Market Overview:
The Calcium Sulfate Market size is estimated to reach $3.5 billion by 2030, growing at a CAGR of 4.8% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Calcium Sulfate Market – By Form Type (Anhydrous and Hydrated), By Grade (Technical Grade, Food & Pharma Grade and Others), By Function (Coagulant, Thickening Agent, Excipient, Desiccant, Additive, Intermediate, Colorants, Coating Agent, Drying Agent, Anti-Caking Agent and Others), By End User Industry (Food & Beverages, Cosmetic & Personal Care, Pulp & Paper, Building & Construction (Residential, Commercial, Industrial, Infrastructure), Chemical & Petrochemical, Pharmaceutical & Healthcare, Agriculture, Mining and Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2030”.
Asia Pacific Dominated the Market in 2023:
Asia Pacific held the largest share of about 43% in the Calcium Sulfate Market in 2023, the region's rapid industrialization and economic development have led to a surge in demand for calcium sulfate in various applications, including construction, agriculture, and manufacturing. Additionally, the growing population and urbanization in the Asia Pacific region have fueled the demand for housing and infrastructure development, which require substantial amounts of gypsum plaster, a major application of calcium sulfate. The region's abundant natural resources and competitive production costs have also made it an attractive location for calcium sulfate manufacturing and processing. Furthermore, the increasing focus on sustainable development and environmental protection in the Asia Pacific region has driven the demand for calcium sulfate as a relatively environmentally friendly alternative to other chemicals which further solidifies its position as a dominant region in the global Calcium Sulfates market.
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Scope of the Report:
Recent Developments:
- Calcium sulfate is being increasingly used in the healthcare sector, especially as a bone graft material in orthopedic and dental procedures. Recent advancements in the biocompatibility of calcium sulfate-based products are boosting its adoption in medical applications.
- The construction sector has seen a significant rise in the use of calcium sulfate, particularly gypsum-based products such as drywall and plaster. This growth is largely driven by increased infrastructure development in emerging economies and a surge in residential and commercial construction.
- Advances in calcium sulfate extraction and processing technologies have improved product purity and reduced production costs. This has made high-quality calcium sulfate more accessible for various industries.
Calcium Sulfate Market: Competitive Landscape
Key companies profiled in the Calcium Sulfate Market are:
1. LafargeHolcim Ltd.
2. Knauf
3. American Gypsum
4. National Gypsum Company
5. Saint-Gobain Group
6. Carmeuse
7. Graymont Limited
8. Mississippi Lime Company
9. Honeywell International Inc.
10. MAPEI and others
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