High Performance Epoxy Market Share 2022, Global Industry Demand, Top Players, Industry Size, Future Growth by 2030
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 Share 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 share 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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