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Ceiling Tiles Market Key Players & Growth Rate and Forecasts

01-19-2023 09:51 AM CET | Industry, Real Estate & Construction

Press release from: Analytics Market Research

Global Ceiling Tiles Market

Global Ceiling Tiles Market

Ceiling Tiles Market size was valued at USD 7.2 Billion in 2022 and is projected to reach USD 15.7 Billion by 2030, growing at a CAGR of 7.87% from 2023 to 2030.

Thin building materials, ceiling tiles (also known as ceiling panels), are used to enhance the aesthetics of a space. In addition to suspended ceilings, they can also be used for cathedral, domed, vaulted, shed, tray, and coved ceilings. They are made from a variety of materials, including clay, metal, gypsum, recycled paper, and natural starch. These tiles provide a number of advantages, including resilience, low maintenance requirements, fire resistance, thermal insulation, sound absorption, and natural light reflection. As a result, they are commonly used in the construction and remodelling of offices, schools, cafeterias, hospitals, retail stores, hotels, and airports.

The acoustical decorative metal ceiling tiles with expanded metal are steering revenue opportunities for manufacturers in the global market. Car dealership spaces and retail stores are fueling the demand for metal ceiling tiles. Modern and eye-catching patterns are preferred in metal ceiling tiles that provide high-performance acoustics. Manufacturers are increasing the availability of a variety of backing colors and sizes in these tiles to boost sales.

Ceiling tiles, also called ceiling panels are lightweight construction materials that are being used in order to improve the overall aesthetics of the room or any space. These tiles can be used for various ceiling types such as tray, domed, suspended, shed, vaulted and decorative. There are some merits associated with the ceiling tiles, which include low-maintenance, thermal insulation, fire resistance, durability, and absorption of sound. Ceiling tiles or ceiling boards are one of the most commonly used construction components.

The rising adoption of environmentally friendly tiles which are being certified for the green building standards for emitting low VOCs is expected to influence the utilization of conventional products during the forecast period. The prominent manufacturers are improving their product portfolio by launching low-VOC emitting and asbestos-free product lines into the global Ceiling Tiles Market. While key players are majorly emphasizing on developing mineral fiber or gypsum derived tiles, several manufacturers are also exploring more sustainable alternatives, including recycled metals, in the wake of the rapidly penetrating green building trends across both the developed and developing economies. Preference is especially high for laminated ceiling tiles, owing to their light weight and high aesthetic appeal.

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Global Ceiling Tiles Market: Segmentations

Global Ceiling Tiles Market: By Key Players
AWI
Knauf
Rockfon
Saint-Gobain
SAS International
USG
Chicago Metallic
Foshan Ron Building Material Trading
Grenzebach BSH
Guangzhou Tital Commerce
Haining Chaodi Plastic
Shandong Huamei Building Materials
New Ceiling Tiles
Odenwald Faserplattenwerk
Techno Ceiling Products

Global Ceiling Tiles Market: By Types
Vinyl Laminated Gypsum Ceiling Tiles
PVC Laminated Gypsum Ceiling Tiles

Global Ceiling Tiles Market: By Applications
Residential
Non-Residential

Global Ceiling Tiles Market: Regional Analysis
The countries covered in the regional analysis of the Global Ceiling Tiles market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Reasons to Purchase this Report
1. Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
2. Provision of market value (USD Billion) data for each segment and sub-segment
3. Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
4. Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
5. Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
6. Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
7. The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
8. Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
9. Provides insight into the market through Value Chain
10. Market dynamics scenario, along with growth opportunities of the market in the years to come

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About US
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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