The Global Market for Gypsum and Anhydrite is Projected to Exceed 371.8 Million Metric Tons by 2022
Established Applications in
the Recovering Construction End-Use Sector Drives Global Gypsum & Anhydrite
Consumption, According to a New Report by Global Industry Analysts,
Inc.
GIA
launches comprehensive analysis of industry segments, trends, growth drivers,
market share, size and demand forecasts on the global Gypsum and Anhydrite
market. The global market for Gypsum
and Anhydrite is projected to exceed 371.8 million metric tons by 2022, driven by uptrend in the
construction sector, positive momentum in the building materials market and
soaring demand for quality interior finishes.
Gypsum
is a versatile material that has been in use in construction applications for
millennia. Incorporating diverse features such as resistance to fire, humidity,
moisture and impact, gypsum offers design flexibility, ease of installation,
adaptability, durability and end-to-end insulation benefits to builders and
building owners. Mined gypsum and anhydrite is processed in various forms such
as Sheathing, Veneer Plaster, Drywall, Plasterboard, and Wallboard for various applications
in residential and non-residential buildings. Market for gypsum and anhydrite
continues to expand amid steady acceleration in the world construction sector,
with the prevailing positive economic scenario encouraging new and pent-up
investments in residential and non-residential projects. Fast paced
urbanization, improvements in commercial real estate (CRE) domain along with
growing public spending on infrastructure development are steering the
construction sector, while generating parallel opportunities for construction
materials such as gypsum.
Market
is benefiting from established image of gypsum-made products as viable
solutions for interior wall and room ceiling finishes in building construction,
against the backdrop of high performance, high efficiency, and cost economies
offered as compared to other types of interior finishes. Growing emphasis on
‘Green’ and LEED compliant buildings is another ongoing trend encouraging the
demand. Gypsum made products, because of their acoustic, thermal, and recyclability features, fully comply with
the ‘Green’ and LEED requirements for new buildings and building
renovations. Gypsum market continues to
gain impetus from rising production and consumption of Portland cement, where
it is used as an additive that controls cement hardening process for effective
setting of cement mixture. Widening role as a fertilizer and soil conditioner
in agricultural applications is also aiding growth in the gypsum market.
An
ongoing trend in the gypsum market is the expanding share of Synthetic Gypsum.
Often referred to as flue-gas-desulfurization
(FGD) gypsum,
synthetic gypsum is produced as a byproduct in coal-fired power plants and
demonstrates all the features and functions of naturally sourced mineral
gypsum. Use of Synthetic Gypsum in place of mineral gypsum is especially
gaining momentum in the key markets of North America and China, where the
material is increasingly being used in making construction-grade products.
As stated by the new market research report on Gypsum
and Anhydrite, Asia-Pacific represents the largest market
worldwide supported by a large and lucrative construction sector in the region.
The Middle East & Africa represents the fastest growing market registering
a CAGR of 5.7% over the analysis period. Iran is one of the largest
manufacturers of gypsum as well as anhydrite in the Middle East, and is highly
renowned for producing superior quality gypsum.
Key players in the market include ACG Materials,
Anhydritec, Beijing New Building Material (Group) Co., Ltd., Blue Diamond Hill
Gypsum (BDH Gypsum), COEMAC, Continental Building Products LLC, Eagle Materials
Inc., American Gypsum Company, FACT - RCF Building Products Ltd. (FRBL),
Georgia-Pacific Gypsum LLC, Knauf Gips KG, National Gypsum Company, PABCO
Gypsum, Saint Gobain SA, CertainTeed Corporation, Gypsum Industries
(Ireland) Ltd., Thai Gypsum Products Pcl, USG Corporation and CGC Inc., among
others.
The
research report titled “Gypsum and Anhydrite: A
Global Strategic Business Report” announced by Global Industry Analysts Inc.,
provides a comprehensive review
of market trends, issues, drivers, mergers, acquisitions and other strategic
industry activities of major market participants. The report provides market
estimates and projections for all major geographic markets such as the United
States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and
Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin
America (Brazil, Mexico, and Rest of Latin America), and Rest of World.
For enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com
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