The North America Metal Ceilings Market is projected to witness market growth of 4.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Metal Ceilings Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $706.5 million by 2031. The Canada market is experiencing a CAGR of 6.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 5.5% during (2024 - 2031).
As economies grow and urbanize, the demand for new construction and renovation projects increases, driving the need for high-quality building materials like this. Rapid urbanization has increased commercial and residential construction activities, particularly in emerging economies.
Moreover, the construction industry is expected to grow significantly over the next decade. According to a Construction Perspectives and Oxford Economics report, the construction industry is set to grow to $13.9 trillion by 2037, with China, the United States, and India emerging as superpower construction sectors.
The construction industry in North America, particularly in the commercial and industrial sectors, is experiencing steady growth. This translates to increased demand for building materials, including this. According to the U.S. Census Bureau, construction spending during April 2024 was estimated at a seasonally adjusted annual rate of $2.09 trillion. This growth is bolstered by government initiatives such as the Infrastructure Investment and Jobs Act, which allocates $1.2 trillion for infrastructure projects over the next decade, including upgrades to public buildings, transportation hubs, and healthcare facilities.
The US market dominated the North America Metal Ceilings Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $706.5 million by 2031. The Canada market is experiencing a CAGR of 6.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 5.5% during (2024 - 2031).
As economies grow and urbanize, the demand for new construction and renovation projects increases, driving the need for high-quality building materials like this. Rapid urbanization has increased commercial and residential construction activities, particularly in emerging economies.
Moreover, the construction industry is expected to grow significantly over the next decade. According to a Construction Perspectives and Oxford Economics report, the construction industry is set to grow to $13.9 trillion by 2037, with China, the United States, and India emerging as superpower construction sectors.
The construction industry in North America, particularly in the commercial and industrial sectors, is experiencing steady growth. This translates to increased demand for building materials, including this. According to the U.S. Census Bureau, construction spending during April 2024 was estimated at a seasonally adjusted annual rate of $2.09 trillion. This growth is bolstered by government initiatives such as the Infrastructure Investment and Jobs Act, which allocates $1.2 trillion for infrastructure projects over the next decade, including upgrades to public buildings, transportation hubs, and healthcare facilities.
List of Key Companies Profiled
- Armstrong World Industries, Inc.
- Knauf Gips KG (Gebr. Knauf KG)
- Saint-Gobain Group (Norton)
- SAS International
- Rockwool group
- Odenwald Faserplattenwerk GmbH
- Gage Corporation International
- Supawood Architectural Lining Systems
- Ceilings Plus (USG Corporation)
- Atena Spa
Market Report Segmentation
By Application- Interior
- Exterior
- Aluminium
- Steel
- Others
- Commercial
- Transport
- Education
- Retail
- Healthcare
- Others
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America Metal Ceilings Market by Application
Chapter 5. North America Metal Ceilings Market by Material
Chapter 6. North America Metal Ceilings Market by End User
Chapter 7. North America Metal Ceilings Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Armstrong World Industries, Inc.
- Knauf Gips KG (Gebr. Knauf KG)
- Saint-Gobain Group (Norton)
- SAS International
- Rockwool group
- Odenwald Faserplattenwerk GmbH
- Gage Corporation International
- Supawood Architectural Lining Systems
- Ceilings Plus (USG Corporation)
- Atena Spa
Methodology
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