Ceiling Tile Global Market Report 2023 – By Installation (Surface Mount, Drop or Suspended), By Material Type (Mineral Wool, Metal, Gypsum, Other Materials), By Form (Laminated, Fissured, Patterned, Plain, Textured, Coffered), By Application (Residential, Commercial, Industrial, Institutional) – Market Size, Trends, And Global Forecast 2023-2032

A ceiling fan is a device suspended from the ceiling of a room, with hub-mounted rotating blades that circulate the air, thereby producing a cooling effect. They have a better shelf-life, low power consumption, and are cost-effective. It is used to evenly distribute and circulate the air that's in the room and to improve the décor of the rooms. The main types of ceiling fans are standard fans, decorative fans, high-speed fans, energy-saving fans, and other types. Standard ceiling fans are conventional ceiling fans with metal blades used for circulating air in homes and offices. The ceiling fans are applied in residential and commercial buildings and distributed through online and offline channels. The global ceiling fans market is segmented - 1) By Type: Standard Fan, Decorative Fan, High Speed Fan, Energy Saving Fan, Other Types 2) By End Use: Residential, Commercial 3) By Distribution: Offline, Online The global ceiling fans market size grew from $9.48 billion in 2022 to $10.09 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the ceiling fans is expected to grow to $11.61 billion in 2027 at a CAGR of 3.6%. The increasing growth of the construction industry is significantly contributing to the growth of the ceiling fans market. Construction is the process of building, altering, repairing, remodeling, improving, or demolishing any structure. Ceiling fans are helpful in the construction industry by introducing premium products such as decorative fans, and lighting fans, which offer higher margins, thereby increasing their profitability. For instance, according to the United States Construction Databook Series, the U.S. construction industry is expected to increase by more than 15% in 2021. Also, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, in December 2021, there were 1,873,000 building permits granted while the number of housing completions stood at 1,295,000. Therefore, the increasing growth of the construction industry is driving the ceiling fans market growth. Major players in the ceiling fans market are Emerson Electric Co., Del Mar Fans & Lighting, Crompton Greaves Consumer Electricals Limited, Shell Electric Mfg. (China) Co. Ltd., Broan-NuTone LLC, Minka Group, Ajanta Electricals, Big Ass Fans, Casablanca, The Henley Fan Company Ltd., Monte Carlo, Mega Home Appliances, and Havells India Ltd. The introduction of air-purifying ceiling fans has emerged as a key trend gaining popularity in the ceiling fans market. Companies operating in ceiling fans are introducing innovative products to meet consumer demand and strengthen their position. For instance, in March 2022, Havells India Limited, an Indian electrical equipment company, launched a Stealth Puro Air, India’s first air purifying ceiling fan with a three-stage air purifier that filters PM2.5 and PM10 pollution, as well as Volatile organic compounds (VOCs). It offers a Clean Air Delivery Rate (CADR) of 130 cubic meters per hour. Stealth Puro Air is designed to promote a healthy lifestyle while also providing excellent comfort and well-being in the fast-paced lives of consumers. In December 2021, Griffon Corporation, a US-based management, and holding company acquired Hunter Fan Company for an undisclosed amount. The acquisition is expected to enhance Griffon's product portfolio while accelerating its growth and online market presence. Hunter Fan Company is a US-based manufacturer of ceiling fans. Asia-Pacific was the largest region in the ceiling fans market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ceiling fans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ceiling fans market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The ceiling fan market consists of sales of standard ceiling fan, low-profile ceiling fans, dual-motor ceiling fans, smart ceiling fans, and outdoor ceiling fans. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ceiling fans market research report is one of a series of new reports from The Business Research Company that provides ceiling fans market statistics, including ceiling fans industry global market size, regional shares, competitors with a ceiling fans market share, detailed ceiling fans market segments, market trends and opportunities, and any further data you may need to thrive in the ceiling fans industry. This ceiling fans market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Tile adhesives and stone adhesives refer to a specially formulated dry powder that is mixed with water or latex additive to form a consistent paste that helps to permanently adhere or bond materials together. The tile adhesives and stone adhesives are used for fixing tiles on