Ceiling Tiles Market: Emerging Economies Expected to Influence Growth until 2026 | Key Players are Armstrong World Industries Inc., Saint-Gobain S.A., USG Corporation, Knauf, Techno Ceiling Products, etc.
Request 100 Page Sample Report Here - https://www.factmr.com/connectus/sample?flag=S&rep_id=640
Decorative exterior and interior trends in the construction industry have impelled the adoption of advanced printing and designing technologies in building materials market. Ceiling tiles and panels seek extensive adoption in interior construction, so as to improve the overall acoustic insulation and aesthetics. Acoustic insulation has been playing a radical role in demand for ceiling tiles, with technological breakthrough leading to greater use of ceiling tiles, particularly in developed countries of Europe and North America.
Ceiling tiles are produced by using naturally occurring raw materials that are abundantly available and are renewable. This has substantially reduced the product cost of ceiling tiles, enabling vendors to sell them at most economical prices. With their property of high reflectance capacity, ceiling tiles reflect over 80% light rays, which in turn help in saving nearly 20% energy consumption. Thermal mass in few types of ceiling tiles absorb daytime heat that is released to the room at nighttime, thereby enabling consumers to curtail their overall cost for cooling, heating, and lighting.
According to a new analytical report of Fact.MR, the global ceiling tiles market is foreseen to reflect an impressive 9.5% value CAGR through the period of forecast, 2017 to 2026. Global sales of ceiling tiles are estimated to reach nearly 12,000 Million Sq. Ft. by 2026-end. Apart from energy and cost savings, ceiling tiles impart incredible interior finish to residential as well as commercial buildings, making them aesthetically appealing.
Mounting Demand for Commercial Spaces to Drive Demand in APEJ
Demand for commercial buildings has witness a steep rise over the past couple of years. Developing nations in Asia-Pacific excluding Japan (APEJ) such as India, China, and South Korea, as well as those in the Middle East have been making heavy expenditure on commercial spaces, including manufacturing plant construction, and institutional buildings.
View Full Global Ceiling Tiles Market Research Report Here - https://www.factmr.com/report/640/ceiling-tiles-market
India will continue to be at the forefront of APEJ’s construction industry, with infrastructure accounting for bulk share of the construction activities. Reduced interest rates have encouraged consumers in the country to make investments in real estate. This has further prompted several builders to commence both commercial and residential projects, thereby creating opportunities for ceiling tiles.
PVC Ceiling Panels Gaining High Popularity
Decorative PVC panels have gained immense traction over the recent past, as one of the most beneficial and affordable materials for installing on ceilings. Greater reliability, termite resistance, and longer lifespan are key attributes of PVC ceiling panels that have propelled their demand in the construction sector. Available in a broad range of colors and patterns, PVC ceiling panels are robust, lightweight, and facilitate handling and installation, devoid of the requirement for special tools.
As easy-to-maintain PVC ceiling panels require lesser human resources, the overall cost of the product is remarkably reduced, thereby resulting into higher demand. In addition, PVC panels complement ideal overall temperature of residential or commercial spaces, which in turn enhances efficiency of air conditioners. Fire resistance property of the 100% anti-mold PVC panels has made them increasingly preferable for ceilings and walls of commercial buildings.
Development of application-specific and innovative products has remained a key strategy among prominent manufacturers of ceiling tiles, in order to attain strong market position and realize optimum business expansion. For example, Rockfon had lauched a new ceiling tile made from stone wool suitable for filming, music, and live performances, under the brand – Cinema Black, for applications in commercial spaces such as auditoriums, theatres, and restaurants.
Buy Useful Statistics about Global Ceiling Tiles Market Report Here - https://www.factmr.com/checkout/640/S
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ceiling Tiles Market: Emerging Economies Expected to Influence Growth until 2026 | Key Players are Armstrong World Industries Inc., Saint-Gobain S.A., USG Corporation, Knauf, Techno Ceiling Products, etc. here
News-ID: 1351666 • Views: 100
More Releases from Fact.MR
PCR and Real-time PCR Molecular Diagnostics Market to Surpass US$ 6 Bn by 2030, …
As per data from the World Health Organization, millions of deaths can be attributed to diseases such as cancer and HIV each year. Further, the recent outbreak of the COVID-19 virus has also created massive demand for effective diagnostics processes. The PCR and real-time PCR molecular diagnostics market has been gaining traction in recent years on the back of investments by PCR diagnostic test manufacturers towards the incorporation of molecular
Biobanking Market to Soar to US$ 3.5 Bn by 2027, Notes Fact.MR
Biobanks are a type of repository which is used in the storage of biological samples, including human and animal tissues, which primarily find use in research applications. Consequently, the process of biobanking has become a very important part of medical research and has played a major role in modern science fields such as personalized medications, and genomics. The global biobanking market is expected to grow at a healthy CAGR of ~
Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
More Releases for Ceiling
Wine Guardian Unveils New Ceiling System
Wine Guardian is excited to announce its newest wine cellar cooling unit— a ceiling system designed specifically for recessed ceiling mounting! The ceiling mounted system is ideal for applications such as wine storage displays, all-glass wine rooms, and rooms that have no space to run ductwork or to install a traditional ductable unit. The ceiling mounted wine cooling unit was created as Wine Guardian continued to enhance and expand its product
Global Ceiling Lights Market Professional Survey Report
The global Ceiling Lights market was valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025. This report focuses on Ceiling Lights volume and value at global level, regional level and company level. From a global perspective, this report represents overall Ceiling Lights market size by analyzing historical data and future prospect. Regionally, this report categorizes the
Strategic Analysis of Gypsum Ceiling Tiles Market
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,
Halogen Surgical Ceiling Lights Market –Trends, Outlook
Halogen surgical ceiling lights or halogen operation lights are mainly used for assisting an operation in which a focused source of light is needed. These innovative lighting structures help in the improvement of surgical or procedural efficiency with its superior light source. If the main light source becomes dysfunctional, another light source is kept reserved in order to support in case of emergencies. A characteristic setup of halogen surgical ceiling
Global Ceiling Tiles Market Size, Share | MarketResearchReports.biz
Latest industry research report on: Global Ceiling Tiles Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Global Ceiling Tiles Market: Snapshot Ceiling tiles, also known as ceiling panels, are sound absorbing and lightweight construction materials which are used to cover a ceiling area. These lightweight tiles are used in the interior of buildings, placed in an aluminum grid for the primary purpose of enhancing the acoustics
Global Ceiling Fans Market 2017- Emerson Ceiling Fans, Minka
Global Ceiling Fans Market 2017, presents a professional and in-depth study on the current state of the Ceiling Fans market globally, providing basic overview of Ceiling Fans market including definitions, classifications, applications and industry chain structure. Historical data available in the report elaborates on the development of the Ceiling Fans market on a global and regional level. The report compares this data with the current Ceiling Fans state of the