Calcium Sulphate Market Overview
According to a research survey conducted by ChemView Consulting, in 2022, the Global Calcium Sulphate Market was worth US$ 1,22,564.9 Mn and is expected to grow at a CAGR of 4.2% over the forecast period. The market is expected to hit US$ 1,84,945.3 Mn by 2032 end. From 2017–2021, when the market’s CAGR was 3.6%, the market underwent significant growth.
The Calcium Sulphate market is rapidly expanding due to the growing demand for Calcium Sulphate in growing demand from end-users in food & beverages, paper and pulp, paints & coatings, leather tanning, and leather treating industries.
The expanding pulp and paper sector is propelling the calcium sulphate market, which will be used as a surface sizing agent and as a pigment to produce coated paper with high brightness and whiteness.
Furthermore, the demand for calcium sulphate as a desiccant in the anhydrite form in the pharmaceutical and healthcare industries, as well as a calcium supplement important for cell and bone growth and as a whitening or colouring agent, is expected to grow significantly in the forecast period.
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ChemView Consulting has analyzed that Calcium Sulphate seeks significant demand from the Construction industry, positively influencing the market growth. Increasing Commercial & Residential activity in regions such as the Middle East, Asia Pacific, and Latin America has risen dramatically in Calcium Sulphate demand.
The main factors contributing to increased Construction Activity are increased credit availability, disposable income, and people’s increasing need for personal transportation. The above factors are likely to increase the global demand for Calcium Sulphate.
Segments Covered in Report
By Product Form:
- Anhydrous
- Hydrated
By Grade:
- Technical Grade
- Food & Pharma Grade
By Function:
- Coagulant
- Thickening Agent
- Excipient
- Desiccant
- Additive
- Intermediate
By End-use:
- Construction
- Agrochemicals
- Food & Beverages
- Cosmetic & Personal Care
- Pharmaceuticals
- Paints & Coatings
- Paper
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
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Key Takeaways from the Calcium Sulphate Market
Based on the Function, the additive segment is estimated to hold approximately 58.0% of the total market share in 2022. It is extensively used as an additive in F&B and Construction industries. Calcium sulphate is used in the building and construction industry as an additive in aerated blocks, as a shrinkage reducing agent, in cement mixtures, plasters, drywall, and other products.
According to the US Department of Commerce, privately owned housing units authorised by building permits in March 2022 were around 1,873,000, which is 0.4% higher than February 2022 of 1,865,000 units and 6.7% higher than March 2021 of around 1,755,000 units. Furthermore, according to Statistics Japan, the number of construction contract orders increased from 6,00,46,960 units in 2020 to 6,36,10,223 in 2021, with a growth in 2021 (January-July) compared to 2020. (Jan-July).
Based on the Grade, the Technical Grade segment will grow at a significant CAGR of 5.6% from 2022 to 2032. The rapidly increasing demand for calcium sulphate in the pulp and paper industry as a surface sizing agent and as a pigment to manufacture coated paper with high brightness and whiteness has driven the calcium sulphate market’s growth.
Based on Region, Asia-Pacific is projected to dominate the Calcium Sulphate market with a market share of 57.3% during the forecast period due to high consumption from the region’s stringent end-use industries. It is expected to account for over a third of all Calcium Sulphate produced globally.
Competition Summary
Key companies covered in the market study are USG Corporation, Solvay SA, Honeywell International Inc., Boral Limited, Compagnie de Saint-Gobain SA, Beijing New Building Materials PLC, Penta Manufacturing Company, YOSHINO GYPSUM CO., LTD., JONOUB GYPSUM, Celtic Chemicals Limited, Georgia-Pacific LLC and PABCO Building Products, LLC.
Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
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