walls, floors, granite, and marble. They also help in fixing large tiles and tiles which are installed in areas with high moisture, as well as ceramic tiles and other stones in the interior and exterior of the house or office. The main types of chemical components include cementitious, epoxy, and others. Cementitious is used to harden and bind the aggregate particles together, improving the workability of fresh concrete and reducing thermal cracking in massive structures by reducing the heat of hydration. Cementitious in the tile adhesives and stone adhesives market refers to various building materials that are mixed with water to form a plastic paste. The various types of construction include new construction, repairs, and renovations. Ceramic tiles, marble tiles, mosaics, and glass are the applications of tile adhesives and stone adhesives. The various end users include residential, commercial, and institutional. The global tile adhesives and stone adhesives market is segmented - 1) By Chemistry: Cementitious, Epoxy, Other Chemistry 2) By Construction Type: New Construction, Repairs And Renovation 3) By Application: Ceramic Tiles, Marble Tiles, Mosaic And Glass 4) By End Use: Residential, Commercial, Institutional The global tile adhesives and stone adhesives market size grew from $4.09 billion in 2022 to $4.59 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global tile adhesives and stone adhesives is expected to grow to $6.71 billion in 2027 at a CAGR of 9.9%. An increase in foreign direct investments (FDI) in construction industries and a rise in urbanization are expected to propel the growth of the tile adhesives and stone adhesives markets going forward. Tiles and stone adhesives help in fixing tiles, which are installed in areas with high moisture, ceramic tiles, and other stones in the interior and exterior of the house or office. For instance, according to the Department for Promotion of Industry and Internal Trade of India, an India-based government organization, from April 2020 to June 2021, the amount of FDI equity inflows in the construction development sector was $51.5 billion, and the real estate sector also attracted $5 billion in institutional investments in 2020. Furthermore, according to the World Bank, an international financial institution, in 2020, metropolitan regions were home to 56% of the world's population, and by 2050, that number is predicted to rise to 70%. An increase in the urban population increases the construction of buildings. Therefore, an increase in FDI in construction industries and a rise in urbanization are driving the growth of the tile adhesives and stone adhesives market. Major players in the tile adhesives and stone adhesives market are ARDEX GmbH, Sika AG, Saint-Gobain, Pidilite Industries Limited, H B Fuller, Mapei, Fosroc, Laticrete International Inc., BASF, 3M, Royal Adhesives & Sealants LLC, Terraco, Superior Stone Products Inc., Tenax, Wacker Chemie and Henkel. Technological advancements in the tile adhesives and stone adhesives market are a key trend gaining popularity in the tile adhesive and stone adhesive markets. Major companies operating in the market are introducing new technologies such as Glass Tile Adhesive Lite, which is manufactured by crystalline silica levels and OSHA action levels, to sustain their position in the market. For instance, in February 2021, Laticrete, a US-based manufacturer of tile and stone installation materials, introduced an adhesive mortar for glass tiles and mosaic tiles. It is made up of a superior lightweight formula that increases bond strength, has a long open time, and has non-sag performance. The help of crystalline silica levels and OSHA action levels helps to increase its lightweight and performance features and provides a white color that doesn’t affect the design of clear or translucent tiles. In August 2021, Sika, a Switzerland-based specialty chemical company, acquired Bexel International for an undisclosed amount. With this acquisition, Sika will strengthen its position in the large, fast-growing Mexican construction market, which would provide cross-selling opportunities for complementary products such as sealants, adhesives, liquid-applied membranes, and waterproofing products and significantly extend its manufacturing footprint and distribution network in Mexico. Bexel International is a Mexico-based manufacturer of tile adhesives and stucco. North America was the largest region in the tile adhesives and stone adhesives market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global tile adhesives and stone adhesives market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the tile adhesives and stone adhesives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The tile adhesives and stone adhesives market consists of sales of thin-set mortar and latex mortar. