Increasing construction activities has boosted the demand for ceiling tiles. Ceiling tiles are sound absorbing and lightweight construction materials, which are used to cover a ceiling area. They are used in the interior of buildings, placed in an aluminum grid to enhance the acoustics of a room while providing thermal insulation. Ceiling tiles are generally used in a retail store, offices, hospitals, building perimeter, hotels, and transportation terminals.
The major driving factor for the ceiling tiles market is the growing demand from construction and infrastructure industries, mainly in developing countries, for ceiling tiles. Another important driver for this market is the excellent sound absorbent properties of ceiling tiles. This market is further boosted by the reduced carbon impacts in the processing of raw materials for manufacturing ceiling tiles. Based on raw material type, the mineral wool segment holds the largest share. Gypsum tiles have a scope for growth due to their biodegradable properties. Based on the end-user industry, commercial sector segment registered the largest market share.
The global ceiling tiles market is expected to witness a stiff competition from the easily available and relatively economical substitutes to ceiling tiles, such as, mortar and asphalt. Increasing prices of its raw materials have also negatively impacted the ceiling tiles market.
- Armstrong Worldwide Industries Inc.
- Foshan Ron Building Material Trading Co. Ltd.
- Guangzhou Tital Commerce Co. Ltd.
- Haining Shamrock Import & Export Co. Ltd.
- New Ceiling Tiles LLC
- Odenwald Faserplattenwerk GmbH (OWA)
- Saint Gobain SA
- SAS International
- Shandong Huamei Building Materials Co. Ltd.
- Techno Ceiling Products
- USG Corporation
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Future of the Market
8. Competitive Landscape
9. Company Profiles
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