Synthetic Gypsum Market

The synthetic gypsum market size is projected to grow from USD 1.4 billion in 2024 and is projected to reach USD 1.8 Billion by 2030, at a CAGR of 4.3%. The global sodium hydroxide market is anticipated to witness substantial growth during the forecast period. This growth is because of rising demand in construction and agriculture industries where synthetic gypsum is used instead of natural gypsum due to cost-effectiveness. Another factor enhancing the market growth is the environmental legislations that encourage the utilization of industrial by products and wastes. Moreover, the growth in the construction industry and the awareness about sustainable building materials and the benefits of synthetic gypsum in enhancing soil quality and yield of crops has been propelling the demand for synthetic gypsum across the world

The key market players are The Sodium hydroxide market comprises key manufacturers such as are Knauf Group (Germany), Holcim Group (Switzerland), Saint-Gobain SA (France), Georgia-Pacific Gypsum LLC (US), Etex Group (Belgium), National Company Gypsum Services (US), James Hardie Industries Plc. (Ireland), Synthetic Materials (US), Yoshino Gypsum Co., Ltd. (Japan), and American Gypsum Company, LLC (US) among others. These players have adopted various strategies, such as merger & acquisition, investment & expansion, new product launch, and contract & agreement between 2018 and 2024, to enhance their market shares and expand their global presence.

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Knauf Group, founded in 1932 and headquartered in Iphofen, Germany, is a multinational, family-owned company. The company is divided into four core divisions, each focusing on specific aspects of the construction and insulation industry. The Knauf division offers efficient drywall, plaster, façade, and flooring systems made of gypsum, providing unlimited design options. Knauf Insulation focuses on energy-efficient, sustainable insulation solutions from Glass Mineral Wool, Rock Mineral Wool, and Wood Wool. Knauf Ceiling Solutions provides modular ceiling solutions that are designed for both design and functionality. Knauf Industries delivers high-quality packaging, protection, insulation solutions, and molded technical components.

Knauf Group is a major producer of drywall gypsum boards widely used in construction. The company's Knauf division offers a range of products made from gypsum, including drywall systems, plasters, and façade systems. Knauf's synthetic gypsum business is primarily housed within its core Knauf division. In April 2019, Knauf completed the acquisition of USG, after which USG Boral Building Products Pty Limited became known as Knauf Gypsum Pty Ltd. With a global footprint, Knauf Group operates in over 90 countries and boasts over 300 production sites worldwide. Knauf Gips, the core of the group, remains headquartered in Iphofen, Germany.

Holcim Group, a prominent global leader in sustainable building solutions, operates in about 60 countries worldwide, employing about 63,000 individuals. The company was established in 2015 following the merger of Holcim and Lafarge, and in 2021, it adopted the name Holcim Group. Lafarge, a key division within Holcim Group, specializes in offering a range of gypsum products under its brand name. These gypsum solutions from Lafarge are widely utilized in the construction industry for their versatility, ease of installation, and ability to create seamless finishes. They are readily available in markets across Holcim's operational footprint, enriching the group's comprehensive portfolio of building materials and innovative construction solutions.

 Saint-Gobain SA manufactures and supplies a wide range of construction and building materials, offering solutions for both interior and exterior applications. Its product portfolio includes flat glass, ceramic materials, abrasives, and performance plastics. Saint-Gobain is renowned for its gypsum brands, such as Gyproc, Placo, Rigips, British Gypsum, and CertainTeed, which provide various gypsum-based building materials from plasters to plasterboards and ceilings. it also offers solutions like wall corner protections, plasterboard jointing, and metal frames. Saint-Gobain utilizes both natural gypsum extracted from its own quarries as well as synthetic gypsum produced as an industrial byproduct to manufacture its diverse portfolio of gypsum-based construction products and solutions.

The company operates across five key segments: High Performance Solutions, Northern Europe, Southern Europe – Middle East (ME) and Africa, Americas, and Asia Pacific, with a presence in over 75 countries as of December 31, 2023.

In 2013, Lafarge (now part of the Holcim Group) sold its North American gypsum operations to an affiliate of Lone Star Funds for USD 700 million, leading to the establishment of Continental Building Products LLC. Later, Saint-Gobain acquired Continental Building Products (CBPX) in November 2019 for about USD 1.4 billion (EUR 1.3 billion). This acquisition was aimed at strengthening Saint-Gobain's growth and profitability in the market

• On October 2023, Georgia-Pacific officially opened its new USD 325 million gypsum wallboard production facility in Sweetwater, Texas. The facility, equipped with state-of-the-art technology, is expected to produce more than 1 billion square feet of gypsum products annually in conjunction with Georgia-Pacific's existing Sweetwater facility. This investment aims to meet the growing demand for construction materials in Texas and create more than 100 new jobs.
• On July 2023, Saint-Gobain unveiled a USD 235 million investment strategy aimed at expanding and modernizing its CertainTeed gypsum manufacturing facility in Palatka, Florida. This initiative is set to significantly increase the plant's production capacity and enhance its energy efficiency over the next two years.
• On April 2023, Saint-Gobain started 100% decarbonized production of plasterboard at its Fredrikstad plant in Norway. This was achieved by switching from natural gas to hydroelectric power, and modernizing the plant to improve heat recovery and process efficiency. This resulted in a 30% reduction in energy consumption and a 40% increase in production capacity.
• On June 2022, Saint-Gobain's subsidiary CertainTeed LLC is enhancing its Palatka, Florida gypsum plant with USD 1.1 million in new recycling technology. This upgrade is expected to boost recycled content in wallboard products by 18,000 tons annually and cut carbon dioxide emissions by 2,260 tons per year.
• In June 2022 Saint-Gobain's subsidiary CertainTeed LLC is enhancing its Palatka, Florida gypsum plant with USD 1.1 million in new recycling technology. This upgrade is expected to boost recycled content in wallboard products by 18,000 tons annually and cut carbon dioxide emissions by 2,260 tons per year.

Related Reports:

Synthetic Gypsum Market by Type (FGD Gypsum, Phosphogypsum, Citrogypsum, Fluorogypsum), Application (Cement, Building Materials, Gypsum Board, Soil Amendments, Dental), & Region - Global Forecast to 2030

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