Interior Construction Materials Industry To Grow Due To Rising Home Renovation And Remodeling Activities In Developed Countries

  

 

 

Interior construction materials industry data book covers flooring, insulation, ceiling tiles, windows and doors flooring, insulation, ceiling tiles, windows, and doors markets.

The economic value generated by the interior construction materials industry was estimated at approximately USD 578.06 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of interior construction materials, distribution & supply, and application of interior construction materials.

 

Access the Global Interior Construction Materials Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies.

Ceiling Tiles Market Growth & Trends

The global ceiling tiles market size is expected to reach USD 14.01 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 9.3% over the forecast period. This growth can be attributed to the rising commercial construction activities like the construction of new hospitals, office spaces, hotels, and malls. Ceiling tiles are majorly used for aesthetics and to provide acoustic and thermal insulation to buildings. The raw materials utilized for making ceiling tiles like mineral wool, metal, cork, and gypsum have great noise-absorbing capability, less weight, and are much more eco-friendly as compared to conventional materials used for construction.

There is an increase in demand for decorative and acoustic interiors in office spaces, hotels, and hospitals. This has resulted in the demand for advanced design and printing technologies. Innovation for aesthetic enhancement of non-residential buildings is anticipated to open new opportunities for growth in terms of improving the energy efficiency of buildings, along with high acoustic insulation levels. The prominent companies use various distribution channels like third-party agreements, wholesale selling, online portals, and direct supply. Most of the major industry players collaborate with distributors in various countries having large market potential, for the geographic portfolio expansion and to acquire a larger customer base.

 

Insulation Market Analysis And Forecast

Rising consumer awareness about energy conservation is likely to remain a crucial driving factor for the global insulation market. Favorable regulations in the majority of regions are also expected to have a positive impact on market growth. Additionally, increased infrastructure spending in the emerging markets of Asia Pacific and Latin America is expected to propel the insulation market's growth.

 

Order your copy of Free Sample of “Interior Construction Materials Industry Data Book - Interior Construction Materials, Flooring, Insulation, Ceiling Tiles, Windows and Doors Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Flooring Market Growth & Trends

 

The global flooring market size is expected to reach USD 398.27 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.2% from 2023 to 2030. This growth can be attributed to rising construction activities like the construction of new hospitals, residential spaces, office spaces, malls, and hotels to cater to the demand of the growing global population.

The global flooring industry is growing owing to fast-paced economical and industrial development along with the growing population. In addition, the growing service sector and development of industrial clusters in emerging economies such as India are further expected to bolster the demand for flooring materials in commercial and industrial applications. Moreover, the robust industrialization and urbanization in the developing countries in the Asia Pacific and Africa have resulted in high pace construction activities, triggering the growth of the flooring market.

The construction industry in the Asia Pacific is forecasted to grow on account of the increasing per capita income, rapid urbanization, and expanding population. The expansion of residential, commercial, and industrial sectors on account of sustainable economic growth in the region is expected to boost construction activities, thereby, driving the flooring market over the forecast period.

The rising awareness regarding the use of eco-friendly building materials is estimated to propel the green retrofit or renovation activities of existing constructions in developed economies from North America and Europe. In addition, the increasing adoption of recyclable and reusable technologies by major players is expected to drive market growth over the forecast period.

 

Windows and Doors Market Analysis And Forecast

The windows and doors market is expected to grow at a faster pace over the coming years. This is due to the rising construction and renovation activities across the globe. In addition, growing disposable incomes, a rising population, increasing remodeling activities, and government initiatives for the construction of affordable housing solutions are expected to fuel the growth of the windows and doors market in the coming years.

 

Go through the table of content of Interior Construction Materials Industry Data Book to get a better understanding of the Coverage & Scope of the study.

 

Competitive Landscape

Key players operating in the Interior Construction Materials Industry are –

• Mohawk Industries, Inc.
• GAF Materials Corporation
• AWI Licensing LLC
• Tarkett, S.A.
• ROCKWOOL International A/S
• Burke Flooring Products, Inc.
• Pella Corporation
• Huntsman International LLC
• SAS International
• Milgard Manufacturing, LLC
• DuPont
• Saint-Gobain Gyproc
• Shaw Industries, Inc.
• Kömmerling
• Owens Corning
• Knauf Digital GmbH
• Ply Gem Residential Solutions
• Forbo Flooring
• HIL Limited
• BASF Polyurethanes GmbH 

 

Grand View Research’s Interior Construction Materials industry data book is a collection of market sizing information & forecasts, regulatory data, competitive benchmarking analyses, macro-environmental analyses, and technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.