The Middle East & Africa FGD gypsum market was valued at US$ 196.04 million in 2022 and is expected to reach US$ 271.73 million by 2030; it is estimated to grow at a CAGR of 4.2% from 2022 to 2030.
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.
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.
Reasons to Buy
Circular Economy and Waste Management fuel the Middle East & Africa FGD Gypsum Market
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.Middle East & Africa FGD Gypsum Market Overview
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.
Middle East & Africa FGD Gypsum Market Revenue and Forecast to 2030 (US$ Million)
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.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa FGD gypsum market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa FGD gypsum market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa FGD gypsum market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Middle East & Africa FGD Gypsum Market Landscape
5. Middle East & Africa FGD Gypsum Market - Key Industry Dynamics
6. FGD Gypsum Market - Middle East & Africa Market Analysis
7. Middle East & Africa FGD Gypsum Market Analysis - Application
8. Middle East & Africa FGD Gypsum Market - Country Analysis
9. Competitive Landscape
10. FGD Gypsum Market Industry Landscape
11. Company Profiles
List of Tables
List of Figures
Companies Mentioned
- CASEA GmbH
- Holcim Ltd
- Knauf Gips KG
- Compagnie de Saint-Gobain SA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 63 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value in 2022 | 196.04 Million |
| Forecasted Market Value by 2030 | 271.73 Million |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Africa, Middle East |
| No. of Companies Mentioned | 4 |
