PUBLISHER: Grand View Research | PRODUCT CODE: 1790056
PUBLISHER: Grand View Research | PRODUCT CODE: 1790056
Synthetic Gypsum Market Summary
The global synthetic gypsum market size was estimated at USD 2.06 billion in 2024, and is projected to reach USD 2.59 billion by 2030, growing at a CAGR of 4.1% from 2025 to 2030, driven by the exponential growth in construction activities across the globe, owing to improving financial conditions and rapid industrialization. In addition, the governments of both developing and developed countries are emphasizing infrastructure development, which is further driving product demand.
Expansion of urban infrastructure is further encouraging the use of eco-friendly and advanced construction materials. All such factors are promoting the growth of synthetic gypsum industry. Synthetic gypsum, also known as artificial gypsum, is derived from various industrial by-products. It is composed of calcium sulfate dihydrate and possesses the same characteristics as natural gypsum. Synthetic gypsum is used in the construction sector for various applications, including plasters, cement, and drywall. The limited resources and depleting reserves of natural gypsum across countries are propelling the production of synthetic gypsum to meet growing demand. In addition, synthetic gypsum is an energy-efficient product used to insulate buildings and reduce the overall energy consumption of structures. Synthetic gypsum also offers better insulation properties by absorbing noise and sound. The growing emphasis on the construction of green and energy-efficient buildings is boosting the growth of the synthetic gypsum industry.
Technological advancements in synthetic gypsum production have improved its quality and efficiency, making it more viable for various applications. Synthetic gypsum's ability to enhance agricultural productivity is boosting its adoption in sustainable farming practices. Rich in sulfur, synthetic gypsum is an ideal source of plant nutrition and is also used to improve soil structure and aggregation and reduce dispersion in the soil. Innovations, such as enhanced purification and processing methods, are expanding synthetic gypsum's use in construction and agriculture. The rising demand for soil amendments, due to the need for improved soil structure and nutrient availability, is further driving market growth.
Global Synthetic Gypsum Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global synthetic gypsum market report based on product type, application, and region: