Press release
Ceiling Tiles Market– Production, Market Share, Industry Trends, Growth, Size And Forecasts
Market HighlightsCeiling tiles or ceiling panels are lightweight building materials used for covering the ceiling area. Ceiling tiles are generally used everywhere such as the retail store, offices, hospitals, building perimeter, hotels, and transportation terminals. Growing construction industry across the globe is the major factor driving the growth of the market. The increase in the private non-residential spending and the public non-residential spending, is also expected to contribute in the growth of the market. However, fluctuating prices of raw materials, may restrict the growth of the market.
Ceiling tiles or ceiling panels are lightweight building materials used for covering the ceiling area. Ceiling tiles are generally used everywhere such as the retail store, offices, hospitals, building perimeter, hotels, and transportation terminals.
Hence, Global Ceiling Tiles Market is expected to grow at CAGR of 8.2% during the forecast period.
For the purpose of this study, the global ceiling tiles market has been divided on the basis of products, installation types and applications. On the basis of product, the market has been segmented as mineral wool, metal, gypsum, wood and others. Among products, mineral wool accounted for the largest market share. Mineral wool includes fibers derived from slag, rock, and glass wool, which have noise reduction characteristics and are highly used in commercial spaces that are exposed to noisy surroundings. Gypsum is the second largest product type of the market. Now a days, new eco-friendly gypsum based construction materials have come up, which are expected to fuel the demand of the gypsum product. Based on installation type, the market has been segmented as drop in, and glue up. In glue up, ceiling tiles are attached directly to the ceiling surface using adhesive.
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The Prominent Players in the ceiling tiles market include
• Armstrong World Industries, Inc. (U.S.),
• Knauf (Germany),
• Grenzebach BSH GmbH (Germany),
• Rockfon (U.S.),
• USG Corporation (U.S.),
• Saint Gobain S.A. (France),
• SAS International (U.K.),
• Odenwald Faserplattenwerk GmbH (Germany),
• Hunter Douglas (The Netherlands),
• Burgess CEP (U.K.).,
• Decorative Ceiling Tiles, Inc. (U.S.),
• VANS Gypsum Pvt Ltd (India),
• The ReWall Company, LLC (U.S.).
Market Research Analysis
For this study, the global ceiling tiles market has been divided, based on products, installation types and applications. On the basis of products, the market has been segmented as mineral wool, metal, gypsum, wood and others. Among products, mineral wool accounted for the largest market share. Mineral wool includes fibers derived from slag, rock, and glass wool. These have noise reduction characteristics and are highly utilized in commercial spaces that are exposed to noisy surroundings. Gypsum is the second largest product type of the market. Now a days, new eco-friendly gypsum based construction materials have come up, which are expected to fuel the demand of the gypsum product. Based on installation type, the market has been segmented as drop in, and glue up. In glue up, ceiling tiles are attached, directly to a ceiling surface using adhesive.
On the basis of application, the market has been segmented as residential and non-residential. Non-residential dominates the application segment of the market and is expected to grow at the highest CAGR during the forecast period. Ceiling tiles are installed in numerous sub-applications within the non-residential construction sector, in corporate offices, healthcare centers, retail & grocery stores, and educational institutions. They are also installed in cafeterias, hotels, gymnasiums, and airport terminals. Residential is the second largest application segment of the market. Non-residential application is expected to contribute significantly during the forecast period.
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Table of Content
1... Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3... Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Ceiling Tiles Market, By Product
4.1 Introduction
4.2 Mineral Wool
4.3. Metal
4.4 Gypsum
4.5 Woods
4.6 Others
5 Global S Market, By Installation Type
Continue…….
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