Synthetic gypsum, a by-product of industrial processes, is steadily taking over the market from its natural counterpart. Boasting environmental friendliness, consistent quality, and rising demand across construction, agriculture, and other sectors.
Market Share Factors and Strategies:
Several factors influence a player's market share in this dynamic market:
Strategies Adopted by Key Players:
To gain an edge in this competitive landscape, players are adopting various strategies:
Market Players
The players in the synthetic gypsum market include LafargeHolcim (Switzerland), NATIONAL GYPSUM (US), Knauf Gips KG (Germany), American Gypsum (US), Georgia-Pacific Gypsum LLC (US), Synthetic Materials (US), PABCO Gypsum (US), Saint-Gobain (France), Gyptec IBÉRICA (Portugal), FEECO International, Inc. (US), and CONTINENTAL BUILDING PRODUCTS (US).
Recent Developments:
August 2023: Saint-Gobain announces collaboration with a leading FGD technology provider to optimize gypsum production from cement plants, aiming to expand their synthetic gypsum offerings.
September 2023: National Gypsum invests in a new synthetic gypsum processing facility in Mexico, targeting the growing construction market in the region.
October 2023: LafargeHolcim unveils a partnership with a waste management company to utilize phosphogypsum, a by-product of the fertilizer industry, for synthetic gypsum production.
November 2023: Knauf Gips KG launches a new line of ultra-lightweight synthetic gypsum plasterboards for energy-efficient building solutions.
Synthetic Gypsum Market Highlights:
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