Market Definition:

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 agricultural based countries.

Market Overview and Growth Factors:

North America was the second largest market in 2016 on account of growing use of fertilizers in the U.S. coupled with the rebounded construction activities.

The increasing demand for cement from the buildings & construction activities is projected to drive the Europe market.

The high production and exports of fertilizers in Brazil and Argentina are expected to fuel the market growth in Latin America.

The growing demand for the product from the infrastructural and construction activities in the GCC countries is expected to propel the market growth in the Middle East region.

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.),
ACG Materials (U.S.).
Market Segmentation:

Based on the type, the global anhydrite market is segmented into natural and synthetic. On the basis of the applications, the global anhydrite market is segmented into soil treatment, construction, fertilizers, industrial applications, drying agents, and others.

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. 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.

Regional Analysis:

Anhydrite Market Size 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.

Brazil and Argentina are the major exporters of fertilizers, thereby, driving the regional market of North America.

The infrastructural hub present in the GCC countries is expected to drive the demand for anhydrite over the assessment period in the Middle East region.