Metal Suspended Ceilings Market Scope
Metal suspended Ceilings made up of metals consist of panels or tiles that hang a few inches below the main structural ceiling. It is not a permanent foundation but acts as a covering for a permanent solid ceiling. Modern lifestyle encourages the metal suspended ceilings to beautify and to give acoustic look to the area. The rise in commercialization helps to boost the use of metal suspending ceilings.
According to AMA, the Global Metal Suspended Ceilings market is expected to see growth rate of 5.7%To entice more end users, market players are focusing on providing metal suspended ceilings of higher quality while adhering to all regulatory standards. In the global metal suspended ceilings System market, there are numerous large and small-scale manufacturers. They are also concentrating on the implementation of numerous advanced technologies. Furthermore, the numerous industry profits have led to the entry of new players, raising the level of rivalry in an already competitive market. The metal suspended ceilings market is currently expanding due to the increasing number of individual incomes. Some of the key players in this market follow strategies, which include new product offerings, product approvals, partnerships and alliances, mergers and acquisitions, and business expansions. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Metal Suspended Ceilings market throughout the predicted period.
Armstrong Ceiling Solutions (United States), Saint-Gobain S.A. (France), Hunter Douglas N.V. (Netherlands), Odenwald Faserplattenwerk (Germany), Rockfon (United States), SAS International (United Kingdom), Shanghai Simon Co. Ltd. (China), Zhejiang Youpon (China), The Lindner Group (Germany), Architectural Surfaces, Inc. (United States), Gordon Incorporated (United States), USG Corporation (United States) and TECHNO Ceiling (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are nuCON (India) and Conwed Building Materials (United States).
Segmentation Overview
The study have segmented the market of Global Metal Suspended Ceilings market by Type (Ceiling and Grids), by Application (Commercial (Offices, Hotels, Hospitals, Others) and Residential (Home, Buildings, Others)) and Region with country level break-up.
On the basis of geography, the market of Metal Suspended Ceilings has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
The Use of Metal Suspended Ceilings in Hotels and Schools Are Rising As It Helps To Hide Sprinkler Systems by Not Affecting the Acoustic Look
Market Growth Drivers:
Increasing Number of Commercialization Sector Leads to the Growth of Metal Suspended Ceilings and The Increasing Demand for Metal Suspended Ceilings for Its High Durability As It Do Not Affected With Fungus
Challenges:
Metal Suspended Ceilings May Decoloured Eventually and Require Maintenance in Time to Time
Restraints:
Installation of Metal Suspended Ceilings Are Complicated
Opportunities:
Government in Different Countries Developing the Construction Sectors Is a Major Opportunity for Metal Suspended Ceilings
Market Leaders and their Expansionary Development Strategies
In April 2020, AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8) (“AURELIUS”) announces the completion of its acquisition of Armstrong Ceiling Solutions, the Armstrong ceiling tiles and grids businesses in Austria, Estonia, Germany, Ireland, Italy, Latvia, Lithuania, Portugal, Spain, Turkey, and the UK, jointly the Armstrong Ceiling Solutions Markets (the “ACS Markets”), from Knauf International GmbH (“Knauf”).
In February 2021, With the launch of its new FAST134 Program, Armstrong Ceiling & Wall Solutions is making its standard specialty ceiling and wall products available for shipment in four weeks or less. Focused on quick lead times, the new FAST134 Program offers lead times of one, three, and four weeks, depending upon which product is selected. Available for more than 40 specialty product lines, ranging from metal, wood, and felt to vertical elements, shapes, and walls, the program provides a variety of FAST options that are ideal for projects on a short timeline.
Shall comply with ASTM C635 and ASTM E580 Section 5.1. The ceiling grid system must be rated heavy duty per ASTM E580 Section 5.1.1 as defined by ASTMC635. Cross tees shall have a minimum load carrying capability of 16 pounds per linear foot per ASTM E580 Section 5.3.3. Main runners, cross runners, splices, expansion devices and intersection connectors shall be designed to carry a mean ultimate test load of not less than 180 pounds in compression and tension per ASTM E580 Section 5.1.2. Hanger and brace wires shall conform to ASTM A641 and the material properties required by IR 25-1: Maximum Allowable Load for Ceiling Wires. Hanger and brace wires shall be #12-gauge (0.106-inch diameter) or larger.
Key Target Audience
New Entrants/Investors, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Government Regulatory and Research Organizations, End Use Industry and Metal Suspended Ceilings Manufacturers
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.