Synthetic Gypsum Market

Synthetic Gypsum Market Study by FGD Gypsum, Flurogypsum, Citrogypsum, and Phosphosypsum for Drywall, Cement, and Soil Amendment from 2024 to 2034

Analysis of Synthetic Gypsum Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Synthetic Gypsum Market Outlook (2024 to 2034)

The global synthetic gypsum market is estimated to reach US$ 1.67 billion in 2024, as studied and revealed in the updated industry report published by Fact.MR. Worldwide revenue from the sales of synthetic gypsum is forecasted to rise at a 3.4% CAGR and reach US$ 2.33 billion by the end of 2034.

Increasing demand for synthetic gypsum is attributed to the rising requirements for sustainable construction materials and increasing awareness about its benefits compared to natural gypsum. As a byproduct of multiple industrial procedures, synthetic gypsum is used as an eco-friendly alternative to conventional natural gypsum mining. Increasing construction activities around the world are driving demand for synthetic gypsum. It is becoming more popular as a raw material for utilization in cement production, soil amendment, and wallboard. It contains some versatile properties, including cost-effectiveness, superior quality, etc., which make it a preferred choice in the construction sector.

Implementation of stringent environmental regulations is playing a key role in synthetic gypsum market growth. With stringent emission norms, several industries are giving preference to FGD technologies to minimize sulfur dioxide emissions, which is set to contribute to expanding synthetic gypsum market size.

Advancements are taking place in waste management and recycling technologies. These innovative technologies are developed for synthetic gypsum extraction from multiple industrial byproducts, therefore expanding its source. Furthermore, rising emphasis on sustainable construction practices is generating requirements for eco-friendly construction materials. Due to sustainable sources and recyclability, synthetic gypsum aligns well with these current trends. With growing environmental concerns, the consumption of synthetic gypsum is also increasing in the construction industry.

  • Sales of synthetic gypsum in South Korea are projected to climb at a CAGR of 5% from 2024 to 2034.
  • East Asia is evaluated to account for 27.8% of the global market revenue share by 2034.
  • FGO synthetic gypsum is approximated to capture 57.8% share of the global market by the end of 2034.
Report Attribute Detail
Synthetic Gypsum Market Size (2024E) US$ 1.67 Billion
Forecasted Market Value (2034F) US$ 2.33 Billion
Global Market Growth Rate (2024 to 2034) 3.4% CAGR
Japan Market Growth Rate (2024 to 2034) 2.4% CAGR
Market Share of Cement Sector (2034F) 21.8%
East Asia Market Share (2034F) 27.8%
Key Companies Profiled PABCO Building Products LLC; USG Corporation; Georgia-Pacific Gypsum LLC; Delta Gypsum, LLC; Boral Limited; FEECO International, Inc.; National Gypsum Services Company; Knauf Gips KG; Saint-Gobain Gyproc; American Gypsum Company, LLC; Synthetic Materials.

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Which Key Factors are Contributing to Rising Consumption of Synthetic Gypsum?

“Increasing Utilization of Synthetic Gypsum in Home Interiors”

In recent years, synthetic gypsum has been consumed widely in the home interior, where the surfaces of the interior are covered with plaster, plasterboards, blocks, etc. Plasterboards are utilized for lining roofs, partitions, walls, floors, and ceilings. Synthetic gypsum’s properties enable modifications as per the requirements, including fire, impact resistance, humidity, etc.

There has been an increase in the use of synthetic gypsum as a decorative plaster to create aesthetically pleasing and effective block walls and lining of brick for ceilings and walls. Standard gypsum fiberboards provide good performance against humidity, impact resistance, and sound insulation.

“Multiple Benefits of Synthetic Gypsum”

Synthetic gypsum offers multiple environmental and economic benefits. Its production creates additional revenue, which otherwise leads to waste management. In addition, it helps in reducing environmental pollution as synthetic gypsum doesn’t land in landfills. Increasing production of synthetic gypsum is reducing the requirements for mine resources, which leads to the conservation of natural gypsum. Environment-friendly and cost-efficient features of synthetic gypsum are contributing to its growing consumption.

What Roadblock are Synthetic Gypsum Manufacturers Encountering?

“Infrastructure Challenges in Certain Potentially High-Growth Countries”

Many countries around the world face infrastructure challenges, including unreliable power supply, inadequate transportation networks, underdeveloped industrial base, etc. These infrastructure issues are making it difficult for synthetic gypsum manufacturers to establish and maintain effective production facilities.

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How are New Market Players Complementing Progress of This Business Space?

“Constant Technological Advancements for Enhancing Efficiency of FGD Systems”

New market players are significantly investing in R&D and shaping new synthetic gypsum market trends, making it an evolving and dynamic sector. One such trend is constant improvements taking place in FGD processes. Startups are investing in R&D activities to enhance the effectiveness of FGD systems, thereby resulting in the production of high-quality synthetic gypsum. These improved FGD technologies not only increase synthetic gypsum yield but also minimize emissions, ensuring its availability for multiple applications.

Country-wise Insights

As per the recently updated market study by Fact.MR, a market research and competitive intelligence provider, North America is analyzed to contribute 29.7% of the global synthetic gypsum market share by the end of 2034. Rising demand for synthetic gypsum in North America is owing to its cost-efficiency and growing infrastructural developments.

Which Aspects are Benefitting Synthetic Gypsum Manufacturers in the United States?

“Growing Consumption of Synthetic Gypsum for its Cost-efficiency”

Attribute United States
Market Value (2024E) US$ 376.4 Million
Growth Rate (2024 to 2034) 3% CAGR
Projected Value (2034F) US$ 508.2 Million

The United States is calculated to possess 73.5% share of the North American market by 2034. The country is one of the prominent traders and its by-products in the region because of its increased demand for plasterboards and drywall from the building and construction industry. Moreover, the cost-efficiency of synthetic gypsum compared to mined crude is also projected to contribute to its rising sales.

