Synthetic Gypsum Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

PUBLISHED: February 9, 2024

PAGES: 195 Pages

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Description

Modern Construction Trends and Agriculture Industry Drive Market Expansion

Fairfield Market Research has released its latest market estimations, indicating a promising trajectory for the global Synthetic Gypsum Market from 2024 to 2031. With a projected CAGR, the market is poised to witness substantial growth opportunities, propelled primarily by the burgeoning demand for gypsum in both the construction and agriculture sectors.

Rising Demand in Home Interiors and Construction

The surge in adoption of gypsum for decorative applications in commercial and residential buildings is a significant driver of market growth. Synthetic gypsum, a by-product of industrial processes, offers versatility and efficiency, particularly in modern construction. From enhancing interior designs to improving energy efficiency, gypsum is becoming an indispensable component of construction materials worldwide.

Agricultural Benefits Driving Market Expansion

Moreover, the agriculture industry is increasingly recognizing the benefits of gypsum, particularly as a source of calcium and sulfur for plant nutrition. Its ability to enhance soil structure and mitigate aluminum toxicity underscores its value in improving crop yields and soil quality. As farmers seek sustainable solutions to optimize agricultural output, the demand for gypsum is expected to witness a steady rise.

Country-wise Analysis: Opportunities in Key Markets

United States: Despite its remarkable reserves of natural gypsum, the U.S. market for synthetic gypsum remains robust, driven by the extensive use of drywall and plasterboards in construction.
China: The booming construction industry in China presents substantial growth opportunities, supported by significant investments in infrastructure. Despite short-term challenges, the long-term outlook for synthetic gypsum remains optimistic, buoyed by the resilience of the Chinese economy.
India: With a focus on infrastructure development, India's cement industry is fueling the demand for synthetic gypsum. As the government prioritizes infrastructure projects, the Indian market presents promising prospects for synthetic gypsum manufacturers.

Category-wise Insights: Flue Gas Desulfurized Gypsum Leading the Way

Among various product types of synthetic gypsum, flue gas desulfurized gypsum stands out as the most lucrative segment. Its cost efficiency and suitability for a wide range of construction materials, including Portland cement and plaster, contribute to its growing traction in the market. With over 90% market share, flue gas desulfurized gypsum is poised to replace natural gypsum in the near future.

Competitive Analysis: Focus on Expansion and Price Competitiveness

Leading manufacturers are strategically expanding their production capacities and distribution networks to capitalize on the growing demand for synthetic gypsum. Investments in new plants and production lines, coupled with a focus on price competitiveness, are enabling players to strengthen their market positions and cater to diverse customer needs.

In light of these developments, Fairfield Market Research anticipates a dynamic and prosperous future for the global Synthetic Gypsum Market, driven by innovation, sustainability, and strategic partnerships across the industry.

Prominent participants in the global synthetic gypsum market include:

LafargeHolcim
Compagnie de Saint-Gobain S.A
National Gypsum Properties LLC
Knauf Gips KG
Boral limited
PABCO Building Products, LLC
USG Corporation
American Gypsum
FEECO International, Inc.
Synthetic Material LLC
Georgia Pacific Gypsum LLC
Gyptec IBERICA
Delta Gypsum

Key Segments Covered in Synthetic Gypsum Industry Research

By Product Type:

Flue Gas Desulfurization Gypsum
Citrogypsum
Fluorogypsum
Phosphogypsum
Others

By End-use:

Cement
Drywall
Plaster
Soil Amendments
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia
MEA

1. Executive Summary

1.1. Global Synthetic Gypsum Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Synthetic Gypsum Market Outlook, 2018 - 2031

3.1. Global Synthetic Gypsum Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Phosphogypsum
  - 3.1.1.2. Flurogypsum
  - 3.1.1.3. FGD gypsum
  - 3.1.1.4. Citrogypsum
  - 3.1.1.5. Others
3.2. Global Synthetic Gypsum Market Outlook, by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Cement
  - 3.2.1.2. Drywall
  - 3.2.1.3. Plaster
  - 3.2.1.4. Soil Amendments
  - 3.2.1.5. Others
3.3. Global Synthetic Gypsum Market Outlook, by Region, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Synthetic Gypsum Market Outlook, 2018 - 2031

4.1. North America Synthetic Gypsum Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Phosphogypsum
  - 4.1.1.2. Flurogypsum
  - 4.1.1.3. FGD gypsum
  - 4.1.1.4. Citrogypsum
  - 4.1.1.5. Others
4.2. North America Synthetic Gypsum Market Outlook, by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Cement
  - 4.2.1.2. Drywall
  - 4.2.1.3. Plaster
  - 4.2.1.4. Soil Amendments
  - 4.2.1.5. Others
- 4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Synthetic Gypsum Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 4.3.1.2. U.S. Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 4.3.1.3. Canada Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 4.3.1.4. Canada Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Synthetic Gypsum Market Outlook, 2018 - 2031

