Market Introduction
Gypsum is a mineral with molecular formula CaSO4.2H2O that can be found in layered sedimentary deposits alongside other minerals such as halite, anhydrite, sulphur, calcite, and dolomite. It can be obtained naturally by mining or through the process of flue gas desulphurization. It is commonly used for manufacturing plasterboards or drywalls; in cement as a retarding agent; in agriculture as a soil amendment additive and fertilizer; and in other sectors such as food & beverage, pharmaceuticals, glass manufacturing, and paper manufacturing.Market Overview and Dynamics
The Europe gypsum market was valued at US$ 464.74 million in 2020 and is projected to reach US$ 680.46 million by 2028; it is expected to grow at a CAGR of 5.0% from 2021 to 2028. Gypsum is used in the construction industry as a filler for cement and plasters to increase their strength while also reducing the concrete's setting time. FGD gypsum is a commonly used type of gypsum in the industry since it is a recyclable resource. Gypsum is also used to make decorative panels and plaster of Paris. The plaster of Paris is used to create decorative panels, constructions, and sculptures. The strong demand for these items has resulted in a boom in gypsum demand. European countries are creating and strengthening their infrastructure by enacting reforms and legislation, which drives the growth of the real estate and infrastructure industries. As a result, continued support for the expansion of the construction industry increases the demand for gypsum.
In 2020, rest of Europe contributed to the largest share in the Europe gypsum market. The growth of the market in rest of Europe is attributed to the well-flourished construction industry and the presence of majority of the leading players operating across the countries, such as the UK, Germany, France, Italy, and Spain. The demand for gypsum is expected to grow at a faster pace owing to rising renovation activities across the region. Moreover, growing utilization of synthetic gypsum in manufacturing drywalls or plasterboards owing to its affordability and sustainability is also expected to drive the market growth in this region. Additionally, growing demand from various applications such as soil amendment, water treatment, food & beverages, pharmaceuticals, and paper & pulp manufacturing is also projected to fuel the market growth across the region.Key Market Segments
Based on type, the Europe gypsum market is bifurcated into natural gypsum and synthetic gypsum. The synthetic segment led the market with a larger share in 2020. Based on application, the market is segmented into drywall, cement, agriculture, and others. The drywall segment led the Europe gypsum market with the largest share in 2020.
Major Sources and Companies Listed
A few of the major primary and secondary sources referred to while preparing the report on the Europe gypsum market are paid databases (factiva), publications, hoovers, investor presentations, newsletter, sec archives, annual reports, and other information available in public domain. A few major companies listed in the report are Baumineral GmbH, Lafargeholcim, Steag GmbH, Knauf Gips KG, Saint-Gobian S.A., Torralba Group, Atlas SP. Z.o.o., Baumit, ETEX Group, and Fixit Gruppe.
Reasons to Buy Report
Europe Gypsum Market Segmentation
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2020 | US$ 464.74 Million |
| Market Size by 2028 | US$ 680.46 Million |
| CAGR (2021 - 2028) | 5.0% |
| Historical Data | 2018-2019 |
| Forecast period | 2021-2028 |
| Segments Covered |
By Type
|
|
Regions and Countries Covered
|
|
| Europe | UK, Germany, France, Russia, Italy, Rest of Europe |
| Market leaders and key company profiles |
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The Europe Gypsum Market is valued at US$ 464.74 Million in 2020, it is projected to reach US$ 680.46 Million by 2028.
As per our report Europe Gypsum Market, the market size is valued at US$ 464.74 Million in 2020, projecting it to reach US$ 680.46 Million by 2028. This translates to a CAGR of approximately 5.0% during the forecast period.
The Europe Gypsum Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Gypsum Market report:
The Europe Gypsum Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Gypsum Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Gypsum Market value chain can benefit from the information contained in a comprehensive market report.
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