Global Ceiling Tiles Market Expected to Reach USD 8.32 Billion by 2022, Driven by Growing Demand for Thermal and Acoustic Insulation

The global ceiling tiles market is seeing significant growth, with its size reaching USD 8.32 billion in 2022. A new analysis by Emergen Research projects a robust growth rate with an 18.6% compound annual growth rate (CAGR) over the forecast period, driven by a rising demand for ceiling tiles that offer both thermal and acoustic insulation.

As energy efficiency and noise control become increasingly prioritized in building designs, ceiling tiles equipped with advanced insulation are playing an essential role in creating comfortable environments. These tiles help regulate indoor temperatures, reducing reliance on heating and cooling systems.

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Additionally, they help control noise levels by absorbing sound waves, which is particularly valuable in offices, schools, and healthcare settings, where focus and privacy are critical. New regulations, such as the American National Standards Institute's guidelines for sound absorption in commercial buildings, are also supporting market growth. For instance, certain healthcare and senior care facilities now require ceiling tiles with a Noise Reduction Coefficient (NRC) of 0.90 or higher to meet sound control standards.

Market Challenges

While the ceiling tiles market shows promising growth, it also faces some challenges. Supply chain disruptions and increasing raw material costs, including prices for metals and gypsum, are creating pressures on manufacturers. These cost increases make it difficult for manufacturers to balance quality with affordability, which could impact profit margins and, consequently, market revenue growth.

Key Market Insights

Material Segments: The gypsum segment is expected to account for the largest share of revenue in the ceiling tiles market. Gypsum tiles are favored for their fire-resistant properties, making them essential in commercial and public spaces that must comply with strict fire safety standards. They are also easy to install and versatile, saving time and costs during installation.

Property Types: Non-acoustic ceiling tiles are expected to see steady revenue growth as well. These tiles are valued for their cost-effectiveness, particularly in private offices, storage areas, and utility spaces where sound control is less important. Non-acoustic tiles come in a variety of styles, patterns, and finishes, allowing for aesthetic flexibility and custom design options.

Regional Growth: The Asia Pacific region, led by China, Japan, and India, held the largest revenue share of the ceiling tiles market in 2022. Construction activity is booming in the region, and China, in particular, has increased its investments in infrastructure projects, with over 10,000 projects initiated in early 2023. This growth aligns with China's 14th Five-Year Plan, which aims to integrate digital technology in construction.

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Key Players and Industry Updates

Leading companies in the global ceiling tiles market include Armstrong World Industries, Saint-Gobain S.A., USG Corporation, Rockwool A/S, and others. These companies are continuously innovating to address the increasing demand for high-performance ceiling tiles. For example, in January 2021, Saint-Gobain's Gyproc launched its first ceiling tile manufacturing plant in Gujarat, India. The plant, covering over 21,000 square feet with an annual production capacity of 6 million square meters, aims to reduce India's reliance on imports for gypsum ceiling tiles, supporting local demand at competitive prices.

Emergen Research has segmented the global ceiling tiles market on the basis of material type, property type, application, and region:

Material Type Outlook (Revenue, USD Billion; 2019-2032)
Mineral Fiber
Gypsum
Metal
Polyvinyl Chloride (PVC)
Others

Property Type Outlook (Revenue, USD Billion; 2019-2032)
Acoustic
Non-Acoustic

Application Outlook (Revenue, USD Billion; 2019-2032)
Commercial
Offices
Retail Spaces
Hospitality
Healthcare
Education
Others
Residential
Industrial

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Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

This release was published on openPR.