GITNUX MARKETDATA REPORT 2024

Synthetic Gypsum Industry Statistics

The Synthetic Gypsum Industry is expected to experience steady growth in the upcoming years due to increasing demand for sustainable construction materials.

Statistic 1

"The global synthetic gypsum market was valued at $1.4 billion in 2019."

Sources Icon

Statistic 2

"The synthetic gypsum market is projected to grow at a CAGR of 4.82% from 2020 to 2027."

Sources Icon

Statistic 3

"Asia-Pacific's synthetic gypsum market is projected to grow at the highest CAGR of 6.4% during 2020-2025."

Sources Icon

Statistic 4

"The construction sector accounts for over half of the synthetic gypsum usage."

Sources Icon

Statistic 5

"Synthetic gypsum is environmentally friendly and has been used in over 30 products in the US alone."

Sources Icon

Statistic 6

"Around 48% of synthetic gypsum produced globally is a by-product of coal-fired power plants."

Sources Icon

Statistic 7

"The global synthetic gypsum market is predicted to expand at a moderate CAGR of around 2.8% in terms of volume from 2018 to 2027."

Sources Icon

Statistic 8

"The global synthetic gypsum market is expected to reach a value of approximately USD 2.14 billion by the end of 2027."

Sources Icon

Statistic 9

"In the US, approximately 140 products are made using synthetic gypsum."

Sources Icon

Statistic 10

"The synthetic gypsum market was mostly driven by Europe in 2017 where it was valued at around $14.58 billion."

Sources Icon

Statistic 11

"FGD gypsum, a type of synthetic gypsum, accounted for a 58.8% share by volume and 56.8% share by value in 2017."

Sources Icon

Statistic 12

"Over 12 million tons of FGD Gypsum are produced in the United States annually."

Sources Icon

Statistic 13

"Citrogypsum, an another synthetic gypsum, market size is estimated to have reached $397.8 million in 2019."

Sources Icon

Statistic 14

"The Synthetic gypsum market is anticipated to register a CAGR of 4.5% during the period 2021-2026."

Sources Icon

Statistic 15

"The FGD gypsum market, a type of synthetic gypsum, exceeded $1.35 billion in 2017 and is forecasted to grow at over 4.5% CAGR from 2018 to 2025."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!