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The tile adhesives and stone adhesives market research report is one of a series of new reports from The Business Research Company that provides tile adhesives and stone adhesives market statistics, including tile adhesives and stone adhesives industry global market size, regional shares, competitors with an tile adhesives and stone adhesives market share, detailed tile adhesives and stone adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the tile adhesives and stone adhesives industry. This tile adhesives and stone adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Ceramic tiles refer to tiles that are made up of a mixture of sand, water, and clay. Ceramic tiles are generally used in the flooring of bathrooms, kitchens, and outdoor residential areas. Ceramic tiles are available in a variety of sizes, designs, and colors. The main types of ceramic tiles are glazed tiles and unglazed tiles. Glazed tiles are referred to tiles that are coated with liquid glass or enamel. Glazed tiles are more prone to scratches and are less dense/thick as compared to unglazed tiles. The various construction types in which ceramic tiles are used are new construction, and renovation and replacement. The various formulations of ceramic tiles are dry pressed and extruded. These tiles are applied as floor tiles, wall tiles, and others. The end users of ceramic tiles are residential and non-residential areas. The global ceramic tiles market is segmented - 1) By Type: Glazed Tiles, Unglazed Tiles 2) By Construction Type: New Construction, Renovation and Replacement 3) By Formulation: Dry Pressed, Extruded, Casting 4) By Application: Floor Tiles, Wall Tiles, Other Applications 5) By End User: Residential, Non-Residential The global ceramic tiles market size will grow from $106.5 billion in 2022 to $117.25 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the ceramic tiles is expected to grow to $174.36 billion in 2027 at a CAGR of 10.4%. The increase in spending on home remodeling is expected to propel the growth of the ceramic tiles market over the coming years. Home remodeling refers to the changes made in designs and renovating the house. Home remodeling increases the demand for ceramic tiles as these are used for renovating and building house requirements mainly for bathrooms and kitchens. For instance, according to the residential remodeling index (RRI) report, in the first quarter of 2021, the spending on residential remodeling increased by 10.8% on a year-over-year (YOY) basis. Therefore, increasing home remodeling drives the growth of ceramic tiles market. Major players in the ceramic tiles market are Ceramiche Atlas Concorde S.P.A, Cersanit SA, FlorimCeramiche S.P.A, Grupo Lamosa SAB de CV, GranitiFiandre S.p.A., Grupo Fragnani, Johnson Tiles, Mohawk Industries, PamesaCeramicaSl, Portobello Ceramics, RAK CERAMICS, Kajaria Ceramics Limited, Saudi Ceramic Company, PORCELANOSA Grupo A.I.E, Crossville Inc., LIXIL Group Corporation, and MCS Portugal. The implementation of advanced digital printing is a key trend gaining popularity in the ceramic tiles market. Digital printing enables manufacturers to offer a wide variety of designs of ceramic tiles to their customers to make their experience unique and modernized. For instance, Confindustria Ceramica, an Italy-based ceramic tiles provider, uses digital printing as a key technology in the production of Italian ceramic tiles. With the help of digital printing and advancement in technologies, artists are now able to create art on tiles as well as develop various textures and visuals on ceramic tiles. The digital printing technology evolution is helping manufacturers to create unique patterns and designs on individual tiles. The colors used in digital printing are also very realistic leading to increased demand. For instance, in April 2021, NG KütahyaSeramik Group, a Turkey-based leading ceramic tiles provider strengthened its partnership with System Ceramics by ordering seven new digital printing systems namely ‘Creadigit’ for both its existing as well as new facility. The partnership focuses on technological innovation for NG KütahyaSeramik Group to offer unique solutions with high added value. In July 2021, Grupo Halcón, a Spain-based leading ceramic tiles manufacturer, acquired the assets of Cicogres S.A., a ceramic tile producer from Castellon, Spain. The acquisition is comprised of five modern production lines with large format capabilities of Cicogres. The acquisition will help Grupo to increase its capacity leading to reinforcing its leadership across the ceramic tiles market. Asia-Pacific was the largest region in the ceramic tiles market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in the ceramic tiles market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the ceramic tiles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The ceramic tile market consists of sales of porcelain, glass, marble, and granite. