DUBLIN--(BUSINESS WIRE)--The "Global Ceiling Tiles Market - Segmented by Raw Material, End-user Industry, and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global ceiling tiles market is expected to register a moderate CAGR during the forecast period, 2018 to 2023. Asia-Pacific region is estimated to lead the market owing to its rapid increase in construction activities. Commercial segment is expected to be the fastest growing by end-user industry.
According to the European Construction Industry Federation (FIEC), construction activity in the whole EU grew by 2.2%, in 2016 when compared to 2015, reaching a total of EUR 1,278 billion. The Dubai Expo 2020, which is set to take place over the six-month period between October 2020 and April 2021, is estimated to attract more than 25 million tourists; this is expected to propel the construction market in Dubai. Additionally, FIFA World-Cup in Qatar (2022) is anticipated to provide significant demand for admixtures in construction activities.
The National Infrastructure Plan 2014-18 of Mexico involves the development of roads, housings, water, health, and other infrastructure segments in the country. Government of India has announced allotment of about INR 50,000 crore (USD 7.34 billion) for the construction of smart cities, across the country. The Chinese government has projected the capital expenditure in construction of HK$ 23,923 million in its proposed budget for 2018-19, i.e. 7% higher than the budget allotted for the FY2017, in order to the construct more affordable flats.
The major ceiling tile types used in office buildings are, drop ceilings tiles and planks, amongst others. Growing number of malls and retail stores across every region, is driving the market for ceiling tiles in the retail segment. Hospitals require some specific ceiling tiles to maintain a hygienic environment. With continuous increase in the number of hospitals, primarily, in North America and the Middle East, the adoption of ceiling tiles is expected to rise in the medical industry.
Key Topics Covered
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
- Armstrong World Industries Inc.
- Foshan Ron Building Material Trading Co. Ltd
- Guangzhou Tital Commerce Co. Ltd
- Haining Shamrock Import & Export Co. Ltd
- MADA GYPSUM
- New Ceiling Tiles LLC
- Odenwald Faserplattenwerk GmbH (OWA)
- Saint Gobain SA
- SAS International S.Andong Huamei Building Materials Co. Ltd
- Techno Ceiling Products
- USG Corporation
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