Synthetic Gypsum Market size was valued at USD 1.83 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 4.93 % through 2024 to 2030, reaching nearly USD 2.56 Bn. Synthetic gypsum is a sulphate material, which are prepared by the scrubbing or flue gas desulfurization procedures in a coal-fired power plant. Synthetic gypsum is serene of calcium sulphate dehydrate and holds the same properties as those of natural gypsum and it can be used as a substitute of natural gypsum in numerous applications. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.To know about the Research Methodology :- Request Free Sample Report
Synthetic Gypsum Market Overview
Synthetic gypsum is a manufactured material derived from industrial byproducts, primarily flue-gas desulfurization in power plants. It serves as a substitute for natural gypsum, used in construction, agriculture, and various industrial applications. The global synthetic gypsum market is expanding due to rising demand from construction, cement, and agricultural sectors. Synthetic gypsum, primarily produced as a byproduct of industrial processes like flue-gas desulfurization (FGD) in coal-fired power plants, is a sustainable alternative to natural gypsum. Its key benefits, such as improved soil conditioning properties in agriculture and enhanced strength in cement, drive market growth. North America and Europe are leading markets, supported by strict environmental regulations and increased adoption of eco-friendly materials. Asia-Pacific is also experiencing rapid growth, fueled by infrastructure development and rising environmental awareness. Major players are focusing on innovation and expansion to meet growing global demand.Synthetic Gypsum Market Dynamics
The synthetic gypsum market is driven by several factors, with environmental regulations playing a key role. Governments across the globe are enforcing stringent policies to reduce sulfur dioxide emissions from industrial plants, especially coal-fired power plants. This has led to increased production of synthetic gypsum, particularly flue-gas desulfurization (FGD) gypsum, as a byproduct of emission control systems. The construction industry is also a major driver, with synthetic gypsum being used extensively in drywall, plaster, and cement manufacturing, due to its cost-effectiveness and reduced environmental impact compared to natural gypsum. Government rules, which include the Clean Air Act have been announced to reduce the pollution caused by coal plants is expected to drive the market in the near future. Rapid urbanization, large-scale investments in the building & construction sector, increasing number of construction activities in emerging economies, and growing demand from the construction sector are expected to drive the global synthetic gypsum market. In agriculture, synthetic gypsum is gaining popularity for improving soil structure, nutrient availability, and water infiltration, which boosts its demand in regions with extensive farming activities. Additionally, the circular economy trend promotes recycling and reuse, creating opportunities for synthetic gypsum producers to capitalize on sustainability-focused markets. Opportunities exist in emerging markets like Asia-Pacific and Latin America, where industrialization and urbanization are increasing demand for construction materials. Innovation in synthetic gypsum production techniques, focusing on reducing the environmental footprint, can also unlock further market growth. Players who invest in research and development to enhance product quality, efficiency, and eco-friendliness are poised to gain a competitive edge in this expanding market. Synthetic gypsum is eco-friendly product as compared to natural gypsum and available at low is expected to boost the growth of the synthetic gypsum market during the forecast period. Rising demand for green building structures is expected to boom the synthetic gypsum market. Furthermore, presence of substitutes of synthetic gypsum in the form of natural gypsum is limiting the growth of the synthetic gypsum market over the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments by material, type, end-user and region and, project the global synthetic gypsum market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global synthetic gypsum market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.Synthetic Gypsum Market Segment Analysis
