Ceiling Tiles Market – Global Industry Analysis and Forecast (2017-2026)
Ceiling Tiles Market was valued USD 6.81 Billion in 2016 and is expected to reach 12.64 Billion by 2026 at a CAGR of 6.38%.
For effective building design balancing multiple objectives such as aesthetics, acoustics, environmental factors and integration is required. Acoustic balance and control is one of the early objectives of ceiling tiles. Due to trend of decorative interior in the ceiling tiles market there is large enhancement in research & innovations in terms of providing improved visual effects and finishing of building interiors.
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Ceiling tiles market based on material type has been divided into mineral fiber, metal, gypsum and other. Mineral fiber segment is expected to be one of the major contributors for the market growth of ceiling tiles. Increasing demand for mineral fiber ceiling tiles in building construction due to its improved acoustic and aesthetic properties and mineral fiber is largely used material for the manufacturing of ceiling tiles due to easy availability and low cost are some of the factors driving the growth of this segment.
Based on property type, acoustic segment is expected to grow at a highest CAGR during the forecast period. Growth of this segment can be attributed to the capability of ceiling tiles to control and minimize sound. Due to this property acoustic ceiling tiles are largely used in commercial buildings, such as recording studios, concert halls and seminar rooms.
Geographically, North America is dominating the ceiling tiles market. Growth in North America can be attributed to the presence of major players of ceiling tiles market and growth of the building & construction industry. Asia Pacific is projected to grow at a highest CAGR during the forecast period due to the increasing number of construction projects in this region.
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Scope of the Report:
Ceiling Tiles Market, by Material Type:
• Mineral Fiber
• Metal
• Gypsum
• Others
Ceiling Tiles Market, by Property Type:
• Acoustic
• Non-Acoustic
Ceiling Tiles Market, by End User:
• Residential
• Non-Residential
Ceiling Tiles Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Analysed in the Report:
• Armstrong World Industries (US)
• Hunter Douglas (Netherlands)
• USG Corporation (US)
• SAS International (UK)
• Rockfon (Denmark)
• CertainTeed (US)
• Odenwald Faserplattenwerk GmbH (Germany)
• Saint-Gobain Gyproc (France)
• Knauf (Germany)
• Georgia-Pacific (US)
MAJOR TOC OF THE REPORT
Chapter One: Ceiling Tiles Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Ceiling Tiles Market Competition, by Players
Chapter Four: Global Ceiling Tiles Market Size by Regions
Chapter Five: North America Ceiling Tiles Revenue by Countries
Chapter Six: Europe Ceiling Tiles Revenue by Countries
Chapter Seven: Asia-Pacific Ceiling Tiles Revenue by Countries
Chapter Eight: South America Ceiling Tiles Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Ceiling Tiles by Countries
Chapter Ten: Global Ceiling Tiles Market Segment by Type
Chapter Eleven: Global Ceiling Tiles Market Segment by Application
Chapter Twelve: Global Ceiling Tiles Market Size Forecast (2019-2026)
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