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ceramic tiles market research report is one of a series of new reports from The Business Research Company that provides ceramic tiles market statistics, including ceramic tiles industry global market size, regional shares, competitors with a ceramic tiles market share, detailed ceramic tiles market segments, market trends and opportunities, and any further data you may need to thrive in the ceramic tiles industry. This ceramic tiles market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Luxury vinyl tiles (LVT) flooring refers to modular vinyl flooring in which tiles are laid out individually by using single sheets. The luxury vinyl tiles flooring is sustainable, easy to handle, durable, and acoustic. These are used to design office space or residential space to look like real wood. The main types of luxury vinyl tiles (LVT) flooring are rigid luxury vinyl tiles (LVT), and flexible luxury vinyl tiles (LVT). The rigid luxury vinyl tiles (LVT) flooring market consist of sales of rigid luxury vinyl tiles by entities (organizations, sole traders, and partnerships) that refer to a rigid core type of LVT, a click-type plank vinyl flooring that doesn’t require any adhesives. There are main three types of rigid LVT stone-polymer composite, wood-polymer composite, and Standard rigid core. These are used in residential and commercial industries. Luxury vinyl tiles (LVT) flooring is used by residential and non-residential end users. The global luxury vinyl tiles LVT flooring market is segmented - 1) By Type: Rigid Luxury Vinyl Tiles (LVT), Flexible Luxury Vinyl Tiles (LVT) 2) By Construction Type: New Construction, Renovation 3) By End-User: Residential, Non-Residential The global luxury vinyl tiles (lvt) flooring market size grew from $20.08 billion in 2022 to $23.06 billion in 2023 at a compound annual growth rate (CAGR) of 14.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global luxury vinyl tiles (lvt) flooring market is expected to grow to $40.31 billion in 2027 at a CAGR of 15.0%. The high growth of the construction industry is expected to propel the growth of the luxury vinyl tiles (LVT) flooring market. Luxury vinyl flooring is economical and more efficient than other floorings currently available in the market, and additional factors of LVT such as cost-efficient, lightweight, and the requirement of low maintenance make them an ideal choice for flooring in the construction sector. For instance, according to the Office of National Statistics UK, the monthly construction output increased by 3.5% in volume in November 2021. Also, according to Invest India, an India-based national investment promotion and facilitation agency, the construction industry in India is expected to reach $1.4 trillion by 2025. Therefore, the high growth in the construction industry drives the luxury vinyl tiles flooring market. Major players in the luxury vinyl tiles (LVT) flooring market are Tarkett, Forbo, Armstrong, Shaw Industries, Inc., Gerflor, Interface, Mannington Mills, Inc., Mohawk Industries, Parador GmbH, Polyflor, Metroflor, Milliken, LG Hausys, and James Halstead PLC. Product innovations are a key trend gaining popularity in the luxury vinyl tiles (LVT) flooring market. The key players in the luxury vinyl titles flooring are focusing on developing innovative products with advanced technologies to reciprocate natural materials in the products with greater stability and ecological performance. For instance, in 2021, Tarkett, a company operating in the luxury vinyl tiles flooring market-based in France, launched a luxury vinyl tile collection called ID Inspiration that emulates natural materials such as wood and stone. It is intended for use in hospitality, education, residential, retail, and workplace interiors and is suitable for areas with moderate to high footfall. The product has been developed to harness the power of nature to create feel-good interiors and also to improve well-being by deepening the connection between the outdoors, and the interior spaces where people work, learn, and care. In November 2021, Tarkett, a company operating in the luxury vinyl tiles flooring market-based in France acquired Vinyasa, a Mexico-based company involved in manufacturing luxury vinyl tiles floorings and specializing in VCT product offerings, for an undisclosed amount. With this acquisition, Tarkett is focusing on LVT flooring production at the Florence campus and also expanding its manufacturing in North America. Asia-Pacific was the largest region in the luxury vinyl tiles (LVT) flooring market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global luxury vinyl tiles (LVT) flooring industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the luxury vinyl tiles (LVT) flooring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The luxury vinyl tiles (LVT) flooring market consists of sales of rigid luxury vinyl tiles and flexible luxury vinyl tiles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The luxury vinyl tiles (LVT) flooring market research report is one of a series of new reports from The Business Research Company that provides luxury vinyl tiles (LVT) flooring