PUBLISHER: Grand View Research | PRODUCT CODE: 1751620
PUBLISHER: Grand View Research | PRODUCT CODE: 1751620
The global calcium sulfate market size is anticipated to reach USD 7,880.8 million by 2030 and is expected to expand at a CAGR of 13.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is primarily driven by its widespread use in construction, particularly in producing drywall (gypsum boards) and plaster. Growing urbanization and infrastructure development across emerging economies fuel demand for these materials. In addition, calcium sulfate's role as a soil conditioner in agriculture and as a pharmaceutical excipient is expanding its application scope. Its low cost and non-toxic nature further enhance its industrial adoption.
The industrial segment dominated the market with a revenue share of 39.9% in 2024, during the forecast period. This segment is driven by its drying agent, desiccant, and filler use in various manufacturing processes, including cement, ceramics, and paints. Its high thermal stability and low reactivity make it ideal for moisture control and formulation stability. Increasing demand from the construction and chemical processing industries continues to boost its utilization.
The Asia Pacific application segment in the market is driven by rapid growth in construction, agriculture, and industrial manufacturing across countries like China, India, and Southeast Asia. Rising infrastructure investments and urban housing projects are fueling demand for gypsum-based products. Moreover, expanding food and pharmaceutical sectors are increasing the need for food-grade and medical-grade calcium sulfate. Some of the prominent market players include GFS Chemicals, Inc., GLC Minerals, LLC, Merck KGaA, Spectrum Chemical, Saint-Gobain, Honeywell International Inc., GMCI, JONOUB Gypsum, SOLVAY, and JUNSEI Chemical Co., Ltd.