LOS ANGELES, March 11, 2019 (GLOBE NEWSWIRE) -- A new report published by QY Research titled, “Global Calcium Sulphate Market Research Report 2018,” offers key insights of the present and future market scenario of the calcium sulphate market during the assessment year 2018-2025. The global calcium sulphate market is experiencing steady growth since the past few years. As per the report, the global calcium sulphate market is expected to grow more than US$ 4,452.8 Mn by the end of 2025 from US$ 3,779.1 Mn in the year 2018. The market is growing with a sluggish CAGR of 2.37% throughout the predicted period.
Global Calcium Sulphate Market: Drivers and Restraints
Due to increasing investment in infrastructural activities in emerging economies and rising demand from end-use industries such as food, cosmetics, and pharmaceutical industries are some of the factors that are likely to fuel the growth of the global calcium sulphate market in the near future. Other factors such as rapidly increasing population around the world and rising water consumption will give a push to the water treatment industry, which turns to lead the demand for calcium sulphate throughout the forecasted period.
However, the various side effects are caused by the usage of calcium sulphate such as irregular bowel moment, intense abdominal pain, and nausea. This creates a negative impact on the growth of the global calcium sulphate market in the near future.
Global Calcium Sulphate Market: Forecast by Applications
On the basis of applications, the market is segmented into the Food Industry, Pharmaceutical Industry, and the Cosmetics Industry. The Food Industry is further segmented into confectionery, drinks, and dairy products. In the year 2018, the food industry holds the consumption share of 61.03%. Calcium sulphate is used in enriched flour and breads, artificially sweetened jellies and preserves, cereals, canned vegetables, baking powder, bread conditioners, and yeast foods. In the recent years, the Pharmaceutical industry is showing a significant market growth due to the use of calcium sulphate in the treatment of skin problems such as aging and tanning. Further, these are also used in the potential areas of anti-aging and skin whitening. The Pharmaceutical Industry segment is expected to increase at a moderate CAGR of 4.71% over the forecast period.
Global Calcium Sulphate Market: Forecast by Form
Based on form, the global calcium sulphate market is segmented into Food Grade and Pharma Grade. The demand for food grade is growing at a higher rate followed by Pharma Grade. This is due to the increasing use of food and beverages products as an additive. In terms of volume, Food Grade segment is expected to remain dominant in the global market for calcium sulphate and is likely to create an absolute $ opportunity of US$ 225.16 Mn throughout the projected period.
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Global Calcium sulphate Market: Key Takeaways
The key differentiation strategy is to be classified into distribution channels such as independent sports outlet, franchised sports outlet, modern trade channel, direct to customer institutional channel, direct to customer online channel, and third-party online channel.
Global Calcium sulphate Market: Forecast by Region
North America, China, Europe, Japan, Southeast Asia, and India are the six regions that are included in this report. China is the dominant market for calcium sulphate in terms of value. China is estimated to be valued at US$ 1047.68 Mn in the year 2018 and is expected to grow at a sluggish CAGR of 2.29% over the forecasted period. Europe is also expected to rise at a sluggish CAGR of 1.85% in terms of revenue during the anticipated period. This is due to the steadily increasing consumption in this region.
Global Calcium sulphate Market: Key Players
Some of the top companies operating into the global market for calcium sulphate are Leixin Gypsum, USG Corporation, Hubei Longyuan Gypsum, Knauf, Shuanghua Gypsum, Saint-Gobain, Jonoub Gypsum, ACG Materials, Diamond K Gypsum, and Yoshino.
USG Estimated to Post Q1, 2019 Earnings of $0.35 per Share
According to Zacks Investment Research, USG cut their Q1 earnings for the year 2019 on February 14. USG is a construction company and is anticipated to earn $0.35 per share for the quarter period down from the last quarter estimate of $0.41 per share. As per the SunTrust Banks, the USG’s quarter 2 2019 earnings is $0.48 earnings per share and the third quarter 2019 earnings are $0.56 earnings per share. The firm’s net profit is 5.88%, ROE is 11.65%. USG had revenue of $819.00 Mn for the period of a quarter as compared to the analyst estimation of $900.50 Mn.
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