Calcium Sulphate Market Opportunities in the Calcium Sulphate Market by 2027
According to a recent study of Future Market Insights (FMI),
global sales of calcium sulphate surpassed 285 thousand tons in 2018, and will
record a 3.5% Y-o-Y growth in 2019. The study estimates construction industry
to account for over 75% of overall calcium sulphate sales
in 2019. While calcium sulphate has traditionally witnessed substantial
adoption in the construction sector, there has been a significant increase in
demand for calcium sulphate in paints & coatings, and industrial wastewater
treatment applications in the recent past.
Steady growth prospects have been estimated for hydrated calcium
sulphate sales in 2019, in contrary to anhydrous calcium sulphate. . This can
be attributed to robust adoption of hydrated calcium sulphate in various
construction applications, including coloring pigments and quick drying PoP.
Sales of hydrated calcium sulphate will be 4X more than their anhydrous
counterparts in 2019, according to FMI study. Continued adoption as a
supplement in the food & beverage industry, as fillers and coating agents
in paper industry, continue to remain other leading demand determinants of
hydrated calcium sulphate.
Growth Confined by Rising Availability of Economic & More
Effective Alternatives
Growing availability of effective and economically feasible
alternatives, such as aluminum sulphate and calcium chloride, continue to
remain key concerns for players operating in the calcium sulphate market.
Leading players in the market have already shifted their preference toward
calcium sulphate substitutes, in light of their greater efficacy and
convenience in manufacturing.
Regulatory standards imposed on calcium sulphate by the
Environmental Protection Agency (EPA), and National Institute for Occupational
Safety and Health's (NIOSH), have significantly driven adoption of calcium
sulphate alternatives. Additionally, better functionalities and performance
outcomes apropos of using calcium chloride in construction applications, and
aluminium sulphate in pharmaceutical and personal care product formulations,
continues to pose a negative influence on sales of calcium sulphate worldwide.
Application of calcium sulphate in topsoil layer for improved
crop yield has traditionally been a common practice among farmers worldwide.
However, regulatory hurdles regarding use of gypsum, composed of calcium
sulphate, have been arresting adoption of calcium sulphate in the agricultural
industry. Additionally, reuse and recycling of calcium sulphate by-products has
emerged as a popular trend in recent years, which in turn will impede demand
for calcium sulphate in the near future.
Leaders in calcium sulphate market such as Solvay S.A.,
Honeywell International Inc., and USG Corporation are currently focusing on
investments in the development of low-cost sustainable gypsum boards, in line
with the rise of green building initiatives that necessitate adoption of
eco-friendly construction materials.
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Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44(0)20-7692-8790
Sales: sales@futuremarketinsights.com
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