01-Nov-2022 | Zion Market Research
The global Calcium Sulphate market size was worth around USD 2.9 billion in 2021 and is predicted to grow to around USD 4.5 billion by 2028 with a compound annual growth rate (CAGR) of roughly 6.5% between 2022 and 2028.
Another name for calcium sulphate is gypsum. Calcium sulphate is an inorganic compound with water or water-related components. It is a widely distributed, low-toxic element in solid form. Anglite, anhydrite, muriacite, gypsum, and karsenite are a few minerals that contain calcium sulphate. It is obtained in two different forms, including food grade, which is utilized in the food business, and technical grade, which is used for technical applications. In the end-use industry, it serves a variety of functions as a thickening agent, additive, intermediate, etc.
The global calcium sulphate market is growing due to reasons such as rising demand from the construction industry for its excellent feature of quick settling of a coating on the substrate. The demand for calcium sulphate is also anticipated to rise in the coming years as a result of its growing use in the production of cement due to its anhydrous state. However, strict regulations because of the serious side effects, including nausea and excruciating abdominal pain, are anticipated to impede the expansion of the calcium sulphate market. The expansion of its use in the medical field to assist dentists in creating impressions could also present profitable opportunities for market players soon.
The global calcium sulphate market is segmented based on the form type, grade, function, industry vertical, and region.
The global market is divided into anhydrous and hydrated segments based on the type of form. In 2021, the anhydrous market category had the biggest market share, and it is anticipated that it will continue to hold that position during the projected period. The anhydrous form is a fine, odorless white powder or crystalline solid. It is employed in numerous operations, including the production of cement and as a filler in paper.
The anhydrous form of calcium sulphate enhances the paper's quality and makes it stiffer, brighter, and easier to draw on, print on, and write on when used as a filler in the pulp and paper manufacturing process. Additionally, calcium sulphate in the anhydrous or anhydrite form can be utilized as a desiccant in the medical field, such as in dentistry. As a result, the anhydrous form of calcium sulphate is chosen over other forms of calcium sulphate due to all the features it possesses, which is fueling its rapid expansion.
The global calcium sulphate market is divided into several categories based on industry verticals, including food & beverages, cosmetics & personal care, pulp & paper, building & construction, chemical & petrochemical, pharmaceutical & healthcare, agriculture, mining, and others. During the anticipated period, the building and construction segment will hold the biggest market share. In the building and construction industry, calcium sulphate is utilized as a cement additive, a shrinkage-reducing agent, and a constituent in aerated blocks. It is used as a basic component in the production of plaster, drywall, and other building supplies. Thus, driving the segmental growth during the forecast period.
The market for Calcium Sulphates is divided into five regions based on geography: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific region is expected to dominate the global calcium sulphate market during the forecast period. The growth in the region is attributed to the presence of large calcium sulfate reserves in this region and huge demand from emerging countries.
The region's demand for calcium sulphate is being further fueled by the growing use of the substance in the chemical sector as a coloring agent, paper coating agent, drying agent, and anti-caking agent. Furthermore, the market will also rise as a result of the region's developing nations' increasing urbanization and building.
The global calcium sulphate market is dominated by players like GFS Chemicals, Inc., GLC Minerals, Hebei Xingtai Shuanghua Gypsum Products Co., Ltd., Mionix Corporation, Neelkanth Chemical & Mineral, Nikunj Chemicals, Noah Chemicals, Merck KGaA, Spectrum Chemical, W A HAMMOND DRIERITE CO LTD, among others.
Recent Developments:
This review is based on a report by Zion Market Research, titled “Calcium Sulphate 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 Industry Vertical (Food & Beverages, Cosmetic & Personal Care, Pulp & Paper, Building & Construction, Chemical & Petrochemical, Pharmaceutical & Healthcare, Agriculture, Mining and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028.”- Report at https://www.zionmarketresearch.com/report/calcium-sulphate-market
The global calcium sulphate market is segmented as follows:
By Form Type
By Grade
By Function
By Industry Vertical
By Region
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