The analysts forecast the global synthetic gypsum market to grow at a CAGR of 4.75% during the period 2018-2022.
Synthetic gypsum is a sulfate material that is produced as a by-product of various production processes. It is mostly produced as a by-product during the scrubbing process at coal-fired power plants. The different types of synthetic gypsum include FGD gypsum, phosphogypsum, and others.
The report covers the present scenario and the growth prospects of the global synthetic gypsum market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
One trend in the market is increasing adoption of alternatives. At present, most drywalls are made of synthetic gypsum. In North America, synthetic gypsum forms a significant portion of gypsum used in drywall manufacturing. Drywalls made of synthetic gypsum also have some disadvantages, particularly impacting human health.
One driver in the market is regulations in coal-fired power plants. Coal-fired power plants are directly linked to the production of synthetic gypsum and the regulations involved in reducing pollution caused by these plants will drive the market for synthetic gypsum during the forecast period.
The report states that one challenge in the market is availability of inexpensive natural gas. Natural gas is expected to become one of the most important sources of electricity generation, thereby lowering the share of coal-fired power plants. In certain economies, natural gas has already become the primary source of power.
- Knauf Gips
- National Gypsum
- PABCO Gypsum
Key Topics Covered:
01. Executive Summary
02. Scope Of The Report
03. Research Methodology
04. Market Landscape
05. Market Sizing
06. Five Forces Analysis
07. Market Segmentation By Product
08. Market Segmentation By Application
09. Customer Landscape
10. Regional Landscape
11. Decision Framework
12. Drivers And Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/nnl27b/global_synthetic?w=4.