According to a new report, published by KBV research, The Global Metal Ceilings Market size is expected to reach $3.6 billion by 2031, rising at a market growth of 4.6% CAGR during the forecast period.
The Exterior segment is anticipating a CAGR of 5.2% during (2024 - 2031). Exterior metal ceilings are used in outdoor applications to provide weather protection, enhance the exterior aesthetics of buildings, and improve energy efficiency. These ceilings are designed to withstand harsh environmental conditions, including rain, wind, and sun exposure, making them suitable for various climates.
The Aluminium segment is leading the Global Metal Ceilings Market by Material in 2023; thereby, achieving a market value of $1.8 billion by 2031. Aluminium ceilings are known for their lightweight, corrosion resistance, and recyclability, making them a popular choice for sustainable building projects. Additionally, aluminium ceilings provide a high level of customization, with a diverse selection of colors, finishes, and designs. This enables architects and designers to develop ceiling designs that are visually appealing and distinctive, thereby enhancing the overall aesthetic of a space.
The Transport segment is registering a CAGR of 4.9% during (2024 - 2031). Transportation hubs like airports, train stations, and bus terminals require ceilings that withstand constant use and harsh conditions. Metal ceilings are highly durable and resistant to humidity, corrosion, and fire, making them well-suited for these environments. Modern metal ceiling designs can enhance the visual appeal of transportation hubs, contributing to a more positive passenger experience.
Full Report: https://www.kbvresearch.com/metal-ceilings-market/
The Asia Pacific region dominated the Global Metal Ceilings Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.5 billion by 2031. The North America region is experiencing a CAGR of 4.2% during (2024 - 2031). Additionally, The Europe region would exhibit a CAGR of 4.4% during (2024 - 2031).
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