Gypsum Suspended Ceiling Market is valued at $ 10.5 billion by 2022, with an CAGR of 7% between 2017 and 2022 Gypsum suspended ceiling market is growing due to the increasing awareness about its environmental benefits, increasing government regulations in various industries, and increase in construction activities. The report provides insights on the business strategies adopted by these top players and offers competitive analysis of their products.
What is Gypsum Suspended Ceiling?
Gypsum suspended ceiling market is estimated to be worth US$ 10.5 Mn by 2021, according to a new report titled “Gypsum Suspended Ceiling Market Research Report 2020” released . The gypsum suspended ceiling market is expected to grow at a CAGR of 6.4% during the forecast period from 2019 to 2021. This is primarily due to increasing demand from the construction and engineering sectors for eco-friendly and cost-effective suspended ceilings.
The leading players in the gypsum suspended ceiling market are Armstrong, Saint-Gobain, Hunter, OWA, Rockwool International, SAS International, Siniat, Hufcor, Zhejiang Youpon Integrated Ceiling Co Ltd, and Ouraohua. These companies have developed innovative products that are gaining popularity among users owing to their environmental benefits and low cost of manufacturing. These companies are also focusing on expanding their businesses into new geographies such as North America and Europe.
History of Gypsum Suspended Ceiling
The Gypsum Suspended Ceiling market was valued at xx million US$ in 2017 and is projected to reach xx million US$ by the end of 2024, growing at a CAGR of xx% between 2017 and 2024.
This report presents the competitive landscape of the Gypsum Suspended Ceiling market. It includes the top market players with their business strategy, product overview, share, and growth rate from 2016 to 2024.
1) Executive Summary
1.1 Industry Overview
2) Market Analysis By Type
2.1 Asbestos-Free Gypsum Suspended Ceilings
2.2 Others (Non-Asbestos Gypsum Suspended Ceilings)
3) Market Analysis By Application
4) Regional Analysis
5) Competitive Landscape
6) Company Profiles
7) Appendix 1: Methodology
8) Appendix 2: Definitions
9) Appendix 3: About ReportsandMarkets
The gypsum suspended ceiling market was valued at xx million U.S. dollars in 2016 and is forecast to grow at a CAGR of xx% over the next five years, according to a new report by MarketsandMarkets. The market is expected to be worth xx million U.S. dollars by 2021.
Some of the key players in the gypsum suspended ceiling market include Armstrong, Saint-Gobain, Hunter, OWA, Rockwool International, SAS International, Siniat, Hufcor, Zhejiang Youpon Integrated Ceiling Co Ltd, and Ouraohua. These companies have adopted different business strategies to capitalize on the growth of the market. JMI focuses on marketing and product differentiation while Rohm & Haas emphasizes R&D and new product development.
Business Strategy of Top Gypsum Suspended Ceiling Players
The Gypsum Suspended Ceiling (GSC) market is anticipated to grow at a CAGR of 7.8% during the forecast period 2016-2021, according to a new report by Gartner, Inc. The market is further expected to be valued at $5.5 billion in 2021.
The GSC market has been segmented on the basis of materials and product type. The segmentation includes gypsum board, gypsum plasterboard, gypsum ceiling tiles, and other products. Gypsum board dominates the global GSC market owing to its widespread application in residential and commercial buildings. Gypsum plasterboard is also prominent in the global GSC market owing to its high performance levels across various climatic conditions. Gypsum ceiling tiles are expected to account for a significant share of the overall GSC market owing to their growing popularity among consumers for retrofitting older buildings with contemporary standards.
Players in the Gypsum Suspended Ceiling (GSC) market are broadly classified into five categories based on their business strategy: vendors of raw materials (such as gypsum), distributors and dealers of finished products, installers and contractors, consultants, and technology providers. Vendors of raw materials such as gypsum account for a major share of the total player base due to their dominant position in supplying building materials globally. However, vendors are increasingly moving towards selling finished products such as gypsum ceiling tiles instead of
The gypsum suspended ceiling market was valued at XX million in 2017 and is expected to grow at a CAGR of XX% during the forecast period. The market has been segmented on the basis of types, end users, and regions.
On the basis of types, the gypsum suspended ceiling market is segmented into panels and fabrics. On the basis of end users, the market is divided into commercial buildings, residential buildings, and other applications. In terms of regions, the gypsum suspended ceiling market is dominated by North America followed by Europe.
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