The global demand for FGD Gypsum Market is presumed to reach the market size of nearly USD 4.72 BN by 2030 from USD 3.12 BN in 2022 with a CAGR of 5.3% under the study period 2023 - 2030.
FGD gypsum, also known as flue gas desulfurization gypsum, is a byproduct generated during the process of removing sulfur dioxide (SO2) from the exhaust gases produced by coal-fired power plants and industrial facilities. Flue gas desulfurization is used to reduce air pollution by capturing sulfur dioxide emissions, which contribute to acid rain and air quality degradation. This is formed when the captured sulfur dioxide reacts with calcium-based sorbents, such as limestone or lime, in the flue gas desulfurization process.
Market Dynamics
Environmental regulations, sustainability goals, and industry demand for alternative materials drive the FGD gypsum market. Stringent air quality rules necessitate the use of flue gas desulfurization technologies, generating FGD gypsum as a byproduct. This waste reduction practice aligns with sustainability initiatives and addresses waste disposal challenges. Its applications in construction materials like gypsum board and cement meet the construction industry's needs for alternative resources. It also finds use in agriculture as a soil amendment and nutrient source, supporting sustainable farming practices. The market benefits from consumer preferences for eco-friendly products and governmental incentives promoting waste utilization. Research, innovation, and collaborations contribute to the expansion of FGD gypsum's potential applications. As the world opts for cleaner energy sources, the continued adoption of FGD technologies ensures a steady supply of FGD gypsum for various industries, driving its market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of fgd gypsum. The growth and trends of fgd gypsum industry provide a holistic approach to this study.
Market Segmentation
This section of the fgd gypsum market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Wallboard/Drywall
- Cement
- Agriculture
- Water Treatment
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the FGD Gypsum market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global FGD Gypsum Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the FGD Gypsum market include Georgia-Pacific LLC, Cez Energeticke Produkty SRO, EP Power Minerals GmbH, CASEA GmbH, Holcim Ltd., Knauf Gips KG, Travancore Titanium Products Ltd., Compagnie de Saint-Gobain SA, American Gypsum Co LLC., and National Gypsum Co. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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