Global Synthetic Gypsum Market
Global Synthetic Gypsum Market was valued US$ 1.51 Bn in 2019 and is expected to reach US$ 2.22 Bn by 2027, at a CAGR of 4.93 % during a forecast period.
Synthetic gypsum is a sulphate material, which are prepared by the scrubbing or flue gas desulfurization procedures in a coal-fired power plant. Synthetic gypsum is serene of calcium sulphate dehydrate and holds the same properties as those of natural gypsum and it can be used as a substitute of natural gypsum in numerous applications
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Government rules, which include the Clean Air Act have been announced to reduce the pollution caused by coal plants is expected to drive the market in the near future. Rapid urbanization, large-scale investments in the building & construction sector, increasing number of construction activities in emerging economies, and growing demand from the construction sector are expected to drive the global synthetic gypsum market.
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Last Update : 01 August 2020
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