Global Gypsum Recycling Market Analysis by Waste Generation, End-Use, Region and segments forecast till 2033
Market Overview
The Global Gypsum Recycling Market valued at USD 1,490 million in 2022 is anticipated to reach a value of USD 2,240 million in 2033, rowing at a CAGR of 3.6%.
Report Scope
Report Attributes | Description |
Market Forecast in 2022 | USD 1,490 Million |
Market Forecast in 2033 | USD 2,240 Million |
CAGR % 2023-2033 | 3.6% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Product Size, End-Use, company share, company heatmap, company Material Waste Generation Size capacity, growth factors and more |
Segments Covered | Waste Generation, End-Use |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | New West Gypsum Recycling Limited, Saint-Gobain Construction Products UK Limited, Agri Marketing, Inc., EGRS Ltd, and FEECO International, Inc. |
Global Gypsum Recycling Market: Description
Gypsum is majorly utilized as a plaster in the construction and building sector. The gypsum waste removal from the construction spots discharges some harmful gases that have a foul smell and adversely affect the environment. Additionally, gypsum recycling also releases a chemical called sulphur dioxide that leads to acid rain. It is imperative for manufacturers to recycle gypsum by virtue of effective management programs.
The recycling of Gypsum has helped in less power consumption and low emissions due to the continuous adoption of manufacturing operations. Gypsum recycling has helped in the reduction of power consumption and low emissions that has further attracted a huge manufacturer to adopt the recycling process. One of the major factor that has fueled the market growth is the rise in demand for eco-friendly recycling techniques with the adoption of strict government regulations on harmful waste. Recycled gypsum is also extensively used to manufacture fresh plasterboards that minimize transportation cost, energy, and novel raw materials.
Also, when it comes to separating hazardous waste and treating recyclable materials, recycling companies has faced technological challenges from time to time. The gypsum recycling market is projected to grow slowly in the coming years because of the rising transportation costs and rewarding fees. The continuing initiatives in R&D, as well as management of landfill taxes and handling of rewarding fees, are also being implemented.
These activities are projected to provide opportunities for growth and a global surge in the gypsum recycling market in the forecast period. This has boosted the market growth in the coming years. The recycled gypsum is extensively used to manufacture fresh plasterboards, which, in turn, minimize transportation cost, energy, and novel raw materials. Also, the recycled gypsum risen from construction places has enhanced its applicability and water penetration.
One of the major factor that has fuelled the market growth over the forecast period is the rising demand for recycled gypsum from various end-use industries. Also, the rising end-use industries worldwide has created tremendous demand for recycled gypsum. One of the major factor that has restrain the market growth over the forecast period is the high recycling costs as well as technological challenges. The recycling organizations can face technological obstacles when segregating hazardous garbage and handling recyclable materials. This has hampered the market growth.
Global Gypsum Recycling Market- Segmental Analysis:
Waste Generation Insights
The construction segment has dominated the market growth over the forecast period. This is because of the use of gypsum recycling in the construction segment.
End-Use Insights
Cement additive segment has dominated the market growth over the forecast period. This is because gypsum recycling is used in the cement additive more than other segments.
Regional Insights
The Global Gypsum Recycling Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, South America, and Middle east and Africa. Among these, Asia Pacific has dominated the market growth over the forecast period. The major countries in the Asia Pacific include, China, Japan, India, Australia, South Korea, and ASEAN. This is because of the construction and architectural activities in residential buildings are rising because of the rise in disposable income.
Competitive Analysis
Some of the prominent companies operating in the market are New West Gypsum Recycling Limited, Saint-Gobain Construction Products UK Limited, Agri Marketing, Inc., EGRS Ltd, and FEECO International, Inc.
Global Gypsum Recycling Market- Segmental Analysis
Based on Waste Generation
· Manufacturing
· Reconstruction
· Construction
· Other
Based on End-Use
· Soil amendment
· Wastewater treatment
· Cement additive
· Roadways
· Other End-Use
Why to buy this Report?
The report provides quantitative and qualitative aspect for Global Gypsum Recycling Market in terms of value and volume, along with supporting market trends, challenges, restraints.
The report provides an in depth analysis from both Waste Generation Sizeion and consumption point of view at the regional and country level. Key Factors considered within the report scope are Waste Generation Sizeion capacity by countries/regions, average End Use, consumption ratio, revenue earned and gross margin.
The report provides competitive analysis of around 30-50 companies operated in Global Gypsum Recycling Market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:
• Business Model
• Waste Generation Sizeion Capacity, Revenue, Sales, Gross Margin
• Key Business Strategy
• SWOT Analysis
In terms of competitive landscape, the report provides distinctive factors that would help the Card Waste Generation Size in taking a key decision within the business:
• Company Share Analysis from 2020-2022
• Company Analysis by Revenue and Sales
• Company Waste Generation Size Capacity, Gross Margin
• Company Share Analysis by Card Waste Generation Size/Card Waste Generation Size
• Company Share Analysis by Waste Generation Size/Specification
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Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
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