Anhydrite Market Size, Share, Industry Trends, Demand, Analysis & Forecast to 2023
Added: (Tue Mar 19 2019)
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Anhydrite is used in various applications such as soil treatment, construction, fertilizers, industrial, drying agents, and others. The soil treatment application segment is driving the global market due to its higher solubility and calcium content, which is highly useful for maintaining the fertility of the soil. The use of anhydrite in the construction sector for production of Autoclaved Aerated Concrete (AAC) is another major driver of the global market and is expected to fuel the growth further in coming years.
For instance, Resource Conservation and Recovery Act by the U.S. Environmental Protection Agency has created a framework for the proper management of hazardous and non-hazardous solid waste, which is likely to propel the demand for anhydrite for soil treatment. This growth can be attributed to the growing infrastructure and construction activities across the globe coupled with high disposable income.
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Anhydrite is anhydrous calcium sulfate, which occurs in extensive layered deposits in sedimentary basins. The evaporite deposits of halite, gypsum, and limestone in thick accumulations consist of anhydrite.
Anhydrite is a potential replacement of gypsum because of these properties. It is used to neutralize the polluted soil to prevent pollution, which is another major factor inspiring use of anhydrite instead of gypsum. The lack of arable land and the rising demand for soil treatment for cultivation and agriculture purposes are likely to propel the market growth. Some of the government initiatives pertinent to soil conservation are expected to influence the market demand positively.
Key Players and Competition 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.).
Segmentation Analysis
The global Anhydrite market is segmented by type and application. Based on the type, the global market is segmented into natural and synthetic. The various applications of anhydrite include soil treatment, construction, fertilizers, industrial applications, drying agents, and others.
Regional Analysis
Anhydrite market is spanned across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. 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.
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.
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. The reviving construction sector in this region is another major factor influencing the market growth positively. 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.
Browse the market data and information spread across 133 pages with 33 data tables and 12 figures of the report “Anhydrite Market Research Report - Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/anhydrite-market-1618
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