Global Gypsum Market will register a 4.7% CAGR in terms of revenue, the global market size will reach $ 17360 million by 2027, from $ 14450 million in 2021.
Gypsum is an evaporite mineral found in layered sedimentary deposits with other minerals such as halite, anhydrite, sulphur, calcite, and dolomite. Anhydrite (CaSO4.2H2O) and Gypsum (CaSO4.2H2O) are highly similar minerals (CaSO4). The chemical distinction between gypsum and anhydrite is that gypsum includes two fluids while anhydrite does not. The most common sulphate mineral is gypsum.
Gypsum, which is white or grey in colour, can be ground into a fine powder and boiled to eliminate the majority of its moisture, which is known as calcination. Adding water to this powder forms a malleable substance that can be moulded into a shape and will harden to hold that shape, or it may be mixed with other materials to bind them together.Gypsum is a calcium sulphate dihydrate-based soft sulphate mineral. It is mined around the globe and has a variety of applications, including fertilizer, construction material, architectural and sculpture applications, as well as pharmaceutical and food additive applications.
Industry Updates:
Gypsum Market is segmented based on the type, applications, companies and regions.
Market Volume (%) By Type, it is segmented into
Market Volume (%) By Applications it is segmented into
The gypsum market in the United States is predicted to rise by 4.9% year over year, defying initial concerns about how the sector might fare in the event of a global pandemic. The entire demand for gypsum in North America is estimated to exceed 48 million tonnes. Following China, the United States is the second largest producer of gypsum. According to global mining data, the country's entire crude gypsum production was estimated at 22 million tonnes in 2020. The demand for drywall and plasterboards in the United States is strong, making the country a major trader of gypsum and its bi-products.
India has huge growth potential considering the remarkably increasing demand for housing, and rise in total number of people investing in housing units. The gypsum industry in India is expected to exhibit a CAGR of 5.8% during the forecast period.
China is estimated to remain a key manufacturer and consumer of gypsum, accounting for about 78% of the overall gypsum consumption in East Asia in 2021. Extraordinary presence of end users in the country makes China a lucrative market for gypsum manufacturers.
China is predicted to be the leading producer of CaSO4, followed by the United States, Iran, and Turkey, according to global mining data. In 2020, China's total natural gypsum production is estimated to reach 25 million tons.
All these factors greatly affect the Gypsum market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The Gypsum Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Gypsum Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
The report includes in-depth assessment of the competitive landscape, product market sizing (Value and Volume), product benchmarking, market trends, product developments, financial analysis, strategic analysis and many more to measure the impact forces and potential opportunities of the market. As well as this the report also includes a study of major developments in the market like product launches, agreements, acquisitions, collaborations, mergers and many more to comprehend the prevailing market dynamics at current and its impact in the forecast period 2012-2027.
Report Attributes
| Report Details |
Forecast Period 2022 to 2027 CAGR (Value and Volume) |
CAGR of 4.7% during the review period (2022 to 2027). |
Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022) |
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Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022) |
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Quantitative units | Revenue in USD million/billion and CAGR from 2022 to 2027 |
By Companies | Knauf N & B & Cie, Saint-Gobain, Siniat N.V., Cantillana NV/SA, Promonta N.V. |
Regions Covered |
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
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2022 to 2027 |
Customization Available
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Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Gypsum Market is studied from 2017 - 2027.
What is the growth rate of Gypsum Market?
The Gypsum Market is growing at a CAGR of 4.7% over the next 5 years.
Who are the key players in Gypsum Market?
Knauf N & B & Cie, Saint-Gobain, Siniat N.V., Cantillana NV/SA, Promonta N.V.
What region does this Gypsum Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Gypsum Market?
Plasterboard, Plaster Block, Gypsum Fibreboard, Decorative Plaster, Others
What are the major end-use applications of Gypsum Market?
Partitions and the Lining of Walls, Ceilings, Roofs, Floors, Others.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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