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."

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Statistic 2

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

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Statistic 3

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

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Statistic 4

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

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Statistic 5

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

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Statistic 6

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

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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."

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Statistic 8

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

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Statistic 9

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

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Statistic 10

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

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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."

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Statistic 12

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

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Statistic 13

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

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Statistic 14

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

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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."

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