Synthetic Gypsum Market Size Worth USD 1,895.08 Million by 2032 | CAGR: 4.2%

The global synthetic gypsum market size is expected to reach USD 1,895.08 million by 2032, according to a new study by Polaris Market Research. The report “Synthetic Gypsum  Market Size, Share, Trends, Industry Analysis Report: By Type [Flue Gas Desulfurization (FGD) Gypsum, Fluorogypsum, Phosphogypsum, Titanogypsum, and Others], Application, End-User Industry, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2024–2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The increasing urbanization across the globe drives the synthetic gypsum market. Construction projects, including residential, commercial, and infrastructure improvements, increase with urbanization. For these construction projects, drywall and plaster goods are necessary, and one of its main ingredients is synthetic gypsum. Consequently, there is a growing need for synthetic gypsum as more buildings are constructed.

The rising adoption of synthetic gypsum in the agriculture sector is propelling the synthetic gypsum market. The benefits of synthetic gypsum in improving the health and structure of soil have drawn attention from the agricultural community. It increases soil tilth by loosening up compacted layers, which promotes root development and water infiltration, increasing crop yields and preserving soil fertility. This promotes the use of synthetic gypsum in farming methods, which in turn, propels the demand for artificial or synthetic gypsums.

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The growth of the synthetic gypsum market is being fueled by increasing investments in research and development activities. Investments in R&D frequently result in the creation of novel and enhanced synthetic gypsum compositions. Innovations improve synthetic gypsum's performance attributes, such as its resilience to fire, longevity, and application simplicity. As a result, the demand for synthetic gypsum is rising across a number of industries, including the construction sector.

Synthetic Gypsum  Market Report Highlights

• The flue gas desulfurization (FGD) gypsum segment, by type, dominated the market and is expected to experience substantial growth during the forecast period due to the regulatory push for reduced sulfur dioxide emissions, leading to increased implementation of FGD systems. Additionally, the suitability of synthetic gypsum for various building applications and its lower environmental impact compared to natural gypsum are expanding its adoption among end-user industries.
• In terms of application, the cement segment dominated the synthetic gypsum market in 2023 owing to the increasing demand for infrastructure development and residential construction. Furthermore, stringent environmental regulations encouraged cement producers to utilize by-products such as synthetic gypsum.
• In the global synthetic gypsum market, North America holds the largest revenue share due to the advanced infrastructure development, coupled with stringent environmental regulations that encourage the use of by-products from flue-gas desulfurization processes such as synthetic gypsum.
• Knauf Group; HOLCIM; Saint-Gobain S.A.; National Gypsum Services Company; James Hardie Industries plc.; Georgia-Pacific; Etex Group; Synthetic Materials; YOSHINO GYPSUM CO., LTD; American Gypsum Company, LLC; Beneficial Reuse Management are among the global key market players.

Polaris Market Research has segmented the synthetic gypsum  market report on the basis of type, application, end-user industry, and region:

By Type Outlook (Revenue – USD Million, 2019–2032)

• Flue Gas Desulfurization (FGD) Gypsum
• Fluorogypsum
• Phosphogypsum
• Titanogypsum
• Others

By Application Outlook (Revenue – USD Million, 2019–2032)

• Cement
• Gypsum Board
• Soil Amendments
• Dental
• Other

By End-User Industry Outlook (Revenue – USD Million, 2019–2032)

• Construction Industry
• Agriculture Industry
• Other

By Regional Outlook (Revenue – USD Million, 2019–2032)

• North America

• US
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Australia
• Rest of APAC

• Latin America

• Argentina
• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of MEA

Synthetic Gypsum Report Scope