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Analysis of the current situation and development prospects of the global gypsum industry market in 2021

author:China Powder Technology Network

The 2021 Green Mine Science and Technology Award (non-metallic ore, mineral material related fields) application work is organized and reviewed by the Zhongguancun Green Mine Industry Alliance Non-metallic Mine Special Committee, please pay attention to the V letter public number "Powder Technology Network".

  The world's gypsum resources are rich, widely distributed, has more than 100 countries and regions to explore the gypsum reserves, according to the United States Geological Survey statistics, is a high resources rich in reserves of the country mainly: Russia, Iran, China, Brazil, the United States, Canada, etc., other gypsum resources reserves of larger countries are Mexico, Spain, France, Thailand, Australia, India and the United Kingdom.

  

  According to the US Geological Bureau, the global gypsum reserve resources fluctuated in 2014-2020, reaching 2.06 billion tons in 2017, followed by about 1.73 billion tons in 2018-2019; and the global gypsum reserves reached 2.19 billion tons in 2020.

  Gypsum production is relatively stable

  Gypsum is a mineral resource that takes time to form. In recent years, gypsum production has basically remained at about 1.4 billion tons. Global gypsum production in 2019 was 1.4 billion tonnes, down 2.1% year-on-year. The demand for gypsum is mainly dependent on the activities of the construction industry, and the construction of wall panel manufacturing plants using synthetic gypsum from coal-fired flue gas desulfurization units has reduced the amount of natural gypsum mined. However, the supply of cheap natural gas limits the additional construction of flue gas desulfurization units and therefore also limits the use of synthetic gypsum in wall panels. Despite production disruptions caused by the COVID-19 pandemic in early 2020, the economy recovered slowly by the second quarter of 2020, with preliminary estimates of annual gypsum production at around 1.5 billion tonnes.

  From the perspective of gypsum production in major countries, the world's largest gypsum producer is the United States. In the United States, gypsum deposits are distributed in 22 states, with a total of 69 mines, the largest produced in Fort Dodge, Ayawa. In 2019, the Gypsum production in the United States was 200 million tons; followed by China and Iran, with gypsum production of 160 million tons; and third, in Turkey, gypsum production was 100 million tons, accounting for more than 44% of the total in 4 countries worldwide.

  The market size of the gypsum industry will continue to grow

  From the perspective of gypsum production capacity, in recent years, the european gypsum industry capacity expansion is relatively slow, with the industrial by-product gypsum, especially the supply of flue gas desulfurization gypsum in coal-fired power plants decreases, countries will pay more and more attention to the investment in natural gypsum equipment. In addition, the importance of regenerated gypsum will also increase.

  The demand for gypsum is directly related to the growth of the construction sector, especially the commercial sector and the residential sector. Both advanced and emerging markets are expected to see a significant recovery in construction spending, a rising demand for high-quality housing and better living conditions, large-scale industrialization, and government policy support in major markets, which will drive this gypsum market in the short and medium term. According to Global Info Research, global gypsum revenue is about $16.05 billion in 2020 and is expected to reach $19.8 billion in 2026, with a compound annual growth rate of 4.3% between 2021 and 2026.

  Source: Forward-looking Economist

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