Manufacturing & Construction

KNAUF

Company Profile Analysis

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KNAUF - Manufacturing & Construction showcase

Year Founded & Workforce

1931-12-31

26,559 Employees

Industry

Manufacturing & Construction

Services

K

KNAUF Overview

Company Headquarters: Germany

Founded: 1932

Workforce: ~26,559

Company Working: Knauf Is a leading producer of building materials and construction systems. It offers materials for drywall construction such as plasterboard, mineral fiber acoustic board, dry mortar with gypsum for internal plaster, cement-based external plaster, and insulating materials, including glass wool and mineral wool. The company has two business divisions, namely, Knauf industries and Knauf insulation. Knauf industries deliver safety packaging material, technical components, and insulation in foam molding, thermoforming, and plastic injection molding. Knauf insulation covers insulation materials, including mineral wool board products. The division also offers modern drylining systems, plasters and accessories, thermal insulation composite systems, paints, floor screed, floor systems, and construction equipment and tools.

Knauf has 250 production facilities and sales organizations across almost 86 countries worldwide.

Strategy

Knauf aims to be a leader in offering panel board material and drywall construction products. The company focuses on acquisitions and mergers to diversify its product portfolio and expand its presence in the global mineral wool steel sandwich panel market.

Company Snapshot

26,559

Employees

1931-12-31

Founded

Germany

Headquarters

SWOT Analysis

Strengths

  • Diverse range of gypsum and drywall construction products
  • Strong presence in Europe
  • High cash reserves

Weaknesses

  • Fluctuations in segmental revenue
  • Dependence on parent organisation

Opportunities

  • Expansion through strategic mergers and acquisitions
  • Scope for increasing its presence in the Americas

Threats

  • Fluctuating raw material prices
  • Increasing competition

Key Developments

DateApproachDevelopment
August 2019Joint VentureKnauf and Boral Ltd, an Australia-based construction material and building product supplier, formed a joint venture to sell plasterboard in Asia. This joint venture helped increase the presence of bot the companies in APAC
September 2019AcquisitionKnauf acquired the EMEA and Pacific Rim businesses of Armstrong World Industries, Inc. The acquisition created growth opportunities through Knauf’s investment and innovation in mineral fiber ceilings. This acquisition also helped expand its capabilities in the architectural specialty ceiling and walls categories

Product Offering

  • KNAUF
    • ROCK MINERAL WOOL

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About the Author

Wantstats Research Team

Wantstats' research desk profiles KNAUF as part of our ongoing coverage of the Manufacturing & Construction sector, drawing on public company data, filings, and market intelligence.

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Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

KNAUF

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