Suspended Ceiling Market Growing Globally by 2021-2026 | Armstrong, Saint-Gobain, Hunter, OWA, ROCKWOOL

The global Suspended Ceiling market size is projected to grow in the historic period resulted from economic growth in emerging markets, the rise in awareness of the benefits and developed nations towards Suspended Ceiling costs and increasing production and growing capacity in Chemical industry, and healthy growth of pharmaceutical and food & beverage industry in developing countries, are supporting the growth of the Suspended Ceiling market.

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Suspended ceilings are secondary ceilings suspended from the structural floor slab above, creating a void between the underside of the floor slab and the top of the suspended ceiling. In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Pandemic impact on the Global Suspended Ceiling Market:

1 The Suspended Ceiling industry experienced decline in sector during the COVID-19 pandemic. This is attributed to the sharp decrease in chemical, pharmaceutical, automotive, and industrial sectors.

2 Manufacturing companies has prolonged closure of all its operations at its workplaces and manufacturing areas, until reopening instructions received from the government authorities.

3 In addition, due to reduction in labours in light of social distancing norms amid the COVID-19 pandemic, the Suspended Ceiling industry witnessed significant decrease in the production.

4 At the end of 2019, COVID-19 began to erupt in China, Due to the huge decrease of global economy; we forecast the growth rate of global economy will show a decrease of about 4%, due to this reason, Suspended Ceiling market size in 2020 will be lower than in previous years.

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Suspended Ceiling Market Players:

Armstrong
Saint-Gobain
Hunter
OWA
ROCKWOOL International
SAS International
Siniat
Hufcor
YOUPON INTEGRATED CEILING
Ouraohua

Product Type Segmentation:

PVC Board
Gypsum Board
Metal Board

Industry Segmentation:

Residential Application
Commercial Application

Segmentation by Regions:

The research report includes a detailed study of regions of North America, Europe, China and Japan. The report has been given after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2021 to 2026.

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Top Industry News:

SAINT-GOBAIN LAUNCHES A CALL FOR INNOVATIVE SOLUTIONS DEDICATED TO ENERGY RENOVATION IN FRANCE ON 17 MARCH, 2021 -- Saint-Gobain, already highly involved in contributing to the success of France’s economic recovery plan, has launched a call for innovative solutions for the energy renovation of buildings. The selected applicants will be able to test their solutions under real conditions and be given support to develop them.

The process will involve three phases: - Phase 1: A call for innovative solutions, open from early March through May 2021. The main targets are start-ups, and small and medium-sized businesses with original solutions for the French energy renovation market. Applications must be made through the renov-up.com website. Applications will be assessed and winners selected at the end of September 2021. - Phase2: Field trials of the winning solutions, a key step in determining success by developing solutions adapted to the diversity of actual needs in real situations. - Phase 3: Roll out and ramp up of the production volume of the selected solutions.

This call for solutions is part of a program called Renov’up, to accelerate innovation specifically targeting energy renovation in France created by Saint-Gobain, with the support of the startup incubator Impulse Partners.

In addition to Saint-Gobain, Renov’up includes several key sector players with the common aim of creating the conditions for creating new, disruptive solutions for the energy renovation of buildings: ADEME (French agency for energy management), ArcelorMittal Construction, Artelia, Pôle Habitat FFB communication, FNAIM (French property federation), LafargeHolcim, Schneider Electric, Total, UNSFA (French union of architects' trade unions), and USH (French union of social housing organizations).

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