Drywall Segment to Dominate Europe Synthetic Gypsum Market during 2020-2027.
According to a new market research study on “Europe Synthetic Gypsum Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast - by Type, Application, and Country,” is expected to reach US$ 367.54 million by 2027 from US$ 272.45 million in 2020. The market is estimated to grow at a CAGR of 4.4% from 2020 to 2027. The report provides trends prevailing in the Europe synthetic gypsum market along with the drivers and restraints pertaining to the market growth. Incrementing demand from the construction industry and rising application in the agriculture industry are the major factors driving the growth of the Europe synthetic gypsum market. However, the industrial shift from coal to natural gas may hinder the growth of Europe synthetic gypsum market.
In case of COVID-19, in Europe, especially France, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of synthetic gypsum manufacturing activities. Other chemical and materials manufacturing sector has subsequently impacted the demand for synthetic gypsum during the early months of 2020. Moreover, decline in the overall construction and agricultural materials manufacturing activities has led to discontinuation of synthetic gypsum manufacturing projects, thereby reducing the demand for synthetic gypsum. Similar trend was witnessed in other European countries, i.e. Russia, UK, Italy, Germany and Spain. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
The market for Europe synthetic gypsum is segmented into type, application and country. Based on type, the market is segmented into FGD gypsum, fluorogypsum, phosphogypsum, citrogypusm and others. In 2019, the FCD gypsum segment held the largest share in Europe synthetic gypsum market. Based on application, the Europe synthetic gypsum is bifurcated drywall, soil amendment, cement, dental, water treatment and others. The cement segment is expected to be the fastest growing segment over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the Europe synthetic gypsum market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the European countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for synthetic gypsum.
Drax Group Plc, USG Corporation, Larargeholcim Ltd. Knauf Gips KG, BauMineral GmbH, and Steag GmbH are some of the leading companies in the Europe synthetic gypsum market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
According to a new market research study on “Europe Synthetic Gypsum Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast - by Type, Application, and Country,” is expected to reach US$ 367.54 million by 2027 from US$ 272.45 million in 2020. The market is estimated to grow at a CAGR of 4.4% from 2020 to 2027. The report provides trends prevailing in the Europe synthetic gypsum market along with the drivers and restraints pertaining to the market growth. Incrementing demand from the construction industry and rising application in the agriculture industry are the major factors driving the growth of the Europe synthetic gypsum market. However, the industrial shift from coal to natural gas may hinder the growth of Europe synthetic gypsum market.
In case of COVID-19, in Europe, especially France, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of synthetic gypsum manufacturing activities. Other chemical and materials manufacturing sector has subsequently impacted the demand for synthetic gypsum during the early months of 2020. Moreover, decline in the overall construction and agricultural materials manufacturing activities has led to discontinuation of synthetic gypsum manufacturing projects, thereby reducing the demand for synthetic gypsum. Similar trend was witnessed in other European countries, i.e. Russia, UK, Italy, Germany and Spain. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
The market for Europe synthetic gypsum is segmented into type, application and country. Based on type, the market is segmented into FGD gypsum, fluorogypsum, phosphogypsum, citrogypusm and others. In 2019, the FCD gypsum segment held the largest share in Europe synthetic gypsum market. Based on application, the Europe synthetic gypsum is bifurcated drywall, soil amendment, cement, dental, water treatment and others. The cement segment is expected to be the fastest growing segment over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the Europe synthetic gypsum market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the European countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for synthetic gypsum.
Drax Group Plc, USG Corporation, Larargeholcim Ltd. Knauf Gips KG, BauMineral GmbH, and Steag GmbH are some of the leading companies in the Europe synthetic gypsum market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments the Europe Synthetic Gypsum market as follows:
Europe Synthetic Gypsum Market - By Type
- FGD Gypsum
- Fluorogypsum
- Phosphogypsum
- Citrogypusm
- Others
Europe Synthetic Gypsum Market - By Application
- Drywall
- Soil Amendment
- Cement
- Dental
- Water Treatment
- Others
Europe Synthetic Gypsum Market - By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Reasons to buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe synthetic gypsum market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe synthetic gypsum market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe synthetic gypsum market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. Europe Synthetic gypsum Market Landscape
5. Europe Synthetic Gypsum Market - Key Market Dynamics
6. Synthetic gypsum - Europe Market Analysis
7. Europe Synthetic Gypsum Market Analysis - By Type
8. Europe Synthetic Gypsum Market Analysis - By Applications
9. Europe Synthetic Gypsum Market - Country Analysis
10. Overview - Impact of COVID-19 ON Europe Synthetic Gypsum Market
11. Company Profiles
12. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Drax Group Plc
- USG Corporation
- BauMineral GmbH
- Larargeholcim Ltd.
- Knauf Gips KG
- Steag GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 95 |
Published | June 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 272.45 Million |
Forecasted Market Value ( USD | $ 367.54 Million |
Compound Annual Growth Rate | 4.4% |
Regions Covered | Europe |