Calcium sulphate, also known as gypsum, is a soft sulfate mineral composed of calcium sulfate dihydrate, with the chemical formula CaSO4·2H2O. It is widely used as a building material for partition walls, ceiling boards and other construction applications due to its fire retardant and sound insulation properties. Gypsum plays a critical role in the construction of internal walls and partitions as it is light weight and easy to cut into shapes. The rising commercial and residential construction across the world is driving substantial demand for gypsum-based products. The global calcium sulphate market is estimated to be valued at US$ 1.91 Bn in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:
The rising construction activities remains a key driver fueling growth of the global calcium sulphate market over the forecast period. According to the Global Construction Perspectives and Oxford Economics, the global construction output is projected to grow by 85% to hit USD 15.5 trillion by 2030. Rapid urbanization coupled with rising disposable incomes is expected to boost residential construction in developing nations. Further, government investments towards infrastructure development of roads, railways, and buildings will support market growth. Along with this, superior properties of calcium sulphate such as fire resistance, lightweight, and sound insulation are increasing its adoption in the construction industry. However, availability of substitutes of calcium sulphate may hamper the market growth.

SWOT Analysis
Strength: Calcium sulphate has wide applications in various industries such as agriculture, construction, pharmaceuticals, and others which drives its demand. It acts as a soil conditioner and improves nutrient availability for plants. Calcium sulphate can be naturally occurring or manufactured, which provides versatility in supply. Weakness: Fluctuations in raw material prices directly impact the production cost of calcium sulphate. Substitute products like calcium chloride and potassium sulphate pose competition. High transportation costs associated with bulk shipments can reduce profits.
Opportunity: Increasing construction of commercial and residential buildings in developing nations boosts the need for plaster of Paris and anhydrite used in wallboards and ceilings. Rising demand for nutritional supplements widens scope for usage of calcium sulphate in pharmaceutical applications.
Threats: Stringent regulations regarding mining and land usage for extraction poses challenges. Economic slowdowns can lower demand from end-use industries.

Key Takeaways
The global calcium sulphate market demand is expected to witness high growth. The market size is projected to reach US$ 1.91 billion by 2023 from US$ 1.56 billion in 2023, expanding at a CAGR of 6.0% during the forecast period.
The Asia Pacific region dominates the global calcium sulphate market and is expected to maintain its leading position during the forecast period. This is attributed to high economic growth and rising infrastructure development activities in China, India, and other developing nations. China accounted for over 30% of the global demand in 2023 owing to extensive calcium sulphate usage in the construction industry. Europe and North America are other major regions due to healthy construction sectors and manufacturing bases for wallboard, cement, and pharmaceutical industries.
Key players operating in the calcium sulphate market are Samsung, Apple Inc., Microsoft Corporation, Mozo Accessories, iLuv Creative Technology, Energizer, Case-mate, and Muvit. Samsung captures a major share of the electronics accessories market including power banks. Apple also has a wide product line along with strong brand recognition worldwide. Microsoft focuses on software and related products like Surface series for the calcium sulphate industry.

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