Calcium Sulphate Market by Global Demand, Trends, Applications, Sales and Forecast to 2032
According to a recent study of Future Market Insights (FMI), global sales of calcium sulphate surpassed 285 thousand tons in 2018, and will record a 3.5% Y-o-Y growth in 2019. The study estimates construction industry to account for over 75% of overall calcium sulphate sales in 2019. While calcium sulphate has traditionally witnessed substantial adoption in the construction sector, there has been a significant increase in demand for calcium sulphate in paints & coatings, and industrial wastewater treatment applications in the recent past.
Steady growth prospects have been estimated for
hydrated calcium sulphate sales in 2019, in contrary to anhydrous calcium
sulphate. . This can be attributed to robust adoption of hydrated calcium
sulphate in various construction applications, including coloring pigments
and quick drying PoP. Sales of hydrated calcium sulphate will be 4X more than
their anhydrous counterparts in 2019, according to FMI study. Continued
adoption as a supplement in the food & beverage industry, as fillers and
coating agents in paper industry, continue to remain other leading demand
determinants of hydrated calcium sulphate.
Growth Confined by Rising Availability of
Economic & More Effective Alternatives
Growing availability of effective and economically
feasible alternatives, such as aluminum sulphate and calcium chloride, continue
to remain key concerns for players operating in the calcium sulphate market.
Leading players in the market have already shifted their preference toward
calcium sulphate substitutes, in light of their greater efficacy and
convenience in manufacturing.
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Regulatory standards imposed on calcium sulphate by
the Environmental Protection Agency (EPA), and National Institute for
Occupational Safety and Health’s (NIOSH), have significantly driven adoption of
calcium sulphate alternatives. Additionally, better functionalities and
performance outcomes apropos of using calcium chloride in construction
applications, and aluminium sulphate in pharmaceutical and personal care
product formulations, continues to pose a negative influence on sales of
calcium sulphate worldwide.
Application of calcium sulphate in topsoil layer for
improved crop yield has traditionally been a common practice among farmers
worldwide. However, regulatory hurdles regarding use of gypsum, composed of
calcium sulphate, have been arresting adoption of calcium sulphate in the
agricultural industry. Additionally, reuse and recycling of calcium sulphate
by-products has emerged as a popular trend in recent years, which in turn will
impede demand for calcium sulphate in the near future. .
Leaders in calcium sulphate market such as Solvay
S.A., Honeywell International Inc., and USG Corporation are currently focusing
on investments in the development of low-cost sustainable gypsum boards, in line
with the rise of green building initiatives that necessitate adoption of
eco-friendly construction materials.
Market Segmentation
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
- North
America
- Latin
America
- Europe
- Asia
Pacific
- China
- Middle
East & Africa
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Full Report @ https://www.futuremarketinsights.com/reports/calcium-sulphate-market
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