Product Code: PM5070
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.
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
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Synthetic Gypsum Market Insights
- 4.1. Synthetic Gypsum Market - Market Snapshot
- 4.2. Synthetic Gypsum Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising per capita income is driving the market growth.
- 4.2.1.2. Increasing adoption in the agriculture sector propels the market,
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Rising availability of a substitute Type and complex material handling process associated with synthetic gypsum is hindering market growth.
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Synthetic Gypsum Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Synthetic Gypsum Market by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 5.3. Flue Gas Desulfurization (FGD) Gypsum
- 5.3.1. Global Synthetic Gypsum Market, by Flue Gas Desulfurization (FGD) Gypsum, by Region, 2019-2032 (USD million)
- 5.4. Fluorogypsum
- 5.4.1. Global Synthetic Gypsum Market, by Fluorogypsum, by Region, 2019-2032 (USD million)
- 5.5. Phosphogypsum
- 5.5.1. Global Synthetic Gypsum Market, by Phosphogypsum, by Region, 2019-2032 (USD million)
- 5.6. Titanogypsum
- 5.6.1. Global Synthetic Gypsum Market, by Titanogypsum, by Region, 2019-2032 (USD million)
- 5.7. Other
- 5.7.1. Global Synthetic Gypsum Market, by Other, by Region, 2019-2032 (USD million)
6. Global Synthetic Gypsum Market by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 6.3. Cement
- 6.3.1. Global Synthetic Gypsum Market, by Cement, by Region, 2019-2032 (USD million)
- 6.4. Gypsum Board
- 6.4.1. Global Synthetic Gypsum Market, by Gypsum Board, by Region, 2019-2032 (USD million)
- 6.5. Soil Amendments
- 6.5.1. Global Synthetic Gypsum Market, by Soil Amendments, by Region, 2019-2032 (USD million)
- 6.6. Dental
- 6.6.1. Global Synthetic Gypsum Market, by Dental, by Region, 2019-2032 (USD million)
- 6.7. Other
- 6.7.1. Global Synthetic Gypsum Market, by Other, by Region, 2019-2032 (USD million)
7. Global Synthetic Gypsum Market by End-user Industry
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 7.3. Construction Industry
- 7.3.1. Global Synthetic Gypsum Market, by Construction Industry, by Region, 2019-2032 (USD million)
- 7.4. Agriculture Industry
- 7.4.1. Global Synthetic Gypsum Market, by Agriculture Industry, by Region, 2019-2032 (USD million)
- 7.5. Other
- 7.5.1. Global Synthetic Gypsum Market, by Other, by Region, 2019-2032 (USD million)
8. Global Synthetic Gypsum Market, by Geography
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Synthetic Gypsum Market Assessment, By Geography, 2019-2032 (USD million)
- 8.3. Synthetic Gypsum Market - North America
- 8.3.1. North America: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.3.2. North America: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.3.3. North America: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.3.4. Synthetic Gypsum Market - U.S.
- 8.3.4.1. U.S.: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.3.4.2. U.S.: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.3.4.3. U.S.: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.3.5. Synthetic Gypsum Market - Canada
- 8.3.5.1. Canada: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.3.5.2. Canada: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.3.5.3. Canada: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.4. Synthetic Gypsum Market - Europe
- 8.4.1. Europe: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.4.2. Europe: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.4.3. Europe: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.4.4. Synthetic Gypsum Market - UK
- 8.4.4.1. UK: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.4.4.2. UK: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.4.4.3. UK: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.4.5. Synthetic Gypsum Market - France
- 8.4.5.1. France: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.4.5.2. France: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.4.5.3. France: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.4.6. Synthetic Gypsum Market - Germany
- 8.4.6.1. Germany: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.4.6.2. Germany: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.4.6.3. Germany: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.4.7. Synthetic Gypsum Market - Italy
- 8.4.7.1. Italy: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.4.7.2. Italy: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.4.7.3. Italy: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.4.8. Synthetic Gypsum Market - Spain
- 8.4.8.1. Spain: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.4.8.2. Spain: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.4.8.3. Spain: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.4.9. Synthetic Gypsum Market - Netherlands
- 8.4.9.1. Netherlands: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.4.9.2. Netherlands: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.4.9.3. Netherlands: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.4.10. Synthetic Gypsum Market - Russia
- 8.4.10.1. Russia: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.4.10.2. Russia: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.4.10.3. Russia: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.4.11. Synthetic Gypsum Market - Rest of Europe
- 8.4.11.1. Rest of Europe: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.4.11.2. Rest of Europe: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.4.11.3. Rest of Europe: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.5. Synthetic Gypsum Market - Asia Pacific
- 8.5.1. Asia Pacific: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.5.2. Asia Pacific: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.5.3. Asia Pacific: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.5.4. Synthetic Gypsum Market - China
- 8.5.4.1. China: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.5.4.2. China: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.5.4.3. China: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.5.5. Synthetic Gypsum Market - India
