Mar 21, 2022   SOURCE: BusinessWire

North America Synthetic Gypsum (FGD Gypsum, Flurogypsum, Phosphogypsum, Citrogypsum) Market Report 2021-2027 Featuring Drax Group, American Gypsum, USG, Larargeholcim, Knauf Gips, & Steag - ResearchAndMarkets.com

The "North America Synthetic Gypsum Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (FGD Gypsum, Flurogypsum, Phosphogypsum, Citrogypsum, and Others), Application (Drywall, Cement, Soil amendment, Dental, Water Treatment, and Others)" report has been added to ResearchAndMarkets.com's offering.

Drywall Segment to Dominate North America Synthetic Gypsum Market during 2020-2027

Market is expected to reach US$ 790.97 million by 2027 from US$ 603.05 million in 2020. The market is estimated to grow at a CAGR of 4.0% from 2020 to 2027.

The report provides trends prevailing in the North America synthetic gypsum market along with the drivers and restraints pertaining to the market growth. Increasing demand from the construction industry and usage of synthetic gypsum in agriculture industry are the major factors driving the growth of the North America synthetic gypsum market. However, the shift in industrial preference from coal to natural gas may hinder the growth of North America synthetic gypsum market.

In case of COVID-19, North America, especially the US, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of synthetic gypsum manufacturing activities. Downfall in 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 the discontinuation of synthetic gypsum manufacturing projects, thereby reducing the demand for synthetic gypsum. Similar trend was witnessed in other North American countries such as Mexico, Canada, Panama, and Costa Rica. However, the countries are likely to overcome this drop in demand with the economic activities regaining their pace, especially in the beginning of 2021.

Drax Group Plc, American Gypsum, USG Corporation, Larargeholcim Ltd., Knauf Gips KG and Steag GmbH are some of the leading companies in the North America 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.

Key Topics Covered:

1. Introduction

2. Key Takeaways

3. Research Methodology

4. North America Synthetic gypsum Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Expert Opinion

5. North America Synthetic Gypsum Market - Key Market Dynamics

5.1 Drivers

5.1.1 Increasing Demand from the Construction Industry

5.1.2 Usage of Synthetic Gypsum in Agriculture Industry

5.2 Restraints

5.2.1 Shift in Industrial Preference from Coal to Natural Gas

5.3 Opportunities

5.3.1 Escalating Demand in North America

5.4 Future Trend

5.4.1 Adoption of Environment-Friendly Technologies

5.5 Impact Analysis of Drivers and Restraints

6. Synthetic gypsum - North America Market Analysis

6.1 Synthetic Gypsum Market Overview

6.2 Synthetic Gypsum Market - Revenue and Forecast to 2027 (US$ Million)

7. North America Synthetic Gypsum Market Analysis - By Type

7.1 Overview

7.2 North America Synthetic Gypsum Market Breakdown, By Type, 2019 & 2027

7.3 FGD Gypsum

7.3.1 Overview

7.3.2 FGD Gypsum: Synthetic Gypsum Market - Revenue, and Forecast to 2027 (US$ Million)

7.4 Fluorogypsum

7.5 Phosphogypsum

7.6 Citrogypsum

8. North America Synthetic Gypsum Market Analysis - By Applications

8.1 Overview

8.2 Synthetic Gypsum Market Breakdown, By Application, 2019 & 2027

8.3 Drywall

8.3.1 Overview

8.3.2 Drywall: Synthetic Gypsum Market - Revenue, and Forecast to 2027 (US$ Million)

8.4 Soil Amendment

8.5 Cement

8.6 Dental

8.7 Water Treatment

9. North America Synthetic Gypsum Market - Country Analysis

9.1 Overview

9.1.1 North America: Synthetic gypsum market, by Key Country

9.1.1.1 US: Synthetic Gypsum market - Revenue and Forecast to 2027 (US$ Mn)

10. Overview- Impact of COVID-19 on North America Synthetic Gypsum Market

10.1 North America: Impact Assessment of COVID-19 Pandemic

11. Company Profiles

  • Drax Group Plc
  • American Gypsum
  • USG Corporation
  • Larargeholcim Ltd.
  • Knauf Gips KG
  • Steag GmbH

For more information about this report visit https://www.researchandmarkets.com/r/dbxmqz