Fgd Gypsum Market Scope And Analysis

FGD Gypsum Market Report Scope

COVID-19 Impact: 

The COVID-19 pandemic adversely affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including the chemicals & materials industry. The shutdown of manufacturing units disturbed global supply chains, manufacturing activities, delivery schedules, and essential and nonessential product sales. Various companies reported delays in product deliveries and a slump in their product sales in 2020. Due to the pandemic-induced economic recession, consumers became cautious and selective in purchasing decisions. Nonessential purchases were significantly reduced by consumers due to lower incomes and uncertain earning prospects, especially in developing regions. Many manufacturers of FGD gypsum reported decline in profits due to reduced consumer demand during the initial phase of the pandemic. However, by the end of 2021, many countries were fully vaccinated, and governments announced relaxation in certain regulations such as lockdowns and travel bans. People started to travel to different places, which increased the demand for FGD gypsum. All these factors had a positive impact on the growth of the FGD gypsum market across different regions.

Competitive Landscape and Key Companies:

Georgia-Pacific LLC, Cez Energeticke Produkty SRO, EP Power Minerals GmbH, CASEA GmbH, Holcim Ltd, Knauf Gips KG, Travancore Titanium Products Ltd, Compagnie de Saint-Gobain SA, American Gypsum Co LLC, and National Gypsum Co are among the prominent players operating in the global FGD gypsum market. The players offer high-quality FGD gypsum and cater to many consumers in the global market.