Synthetic Gypsum Industry: Harnessing Sustainable Growth in Construction and Agriculture with Waste-Derived Solutions
Category: Chemicals & Materials Published Date : Oct-23 ID: CVC01120 Format: PDF Pages: 300
Over the past few years, there has been a moderate upswing in the synthetic gypsum market. Anticipated factors propelling the demand for synthetic gypsum include the burgeoning construction activities in emerging economies, the rise in urban population, and the diverse applications within the agriculture sector.
Additionally, the incorporation of synthetic gypsum as a filler in the cement production process is augmenting the industry growth. This demand for synthetic gypsum is rooted in the quest for environmentally friendly and high-quality alternatives to natural gypsum, which is typically a byproduct of industrial processes.
Notably, the synthetic gypsum market has seen significant development in recent decades, especially as industry players have invested in finding synthetic methods for gypsum production from waste sources.
Escalating Construction Industry Demand
The construction sector has experienced a mounting need for synthetic gypsum. Within this industry, synthetic gypsum serves as a valuable filler material in cement and plaster, enhancing their durability while reducing concrete setting times. Furthermore, it finds application in crafting decorative panels and plaster of Paris. A specific category of synthetic gypsum known as FGD gypsum is particularly prominent in construction, being a key ingredient in cement, drywall, and plaster of Paris production. Notably, FGD gypsum’s recyclable nature makes it a favored choice among manufacturers.
The increasing demand for decorative panels, structures, and sculptures within the construction field further fuels the synthetic gypsum market demand. Moreover, many developing countries’ governments are actively prioritizing infrastructure development, and introducing regulatory reforms aimed at bolstering the real estate and construction sectors. These measures are expected to exert a positive influence on the construction industry, driving the demand for synthetic gypsum in the foreseeable future.
Growing Adoption of Gypsum Products in Residential Interior Applications
Gypsum finds extensive use in residential interior applications, where it is employed to cover interior surfaces with blocks, plasterboards, or plaster. Plasterboards, in particular, serve various purposes such as partitioning, lining roofs, ceilings, walls, and even flooring. Their inherent properties enable customization to meet specific requirements, including factors like humidity, fire resistance, and impact resilience.
Gypsum fiberboards are utilized as decorative plaster, effectively enhancing the aesthetics of brick and block walls, and as a building plaster for wall and ceiling finishes. Standard gypsum fiberboards excel in areas such as sound insulation, impact resistance, and resistance to humidity.
The Myriad Product Advantages to Propel Synthetic Gypsum Market Growth
Synthetic gypsum offers a multitude of economic and environmental advantages. From an economic perspective, the production of synthetic gypsum generates additional revenue streams, effectively mitigating potential waste management costs. The material mitigates environmental pollution by diverting valuable by-products away from landfills.
Furthermore, the increased production of synthetic gypsum reduces the necessity to extract natural resources, contributing to the preservation of natural gypsum reserves. When compared to other natural gypsum products, synthetic gypsum stands out for its cost-efficiency and reduced environmental footprint.
Potential Impediments to Gypsum Market Growth Due to Substitute Availability
Within the construction industry, gypsum faces competition from various substitutes that could potentially impede the expansion of the gypsum market.For applications like stucco and plaster, alternatives such as cement and lime can replace gypsum. Similarly, wallboard can be substituted with materials like brick, glass, metal, plastic panels, or wood.
It’s worth noting that when it comes to the production of Portland cement, gypsum remains irreplaceable. Synthetic gypsum, generated through diverse industrial processes, including the flue gas desulfurization (FGD) of smokestack emissions, plays a crucial role as a substitute for naturally mined gypsum in wallboard manufacturing, cement production, and various other applications. The increasing availability of substitutes for synthetic gypsum may pose limitations on the growth of the gypsum market in the foreseeable future.
Continuous dedication to research and development is poised to yield a new wave of sophisticated gypsum-based products, broadening the horizons of the market. These innovations hold the potential to revolutionize the industry and drive expansion.
The construction upsurge in emerging economies unfolds significant prospects for synthetic gypsum producers. With burgeoning construction activities, these markets offer substantial room for growth, making them prime targets for market expansion efforts.
Persistent commitments to recycling and waste reduction endeavors are set to stimulate greater utilization of synthetic gypsum. This eco-friendly approach not only aligns with sustainability goals but also encourages the wider adoption of synthetic gypsum, further fueling its growth.
Cultivating the Popularity of Synthetic Gypsum in Drywall Applications
Among the various application areas, the synthetic gypsum market is segregated into drywall, cement, soil amendment, and other uses. Notably, the drywall category takes the lead with the largest market share, accounting for 38.5%.
