Press release
Ceiling Tile Global Market Size, Growth, Share with Countries Data, Industry Trends, Demand, Revenue and Forecast 2028 | USG Corporation, Hunter Douglas N.V., SAS International Ltd., KET Ceilings, AWI Licensing LLC
The ceiling tile market size has grown strongly in recent years. It will grow from $8.1 billion in 2023 to $8.77 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to increased commercial construction, increased focus on aesthetic appeal, increased fire safety regulations, growth in residential renovations, and rapid urbanization.The ceiling tile market size is expected to see strong growth in the next few years. It will grow to $12.06 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to increasing focus on energy efficiency, increasing noise pollution concerns, increasing health and wellbeing focus, growing sustainability, and increasing residential construction. Major trends in the forecast period include technological advancements, smart ceiling tiles, integration with home automation, adoption of customized products, and product innovations.
Market Overview -
Ceiling tiles are low-weight construction materials used for covering ceilings. Ceiling tiles, also known as ceiling panels, drop ceilings, and suspended ceilings, are generally aligned in a steel or aluminum grid, as they provide some thermal insulation but are usually designed to improve the aesthetics and acoustics of a room.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=6588&type=smp
Construction Boom Fuels Substantial Growth In The Ceiling Tile Market
The increase in construction is significantly contributing to the growth of the ceiling tile market going forward. Construction is the process of building, altering, repairing, remodeling, improving, or demolishing any structure. The rise of high-end apartments, houses, and skyscrapers in developing countries is driving the growth of premium ceiling tiles. For instance, according to Oxford Economics, a UK-based company that provides global economic forecasting, the volume of construction output is expected to grow by 85% by 2030. The major countries contributing to this growth are China, India, and the USA. Therefore, the increase in construction is driving the ceiling tile market growth.
Competitive Landscape -
Major companies operating in the ceiling tile market include Rockwool International A/S, USG Corporation, Hunter Douglas N.V., SAS International Ltd., Odenwald Faserplattenwerk GmbH, Knauf Gips KG, Saint Gobain India Pvt. Ltd., Byucksan Corporation, KET Ceilings, AWI Licensing LLC, New Ceiling Tiles LLC, CertainTeed Corporation, HIL Limited, Rockfon LLC, Armstrong World Industries Inc., Haining Shamrock Import & Export Co. Ltd., Georgia-Pacific LLC, Gypsum Management and Supply Inc., National Gypsum Company, Acoustic Ceiling Products LLC, Ceilume, Chicago Metallic Corporation, Decoustics, Ecophon, Foshan Ron Building Material Trading Co. Ltd., Guangzhou Titan Commercial Co. Ltd., Haining Chaodi Plastic Co. Ltd., Knauf Danoline A/S, Hunter Douglas Architectural, OWA Ceiling Systems GmbH, Shandong Huamei Building Materials Co. Ltd.
Innovative Products Redefining The Ceiling Tile Market Spotlight On Clearone's Bma 360D
Product innovations have emerged as the key trend gaining popularity in the ceiling tile market. Companies manufacturing ceiling tiles are developing innovative products to strengthen their positions in the market. For instance, in June 2023, ClearOne Communications Inc., a US-based network streaming, conferencing, and collaboration solutions company, launched BMA 360D, the world's most sophisticated beamforming microphone array ceiling tile. The BMA 360D provides unparalleled audio performance as well as native interoperability with any Dante-enabled DSP mixer.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/ceiling-tile-global-market-report
Key Segments -
The ceiling tile market covered in this report is segmented -
1) By Installation: Surface Mount, Drop or Suspended
2) By Material Type: Mineral Wool, Metal, Gypsum, Other Materials
3) By Form: Laminated, Fissured, Patterned, Plain, Textured, Coffered
4) By Application: Residential, Commercial, Industrial, Institutional
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
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 Tile Global Market Size, Growth, Share with Countries Data, Industry Trends, Demand, Revenue and Forecast 2028 | USG Corporation, Hunter Douglas N.V., SAS International Ltd., KET Ceilings, AWI Licensing LLC here
News-ID: 3492594 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Ceiling
Brooklyn Ceiling Collapse Attorney Samantha Kucher Addresses Dangers of Ceiling …
Samantha Kucher (https://www.rrklawgroup.com/what-causes-a-ceiling-to-collapse/), a Brooklyn ceiling collapse attorney, is drawing attention to the severe risks posed by collapsing ceilings in New York City. With aging infrastructure, poor maintenance practices, and frequent weather-related stressors, ceiling collapses have become a pressing concern for many Brooklyn residents. Kucher Law Group outlines the causes, risks, and legal implications of such incidents in their recent article, "What Causes a Ceiling to Collapse?"
The blog post underscores…
Mineral Fiber Ceiling Market Installed For Attached Leg Of Research | New Ceilin …
Report Ocean released a report that presents a detailed analysis of the Global Mineral Fiber Ceiling Market, along with insights into key factors which drive the market.
The report is a comprehensive and systematic analysis of the market, providing key statistics on market developments, analyst opinions, competitive landscapes, and regional analysis, among other factors. This report presents a comprehensive and expert analysis of key business trends and market forecasts for Global…
Ceiling Tiles MarketAnalysis, Statistics, Regional, And Global Forecast To 2026 …
A new study on the Ceiling Tiles market provides a detailed overview of the demands and consumptions of various products/services associated with the growth dynamics of the market. The in-depth market estimation of various opportunities in the segments is expressed in volumes and revenues during the forecast period 2017 to 2026. The insights and analytics on the Ceiling Tiles market span several pages. These are covered in numerous sections, including, drivers and restraints,…
New Business Opportunities of Global Ceiling Tiles Market 2017-2021 : Saint-Goba …
Researchmoz added Most up-to-date research on "Global Ceiling Tiles Market 2017-2021" to its huge collection of research reports.
About Ceiling Tiles
Ceiling tiles are ancillary tiles and are made of various types of materials, including mineral wool, perlite, natural starch, gypsum, recycled paper, recycled tile, metal, and clay. Mineral tiles are produced from a varied number of raw materials, whereas wet tiles are produced from mineral wool, fiber, and recycled paper. Gypsum…
Ceiling Tiles Market: Global Ceiling Tiles Forecasts USD 30.0 Billion by 2020
According to the report, the global ceiling tiles market was valued at USD 14.8 billion in 2014 and is expected to reach USD 30.0 billion by 2020, growing at a CAGR of around 9% between 2015 and 2020. In terms of volume, global ceiling tiles market stood at 990 million tons in 2014.
Primarily ceiling tiles are made from mineral fiber, but other materials are available, such as fiberglass. Ceiling…
Ceiling Fans Market 2017 Hunter Fan Company, Casablanca, Emerson Ceiling Fans
Global Ceiling Fans Market 2017 report spread across 120 pages gives Market Segment Analysis by Key Manufacturers, Countries, Types and Applications. A ceiling fan is a mechanical fan, usually electrically powered, suspended from the ceiling of a room that uses hub-mounted rotating paddles to circulate air.
Complete report is available at https://goo.gl/7vkeqN.
Scope of the Report:
This report focuses on the Global Ceiling Fans market, especially in North America, Europe and Asia-Pacific, South…
