Anhydrite Market, Size and Share, Future Demands, Prominent Players and Forecast Till 2027
The global anhydrite market is segmented by type and application.
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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