At 4.2% CAGR, the Middle East & Africa FGD Gypsum Market is Projected to be worth US$ 271.73 million by 2030, says Business Market Insights

According to Business Market Insights’ research, the Middle East & Africa FGD gypsum market was valued at US$ 196.04 million in 2022 and is expected to reach US$ 271.73 million by 2030, registering a CAGR of 4.2% from 2022 to 2030. Investments in construction industry and water treatment plants and rising preference for gypsum board in construction industry are the critical factors attributed to the Middle East & Africa FGD gypsum market expansion.

Manufacturers are increasingly focused on research and development activities to develop FGD gypsum. The usage of synthetic gypsum in the construction industry is growing due to the rising demand for environment-friendly structures and construction activities. FGD gypsum is highly utilized in sustainable building materials. Therefore, manufacturers innovate and produce FGD gypsum for green building applications such as low-carbon cement, eco-friendly drywall, and recycled gypsum-based products. These innovations further align with sustainability goals by reducing the environmental impacts of construction materials. Researchers across the region are developing high-strength and durable FGD-gypsum-based products, which involve advanced processing techniques and modification of composition to enhance mechanical properties. The rising focus of several organizations to develop efficient FGD gypsum and value-added products is expected to drive the FGD gypsum for drywall market during the forecast period.

On the contrary, availability of alternative materials hurdles the growth of Middle East & Africa FGD gypsum market.

Based on application, the Middle East & Africa FGD gypsum market is categorized into wallboard/drywall, cement, agriculture, water treatment, and others. The wallboard/drywall segment held 77.8% market share in 2022, amassing US$ 152.61 million. It is projected to garner US$ 214.34 million by 2030 to expand at 4.3% CAGR during 2022–2030.

Based on country, the Middle East & Africa FGD gypsum market has been categorized into South Africa, Saudi Arabia, the UAE, the Rest of Middle East & Africa.  Our regional analysis states that South Africa captured 54.0% share of Middle East & Africa FGD gypsum market in 2022. It was assessed at US$ 105.89 million in 2022 and is likely to hit US$ 145.16 million by 2030, exhibiting a CAGR of 4.0% during 2022-2030.            

Key players operating in the Middle East & Africa FGD gypsum market are CASEA GmbH, Holcim Ltd, Knauf Gips KG, and Compagnie de Saint-Gobain SA, among others.

• In Jan 2021, Compagnie de Saint Gobain SA, Placo launched a laminated gypsum wallboard product.

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