Durability + Design
Follow us on Twitter Follow us on LinkedIn Like us on Facebook Follow us on Instagram Visit the TPC Store
Search the site

 

Advertisement

Paint BidTracker


D+D News

Main News Page


Ceiling Market Sports High Hopes

Thursday, September 4, 2014

More items for Building Envelope

Comment | More

Rebounding nonresidential construction will fuel a $2.5 billion annual market for ceiling products both fancy and functional by 2018, according to a new report.

The demand for ceiling products is expected to climb 7.2 percent per year through 2018, according to Ceilings, a market forecast by The Freedonia Group.

Ceiling Cloud Freedonia Group Ceiling Study
Armstrong Building Products

The need for ceiling products, like ceiling clouds, is expected to grow by 7.2 percent annually through 2018.

Analyst Mariel Behnke said demand would be boosted by “the efforts of manufacturers to improve the aesthetics of ceiling tiles, including more colors, varied perforation designs, and the use of an increasing variety of materials such as wood and metal."

The study used historical data from 2003, 2008 and 2013 and offers forecasts from 2018 and 2023 by product, market and U.S. region; it also profiles 28 U.S. industry players.

Ceiling Tiles

The Cleveland-based market research firm found that through 2018, demand for ceiling tile will grow 6.6 percent per year, bringing its total to $1.4 billion.

Plenum Ceiling Freedonia Group Ceiling forecast
Stephen Miller / AIA (left); Freedonia (right)

The move to open plenum ceilings will grow the ceiling tile market 6.6 percent per year through 2018.

This spike will also lead manufacturers to increase the variety of tiles, adding more colors, designs and materials.

On top of this, the study found that many architects and designers use open plenum ceilings more frequently. While this reduces the overall ceiling area, more-expensive tiles that provide noise reduction are generally selected.

Specialty Ceilings

Specialty ceiling products will see the most rapid growth through 2018, according to the study.

Revenue in this segment will reach $540 million as specialty design trends—including trims and stretch ceilings, clouds and baffles--move into more of the mainstream.

Seismic design will also be a factor as the demand for bracing products increases for suspended ceiling systems.

Nonresidential Market

The nonresidential market is projected to hold 93 percent of the total market in 2018, with ceiling suspension demand growing 5.8 percent annually to $562 million.

Talissa Decor / Flickr

Suspended ceilings will grow the market 5.8 annually to $562 million through 2018.

This is due, in part, to a preference for ceiling products to drywall ceilings as they allow easier access to ducts and wiring.

Wall-to-wall suspended ceilings also offer an improved aesthetic and higher energy performance by allowing HVAC systems to be more efficient.

   

Tagged categories: Ceilings; Construction; Freedonia; Market forecasts; Specialty functions; Tile

Comment Join the Conversation:

Sign in to our community to add your comments.

Advertisements
 
Digital Facilities Corporation
 
Manage Paving and Hard Scape Inventories with
FM-Pro
 
FM-Pro™ is designed with a comprehensive paving asset area module to inventory and manage paving and hardscape areas, including system details, and is suited for building owners, paving service providers, consultants, and product suppliers.
 

 
PPG Paints
 
PPG PAINTS™ SPEEDHIDE® INTERIOR LATEX
 
This high-hiding, low-VOC, low-odor paint enables a space to be painted while occupied and delivers the durable product performance professionals require.
 

 
 
 

Technology Publishing Co., 1501 Reedsdale Street, Suite 2008, Pittsburgh, PA 15233

TEL 1-412-431-8300  • FAX  1-412-431-5428  •  EMAIL webmaster@durabilityanddesign.com


The Technology Publishing Network

Durability + Design PaintSquare the Journal of Protective Coatings & Linings Paint BidTracker

 

© Copyright 2012-2018, Technology Publishing Co., All rights reserved