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Global Flue Gas Desulfurization (FGD) Gypsum Market – Industry Trends and Forecast to 2030

Chemical and Materials

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Global Flue Gas Desulfurization (FGD) Gypsum Market – Industry Trends and Forecast to 2030

  • Chemical and Materials
  • Upcoming Report
  • Sep 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Flue Gas Desulfurization (FGD) Gypsum Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 806.91 USD Million
Diagram Market Size (Forecast Year) USD 1,258.20 USD Million
Diagram CAGR %

Major Markets Players

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Global Flue Gas Desulfurization (FGD) Gypsum Market, By Application (Dental, Drywall, Cement, Water Treatment, Mining, Soil Amendment, Others), End-User (Construction Industry, Agriculture Industry) – Industry Trends and Forecast to 2030.

Flue Gas Desulfurization (FGD) Gypsum Market

Flue Gas Desulfurization (FGD) Gypsum Market Analysis and Size

FDG Gypsum is environmentally friendly and offers a clean, sustainable supply of gypsum. FDG gypsum is used in a wide range of industries, including those related to dentistry, drywall, cement, water treatment, mining, soil amendment, and others.

Data Bridge Market Research analyses that the global flue gas desulfurization (FGD) gypsum market which was USD  806.91 million in 2022, would rocket up to USD 1,258.20 million by 2030, and is expected to undergo a CAGR of 5.71% during the forecast period. “Construction Industry” dominates the end-user segment of the global flue gas desulfurization (FGD) gypsum market due to cement, wallboard, and plaster of paris are all made using FGD gypsum.

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Flue Gas Desulfurization (FGD) Gypsum Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2023

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Application (Dental, Drywall, Cement, Water Treatment, Mining, Soil Amendment, Others), End-User (Construction Industry, Agriculture Industry)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Saint Gobain (France),  Knauf Gips KG (Germany), NATIONAL GYPSUM PROPRETIES, LLC (U.S.), Etex Group (Belgium), LafargeHolcim (Switzerland), YOSHINO GYPSUM CO., LTD (Japan), Mada Gypsum (Saudi Arabia), TTPL (India), Gypsemna (U.A.E.), Supreme Gypsum Pvt. Ltd. (India), Gulf Gypsum Industrial (U.A.E.), Drax Group plc (U.K.), Osman Group (Bangladesh), Georgia-Pacific Gypsum LLC (U.S.), AYHACO Gypsum Products Manufacturing (U.A.E.), Boral (Australia),  Samim Derakhshan Co. (Iran), United Mining Industries (Saudi Arabia) and STEAG POWER MINERALS (Germany), among others

Market Opportunities

  • Accelerating spending on research and development to produce products
  • Growing knowledge of gypsum's applications as a result of its safe and non-toxic mineral qualities across numerous industry sectors

Market Definition

Electric power stations create flue gas desulfurization (FGD) systems, a form of synthetic product, from flue gas desulfurization systems. Scrubbers are used in this method to separate sulfur from combustion gases. The compounds that are employed in chemical processes to create other substances are known as scrubbers. The process used to create FGD gypsum is environmentally benign and offers a sustainable source of pure gypsum.

Global Flue Gas Desulfurization (FGD) Gypsum Market Dynamics

Drivers

  • Increasing Product Use Across a Range of End Markets, Including Construction and Agriculture

Depending on how it is utilized, FGD gypsum is used in a variety of sectors, including building and agriculture. Gypsum from FGD is used in a variety of industries, including dentistry, drywall, cement, water treatment, mining, soil amendment, and others. In the building business, FGD gypsum is generally utilized as wallboards and plasterboards. In addition, FGD gypsum is used as a filler or retarder in cement. For the building and construction sector, plaster of paris is used to make ornamental panels, buildings, and sculptures. Gypsum from FGD is a useful mineral that is used as a fertilizer in farming. It is mostly used as calcium or sulfur fertilizer. Gypsum is also used to condition soil and aid in water retention.In addition, decorations and other ornamental products employ FGD gypsum

  • Increasing Consumer and Manufacturing Awareness

One of the main elements influencing the market is the public's increased knowledge of the effects of rising air pollution on health. In addition, to maintain air quality regulations, governments in a number of nations are encouraging the adoption of FGD systems, which is fostering market expansion.  In addition, major market players are making significant investments in research and development (R&D) operations in order to introduce sophisticated limestone FGD units, which are economical and effective ways to remove sulfur dioxide (SO2) and dust.  Accordingly, they are creating improved technologies to maximize the removal of sulfur dioxide (SO2) from flue gas, such as new integrated desulfurization (NID) and circulating dry scrubbers (CDS), which is favorably affecting the market.  Additionally, the market is expanding due to the rising demand for energy and the sizeable expenditures made in thermal power plants throughout the world. In addition, the demand for FGD gypsum is rising in the agricultural sector because to its benefits in enhancing soil physicochemical qualities, reducing soil and nutrient loss, replenishing soil with trace elements, and boosting crop production