market statistics, including luxury vinyl tiles (LVT) flooring industry global market size, regional shares, competitors with a luxury vinyl tiles (LVT) flooring market share, detailed luxury vinyl tiles (LVT) flooring market segments, market trends and opportunities, and any further data you may need to thrive in the luxury vinyl tiles (LVT) flooring industry. This luxury vinyl tiles (LVT) flooring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The construction chemicals are chemical compounds that are utilized in the creation of buildings. Construction chemicals are chemical compositions that are employed with cement, concrete, or other construction components to bind them together during construction. They are essentially used to speed up the process and add more sustainability and strength to the structures. The main types of construction chemicals are concrete admixtures, waterproofing and roofing, repair, flooring, sealants and adhesives, and others. Concrete admixtures are natural or manufactured chemicals or additives added during concrete mixing to enhance specific properties of the fresh or hardened concrete, such as workability, durability, or early and final strength. The different sectors include commercial, industrial, infrastructure, residential, and public spaces. The global construction chemicals market is segmented - 1) By Type: Concrete Admixtures, Waterproofing and Roofing, Repair, Flooring, Sealants and Adhesives, Other Types 2) By End-User: Commercial, Industrial, Infrastructure and Public Places, Residential, Public Space The global construction chemicals market size grew from $44.73 billion in 2022 to $49.15 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global construction chemicals is expected to grow to $67.52 billion in 2027 at a CAGR of 8.3%. The increasing demand in construction significantly contributes to the growth of the construction chemicals market. Construction is the process of building, altering, repairing, remodeling, improving, or demolishing any structures. Construction chemicals help in the elimination of abrasions and the strengthening of bonds, extending the life of buildings. For instance, according to the FMI Corporation, a US-based management consulting company, in comparison to 2021, engineering and construction investment will increase by 5% in 2022. Major countries contributing to this growth are China, India, and the USA. Therefore, the increase in construction is expected to propel the construction chemicals market growth. Major players in the construction chemicals market are Imperial Brands plc, Arkema S.A., Dow Chemical Company, Fosroc International Ltd., Mapei S.p.A, RPM International Inc., Sika AG, Henkel AG & Co. KGaA, Ashland Global Specialty Chemicals Inc., Pidilite Industries Ltd., W. R. Grace and Co., CICO Group, Akzo Nobel N.V., and 3M Company. Strategic partnerships have emerged as a key trend gaining popularity in the construction chemicals market. Major companies operating in the construction chemicals sector are focused on partnerships to strengthen their position. For instance, in January 2021, Nippon Paint, a Japan-based paint manufacturer, partnered with Choksey Chemicals, an Indian manufacturer of construction chemicals. Through this partnership, Choksey Chemicals will manufacture and supply waterproofing and sealant grades for Nippon Paint in India. Furthermore, in May 2022, Pidilite Industries Limited, an Indian-based adhesives manufacturing company partnered with GCP Applied Technologies, a US-based provider of construction products. With the partnership, Pidilite will provide high-performance waterproofing solutions for difficult sites with high temperature variations and water tables, under the brand Dr.Fixit. In October 2020, Lone Star Funds, a US-based private equity firm, acquired BASF Construction Chemicals business for an undisclosed amount. With this acquisition, Lonestar expands its portfolio in the construction chemical business and will strive for the future success of the business. BASF SE is a Germany-based construction chemicals company. Asia-Pacific was the largest region in the construction chemicals market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the construction chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the construction chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The construction chemicals market consists of sales of water repellants and concrete curing compound. