Global Suspended Ceiling Systems Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Suspended Ceiling Systems can be defined as dropped ceilings, or false ceilings are secondary ceilings suspended from a structural floor slab. These ceilings create an empty space between the underside of the floor slab and the top of the suspended ceiling. The application of suspended ceilings offers several advantages such as resist moisture, improves insulation of building, improves sound proofing, clean, smooth finish to the internal ceiling by hiding wiring of HVAC systems. The rising heating, ventilation, and air conditioning (HVAC) industry worldwide and increasing demand for acoustic insulation solutions as well as recent partnership activities are factors that are accelerating the global market demand. For instance, according to Statista - in 2020, the global market for heating, ventilation, and air conditioning (HVAC) was estimated at USD 250.67 billion, and this amount is projected to grow to USD 367.5 billion by end of 2030. Furthermore, in January 2021, Salt Lake City, US based Subzero Engineering and Pennsylvania based Armstrong World Industries (AWI), entered in a strategic relationship. Under this partnership Subzero Engineering and AWI work towards development of containment and structural ceiling solution for data centers. Also, growing industrialization in emerging economies and rising advancements in ceiling solutions are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, loss of headroom due to application of suspended ceiling systems impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Suspended Ceiling Systems Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and growing commercial construction in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing industrialization and increasing penetration of leading market players in the region, would create lucrative growth prospects for the global Suspended Ceiling Systems Market across the Asia Pacific region.
Major market players included in this report are:
AWI
Knauf
SAS International
USG
Menards
Chicago Metallic Corporation
CertainTeed
Rockfon
Chicago Metallic
Saint-Gobain
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type
Mineral Wool
Metal
Gypsum
By Product Type
Ceiling
Grids
By End-user Industry
Commercial Construction
Residential Construction
Industrial Construction
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Suspended Ceiling Systems Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Global Suspended Ceiling Systems Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Global Suspended Ceiling Systems Market, by Material Type, 2020-2028 (USD Million)
- 1.2.3. Global Suspended Ceiling Systems Market, by Product Type, 2020-2028 (USD Million)
- 1.2.4. Global Suspended Ceiling Systems Market, by End-user, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Suspended Ceiling Systems Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Suspended Ceiling Systems Market Dynamics
- 3.1. Suspended Ceiling Systems Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing heating, ventilation, and air conditioning (HVAC) industry worldwide.
- 3.1.1.2. Increasing demand for acoustic insulation solutions.
- 3.1.1.3. Recent partnership activities.
- 3.1.2. Market Challenges
- 3.1.2.1. Loss of headroom due to End-user of suspended ceiling systems.
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing industrialization in emerging economies.
- 3.1.3.2. Rising advancements in ceiling solutions.
Chapter 4. Global Suspended Ceiling Systems Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Suspended Ceiling Systems Market, by Material Type
- 6.1. Market Snapshot
- 6.2. Global Suspended Ceiling Systems Market by Material Type, Performance - Potential Analysis
- 6.3. Global Suspended Ceiling Systems Market Estimates & Forecasts by Material Type 2018-2028 (USD Million)
- 6.4. Suspended Ceiling Systems Market, Sub Segment Analysis
- 6.4.1. Mineral wool
- 6.4.2. Metal
- 6.4.3. Gypsum
Chapter 7. Global Suspended Ceiling Systems Market, by Product Type
- 7.1. Market Snapshot
- 7.2. Global Suspended Ceiling Systems Market by Product Type, Performance - Potential Analysis
- 7.3. Global Suspended Ceiling Systems Market Estimates & Forecasts by Product Type 2018-2028 (USD Million)
- 7.4. Suspended Ceiling Systems Market, Sub Segment Analysis
- 7.4.1. Ceiling
- 7.4.2. Grids
Chapter 8. Global Suspended Ceiling Systems Market, by End-user
- 8.1. Market Snapshot
- 8.2. Global Suspended Ceiling Systems Market by End-user, Performance - Potential Analysis
- 8.3. Global Suspended Ceiling Systems Market Estimates & Forecasts by End-user 2018-2028 (USD Million)
- 8.4. Suspended Ceiling Systems Market, Sub Segment Analysis
- 8.4.1. Commercial Construction
- 8.4.2. Residential Construction
- 8.4.3. Industrial Construction
Chapter 9. Global Suspended Ceiling Systems Market, Regional Analysis
- 9.1. Suspended Ceiling Systems Market, Regional Market Snapshot
- 9.2. North America Suspended Ceiling Systems Market
- 9.2.1. U.S. Suspended Ceiling Systems Market
- 9.2.1.1. Material Type estimates & forecasts, 2018-2028
- 9.2.1.2. Product Type estimates & forecasts, 2018-2028
- 9.2.1.3. End-user estimates & forecasts, 2018-2028
- 9.2.2. Canada Suspended Ceiling Systems Market
- 9.3. Europe Suspended Ceiling Systems Market Snapshot
- 9.3.1. U.K. Suspended Ceiling Systems Market
- 9.3.2. Germany Suspended Ceiling Systems Market
- 9.3.3. France Suspended Ceiling Systems Market
- 9.3.4. Spain Suspended Ceiling Systems Market
- 9.3.5. Italy Suspended Ceiling Systems Market
- 9.3.6. Rest of Europe Suspended Ceiling Systems Market
- 9.4. Asia-Pacific Suspended Ceiling Systems Market Snapshot
- 9.4.1. China Suspended Ceiling Systems Market
- 9.4.2. India Suspended Ceiling Systems Market
- 9.4.3. Japan Suspended Ceiling Systems Market
- 9.4.4. Australia Suspended Ceiling Systems Market
- 9.4.5. South Korea Suspended Ceiling Systems Market
- 9.4.6. Rest of Asia Pacific Suspended Ceiling Systems Market
- 9.5. Latin America Suspended Ceiling Systems Market Snapshot
- 9.5.1. Brazil Suspended Ceiling Systems Market
- 9.5.2. Mexico Suspended Ceiling Systems Market
- 9.6. Rest of The World Suspended Ceiling Systems Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. AWI
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Knauf
- 10.2.3. SAS International
- 10.2.4. USG
- 10.2.5. Menards
- 10.2.6. Chicago Metallic Corporation
- 10.2.7. CertainTeed
- 10.2.8. Rockfon
- 10.2.9. Chicago Metallic
- 10.2.10. Saint-Gobain
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption