAGR of 5.7% by 2034, TMR Study

11-21-2024 12:48 PM CET | Chemicals & Materials

Press release from: Transparency Market Research

FGD Gypsum Market

FGD Gypsum Market

The FGD Gypsum market focuses on gypsum obtained as a byproduct from flue gas desulfurization (FGD) systems used in coal-fired power plants. FGD gypsum, chemically similar to natural gypsum, is widely utilized in construction, agriculture, and industrial applications. Its key advantages include cost-effectiveness, sustainability, and versatility. This market plays a significant role in waste management and supports the transition toward eco-friendly materials in various industries.

The market for FGD gypsum is growing due to the increasing adoption of desulfurization technologies in power plants to meet stringent environmental regulations. The construction sector remains the largest consumer, using FGD gypsum for producing wallboards, cement, and plaster. Additionally, its application in soil conditioning and fertilizer production in agriculture contributes to market demand. It is estimated to grow at a CAGR of 5.7% from 2024 to 2034 and reach US$ 1.6 Bn by the end of 2034.

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Top Companies:

American Gypsum Company, LLC
Georgia-Pacific Gypsum LLC
HOLCIM
National Gypsum Services Company
PABCO Gypsum
Saint-Gobain
USG Corporation
Knauf Digital GmbH
GYPSEMNA CO LLC

Key Market Drivers

Stringent Environmental Regulations: Policies promoting sulfur dioxide (SO₂) reduction in power plants drive FGD adoption, boosting gypsum production.
Growing Construction Industry: Rising demand for gypsum-based wallboards and cement in residential and commercial projects.
Sustainability Initiatives: Preference for recycled and byproduct-based materials over natural resources.
Agricultural Applications: Increasing use of FGD gypsum as a soil amendment to improve fertility and water retention.
Economic Advantages: Cost benefits of FGD gypsum compared to natural gypsum for industrial applications.

Applications

Construction: Wallboard production, cement manufacturing, and plaster.
Agriculture: Soil conditioning, water infiltration improvement, and pH adjustment.
Industrial Use: Production of blocks, tiles, and moldings.

Recent Developments

Technological Advancements: Improved processes for higher-quality FGD gypsum with consistent composition.
Circular Economy Initiatives: Collaboration between power plants and construction industries to repurpose FGD gypsum effectively.
Emerging Markets: Increased adoption in regions with growing construction activities, such as Asia-Pacific and Latin America.
Regulatory Incentives: Encouragement of byproduct utilization through tax benefits and subsidies.

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Key Segmentation:

By Type
Natural
Synthetic

By Application
Drywall
Cement
Water Treatment
Mining
Soil Amendment
Others

By End-user
Construction
Agriculture
Mining
Others

By Region

North America
Europe
Asia Pacific
Middle East & Africa
South America

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Conclusion
The FGD gypsum market is poised for growth, driven by its cost-effectiveness, sustainability, and versatility in various applications. The construction and agriculture sectors remain primary contributors to demand. However, the market must address challenges related to supply constraints and quality consistency as global energy transitions evolve. Continued innovation in production methods and recycling initiatives will be key to the long-term success of the FGD gypsum market.

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
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Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

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