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The construction chemicals market research report is one of a series of new reports from The Business Research Company that provides construction chemicals market statistics, including construction chemicals industry global market size, regional shares, competitors with a construction chemicals market share, detailed construction chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the construction chemicals industry. This construction chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An exterior wall system is the main concept in building design and construction that creates a wrapper around the masonry structure to protect it from environmental influences. The main types of exterior wall systems include ventilated facades, curtain walls, and non-ventilated facades. The ventilated facade refers to facade construction with an air gap between the insulation and cladding. A ventilated exterior wall system is a dry-installed exterior building envelope system developed to protect buildings against the combined action of rain and wind by counterbalancing the effects of water beating on walls and keeping the building dry. The main material types used in the exterior wall systems are bricks and stone; metal panels; plasterboards; fibre cement; ceramic tiles; EIFS; glass panels; high-pressure laminate boards; fibreglass panels; wood boards; and others (vinyl exterior). Exterior wall systems are used in residential, commercial, and industrial applications. The global exterior wall systems market is segmented - 1) By Type: Ventilated Fascade, Curtain Wall, Non-Ventilated Fascade 2) By Materials: Bricks And Stone, Metal Panels, Plaster Boards, Fiber Cement, Ceramic Tiles, EIFS, Glass Panels, High-Pressure Laminate boards, Fiberglass Panels, Wood Boards, Other Materials (Vinyl) 3) By End-Use: Residential, Commercial, Industrial The global exterior wall systems market size grew from $196.03 billion in 2022 to $214.39 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global exterior wall systems is expected to grow to $333.56 billion in 2027 at a CAGR of 11.7%. The growing demand for green buildings is contributing to the growth of the exterior wall systems market. Green building and eco-friendly infrastructure reduce carbon emissions, energy consumption, and water consumption. For instance, according to a report by ANAROCK, a real estate services company, the demand for green buildings in India is expected to double by 2022, reaching nearly 10 billion sq ft, and is expected to be valued at $35-50 billion. Therefore, growing demand for green buildings will drive the growth of the exterior wall systems market. Nippon Sheet Glass Co., Ltd., Saint-Gobain Gyproc India, Sika AG, Etex Group, Owens Corning, Evonik Industies AG, Holcim, USG Boral, DuPont, Fletcher Building, Egger Group, Toray Industries Inc., CSR Ltd., CRH, Cornerstone Building Brands, Schweiter Technologies AG, AGC Inc., and James Hardie Australia Pvt Ltd are major players in the exterior wall systems market. Product innovations are a key trend gaining popularity in the exterior wall systems market. Companies in the market are launching new, innovative products. For example, in March 2021, DuPont, a chemical company based in the United States, introduced the new DuPontTM Tedlar® polyvinyl fluoride (PVF) film for laminating exterior wall and roofing panels. In October 2021, DuPont, a US-based chemicals company offering exterior wall solutions, acquired MaxLife Industries’ ArmorWall Business for an undisclosed amount. Under this deal, DuPont has acquired the ArmorWall brand, patented technology, and a manufacturing facility in Salisbury, North Carolina to meet their current and future design and productivity challenges by providing a robust portfolio of sustainable and resilient building solutions for interior and exterior walls and technologies. MaxLife Industries is a US-based company offering high-performance building products, including exterior wall sheathing. Asia-Pacific was the largest region in the exterior wall systems market in 2022. Asia-Pacific is expected to be the fastest-growing region in the exterior wall systems market during the forecast period. The regions covered in the global exterior wall systems market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Exterior Wall Systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The exterior wall systems market consists of sales of barrier walls, cavity walls and mass wall. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The exterior wall systems market research report is one of a series of new reports from The Business Research Company that provides exterior wall systems market statistics, including exterior wall systems industry global market size, regional shares, competitors with exterior wall systems market share, detailed exterior wall systems market segments, market trends and opportunities, and any further data you may need to thrive in the exterior wall systems industry. This Exterior Wall Systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Cladding is a process where the exterior of a building is covered with panels of a different material. The cladding systems are used for constructing buildings. Cladding is primarily adapted in construction for its function like protecting the exterior and the frame of the building. Indirectly, cladding systems protect the interior of architectural construction. The materials used in cladding systems are steel, aluminium, zinc, copper, and plastic panels. Steel cladding systems are used to cover the exterior of a building with panels of different materials. The steel cladding system protects the appearance and thermal insulation of a building. The main applications of cladding systems include walls and roofs. Cladding systems are mainly used in residential and non-residential buildings. The global cladding systems market is segmented - 1) By Material: Steel, Aluminium, Zinc, Copper, Plastic Panels 2) By Application: Walls, Roofs 3) By End User: Residential Buildings, Non-Residential Buildings The global cladding systems market size grew from $245.07 billion in 2022 to $243.83 billion in 2023 at a compound annual growth rate (CAGR) of -0.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global cladding systems is expected to grow to $310.87 billion in 2027 at a CAGR of 6.3%. The growth in the construction of new residential and commercial buildings is directly driving the growth of the cladding systems market. The rise in high-end apartments, houses, and skyscrapers in developing countries is driving the growth of various materials used for constructing the building. To provide thermal insulation, and weather resistance, and to improve the appearance of buildings many builders are using cladding systems. According to the Global Construction 2030 report, the volume of construction output is expected to grow by 85% to $15.5 trillion by 2030. Major countries contributing to this growth are China, India and the USA. This rise in the construction market is expected to drive the cladding systems market going forward. Major players in the cladding systems market are Arconic Corporation, Boral Limited, CSR Limited, Etex Group, Nichiha Corporation, Tata Steel Limited, Compagnie de Saint-Gobain S.A., Dupont, Hindalco Industries Limited, Glen-Gery Corporation, Glittek Granites, Kajaria Ceramics Limited, FunderMax, Greenalam Industries Limited, and Cold Steel Corporation. The eco preferred cladding materials are a key trend gaining popularity in the cladding systems market. Companies in the cladding systems market are focusing on developing eco preferred cladding materials to expand the market share. Eco preferred cladding systems are increasingly being used as consumers are becoming more environmentally concerned. Timber cladding is one of the eco preferred cladding materials. The timber cladding is an effective sound and heat insulator and retains heat better than alternative common building materials such as concrete, aluminium, and steel. The heat insulator in timber cladding is key in ensuring a building is energy efficient. The timber cladding is a truly renewable organic resource and does not create any waste. For instance, in 2021 the company Fiberon launched Wildwood composite cladding, which provides the unrivalled beauty and warmth of the wood combined with the durability of high-performance and low-maintenance materials. In May 2021, Taylor Maxwell, a UK-based supplier of timber and composite decking, acquired SBS Cladding Ltd for an undisclosed amount. Through this acquisition, Taylor Maxwell gained a new portfolio of products and services that is complementary to Taylor Maxwell’s cladding portfolio. This would further allow Taylor Maxwell to new undertake the project. SBS Cladding Ltd is an England-based distributor and fabricator of decorative rain-screen cladding such as insulation, and firebreaks. Asia-Pacific was the largest region in the cladding systems market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cladding systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the cladding systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The cladding systems market includes revenues earned by entities by lightweight timber framing and cladding layers . The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The cladding systems market research report is one of a series of new reports from The Business Research Company that provides cladding systems market statistics, including cladding systems industry global market size, regional shares, competitors with a cladding systems market share, detailed cladding systems market segments, market trends and opportunities, and any further data you may need to thrive in the cladding systems industry. This cladding systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Construction is the process of building, altering, repairing, improving, or demolishing any structures or buildings using a detailed design and plan. The different types of construction are buildings construction, heavy and civil engineering construction, specialty trade contractors, land planning and development. Building construction includes the dismantling of existing structures, the construction of new structures, the addition of latest structures to existing structures, and the required modifications to existing structures to correspond to any recent additions. The different sectors include private and public. These type of services are provided by large contractors and small contractors. The global construction market is segmented - 1) By Type: Buildings Construction, Heavy And Civil Engineering Construction, Specialty Trade Contractors, Land Planning And Development 2) By End User: Private, Public 3) By Type of Contractor: Large Contractors, Small Contractors Subsegments Covered: Residential Building Construction, Nonresidential Building Construction, Utility System Construction, Highway, Street, And Bridge Construction, Other Heavy And Civil Engineering Construction, Foundation, Structure, And Building Exterior Contractors, Building Equipment Contractors, Building Finishing Contractors, Other Specialty Trade Contractors, Residential Land Planning And Development, Commercial And Institutional Land Planning And Development, Industrial Land Planning And Development The global construction market grew from $14503.87 billion in 2022 to $15461.84 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The construction market is expected to grow to $19519.26 billion in 2027 at a CAGR of 6.0%. The increasing construction activities in emerging markets are expected to propel the growth of the construction market over the coming years. Emerging markets which registered robust construction activity included China, Brazil, India, Saudi Arabia and Indonesia. For instance, according to the National Bureau of Statistics, construction output contributed for 25.9% of China's GDP in 2020, up from 6.2% in 2019. This rapid growth in construction activity contributed to the growth of the construction market. Major companies in the market include China State Construction Engineering Corporation Ltd., China Railway Group Ltd., China Railway Construction Corporation Limited, China Communications Construction Co Ltd., China Evergrande Group. Construction costs have increased steadily due to rising material costs in the historic period. Companies in the industry experienced subdued growth in their profits with rising prices of materials such as crude oil, a key component of asphalt reached $41.96 per barrel in 2020, softwood lumber, a major component used for buildings construction, rose by 112% in February 2021 compared to 2020. Therefore, high material prices adversely affected the construction market during historic period. Building construction companies are increasingly using green construction techniques to build energy efficient buildings and reduce construction costs. Green construction refers to the practice of using sustainable building materials and construction processes to create energy-efficient buildings with minimal environmental impact. According to World Green Building Trends Survey, about 60% of construction firms across the globe were involved in green construction projects . Certifications such as Leadership in Energy and Environmental Design (LEED) help construction companies to develop high-performance, sustainable residential and commercial buildings, and also offer a variety of benefits, from tax deductions to marketing opportunities. Sustainable construction materials such as natural paints and steel beams made from recycled material are being widely used in the UK. Other green construction techniques such as cross-ventilation for more natural environment, green construction software such as Construction Suite to ensure green compliance, and Green Globes management tool are also being used in the construction industry. For instance, some, Major companies using green construction techniques include Turner Construction Co, Clark Group, AECOM, Hensel Phelps and Holder Construction. Asia-Pacific was the largest region in the construction market in 2022. North America was the second-largest region in the construction market. The regions covered in the construction report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the construction market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The construction market includes revenues earned by entities by constructing buildings or engineering projects (such as highways and utility systems). Establishments that prepare sites for new construction and those that subdivide land for sale as building sites are included in this market. The construction market includes new work, additions, alterations, maintenance, and repairs. The market also includes modular building construction, prefabricated building construction, 3D building construction and green building construction The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The construction market research report is one of a series of new reports from The Business Research Company that provides construction market statistics, including construction industry global market size, regional shares, competitors with a construction market share, detailed construction market segments, market trends and opportunities, and any further data you may need to thrive in the construction industry. This construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.