Opportunity

  • Accelerating Spending on Research and Development to Produce Products

Furthermore, the development of technology and the rise in the demand for FGD gypsum to meet growing market demand, an increase in market research and development efforts and extend profitable opportunities to the market players in 2023-2030. In addition, growing knowledge of gypsum's applications as a result of its safe and non-toxic mineral qualities across numerous industry sectors will further expand the future growth of the global FGD gypsum market

Restraint/Challenge

  • Fluctuations in the Raw Material Prices

Fluctuations in the price of raw materials, the availability of substitute products, and the quick transition of industry from coal to natural gas are some of the main barriers to the growth of the flue gas desulfurization (FGD) gypsum market. Conversely, the complex material handling process combined with synthetic gypsum for a variety of applications will pose a challenge to the market's expansion

This global flue gas desulfurization (FGD) gypsum market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global flue gas desulfurization (FGD) gypsum market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth

Recent Developments

  • In February 2020, for the BLCP power plant in Thailand, Mitsubishi Hitachi Power Systems received a 12-year maintenance service extension. The upkeep of major machinery, such as boilers, steam turbines, and flue gas cleaning systems, is covered by this agreement
  • In July 2020, for the delivery of wet FGD systems for 3 coal-fired power plants, General Electric (GE) Steam Power inked a contract with NTPC Limited, India

Global Flue Gas Desulfurization (FGD) Gypsum Market Scope

The global flue gas desulfurization (FGD) gypsum market is segmented on the basis of application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

  • Dental
  • Drywall
  • Cement
  • Water Treatment
  • Mining
  • Soil Amendment
  • Others
  • Glass Manufacturing
  • Marine Applications

End-user

  • Construction Industry
  • Agriculture Industry

Flue Gas Desulfurization (FGD) Gypsum Market Regional Analysis/Insights

The global flue gas desulfurization (FGD) gypsum market is analysed and market size insights and trends are provided by country, application and end-user as referenced above.

The countries covered in the global flue gas desulfurization (FGD) gypsum market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Asia-Pacific dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period from 2023-2030. This is owing to the increasing infrastructural development and construction activities amongst emerging countries such as China, India and Japan within this particular region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data. 

Competitive Landscape and Flue Gas Desulfurization (FGD) Gypsum Market Share Analysis

The Flue gas desulfurization (FGD) gypsum market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Flue gas desulfurization (FGD) gypsum market.

Some of the major players operating in the global flue gas desulfurization (FGD) gypsum market are:

  • Saint Gobain (France)
  • Knauf Gips KG (Germany)
  • NATIONAL GYPSUM PROPRETIES, LLC (U.S.)
  • Etex Group (Belgium)
  • LafargeHolcim (Switzerland)
  • YOSHINO GYPSUM CO., LTD (Japan)
  • Mada Gypsum (Saudi Arabia)
  • TTPL (India)
  • Gypsemna (U.A.E.)
  • Supreme Gypsum Pvt. Ltd. (India)
  • Gulf Gypsum Industrial (U.A.E.)
  • Drax Group plc (U.K.)
  • Osman Group (Bangladesh)
  • Georgia-Pacific Gypsum LLC (U.S.)
  • AYHACO Gypsum Products Manufacturing (U.A.E.)
  • Boral (Australia)
  • Samim Derakhshan Co. (Iran)
  • United Mining Industries (Saudi Arabia)
  • STEAG POWER MINERALS (Germany)


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FREQUENTLY ASK QUESTIONS

The flue gas desulfurization (FGD) gypsum market size will be worth USD 1,258.20 million by 2030.
The growth rate of the flue gas desulfurization (FGD) gypsum market is 5.71% by 2030.
Increasing Product Use Across a Range of End Markets, Including Construction and Agriculture & Increasing Consumer and Manufacturing Awareness are the growth drivers of the flue gas desulfurization (FGD) gypsum market.
Application and end-user are the factors on which the flue gas desulfurization (FGD) gypsum market research is based.
Major companies in the flue gas desulfurization (FGD) gypsum market are Saint Gobain (France), Knauf Gips KG (Germany), NATIONAL GYPSUM PROPRETIES, LLC (U.S.), Etex Group (Belgium), LafargeHolcim (Switzerland), YOSHINO GYPSUM CO., LTD (Japan), Mada Gypsum (Saudi Arabia), TTPL (India), Gypsemna (U.A.E.), Supreme Gypsum Pvt. Ltd. (India), Gulf Gypsum Industrial (U.A.E.), Drax Group plc (U.K.), Osman Group (Bangladesh), Georgia-Pacific Gypsum LLC (U.S.), AYHACO Gypsum Products Manufacturing (U.A.E.), Boral (Australia), Samim Derakhshan Co. (Iran), United Mining Industries (Saudi Arabia) and STEAG POWER MINERALS (Germany), among others
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