FGD gypsum is expected to share significant growth in the global synthetic gypsum market. The growth in the market is attributed to the increasing its usage in the agriculture sector as a fertilizer to improve crop. It is mainly added as sulphur or calcium fertilizer in the soil. In construction sector it is also used as filler material in cement plasters to enhance strengthening and reduce the setting time of the concrete. It is also helpful for creation of decorative panels and Pop structures. FGD gypsum is a flexible mineral, which is employed as a fertilizer in agriculture.Synthetic Gypsum Market Regional Insight
The Asia Pacific region is expected to dominate the growth in the global synthetic gypsum products. The dominance position in the market is attributed to the increasing number of infrastructural activities and large population in developing economies such as China and India. The rapid urbanization in these countries demands quicker and cheaper construction of buildings and facilities with the standard quality. Additionally, the growing number of government investments in infrastructural constructions offer the potential for growth of the synthetic gypsum market in this region.Synthetic Gypsum Market Ecosystem
Scope of the Global Synthetic Gypsum Market: Inquire before buying
Global Synthetic Gypsum Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 1.83 Bn Forecast Period 2024 to 2030 CAGR: 4.93% Market Size in 2030: USD 2.56 Bn Segments Covered: by Application Drywall Cement Soil amendment Dental Water treatment Others by Type FGD gypsum Flurogypsum Phosphogypsum Citrogypsum Others Synthetic Gypsum Market, by Geography
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Synthetic Gypsum Market Key Players are:
1. USG Corporation 2. Lafarge Holcim 3. FEECO international 4. Delta Gypsum 5. National Gypsum 6. Synthetic Materials LLC 7. Constantia Building Products 8. KNAUF GIPS 9. American Gypsum 10.British Gypsum 11.PABCO Building Products, LLC 12.Saint-Gobain Construction Products 13.Georgia-Pacific Gypsum LLC 14.Gyptec IBERICA 15.BauMineral GmbH 16.VGB PowerTech e.V. 17.STEAG POWER MINERALS 18.Drax Group plc 19.EDF Energy 20.E.ON UK plc.Frequently Asked questions
1] What is the market size of the Global Synthetic Gypsum Market in 2023? Ans. The market size Global Synthetic Gypsum Market in 2023 was US$ 1.83 Billion. 2] What are the different segments of the Global Synthetic Gypsum Market? Ans. The Global Synthetic Gypsum Market is divided into Type and Type. 3] What is the study period of this market? Ans. The Global Synthetic Gypsum Market will be studied from 2023 to 2030. 4] Which region is expected to hold the highest Global Synthetic Gypsum Market share? Ans. The North America dominates the market share in the market. 5] What is the Forecast Period of Global Market? Ans. The Forecast Period of the market is 2024-2030 in the market.
1. Synthetic Gypsum Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Synthetic Gypsum Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Products specific analysis 2.4.1. Main suppliers and their market positioning 2.4.2. Key customers and adoption rates across different sectors 2.5. Key Players Benchmarking 2.5.1. Company Name 2.5.2. Product Segment 2.5.3. End-user Segment 2.5.4. Revenue (2023) 2.5.5. Key Development 2.5.6. Geographic distribution of major customers 2.6. Market Structure 2.6.1. Market Leaders 2.6.2. Market Followers 2.6.3. Emerging Players 2.7. Mergers and Acquisitions Details 3. Synthetic Gypsum Market: Dynamics 3.1. Synthetic Gypsum Market Trends 3.2. Synthetic Gypsum Market Dynamics 3.2.1. Drivers 3.2.2. Restraints 3.2.3. Opportunities 3.2.4. Challenges 3.3. Trends/disruptions impacting customer business 3.4. Pricing Analysis 3.4.1. Average selling price of key players, by type 3.4.2. Pricing analysis based on region 3.5. Value Chain Analysis 3.5.1. Raw synthetic gypsum manufacturers 3.5.2. Synthetic gypsum based product manufacturers 3.5.3. Distributors 3.5.4. End-use sectors 3.6. Ecosystem Map 3.6.1. Raw material supply analysis 3.6.2. Collaborative dynamics between Manufacturers and Distributors 3.7. Technology analysis 3.7.1. Key technologies 3.7.1.1. Flue gas desulfurization technologies 3.7.1.2. Gypsum calcination 3.7.1.3. Acid neutralization process 3.7.2. Complementary technologies 3.7.2.1. Recycling techniques 3.7.2.2. Purification of phosphogypsum 3.7.2.3. Nanotechnology 3.8. Patent analysis 3.9. Trade analysis 3.9.1. Import Scenario 3.9.2. Export Scenario 3.10. PORTER’s Five Forces Analysis 3.10.1. Intensity of the Rivalry 3.10.2. Threat of New Entrants 3.10.3. Bargaining Power of Suppliers 3.10.4. Bargaining Power of Buyers 3.10.5. Threat of Substitutes 3.11. Key stakeholders and buying criteria 3.11.1. Key stakeholders in buying process 3.11.2. Buying