Calcium Sulphate Market - Forecasts from 2019 to 2024
Calcium sulphate is the inorganic substance with chemical formula CaS04, also known as plaster of Paris or gypsum, and is used mainly for manufacturing cement, soil conditioning and moisture indicator. They are also increasingly being used in the pharmaceutical and agriculture industry. The demand for calcium sulphates is on the rise with the increasing use of plaster of Paris in building materials due to its quick setting characteristic. Moreover, the increased investment in the construction industry will further propel the market growth. In addition, the usage of calcium sulphate in agriculture as a soil conditioner, and in the food and beverage industry will contribute to additional demand for calcium sulphate during the forecast period. The global calcium sulphate market is expected to reach US$XX.XX billion by 2025 with CAGR of XX.XX%. The current size of the global calcium sulphate market is US$XX.XX billion in 2018.
By end-user, the calcium sulphate market is segmented into pharmaceuticals & healthcare, construction, agriculture, food and beverages, chemicals, and others. Pharmaceuticals and healthcare industry will see a substantial growth due to higher usage of calcium sulphate in inactive tablet excipient, colour glazing and as a binding agent. Moreover, the construction industry is projected to hold steady market share owing to rising usage of calcium sulphate in the building and construction industry as cement, floor screeds and ceramics.
By geography, the calcium sulphate market is segmented into North America, South America, Middle Asia and Africa, Europe and the Asia Pacific. Asia Pacific region is expected to show significant growth during the forecast period owing to rapid industrialization and the presence of natural gypsum reservoirs. The rising usage of calcium sulphate in the chemical industry as colourants, coating agent in paper, drying agent and the anti-caking agent is further fueling its demand in the region. Furthermore, the market will escalate owing to the growing urbanization and construction in budding economies of the region. Additionally, North America holds a substantial share in the calcium sulphate market due to its large pharmaceuticals and manufacturing industries.
Finally, this section describes key players operating in the calcium sulphate market and their financials, products and services, recent developments and marketing strategy to increase market share. Some important global players in calcium sulphate market are Spectrum Chemical Manufacturing Corp., USG Corporation, Saint-Gobain S.A., and American Gypsum Co LLC, among others.
The Calcium Sulphate Market has been analyzed through the following segments:
By Form type
Pharmaceuticals & Healthcare
Food & Beverages
United States of America
Middle East and Africa
United Arab Emirates
Key insights offered
What will be the global calcium sulphate market size from 2019 to 2024?
How are the major drivers and restraints affecting the global calcium sulphate market?
Calcium Sulphate market growth and the opportunities which exist for key vendors?
Which segment and region will lead the calcium sulphate market growth and why?
A comprehensive analysis of the competitive landscape and key market participants’ behaviour in the global calcium sulphate market.
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth for the calcium sulphate.
Spectrum Chemical Manufacturing Corp.
American Gypsum Co LLC
Jonoub Gypsum Co
GFS Chemicals Inc
Hebei Xingtai Shuanghua Gypsum Products Co., Ltd.
Diamond K Gypsum Company
ACG Materials, LLC