Calcium Sulfate Market Size, Share, Sales, Demand & Growth by 2033

-

 In 2023, the calcium sulfate industry is expected to be worth US$ 266.84 billion, and by 2033, it is anticipated to reach US$ 338.54 billion. Calcium sulfate sales are anticipated to increase at a CAGR of 4.1% over the forecast period.

With a melting point of 1,400°C, calcium sulfate is an odorless, white, crystalline powder. It exists in nature as a powder that is both hydrated and anhydrous. In addition to selenite, satin, light spar, terra alba, and satinite, calcium sulfate can also exist in other forms. Plaster of Paris is (POP) made when calcium sulfate loses a certain amount of water molecules when heated.

POP changes into a hard mass when water is added and this mass is used to make plaster casts, wall plasters, and other things. In addition, calcium sulfate is used as a drying agent in chemical labs, as a coating agent in the paper industry, as a color pigment in paints, and as a soil conditioner in the agriculture sector.

The key reason propelling the growth of the global calcium sulfate market is the rise in the usage of calcium sulfate in construction products, including rapid setting types of cement, plaster of Paris, and wall plasters. Also, it is frequently used in dental offices as a tool for creating casts or dental impressions, which supports market expansion.

The demand for calcium sulfate, which is used as a surface sizing agent and a pigment to create coated paper with high brightness and whiteness, is being driven by the expanding pulp and paper industry. Additionally, the market is anticipated to expand at a faster rate since there is an increasing need for calcium sulfate as a calcium supplement that is essential for cell and bone growth.

The market is also anticipated to rise as a result of an increase in the usage of calcium sulfate as a desiccant and an inactive component in medicinal medications. Potential development prospects for market expansion are anticipated to come from the rapidly expanding applications across several end-use sectors and the rising demands from emerging nations.

Request Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-4038

Given the increasing demand for calcium sulfate in emerging nations like China and India, the Asia-Pacific region represented the maximum market share for calcium sulfate in 2022 and is anticipated to keep that position going forward. Over the forecast period, China is anticipated to retain its supremacy in the calcium sulfate market. This is a result of the growing construction industry in the country. The demand for calcium sulfate as an additive, reducing, and drying agent is predicted to rise over the forecasted period and is proving to be a key driver for the calcium sulfate market growth in this region.

KEY TAKEAWAYS

  • The market in the United States has grown significantly in 2022 holding a 10.7% share of the global market.
  • The market in China is expected to grow at a CAGR of 4.1% over the forecast period.
  • The market in the United Kingdom is anticipated to grow at a CAGR of 2.7% through 2033.
  • With a CAGR of 5.8% over the forecast period, India is predicted to grow rapidly in the market.
  • Germany accounted for 3.8% of the global market in 2022.

About the Chemicals and Materials Division at Future Market Insights (FMI)

The chemicals and materials division of Future Market Insights (FMI) offers a distinct and pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and renewable technology developments, and supply-demand-trade assessment. Our research studies serve as referencing market guidelines for chemical manufacturers, research institutions, channel partners, and government bodies for developing — ‘The Way Forward’.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware — 19713, USA
T: +1–845–579–5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Comments

Post a Comment

Popular posts from this blog

Thionyl Chloride Market Size, Share, Revenue Demand & Growth by 2034

-
Heightening concerns related to water treatment are likely to further fuel its growth engine in the near term. According to the latest report by FMI, the global  thionyl chloride market  is expected to reach a valuation of US$ 829.9 million by 2034. The industry is expected to experience revenue growth at a moderate CAGR of 4.8% during the forecast period. Thionyl chloride is used in various end-use industries such as agrochemicals, pharmaceuticals, dyes & pigments, and organic synthesis. The rising adoption of pesticides in developing countries and developments in the pharmaceutical industry are expected to drive the growth of the thionyl chloride market over the forecast period. However, a majority of end users of thionyl chloride are facing a massive slowdown due to the coronavirus (COVID-19) pandemic. This is substantially widening the supply-demand gap, and, as such, straining the revenue pool of the thionyl chloride market. Further, China – the epicenter of the pandemic – is
Read more

Bonded Magnet Market Size, Share, Revenue Demand & Growth by 2034

-
  The  bonded magnet market size  is projected to be around US$ 2,597.40 million in 2024. The demand for bonded magnets is anticipated to expand at a CAGR of 4.80% through 2034. The industry is projected to surpass US$ 4,150.99 million by 2034. The bonded magnet industry is primarily driven by the increasing demand for miniaturization and lightweight components in various applications such as automotive, consumer electronics, and medical devices. The rising focus on sustainability and environmental concerns has propelled the adoption of bonded magnets, which are manufactured using environmentally friendly processes and materials. One of the latest trends in the bonded magnet industry is the development of hybrid magnet systems combining bonded magnets with other materials like plastics or composites. These hybrid systems offer unique properties and performance characteristics, catering to specific application requirements such as weight reduction or thermal stability. One significa
Read more

Construction Chemicals Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2031

-
 The essential nature of construction chemicals in the construction and engineering sector is expected to support market growth for the duration of the assessment period from 2021 to 2031. In a new market report, Future Market Insights (FMI) has stated the valuation of the market at US$ 39 Bn in 2020.  Construction chemicals  play critical roles in construction projects including coatings, additives, sealants and more. Affordable housing and smart city projects are major influencers of demand. Strong demand for concrete admixtures, plasticizers in particular is driving the growth of the construction chemicals market. The high degree of workability in areas requiring high levels of reinforcement in high rise buildings and public infrastructure projects will support sales prospects in the coming years. The Asia Pacific excluding Japan region is expected to remain dominant. Major urbanization projects and substantial manufacturing facilities in China are likely to aid expansion of the
Read more