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The global ceiling tiles market grew at a CAGR of around 5.3% during 2016-2020.
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Ceiling tiles are becoming increasingly popular in both developing and the developed nations. North America is considered the largest market for ceiling tiles and is expected to dominate in the upcoming years as well. This could be attributed to technological advances and the increasing demand for acoustic insulation in the region. Also, the growing popularity of the housing trends is accountable for the advancements in the ceiling tiles industry. Additionally, Europe and the Asia Pacific also witnessed robust growth in the industry. Some of the factors responsible for the industry growth in Europe include strict government policies on emission pollution and easy installation solutions. For instance, European Union, through Paris Agreement, has targeted to reduce emissions by at least 55% by 2030 as compared to that of the 1990s, which is enhancing the demand for biodegradable materials and hence propelling the growth of the market.
In the Asian Pacific region, the substantial drivers are rapid industrialisation, urbanisation and overall development. This is due to the constantly increasing population and the rising need for new urban infrastructures. Construction in emerging countries such as China, the Philippines, India, Vietnam, Hong Kong, and so on, accounts for more than half of the global construction market. These countries are further expected to offer lucrative opportunities for the market expansion of ceiling tiles in the forecast period.
Ceiling tiles, variously known as ceiling panels, are lightweight construction materials used to cover ceilings. They provide not only thermal insulation and sound absorption but also elevate the aesthetics and acoustics of a room. They are commonly used in commercial, residential and industrial applications, such as soundproofing, moisture and fire resistance, air diffusers, lighting fixtures and sprinkle heads. They are further useful in retail stores, offices, hospitals, hotels, and so on.
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The major types of ceiling tiles are divided into:
On the basis of application, the ceiling tiles are segmented into:
The report further looks into the regional market of ceiling tiles like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The increasing commercial construction industry, such as the IT and hospitality industry, is an important driver for the growth of the market. Some of the other significant drivers of the industry are rapid urbanisation, more compact living spaces, the increasing demand for new residential structures and the growing environmental consciousness due to rapid climate change. Ceiling tiles gained popularity due to their sophisticated interior design, durability and availability. The increasing focus on aesthetically pleasing spaces, surging demand from the construction industry, and the reduction of carbon footprints during the manufacturing process are also substantial factors influencing the market growth positively.
Moreover, the tiles are rather low-maintenance and, thus, are widely used for the renovation of offices and public buildings, further elevating the market. Additionally, in developing nations, ceiling tiles not only offer a luxurious and stylish interior but also function as a token of westernisation. They are preferred due to their eco-friendliness and their production from recycled materials. Moreover, the production cost also remains low as compared to its counterpart due to the use of the recycled materials.
The report presents a detailed analysis of the following key players in the global ceiling tiles market, looking into their capacities, market shares, and latest developments like capacity expansions, plan turnarounds and mergers and acquisitions.
The comprehensive EMR report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Ceiling Tiles Market Analysis
8.1 Key Industry Highlights
8.2 Global Ceiling Tiles Historical Market (2016-2020)
8.3 Global Ceiling Tiles Market Forecast (2021-2026)
8.4 Global Ceiling Tiles Market by Type
8.4.1 Metallic Ceiling Tiles
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2016-2020)
126.96.36.199 Forecast Trend (2021-2026)
8.4.2 Mineral Wool Ceiling Tiles
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2016-2020)
220.127.116.11 Forecast Trend (2021-2026)
8.4.3 Gypsum Ceiling Tiles
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2016-2020)
126.96.36.199 Forecast Trend (2021-2026)
8.5 Global Ceiling Tiles Market by Application
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2016-2020)
220.127.116.11 Forecast Trend (2021-2026)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2016-2020)
126.96.36.199 Forecast Trend (2021-2026)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2016-2020)
220.127.116.11 Forecast Trend (2021-2026)
8.6 Global Ceiling Tiles Market by Region
8.6.1 Market Share
18.104.22.168 North America
22.214.171.124 Asia Pacific
126.96.36.199 Latin America
188.8.131.52 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
184.108.40.206 United States of America
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
220.127.116.11 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Manufacturing Process
13.2 Detailed Process Flow
13.3 Operation Involved
14 Project Requirement and Cost Analysis
14.1 Land, Location and Site Development
14.3 Plant Machinery
14.4 Cost of Raw Material
14.9 Other Capital Investment
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 SAS International
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
15.2.2 USG Corporation
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
15.2.3 Odenwald Faserplattenwerk GmbH
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
15.2.4 Knauf Gips KG
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
15.2.5 AWI Licensing LLC
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
16 Industry Events and Developments
List of Figures and Tables
1. Global Ceiling Tiles Market: Key Industry Highlights, 2016 and 2026
2. Global Ceiling Tiles Historical Market: Breakup by Type (USD Billion), 2016-2020
3. Global Ceiling Tiles Market Forecast: Breakup by Type (USD Billion), 2021-2026
4. Global Ceiling Tiles Historical Market: Breakup by Application (USD Billion), 2016-2020
5. Global Ceiling Tiles Market Forecast: Breakup by Application (USD Billion), 2021-2026
6. Global Ceiling Tiles Historical Market: Breakup by Region (USD Billion), 2016-2020
7. Global Ceiling Tiles Market Forecast: Breakup by Region (USD Billion), 2021-2026
8. North America Ceiling Tiles Historical Market: Breakup by Country (USD Billion), 2016-2020
9. North America Ceiling Tiles Market Forecast: Breakup by Country (USD Billion), 2021-2026
10. Europe Ceiling Tiles Historical Market: Breakup by Country (USD Billion), 2016-2020
11. Europe Ceiling Tiles Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Asia Pacific Ceiling Tiles Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Asia Pacific Ceiling Tiles Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Latin America Ceiling Tiles Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Latin America Ceiling Tiles Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Middle East and Africa Ceiling Tiles Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Middle East and Africa Ceiling Tiles Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Global Ceiling Tiles Market Structure
The global ceiling tiles market witnessed a growth at a CAGR of 5.3% between the historical period of 2016 and 2020.
The major drivers of the industry, such as the increasing urbanisation and industrialisation rates, large scale spending on green-building projects, and the rising demand for new residential structures across various countries, are expected to aid the market growth.
The key market trends guiding the growth of the ceiling tiles industry include the growing technological advancements in the manufacturing process to produce sustainable products.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest market share.
Mineral wool ceiling tiles, gypsum ceiling tiles, and metallic ceiling tiles, among others, are the major types of the product in the industry.
Commercial, industrial, and residential, among others, are the leading applications of the product in the industry.
The major players in the industry are SAS International, USG Corporation, Odenwald Faserplattenwerk GmbH, Knauf Gips KG, and AWI Licensing LLC, among others.
The global ceiling tiles market is being driven by the increasing urbanisation and industrialisation rates. Aided by large scale spending on green-building projects, the market witnessed growth in the historical period of 2016-2020 at a CAGR of 5.3%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the industry can be segmented into mineral wool ceiling tiles, gypsum ceiling tiles, and metallic ceiling tiles, among others. On the basis of applications, the industry is divided into commercial, industrial, residential, and others. The major regional markets for ceiling tiles are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America being the leading regional market. The key players in the above market include SAS International, USG Corporation, Odenwald Faserplattenwerk GmbH, Knauf Gips KG, and AWI Licensing LLC, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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