Press release
Gypsum Ceiling Tiles Market : Industry Size, Share, Growth, Forecasts 2017 - 2025
The main objective of this report is to define, describe, and forecast the global “Gypsum Ceiling Tiles” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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The ceiling market has a great demand in a worldwide market. Decorative interiors and exterior trends in the construction industry has led to the usage of various ceiling tiles in a construction process. Ceiling tiles are mainly used in interior to improve overall aesthetics and acoustic insulation of the area. The construction industry has evolved many changes to enhance the aesthetics of walls and flooring materials such as carpets, floors, wall tiles and coating.
Acoustic insulation has played an important role in the growth of ceiling tiles market. Mineral wool, metal and gypsum are the main product segments of ceiling tiles market. Mineral wool and metal are the major product segment used in ceiling tiles market. Due to growing demand for gypsum in the worldwide market, companies have started investing in innovation and development of gypsum ceiling tiles. Saint-Gobain S.A., Knauf, and USG Corporation are the key players that have a strong gypsum product portfolio for the building & construction industry. Knauf provides gypsum based panels under key brand names Vinovapanel and Creanovapanel.
Gypsum can be defined as mined mineral which comprises of hydrous calcium sulphate. This mineral is found mainly in salt water areas. Plaster is manufactured by gypsum which helps drywall to resist fire. Gypsum is used to manufacture drywall. In gypsum ceiling tiles the ceiling suspensions systems are composed of lattice which is adjourned from the ceiling with the help of string or a wire. This ceiling tiles are placed on lattice which are usually used in offices and commercial buildings. There are various gypsum ceiling tile design which provides different acoustical and aesthetic qualities. They are available in different qualities and shapes. The installation process involved in gypsum ceiling tiles is easy as compared to other varieties of ceiling tiles. The key advantage of gypsum ceiling tiles is its drywall ceiling, which is relatively simple and has low cost installation charges. The gypsum ceiling tiles does not absorb sound, due to this disadvantage other types of materials are preferably used in soundproofing environment. Addition to this gypsum ceiling tiles are not water resistant. For areas that have high moisture content, such as bathrooms or dank basements, chemically treated gypsum wallboard can be used for moisture resistant.
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Based on application global gypsum ceiling market is segregated into commercial, industrial and residential complexes. Gypsum is mostly used in commercial constructions, where gypsum ceiling tiles are used in various sub segment application such as corporate offices, healthcare centers, retail & grocery stores, and educational institutions. Cafeterias, restaurants, lavatories, public utility rooms, gymnasiums, and airport terminals are other commercial end-uses of ceiling systems.
Based on geography, the gypsum ceiling tiles market can be classified into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. North America and Europe are the major markets for gypsum ceiling tiles, led by the upturn in growth of construction industry. The gypsum ceiling tiles companies in Asia-Pacific and Latin America is investing more in research and development due to its unique properties which have led to demand for gypsum ceiling tiles in Asia-Pacific market.
Major players operating in the global gypsum ceiling tiles market are VANS Gypsum , Archiproducts, USG BORAL, Saint-Gobain S.A., Knauf, USG Corporation and others. These companies hold a significant share of the market. Thus, the gypsum ceiling tiles market experiences intense competition.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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