DUBLIN--(BUSINESS WIRE)--The "Ceiling Tiles Market by Material Type (Mineral Fiber, Metal and Gypsum), Property Type (Acoustic and Non-Acoustic), End User (Residential and Non-Residential), and Region (NA, EU, APAC, MEA, and SA) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The Ceiling Tiles Market is Estimated to Be USD 7.31 Billion in 2017 And is Projected to Reach USD 9.88 Billion By 2022, at a CAGR of 6.2% Between 2017 and 2022.
The increasing demand for ceiling tiles in building & construction projects is one of the most significant factors projected to drive the growth of the ceiling tiles market. Superior properties of ceiling tiles such as improved sound absorption capability and easy installation and recyclability are also contributing to the growth of the ceiling tiles market. However, ceiling tiles are easily susceptible to mold breeding when exposed to water for a long duration of time. This, in turn, is acting as a restraint to the growth of the ceiling tiles market.
The ceiling tiles market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period, in terms of value and volume. This growth can be attributed to the increasing demand for ceiling tiles from the building & construction industry in Asia Pacific countries. Initiatives undertaken by governments of various Asia Pacific countries to promote the development of smart cities is also contributing to the growth of the ceiling tiles market in the Asia Pacific region.
This report provides a comprehensive analysis of key companies listed below:
- Armstrong World Industries (US)
- USG Corporation (US)
- Hunter Douglas (Netherlands)
- SAS International (UK)
- CertainTeed (US)
- Saint-Gobain Gyproc (France)
- Rockfon (Denmark)
- Odenwald Faserplattenwerk GmbH (Germany)
- Knauf (Germany)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Overview and Key Trends
7 Ceiling Tiles Market, By Material Type
8 Ceiling Tiles Market, By Property Type
9 Ceiling Tiles Market, By End User
10 Ceiling Tiles Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/ncx89r/ceiling_tiles?w=4