Why are Sales of Synthetic Gypsum High in China?

“Increasing Infrastructural Activities Driving Demand for Construction Materials”

Attribute China
Market Value (2024E) US$ 267.4 Million
Growth Rate (2024 to 2034) 3.3% CAGR
Projected Value (2034F) US$ 370.9 Million

China is approximated to capture a share of 57.3% of the market in East Asia by the end of 2034. Expansion of the market is due to the increasing infrastructural activities in the country. In addition, a higher developmental pace of infrastructure needs cost-effective and faster construction of buildings and similar facilities, that too without any quality compromise. Moreover, the growing number of investment projects by the government in China is generating remunerative opportunities for suppliers of synthetic gypsum.

How is the Market for Synthetic Gypsum Evolving in Japan?

“High Requirements for Synthetic Gypsum in Cement Production”

Attribute Japan
Market Value (2024E) US$ 147.1 Million
Growth Rate (2024 to 2034) 2.4% CAGR
Projected Value (2034F) US$ 186.4 Million

Japan is evaluated to contribute 28.8% share of the East Asian market by 2034-end. An expansion of the building and construction industry is contributing to the rising demand for synthetic gypsum. It is used significantly in residential construction and development. The increasing use of synthetic gypsum in cement production in Japan is also driving demand for synthetic gypsum.

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Category-wise Insights

Fact.MR in its recently updated study reveals that synthetic gypsum is becoming popular in cement production owing to its low cost and widespread availability. Therefore, various cement manufacturers are shifting to synthetic gypsum from the one sourced naturally.

Which Type of Synthetic Gypsum is Highly Preferred?

“Surging Popularity of FGD Gypsum for its Less Energy and Water Consumption Features”

Attribute FGD Gypsum
Segment Value (2024E) US$ 976.6 Million
Growth Rate (2024 to 2034) 3.3% CAGR
Projected Value (2034F) US$ 1.34 Billion

FGO gypsum is forecasted to hold a 57.8% share of global market revenue by 2034-end. Increasing demand for this synthetic gypsum type is because of its less consumption of energy and water. In addition, it also assists in preserving natural resources and avoiding landfills. FGD gypsum and natural gypsum contain the same chemical composition, which contributes to the rising use of synthetic gypsum in the majority of construction projects without causing any adverse impact on the environment and natural sources.

What is Responsible for Increased Consumption of Synthetic Gypsum in Cement Production?

“Lower Operating Costs of Synthetic Gypsum in Cement Production”

Attribute Cement
Segment Value (2024E) US$ 360 Million
Growth Rate (2024 to 2034) 3.5% CAGR
Projected Value (2034F) US$ 507.5 Million

Cement is projected to account for a share of 21.8% of global market revenue by the end of 2034. Synthetic gypsum is used as an alternative to natural gypsum in cement production. The growing consumption of synthetic gypsum is attributed to its lower operating costs. In addition, as a by-product of certain power plant activities, it is comparatively easier to get synthetic gypsum, which is further contributing to the reduced requirements for natural or mined gypsum.

Competitive Landscape

Key players in the synthetic gypsum market are incorporating various strategies, including expansions, new product developments, mergers, acquisitions, collaborations, partnerships, etc., to get a competitive edge. Management of respective supply chain systems and offering quality products are helping market players upscale their presence among respective end users.

For instance :

  • Knauf acquired USG Corporation in 2019. This acquisition is helping Knauf establish itself as one of the prominent suppliers of building materials, synthetic gypsum, positioned to match consumer requirements by leveraging the global footprints and product portfolio of USG Corporation.

Fact.MR provides detailed information about the price points of key manufacturers of synthetic gypsum positioned across the world, sales growth, production capacity, and speculative technological expansion, in the recently updated market report.

Segmentation of Synthetic Gypsum Market Research

  • By Type :

    • FGD Gypsum
    • Flurogypsum
    • Citrogypsum
    • Phosphosypsum
    • Other Types
  • By Application :

    • Drywall
    • Cement
    • Soil Amendment
    • Other Applications
  • By Region :

    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • East Asia
    • South Asia & Pacific
    • MEA

- FAQs -

How big is the synthetic gypsum market in 2024?

The global synthetic gypsum market is expected to reach US$ 1.67 billion in 2024.

What are the sales projections for synthetic gypsum for 2034?

Worldwide sales of synthetic gypsum are forecasted to reach US$ 2.33 billion by the end of 2034.

At what CAGR is the global market projected to rise from 2024 to 2034?

The global market is analyzed to advance at 3.4% CAGR from 2024 to 2034.

What is the contribution of North America to global market revenue?

North America is projected to hold 29.7% share of the global market by 2034-end.

At what rate is the demand for synthetic gypsum approximated to increase in South Korea?

Sales of synthetic gypsum in South Korea are evaluated to rise at a CAGR of 5% from 2024 to 2034.

What is the market scenario for FDG synthetic gypsum?

Global demand for FDG synthetic gypsum is calculated to increase at 3.3% CAGR and reach a market worth of US$ 1.34 billion by 2034.

Who are the leading suppliers of synthetic gypsum?

USG Corporation, Georgia-Pacific Gypsum LLC, Delta Gypsum, LLC, Boral Limited, and FEECO International, Inc. are some of the key synthetic gypsum manufacturers.

What is the difference between natural and synthetic gypsum?

Natural gypsum is quarried or mined from the ground and earth into a powder however, synthetic gypsum is manufactured by environmental control systems installed in coal-fired power plants.

Synthetic Gypsum Market

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