Anhydrite Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2027
Based on the type, the anhydride can be natural or
synthetic. The synthetic type of anhydrite is extensively used in buildings
& construction materials. It is a raw material required for the production
of cement, plasters, and flooring.
It is used as a binder in plaster and cement due to
its extremely shrinkage and swelling values. Furthermore, it is also used as a
filler in the production of plastics and paper products. The synthetic
anhydrite is used as a source of sulfur in the production of sulphuric acid.
The global anhydrite market is segmented into soil treatment, construction,
fertilizers, industrial applications, drying agents, and others.
The soil treatment accounts for around 35% of the
market share and is likely to remain dominant owing to the lack of agricultural
land and increasing food consumption demand. The increasing use of anhydrite in
various other applications is expected to fuel the market growth further over
the assessment period.
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Market Segmentation
Based on the type, the global anhydrite market is
segmented into natural and synthetic. On the basis of the applications, the
global anhydrite market is segmented into soil treatment, construction,
fertilizers, industrial applications, drying agents, and others.
Market Scenario
The global Anhydrite Market is segmented
into five regions: Asia Pacific, North America, Europe, Latin America, and the
Middle East & Africa. Asia Pacific accounted for the major market share in
2016 owing to the growing industrialization and urbanization in developing
countries such as China and India. The use of the product as a fertilizer is
another driving factor of the market owing to the lack of cultivable land and
presence of agricultural based countries.
North America was the second largest market in 2016
on account of growing use of fertilizers in the U.S. coupled with the rebounded
construction activities.
The increasing demand for cement from the buildings
& construction activities is projected to drive the Europe market.
The high production and exports of fertilizers in
Brazil and Argentina are expected to fuel the market growth in Latin America.
The growing demand for the product from the
infrastructural and construction activities in the GCC countries is expected to
propel the market growth in the Middle East region.
Competitive Analysis
Some of the prominent players operating in the
global anhydrite market are Solvay (Belgium), Vanich Gypsum Co. Ltd (Thailand),
General Mining And Trading Co., Ltd (Thailand), USG Corporation (U.S.), Lafarge
Holcim (France), Knauf Gips KG (Germany), Saint-Gobain SA (France), NATIONAL
GYPSUM PROPERTIES, LLC (U.S.), Georgia-Pacific Gypsum LLC (U.S.), ANHYDRITEC
(Cheshire), Mineralis Lucentum (Spain), Quzhou Zunlong Trading Co., Ltd.
(China), Bisley & Company Pty Ltd. (Australia), BDH Gypsum (U.S.), and ACG
Materials (U.S.).
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