Forecasts indicate a steady growth trajectory for this segment, characterized by a respectable Compound Annual Growth Rate (CAGR) during the assessment period.
The integration of synthetic gypsum into drywall production significantly contributes to the creation of more energy-efficient and environmentally friendly products. An encouraging trend is that over 50% of drywall manufacturing facilities have transitioned to using synthetic gypsum and have adopted the practice of incorporating recycled materials into their production processes. This transition fosters greater utilization and promotes sustainability in the drywall sector.
The Economic Advantage of Flue Gas Desulfurized Gypsum Opening Doors to Fresh Growth Prospects
One of the most prominent segments within the synthetic gypsum market is expected to be FGD gypsum. As environmental regulations continue to tighten, there is a notable surge in demand for FGD gypsum as a sustainable substitute for natural gypsum, particularly in the construction and manufacturing sectors.
The flue gas desulfurized gypsum, a specific type of synthetic gypsum, finds favor in various production processes for construction materials like Portland cement and plaster, among others. Its ease of production and cost-effectiveness have propelled the flue gas desulfurized gypsum variant to the forefront, accumulating the highest BPS points when compared to other synthetic gypsum product types.
Synthetic gypsum, with a primary focus on flue gas-desulfurized gypsum, holds a commanding market share, surpassing 90%. This rapid growth trajectory suggests that natural gypsum may be largely supplanted within a relatively short span.
North America’s Dominance in the Synthetic Gypsum Market Driven by Research and Sustainable Materials Focus
In the regional context, North America has emerged as a highly lucrative market for synthetic gypsum, and the region is projected to get hold of 26.1% market share on the global level by 2033.
The pursuit of novel revenue streams is underscored by extensive research aimed at enhancing the manufacturing processes of synthetic gypsum, particularly with advancements in FGD production. Manufacturers are increasingly dedicated to meeting end-user demands by offering materials with higher purity specifications and significantly reduced trace metal content.
Additionally, the growing emphasis on environmentally friendly construction materials has elevated the revenue potential, especially within the United States. Notably, a substantial number of synthetic gypsum manufacturers are based in the U.S., contributing to the regional market’s revenue prospects.
The United States, as the world’s second-largest gypsum producer following China, plays a pivotal role in the industry. In 2020, the United States was estimated to have mined approximately 22 million tons of gypsum, as reported by World Mining Data. Drywall and plasterboards are commonly used for interior space division in the U.S., making the country the world’s leading consumer of these products. The country’s abundant gypsum reserves and significant by-product production position it as a key player in the global market.
Government Investments and Population Growth Fuel Construction Boom in Asia-Pacific
The Asia-Pacific region is currently witnessing a significant surge in construction activity, primarily attributed to substantial government investments in infrastructure and construction development. Furthermore, the burgeoning population in countries like China and India is poised to drive an increase in per capita construction spending. Notably, the Indian government, in its Union Budget for 2019-2020, allocated a substantial $1.4 trillion towards infrastructure projects, encompassing transport, railways, energy, power generation, and more. These substantial investments in infrastructure development have the potential to catalyze growth within the construction industry, consequently leading to a positive impact on the synthetic gypsum market.
Various nations have been dedicating substantial investments to research, process optimization, and the adoption of cutting-edge gypsum processing technology, aiming to establish a competitive advantage. Within the synthetic gypsum market, numerous industry participants provide value-added solutions to meet the evolving needs of end users. In the construction sector, gypsum boards have gained significant popularity over the years, owing to their attributes such as fire resistance, easy installation, non-toxicity, and impressive sound insulation capabilities.
Leading gypsum manufacturers are strategically expanding by setting up new production facilities, thereby augmenting their manufacturing capacities and expanding their distribution networks, to broaden their customer base.In the synthetic gypsum industry, prominent companies include National Gypsum Company, Knauf Gips KG, Continental Building Products, FEECO International, Delta Gypsum, and Synthetic Materials LLC.
