
Middle East & Africa FGD Gypsum Market
No. of Pages: 63 | Report Code: BMIRE00029098 | Category: Chemicals and Materials
No. of Pages: 63 | Report Code: BMIRE00029098 | Category: Chemicals and Materials
Increasing environmental awareness and concerns have propelled the efficient usage of construction materials with low environmental impact. FGD gypsum is gaining popularity as a sustainable, environment-friendly alternative in the construction industry. Therefore, it is used in various construction materials such as drywall, cement, and concrete. Generally, gypsum makes up nearly 90% of the weight of a sheet of a drywall panel. Further, the trending sustainable construction practices and rising focus on green building certifications would boost the demand for FGD gypsum in the coming years. Moreover, the need for manufacturing FGD gypsum using FGD systems has increased due to the implementation of regulations by governments to reduce sulfur dioxide emissions from power plants and industrial processes. The concept of circular economy promotes the recycling and reuse of materials, which is further influencing the FGD gypsum demand. The manufacturers are encouraged to increase the production of FGD gypsum, in response to the global focus on sustainable development and circular economies.
A rise in demand of construction materials due to surge in infrastructural projects, sustainable construction and industrialization in the region, are driving the demand for construction and building materials. The construction of commercial infrastructure has upsurged in the region due to the growing tourism industry and the rising immigrant population. The rising urban population has increased the construction of private residential buildings in semi-urban and urban cities, prompting governments to invest in the building & construction industry. In ten years, the UAE government has invested extensively in airport developments and expansion projects, namely US$ 8.1 billion in Al Maktoum International Airport in Dubai, US$ 7.6 billion in the Dubai International Airport Expansion Phase 4, US$ 6.8 billion in Abu Dhabi Airport development and expansion plans, and around US$ 400 million in Sharjah’s International Airport terminal expansion.
The growing need for residential and commercial buildings in the region is expected to create lucrative opportunities for the wallboard, drywall, cement, and other building materials in the Middle East & Africa. Growth in construction activities across the region and increasing government spending on infrastructure development through programs such as Saudi Vision 2030 and Abu Dhabi Economic Vision 2030 is boosting the demand for drywall panels thus positively impacting FGD gypsum market.
Strategic insights for the Middle East & Africa FGD Gypsum provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 196.04 Million |
Market Size by 2030 | US$ 271.73 Million |
Global CAGR (2022 - 2030) | 4.2% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Application
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
The geographic scope of the Middle East & Africa FGD Gypsum refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Middle East & Africa FGD Gypsum Market Segmentation
The Middle East & Africa FGD gypsum market is segmented based on application and country. Based on application, the Middle East & Africa FGD gypsum market is segmented into wallboard/drywall, cement, agriculture, water treatment, and others. The wallboard/drywall segment held the largest market share in 2022.
Based on country, the Middle East & Africa FGD gypsum market is segmented into South Africa, Saudi Arabia, the UAE, the Rest of Middle East & Africa. South Africa dominated the Middle East & Africa FGD gypsum market share in 2022.
CASEA GmbH, Holcim Ltd, Knauf Gips KG, and Compagnie de Saint-Gobain SA are some of the leading players operating in the Middle East & Africa FGD gypsum market.
The Middle East & Africa FGD Gypsum Market is valued at US$ 196.04 Million in 2022, it is projected to reach US$ 271.73 Million by 2030.
As per our report Middle East & Africa FGD Gypsum Market, the market size is valued at US$ 196.04 Million in 2022, projecting it to reach US$ 271.73 Million by 2030. This translates to a CAGR of approximately 4.2% during the forecast period.
The Middle East & Africa FGD Gypsum Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa FGD Gypsum Market report:
The Middle East & Africa FGD Gypsum Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa FGD Gypsum Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa FGD Gypsum Market value chain can benefit from the information contained in a comprehensive market report.