Gypsum mining including mining of gypsum and its
compounds that are used in manufacture of wallboard, cement, plaster of Paris,
soil conditioning, a hardening retarder in portland cement.
The global gypsum mining market was valued at $2
billion in 2017. Among regional markets, Asia
Pacific was the largest geographic region accounting for more than one-third of
the global market. The market saw a growth as new 3D mapping technology is
being adopted by gypsum mining companies to create digital maps of underground
mines. 3-D mapping systems provide significant improvements in mine safety and
automatically map and measure production. Companies like Rio Tinto are
utilizing the 3D mapping technology to improving the way they dig up
commodities as well as cut cost.
The market in the report is segmented into:
wallboard, ceiling board, pre-decorated board and others.
The USA was the largest country in the market, accounting
for one-fifth of the global gypsum mining market share. This can be
attributed to the country’s economic power, abundant mineral resources,
increased energy demand, and high government and private expenditure in the
manufacturing industry. The USA was followed by China and India as the next
largest countries in the market.
The top five competitors in the market
are USG followed by Beijing New Building Materials Public Limited Company,
Knauf, Boral and St Gobain. USG stands for United States Gypsum Corporation. It
is an American company which manufactures construction materials, most notably
drywall and joint compound. The company is the largest distributor of wallboard
in the United States and the largest manufacturer of gypsum products in North
America. The company is headquartered in Chicago, Illinois, USA.
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