Gypsum Recycling market is expected to grow at a considerable rate by 2030, with a growing CAGR (Compound annual growth rate) of over 7.2% over 2022-2030.
Gypsum is mostly utilised as a plaster in the construction and building sector. Gypsum recycling is a market that is predicted to increase significantly during the forecast period, especially for manufacturers.
Gypsum waste disposal frequently releases hazardous gases at building sites that smell bad and are bad for the environment. Additionally, it emits a substance called sulphur dioxide, which causes acid rain. As a result, manufacturers must recycle gypsum through efficient management methods.
Gypsum recycling also contributes to reduced emissions and low power consumption as a result of ongoing production practises.
Numerous end-use industries, including soil amendment, wastewater treatment, cement addition, roads, and construction and building, can greatly benefit from recovered gypsum. This will likely increase demand for the gypsum recycling market throughout the course of the projected period. Rising demand for environmentally friendly recycling methods along with the adoption of strong government laws on dangerous waste is one of the main reasons propelling the growth of the gypsum recycling market. Gypsum waste is often employed in the production of new plasterboards, which reduces the requirement for new raw materials, energy, and transportation costs. Additionally, the recycled gypsum obtained from construction sites improves its water penetration and applicability.
Segmentation Analysis of Global Gypsum Recycling market:
Based on waste generation
- Manufacturing
- Reconstruction
- Construction
- Other
Based on end user
- Soil amendment
- Wastewater treatment
- Cement additive
- Roadways
- Other end-user
Asia-Pacific is expected to hold the largest market share
North America, Europe, Latin America, Asia Pacific, and Middle East and Africa are the major regions constituting the geographical landscape of This market. Asia-Pacific dominates the market with the largest market share among others.
Competitive Landscape:
The Key players in the Global Gypsum Recycling Market are New West Gypsum Recycling Limited, Saint-Gobain Construction Products UK Limited, Agri Marketing, Inc., EGRS Ltd, and FEECO International, Inc.
Major questions answered in this report:
- What is the growth rate of this Market?
- What are the primary growth determinants of this market?
- Which are the major regions constituting the geographical landscape of this Market?
- Which are the prominent companies operating in This Market?
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