Recent Developments in the Industry:
1.1. Global Market Outlook
1.2. Technology Roadmap
1.3. Supply and Demand Side Trends
1.4. Strategic Success Factors
1.5. Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definitions
2.3. Inclusions & Limitations
3.1. Supply Side Overview
3.2. Demand Side Overview
4.1. Macroeconomic Factors
4.2. Forecast Factors
4.3. PEST Analysis
4.4. Porter’s Five Forces
4.5. Value Chain Analysis
4.6. Market Dynamics
4.7. Patent Analysis
4.8. Trade Analysis
4.9. Investment Feasibility Matrix
4.10. Challenges for New Entrants
4.11. Regulations Overview
4.12. Covid-19 Impact Assessment
4.12.1. Economy/Cluster Projections
4.12.2. Covid-19 Economic Assessment
4.12.3. Potential Impact on Target Market
4.12.4. Recovery Scenario
5.1. Historical Value ($ Mn) and Future Market Value ($ Mn) Projection Analysis
5.2. Demand Y-o-Y Growth Rate Analysis
5.3. Total $ Opportunity Analysis
5.4. Historical Volume (Tons) and Future Market Volume (Tons) Projection Analysis
6.1. Regional Pricing Analysis By Type
6.2. Regional Price Forecast
6.3. Profit Margin Analysis
6.4. Future Price Impact Factors
7.2. Market Trends
7.3. Historical Market Analysis and Market Forecast Analysis
7.3.1. Flue Gas Desulfurization Gypsum
7.4. Market Attractiveness Analysis
8.2. Market Trends
8.3. Historical Market Analysis and Market Forecast Analysis
8.3.4. Soil Amendments
8.4. Market Attractiveness Analysis
9.2. Market Trends
9.3. Historical Market Analysis and Market Forecast Analysis
9.3.1. North America
9.3.2. Latin America
9.3.4. East Asia
9.3.5. South Asia & Oceania
9.3.6. Middle East & Africa
9.4. Market Attractiveness Analysis by Region
10.2. Key Market Trends
10.3. Pricing Analysis
10.4. Historical Market Analysis and Market Forecast Analysis
10.4.1. By Country
10.4.1.1. The U.S.
10.4.2. By Type
10.4.3. By Application
10.5. Market Attractiveness Analysis
10.5.1. By Country
10.5.2. By Type
10.5.3. By Application
10.6. Market Participants Presence Mapping
11.2. Key Market Trends
11.3. Pricing Analysis
11.4. Historical Market Analysis and Market Forecast Analysis
11.4.1. By Country
18.104.22.168. Rest of L.A.
11.4.2. By Type
11.4.3. By Application
11.5. Market Attractiveness Analysis
11.5.1. By Country
11.5.2. By Type
11.5.3. By Application
11.6. Market Participants Presence Mapping
12.2. Key Market Trends
12.3. Pricing Analysis
12.4. Historical Market Analysis and Market Forecast Analysis
12.4.1. By Country
22.214.171.124. Rest of Europe
12.4.2. By Type
12.4.3. By Application
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Type
12.5.3. By Application
12.6. Market Participants Presence Mapping
13.2. Key Market Trends
13.3. Pricing Analysis
13.4. Historical Market Analysis and Market Forecast Analysis
13.4.1. By Country
126.96.36.199. South Korea
13.4.2. By Type
13.4.3. By Application
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Type
13.5.3. By Application
13.6. Market Participants Presence Mapping
14.2. Key Market Trends
14.3. Pricing Analysis
14.4. Historical Market Analysis and Market Forecast Analysis
14.4.1. By Country
188.8.131.52. Rest of SAO
14.4.2. By Type
14.4.3. By Application
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Type
14.5.3. By Application
14.6. Market Participants Presence Mapping
15.2. Key Market Trends
15.3. Pricing Analysis
15.4. Historical Market Analysis and Market Forecast Analysis
15.4.1. By Country
184.108.40.206. GCC Countries
220.127.116.11. South Africa
18.104.22.168. Rest of MEA
15.4.2. By Type
15.4.3. By Application
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Type
15.5.3. By Application
15.6. Market Participants Presence Mapping
16.1. Market Concentration Analysis
16.2. Tier Structure Breakdown
16.3. Market Share Analysis
16.4. Production Capacity Analysis
16.5. Key Strategies Adopted by Top Players
16.6. Start-up Ecosystem
16.6.1. New Player Entry
16.6.2. Strategies Adopted by New Players
16.7. Company Footprint Analysis
16.7.1. Vehicle Type Footprint
16.7.2. Regional Footprint
16.8. Competitive Dashboard
17.1. United States Gypsum Co
17.2. PABCO® Gypsum
17.3. LafargeHolcim Maroc
17.4. Delta Gypsum
17.5. Georgia-Pacific LLC
17.6. Synthetic Materials
17.7. BRITISH GYPSUM LIMITED
17.8. National Gypsum Company
17.9. Libyan American Gypsum Company
17.10. Constantia Building Products AG