- 8.5.5.1. India: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.5.5.2. India: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.5.5.3. India: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.5.6. Synthetic Gypsum Market - Malaysia
- 8.5.6.1. Malaysia: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.5.6.2. Malaysia: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.5.6.3. Malaysia: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.5.7. Synthetic Gypsum Market - Japan
- 8.5.7.1. Japan: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.5.7.2. Japan: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.5.7.3. Japan: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.5.8. Synthetic Gypsum Market - Indonesia
- 8.5.8.1. Indonesia: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.5.8.2. Indonesia: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.5.8.3. Indonesia: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.5.9. Synthetic Gypsum Market - South Korea
- 8.5.9.1. South Korea: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.5.9.2. South Korea: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.5.9.3. South Korea: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.5.10. Synthetic Gypsum Market - Australia
- 8.5.10.1. Australia: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.5.10.2. Australia: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.5.10.3. Australia: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.5.11. Synthetic Gypsum Market - Rest of Asia Pacific
- 8.5.11.1. Rest of Asia Pacific: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.5.11.2. Rest of Asia Pacific: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.5.11.3. Rest of Asia Pacific: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.6. Synthetic Gypsum Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.6.2. Middle East & Africa: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.6.3. Middle East & Africa: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.6.4. Synthetic Gypsum Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.6.4.2. Saudi Arabia: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.6.4.3. Saudi Arabia: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.6.5. Synthetic Gypsum Market - UAE
- 8.6.5.1. UAE: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.6.5.2. UAE: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.6.5.3. UAE: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.6.6. Synthetic Gypsum Market - Israel
- 8.6.6.1. Israel: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.6.6.2. Israel: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.6.6.3. Israel: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.6.7. Synthetic Gypsum Market - South Africa
- 8.6.7.1. South Africa: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.6.7.2. South Africa: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.6.7.3. South Africa: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.6.8. Synthetic Gypsum Market - Rest of Middle East & Africa
- 8.6.8.1. Rest of Middle East & Africa: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.6.8.2. Rest of Middle East & Africa: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.6.8.3. Rest of Middle East & Africa: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.7. Synthetic Gypsum Market - Latin America
- 8.7.1. Latin America: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.7.2. Latin America: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.7.3. Latin America: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.7.4. Synthetic Gypsum Market - Mexico
- 8.7.4.1. Mexico: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.7.4.2. Mexico: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.7.4.3. Mexico: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.7.5. Synthetic Gypsum Market - Brazil
- 8.7.5.1. Brazil: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.7.5.2. Brazil: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.7.5.3. Brazil: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.7.6. Synthetic Gypsum Market - Argentina
- 8.7.6.1. Argentina: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.7.6.2. Argentina: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.7.6.3. Argentina: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
- 8.7.7. Synthetic Gypsum Market - Rest of Latin America
- 8.7.7.1. Rest of Latin America: Synthetic Gypsum Market, by Type, 2019-2032 (USD million)
- 8.7.7.2. Rest of Latin America: Synthetic Gypsum Market, by Application, 2019-2032 (USD million)
- 8.7.7.3. Rest of Latin America: Synthetic Gypsum Market, by End-user Industry, 2019-2032 (USD million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Knauf Gr
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Type Benchmarking
- 10.1.4. Recent Development
- 10.2. HOLCIM
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Type Benchmarking
- 10.2.4. Recent Development
- 10.3. Saint-Gobain S.A.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Type Benchmarking
- 10.3.4. Recent Development
- 10.4. National Gypsum Services Company
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Type Benchmarking
- 10.4.4. Recent Development
- 10.5. James Hardie Industries plc
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Type Benchmarking
- 10.5.4. Recent Development
- 10.6. Georgia-Pacific
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Type Benchmarking
- 10.6.4. Recent Development
- 10.7. Etex Group
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Type Benchmarking
- 10.7.4. Recent Development
- 10.8. HumanCells Bio
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Type Benchmarking
- 10.8.4. Recent Development
- 10.9. Synthetic Materials
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Type Benchmarking
- 10.9.4. Recent Development
- 10.10. YOSHINO GYPSUM CO., LTD,
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Type Benchmarking
- 10.10.4. Recent Development
- 10.11. American Gypsum Company, LLC
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Type Benchmarking
- 10.11.4. Recent Development
- 10.12. Beneficial Reuse Management
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Type Benchmarking
- 10.12.4. Recent Development