Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Synthetic Gypsum Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Synthetic Gypsum Market?
The Synthetic Gypsum market has experienced consistent growth over the years. The market size increased from $1.68 billion in 2024 to $1.76 billion in 2025, witnessing a Compound Annual Growth Rate (CAGR) of 4.7%.
What Is the Forecasted CAGR for the Synthetic Gypsum Market by 2029?
The Synthetic Gypsum market is forecasted to reach $2.32 billion in size by 2029, growing at a compound annual growth rate (CAGR) of 7.2%.
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What Are the Market Drivers in the Synthetic Gypsum Industry?
The key Drivers in the synthetic gypsum market are:
• Growing tendency towards home improvements and modifications
• Desire for personalized living spaces among homeowners
• Rising real estate prices making renovations more cost-effective than moving
• Usage of synthetic gypsum in home décor for architectural molding, ceiling designs, and wall panels due to its moldability and smooth finish
What Is the Segment-Wise Breakdown of the Synthetic Gypsum Market?
The synthetic gypsummarket covered in this report is segmented –
1) By Type: Citrogypsum, Fluorogypsum, Phosphogypsum, Titanogypsum
2) By Application: Cement, Plaster, Drywall, Soil Amendments, Glass Manufacturing
3) By Industry: Construction Industry, Agriculture Industry
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Which Emerging Trends Are Driving Growth in the Synthetic Gypsum Sector?
The key trends in the synthetic gypsum market are:
• Adoption of flue-gas desulfurization (FGD) technology is increasingly becoming a trend in the synthetic gypsum market.
• The use of this technology is resulting in elevated synthetic gypsum production.
• FGD technology implementation in power plants worldwide is furthering this trend.
• Plans for extensive installation of FGD systems in coal-based thermal power plants across countries like India substantiate this emerging trend.
Which Companies Are Dominating the Synthetic Gypsum Market in Terms of Revenue?
The key players in the synthetic gypsum market are:
• American Gypsum
• Boral Limited
• British Gypsum Limited
• Continental Building Products Inc.
• Delta Gypsum LLC
• Fertilizer Engineering & Equipment Company
• Georgia-Pacific Gypsum LLC
• Gessos Técnicos S.A.
• Knauf Gips KG
• Lafarge Holcim Ltd.
• National Gypsum Company
• PABCO Building Products LLC
• Synthetic Materials LLC
• USG Corporation
• Constantia Building Products AG
• BauMineral GmbH
• Compagnie de Saint-Gobain SA
• Drax Group plc
• Compagnie de Saint-Gobain S.A.
• Travancore Titanium Products Limited
• Synthetic Material LLC
• Eagle Materials Inc.
• Etex NV
• Electric Power Research Institute Inc.
• Gypsum Management and Supply Inc.
• Yoshino Gypsum Co. Ltd.
What Are the Regions Driving Demand in the Synthetic Gypsum Market?
North America was the largest region in the synthetic gypsum market in 2024
