Report : US Ceiling Grid System Market to 2027 - Country Analysis and Forecasts by Material Used (Aluminum, Steel, Others)
Ceiling grids are gaining significant popularity in commercial construction. The market for ceiling grid is directly proportional to the increasing construction and reconstruction of commercial infrastructure. The ceiling grids market has gained significant popularity in US market, owing to noteworthy demand from the commercial buildings such as office space, conference halls, and others.
Attributing to the low entry barriers to the market, several tier-2 and tier-3 companies are entering the market, and thereby, increasing the competitiveness of the market. With the constantly increasing number tier-2 and tier-3 companies, several well-established and industry recognized players are acquiring these local players in order to expand their operations, product offerings, customer base and annual sales.
The uprising trend of adoption of ceiling grid for new construction and renovation of old buildings are proving to be key influential factors for the growth of ceiling grid market in the present scenario in US. Similar trend is anticipated to catalyze the demand for ceiling grid in the forthcoming years. Additionally, the US construction industry is also witnessing an upward trend in the renovation and reconstruction activities, which is leading the builders and constructors to opt for ceiling grid. This factor is also helping the market to propel over the years.
Several well-established and financially balanced companies in the US are undertaking initiatives to boost their business by establishing newer office space with advanced technologies. In order to build the newer office space more attractive, these companies are spending significant amounts towards ceiling, floor, and other areas of the office space. The rise in spending towards ceiling building is catalyzing the procurement of increased volume of ceiling grid system, which is driving the market. Additionally, renovation and retrofitting activities are also witnessed in the US among the high-end offices, which is also a key catalyzer for ceiling grid system market
The vendors are highly focused to offer innovative and high quality grids to meet the demand from customers. Vendors are witnessing high demand for fire-rated, acoustic, wind loading, and seismic design ceiling grids. The key players operating in US market are Armstrong World Industries, Acoustic Ceiling Products, Saint-Gobain SA, Gordon Incorporated, TATE Access Floors Inc., Acoufelt, Rockfon, CeilingLink, USG Corporation, and Strictly Ceilings.
US Ceiling Grid System Market - Material Used Breakdown, 2019