criteria 3.12. Case study analysis 3.12.1. Case study 1 : gypsum flow problem solved at Lafarge joppa, Illinois cement plant 3.12.2. Case study 2: EDEN/A3 bailey office scheme, Manchester. Achieving environmental excellence with KNAUF,UK 3.12.3. Case study 3: reducing phosphorous runoff with FGD gypsum. Three year study in Maumee river basin, lake fire 3.13. Macroeconomic Analysis 3.13.1. Introduction 3.13.2. GDP trends and forecast 3.13.3. Construction industry as percentage of GDP 3.14. Construction Industry investment and funding scenario 3.15. List of companies using FGD manufacturing technology 3.15.1. Companies using FGD manufacturing technology 3.16. Regulatory Landscape by Region 3.16.1. North America 3.16.2. Europe 3.16.3. Asia Pacific 3.16.4. South America 3.16.5. MEA 4. Synthetic Gypsum Market: Global Market Size and Forecast by Segmentation (by Value in USD Mn) (2023-2030) 4.1. Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 4.1.1. Drywall 4.1.2. Cement 4.1.3. Soil amendment 4.1.4. Dental 4.1.5. Water treatment 4.1.6. Others 4.2. Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 4.2.1. FGD gypsum 4.2.2. Flurogypsum 4.2.3. Phosphogypsum 4.2.4. Citrogypsum 4.2.5. Others 4.3. Synthetic Gypsum Market Size and Forecast, by Region (2023-2030) 4.3.1. North America 4.3.2. Europe 4.3.3. Asia Pacific 4.3.4. Middle East and Africa 4.3.5. South America 5. North America Synthetic Gypsum Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 5.1. North America Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 5.1.1. Drywall 5.1.2. Cement 5.1.3. Soil amendment 5.1.4. Dental 5.1.5. Water treatment 5.1.6. Others 5.2. North America Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 5.2.1. FGD gypsum 5.2.2. Flurogypsum 5.2.3. Phosphogypsum 5.2.4. Citrogypsum 5.2.5. Others 5.3. North America Synthetic Gypsum Market Size and Forecast, by Country (2023-2030) 5.3.1. United States 5.3.1.1. United States Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 5.3.1.1.1. Drywall 5.3.1.1.2. Cement 5.3.1.1.3. Soil amendment 5.3.1.1.4. Dental 5.3.1.1.5. Water treatment 5.3.1.1.6. Others 5.3.1.2. United States Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 5.3.1.2.1. FGD gypsum 5.3.1.2.2. Flurogypsum 5.3.1.2.3. Phosphogypsum 5.3.1.2.4. Citrogypsum 5.3.1.2.5. Others 5.3.2. Canada 5.3.2.1. Canada Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 5.3.2.1.1. Drywall 5.3.2.1.2. Cement 5.3.2.1.3. Soil amendment 5.3.2.1.4. Dental 5.3.2.1.5. Water treatment 5.3.2.1.6. Others 5.3.2.2. Canada Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 5.3.2.2.1. FGD gypsum 5.3.2.2.2. Flurogypsum 5.3.2.2.3. Phosphogypsum 5.3.2.2.4. Citrogypsum 5.3.2.2.5. Others 5.3.3. Mexico 5.3.3.1. Mexico Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 5.3.3.1.1. Drywall 5.3.3.1.2. Cement 5.3.3.1.3. Soil amendment 5.3.3.1.4. Dental 5.3.3.1.5. Water treatment 5.3.3.1.6. Others 5.3.3.2. Mexico Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 5.3.3.2.1. FGD gypsum 5.3.3.2.2. Flurogypsum 5.3.3.2.3. Phosphogypsum 5.3.3.2.4. Citrogypsum 5.3.3.2.5. Others 6. Europe Synthetic Gypsum Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. Europe Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 6.2. Europe Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 6.3. Europe Synthetic Gypsum Market Size and Forecast, by Country (2023-2030) 6.3.1. United Kingdom 6.3.1.1. United Kingdom Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 6.3.1.2. United Kingdom Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 6.3.2. France 6.3.2.1. France Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 6.3.2.2. France Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 6.3.3. Germany 6.3.3.1. Germany Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 6.3.3.2. Germany Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 6.3.4. Italy 6.3.4.1. Italy Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 6.3.4.2. Italy Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 6.3.5. Spain 6.3.5.1. Spain Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 6.3.5.2. Spain Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 6.3.6. Sweden 6.3.6.1. Sweden Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 6.3.6.2. Sweden Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 6.3.7. Austria 6.3.7.1. Austria Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 6.3.7.2. Austria Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 6.3.8. Rest of Europe 6.3.8.1. Rest of Europe Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 6.3.8.2. Rest of Europe Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 