Application (Construction Materials, Agriculture)
The agriculture segment is estimated to gain the largest market share in 2037. The segmental growth can be accredited to increased awareness and education. Growing awareness among farmers about the benefits of synthetic gypsum and education on sustainable farming practices have played a significant role in driving its adoption in the agriculture segment. Increased knowledge about soil health, conservation, and nutrient management practices has led to the recognition of synthetic gypsum's potential benefits.
End Use Industry (Construction, Power Plants, Chemicals)
The construction segment in the synthetic gypsum market is expected to register a significant share in 2037. The growth of the segment is propelled by the cost efficiency and performance benefits. Synthetic gypsum offers cost advantages and performance benefits in construction applications, contributing to its growing demand. A study by the U.S. Gypsum Association found that the use of synthetic gypsum in gypsum board manufacturing resulted in improved product performance and reduced manufacturing costs compared to natural gypsum.
Our in-depth analysis of the global market includes the following segments:
Application |
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End Use Industry |
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Author Credits: Rajrani Baghel
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