5.1. Europe Synthetic Gypsum Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Phosphogypsum
  - 5.1.1.2. Flurogypsum
  - 5.1.1.3. FGD gypsum
  - 5.1.1.4. Citrogypsum
  - 5.1.1.5. Others
5.2. Europe Synthetic Gypsum Market Outlook, by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Cement
  - 5.2.1.2. Drywall
  - 5.2.1.3. Plaster
  - 5.2.1.4. Soil Amendments
  - 5.2.1.5. Others
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Synthetic Gypsum Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.2. Germany Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.3. U.K. Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.4. U.K. Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.5. France Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.6. France Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.7. Italy Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.8. Italy Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.9. Turkey Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.10. Turkey Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.11. Russia Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.12. Russia Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.13. Rest of Europe Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.14. Rest of Europe Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Synthetic Gypsum Market Outlook, 2018 - 2031

6.1. Asia Pacific Synthetic Gypsum Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Phosphogypsum
  - 6.1.1.2. Flurogypsum
  - 6.1.1.3. FGD gypsum
  - 6.1.1.4. Citrogypsum
  - 6.1.1.5. Others
6.2. Asia Pacific Synthetic Gypsum Market Outlook, by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Cement
  - 6.2.1.2. Drywall
  - 6.2.1.3. Plaster
  - 6.2.1.4. Soil Amendments
  - 6.2.1.5. Others
- 6.2.2. Others BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Synthetic Gypsum Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.2. China Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.3. Japan Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.4. Japan Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.5. South Korea Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.6. South Korea Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.7. India Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.8. India Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.9. Southeast Asia Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.10. Southeast Asia Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.11. Rest of Asia Pacific Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.12. Rest of Asia Pacific Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Synthetic Gypsum Market Outlook, 2018 - 2031

7.1. Latin America Synthetic Gypsum Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Phosphogypsum
  - 7.1.1.2. Flurogypsum
  - 7.1.1.3. FGD gypsum
  - 7.1.1.4. Citrogypsum
  - 7.1.1.5. Others
7.2. Latin America Synthetic Gypsum Market Outlook, by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Synthetic Gypsum Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.2. Brazil Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.3. Mexico Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.4. Mexico Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.5. Argentina Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.6. Argentina Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.7. Rest of Latin America Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.8. Rest of Latin America Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Synthetic Gypsum Market Outlook, 2018 - 2031

8.1. Middle East & Africa Synthetic Gypsum Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Phosphogypsum
  - 8.1.1.2. Flurogypsum
  - 8.1.1.3. FGD gypsum
  - 8.1.1.4. Citrogypsum
  - 8.1.1.5. Others
8.2. Middle East & Africa Synthetic Gypsum Market Outlook, by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Cement
  - 8.2.1.2. Drywall
  - 8.2.1.3. Plaster
  - 8.2.1.4. Soil Amendments
  - 8.2.1.5. Others
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Synthetic Gypsum Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.2. GCC Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.3. South Africa Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.4. South Africa Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.5. Egypt Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.6. Egypt Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.7. Nigeria Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.8. Nigeria Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.9. Rest of Middle East & Africa Synthetic Gypsum Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Synthetic Gypsum Market by End Use, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Manufacturer vs by End Use Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. LafargeHolcim
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. Compagnie de Saint-Gobain S.A
  - 9.4.2.1. Company Overview
  - 9.4.2.2. Product Portfolio
  - 9.4.2.3. Financial Overview
  - 9.4.2.4. Business Strategies and Development
- 9.4.3. National Gypsum Properties LLC
  - 9.4.3.1. Company Overview
  - 9.4.3.2. Product Portfolio
  - 9.4.3.3. Financial Overview
  - 9.4.3.4. Business Strategies and Development
- 9.4.4. Boral limited
  - 9.4.4.1. Company Overview
  - 9.4.4.2. Product Portfolio
  - 9.4.4.3. Financial Overview
  - 9.4.4.4. Business Strategies and Development
- 9.4.5. Cerberus and Koch
  - 9.4.5.1. Company Overview
  - 9.4.5.2. Product Portfolio
  - 9.4.5.3. Financial Overview
  - 9.4.5.4. Business Strategies and Development
- 9.4.6. PABCO Building Products, LLC
  - 9.4.6.1. Company Overview
  - 9.4.6.2. Product Portfolio
  - 9.4.6.3. Financial Overview
  - 9.4.6.4. Business Strategies and Development
- 9.4.7. USG Corporation
  - 9.4.7.1. Company Overview
  - 9.4.7.2. Product Portfolio
  - 9.4.7.3. Financial Overview
  - 9.4.7.4. Business Strategies and Development
- 9.4.8. American Gypsum
  - 9.4.8.1. Company Overview
  - 9.4.8.2. Product Portfolio
  - 9.4.8.3. Financial Overview
  - 9.4.8.4. Business Strategies and Development
- 9.4.9. FEECO International, Inc.
  - 9.4.9.1. Company Overview
  - 9.4.9.2. Product Portfolio
  - 9.4.9.3. Financial Overview
  - 9.4.9.4. Business Strategies and Development
- 9.4.10. Synthetic Material LLC
  - 9.4.10.1. Company Overview
  - 9.4.10.2. Product Portfolio
  - 9.4.10.3. Financial Overview
  - 9.4.10.4. Business Strategies and Development