Anhydrite Current Market Global Opportunities by Size, Share, Emerging Trends, Competitive Landscape and Regional Outlook 2019- 2023

Anhydrite Current Market Global Opportunities by Size, Share, Emerging Trends, Competitive Landscape and Regional Outlook 2019- 2023

“Anhydrite Current Market”
Global Anhydrite Market Information: By Type (Natural and Synthetic), Application (Soil Treatment, Construction, Fertilizers, Industrial, Drying Agents, and Others) And Region – Forecast Till 2023

Market Overview:

The global anhydrite market is segmented by type and application. Based on the type, the anhydride can be natural or synthetic. The synthetic type of anhydrite is extensively used in buildings & construction materials. It is a raw material required for the production of cement, plasters, and flooring. It is used as a binder in plaster and cement due to its extremely shrinkage and swelling values. Furthermore, it is also used as a filler in the production of plastics and paper products. The synthetic anhydrite is used as a source of sulfur in the production of sulphuric acid.

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The global anhydrite market is segmented into soil treatment, construction, fertilizers, industrial applications, drying agents, and others. The soil treatment accounts for around 35% of the market share and is likely to remain dominant owing to the lack of agricultural land and increasing food consumption demand. The increasing use of anhydrite in various other applications is expected to fuel the market growth further over the assessment period.

Competitive Analysis:

Some of the prominent players operating in the global anhydrite market are Solvay (Belgium), Vanich Gypsum Co. Ltd (Thailand), General Mining And Trading Co., Ltd (Thailand), USG Corporation (U.S.), Lafarge Holcim (France), Knauf Gips KG (Germany), Saint-Gobain SA (France), NATIONAL GYPSUM PROPERTIES, LLC (U.S.), Georgia-Pacific Gypsum LLC (U.S.), ANHYDRITEC (Cheshire), Mineralis Lucentum (Spain), Quzhou Zunlong Trading Co., Ltd. (China), Bisley & Company Pty Ltd. (Australia), BDH Gypsum (U.S.), and ACG Materials (U.S.).

Market Segmentation:

The global inorganic fluorides market is segmented into product and application. By the product, the market is segregated into hydrogen fluoride, ammonium hydrogen fluoride, calcium fluoride, sulfur hexafluoride, and others. Based on the application, the market is further segmented into the aluminum industry, oil & gas industry, pharmaceuticals, agrochemicals, and others.

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Market Scenario:

The global anhydrite market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific accounted for the major market share in 2016 owing to the growing industrialization and urbanization in developing countries such as China and India. The use of the product as a fertilizer is another driving factor of the market owing to the lack of cultivable land and presence of agriculturally based countries.

Regional Analysis:

Anhydrite market is spanned across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific was the largest region in the global anhydrite market in 2016 on account of the rapidly growing urbanization and industrialization in countries such as China, India, and others. Moreover, the demand for the product is rising for soil treatment, and fertilizer owing to the major agricultural countries present in this region. Countries such as Indonesia, South Korea, and Thailand are also significant exporters of fertilizers.

North America was the second largest region in the global anhydrite market in 2016 due to the growing use of fertilizers in the U.S. for crop production. The reviving construction sector in this region is another major factor influencing the market growth positively.

Europe is likely to witness a considerable growth on account of the growing demand for concrete from the building & construction sector in Western European countries. 

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