The synthetic gypsum market is projected to reach USD 4.77 billion by 2033, growing from USD 3.41 billion in 2023 with a compound annual growth rate (CAGR) of 4.87% over the forecast period. This market encompasses the production, distribution, and use of synthetic gypsum, a byproduct of various industrial processes, particularly the flue gas desulfurization (FGD) systems in coal-fired power plants. Synthetic gypsum is produced through a chemical reaction between sulfur dioxide (SO2) emissions from power plants and limestone or other calcium-containing materials.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Type (FGD gypsum, citro gypsum, fluro gypsum, phosphogypsum, and others)
By Application (Drywall, Cement, Soil Amendment, Dental, Water treatment, Others)
Key players
LafargeHolcim
National Gypsum
Synthetic Materials
Knauf Gips
American Gypsum
EECO International
Continental Building Products
Delta Gypsum
Gyptec IBERICA
Saint-Gobain
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