7. Asia Pacific Synthetic Gypsum Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Asia Pacific Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 7.2. Asia Pacific Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 7.3. Asia Pacific Synthetic Gypsum Market Size and Forecast, by Country (2023-2030) 7.3.1. China 7.3.1.1. China Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 7.3.1.2. China Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 7.3.2. S Korea 7.3.2.1. S Korea Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 7.3.2.2. S Korea Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 7.3.3. Japan 7.3.3.1. Japan Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 7.3.3.2. Japan Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 7.3.4. India 7.3.4.1. India Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 7.3.4.2. India Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 7.3.5. Australia 7.3.5.1. Australia Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 7.3.5.2. Australia Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 7.3.6. ASIAN 7.3.6.1. ASIAN Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 7.3.6.2. ASIAN Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 7.3.7. Rest of Asia Pacific 7.3.7.1. Rest of Asia Pacific Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 7.3.7.2. Rest of Asia Pacific Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 8. Middle East and Africa Synthetic Gypsum Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 8.1. Middle East and Africa Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 8.2. Middle East and Africa Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 8.3. Middle East and Africa Synthetic Gypsum Market Size and Forecast, by Country (2023-2030) 8.3.1. South Africa 8.3.1.1. South Africa Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 8.3.1.2. South Africa Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 8.3.2. S GCC 8.3.2.1. GCC Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 8.3.2.2. GCC Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 8.3.3. Egypt 8.3.3.1. Egypt Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 8.3.3.2. Egypt Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 8.3.4. Nigeria 8.3.4.1. Nigeria Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 8.3.4.2. Nigeria Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 8.3.5. Rest of ME &A 8.3.5.1. Rest of ME &A Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 8.3.5.2. Rest of ME &A Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 9. South America Synthetic Gypsum Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 9.1. South America Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 9.2. South America Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 9.3. South America Synthetic Gypsum Market Size and Forecast, by Country (2023-2030) 9.3.1. Brazil 9.3.1.1. Brazil Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 9.3.1.2. Brazil Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 9.3.2. Argentina 9.3.2.1. Argentina Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 9.3.2.2. Argentina Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 9.3.3. Rest Of South America 9.3.3.1. Rest of South America Synthetic Gypsum Market Size and Forecast, by Application (2023-2030) 9.3.3.2. Rest of South America Synthetic Gypsum Market Size and Forecast, by Type (2023-2030) 10. Company Profile: Key Players 10.1. USG Corporation 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.3.1. Total Revenue 10.1.3.2. Segment Revenue 10.1.3.3. Annual Revenue 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. Lafarge Holcim 10.3. FEECO international 10.4. Delta Gypsum 10.5. National Gypsum 10.6. Synthetic Materials LLC 10.7. Constantia Building Products 10.8. KNAUF GIPS 10.9. American Gypsum 10.10. British Gypsum 10.11. PABCO Building Products, LLC 10.12. Saint-Gobain Construction Products 10.13. Georgia-Pacific Gypsum LLC 10.14. Gyptec IBERICA 10.15. BauMineral GmbH 10.16. VGB PowerTech e.V. 10.17. STEAG POWER MINERALS 10.18. Drax Group plc 10.19. EDF Energy 10.20. E.ON UK plc. 11. Key Findings and Analyst Recommendations 12. Synthetic Gypsum Market: Research Methodology 12.1. Research Data 12.1.1. Secondary Data 12.1.1.1. Key data from secondary sources 12.1.2. Primary Data 12.1.2.1. Key primary participants 12.1.2.2. Breakdown of interviews with expert 12.1.2.3. Key industry insights 12.2. Market size estimation 12.2.1. Bottom-up approach 12.2.2. Top-down approach 12.3. Base number calculation 12.3.1. Demand side approach 12.3.2. Supply side approach
