Ceiling Tiles Market: Environmentally Sustainable Products to be Amongst Highly Needed and Consumed Globally

Transparency Market
Research
Ceiling Tiles Market - Global Industry Analysis, Size, Share,
Forecast 2016 - 2024
Published Date
29-Nov-2017
178 Page Report
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Press Release
Ceiling Tiles Market: Environmentally Sustainable Products to be
Amongst Highly Needed and Consumed Globally :TMR
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Ceiling Tiles Market
REPORT DESCRIPTION
Ceiling Tiles Market (Product - Mineral Wool, Metal, and Gypsum;
Application - Residential, Non-residential, Industrial, Hospitality,
Commercial, and Institutional) - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2016 - 2024
The global ceiling tiles market features a diversified competitive landscape owing to the presence
of a large number of small-medium-, and large-scale companies, with the leading four companies
collectively accounting for a meagre 34% of the entire market in 2015, observes a recent report by
Transparency Market Research. Mirroring the competitive dynamics of a typical fragmented
marketplace, cost pressures, need to bring in products with innovative features and designs, and
technological advancements in manufacturing processes are key for market players to excel and
strengthen their positions in the market.
Companies can be seen focusing on the development of environmentally viable products to exploit
the growth potential of the ‘go-green’ trend in the construction sector of late. Leading vendors such as
Saint-Gobain, Armstrong World Industries, USG Corporation, and Knauf already boast a variety of
products that rank high on the environment sustainability metric. Many more companies in the market
are expected to follow suit in the next few years, delivering products that have least harmful impact on
the environment.
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Transparency Market Research states that the global ceiling tiles market will exhibit a promising
10.1% CAGR from 2016 to 2024, rising from a valuation of US$21.6 bn in 2015 to US$51.3 bn by
2024.
North America to Continue to Take Massive Chunk of Share in Global Market
In terms of product type, the global ceiling tiles market is presently witnessing the trend towards the
increased use of mineral wool. The segment of mineral wool ceiling tiles is expected to witness a
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Ceiling Tiles Market
promising 10.2% CAGR over the report’s forecast period, continuing to remain one of the key choice
of the construction sector across developing and developing economies. In terms of geography, the
market is expected to be driven by the vast rise in demand across North America. The regional
market is expected to occupy a massive 31.8% of the global ceiling tiles market by 2024, chiefly
owing to rising numbers of new construction projects in the region.
Rapid Pace of Industrialization and Urbanization to Catapult Demand
The market for ceiling tiles is expected to gain increased traction owing to rising demand from the
construction sector across developing economies boasting industrialization and urbanization at a
promising pace. The vast rise in investment aimed at the development of public infrastructure in
countries such as India and China are expected to make the Asia Pacific ceiling tiles market a highly
lucrative one in the next few years, acting as one of the primary forces driving the global market.
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The high level of thermal and acoustic insulation provided by ceiling tiles make them useful for lowcost construction projects. High recyclability quotient of several metal- and mineral-based ceiling tiles
are making their use compelling for environmentally sustainable construction projects, persuading
government bodies to ramp up efforts to raise awareness regarding their increased use.
Threat of Easily Available Substitutes to Hinder Uptake of Ceiling Tiles
The global ceiling tiles market is expected to witness stiff competition from easily available and
relatively economical substitutes to ceiling tiles, such as mortar and asphalt. Additionally, the market
is also expected to bear the brunt of fluctuating raw material prices, which have a severe impact on
the overall final cost of cleaning tiles.
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Ceiling Tiles Market
TABLE OF CONTENT
Chapter 01 Preface
1.1 Report Scope and Market Segmentation
1.2 Research Highlights
Chapter 02 Assumptions and Research Methodology
2.1 Assumptions and Acronyms Used
2.2 Research Methodology
Chapter 03 Executive Summary
Chapter 04 Market Overview
4.1 Product Overview
4.2 Key Industry Developments
4.3 Market Indicators
Chapter 05 Market Dynamics
5.1 Drivers and Restraints Snapshot Analysis
5.2 Drivers
5.3 Restraints
5.4 Opportunity Analysis
5.5 Global Ceiling Tiles Market Analysis and Forecast
5.6 Porter’s Analysis
5.7 Value Chain Analysis
Chapter 06 Ceiling Tiles Market Analysis, by Product Type
6.1 Key Findings
6.2 Introduction
6.3 Global Ceiling Tiles Market Value Share Analysis, by Product Type
6.4 Global Ceiling Tiles Market Analysis, by Product Type
6.5 Product Comparison Matrix
6.6 Global Ceiling Tiles Market Attractiveness Analysis, by Product Type
6.7 Key Trends
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Chapter 07 Global Ceiling Tiles Market Analysis, by Application
7.1 Key Findings
7.2 Introduction
7.3 Application Comparison Matrix
7.4 Global Ceiling Tiles Market Value Share Analysis, by Application
7.5 Global Ceiling Tiles Market Forecast, by Application
7.6 Application Comparison Matrix
7.7 Global Ceiling Tiles Market Attractiveness Analysis, by Application
7.8 Key Trends
Chapter 08 Global Ceiling Tiles Market Analysis, by Region
8.1 Global Ceiling Tiles Market Value Share Analysis, by Region
8.2 Global Ceiling Tiles Market Forecast, by Region
8.3 Global Ceiling Tiles Market Attractiveness Analysis, by Region
Chapter 09 North America Ceiling Tiles Market Analysis
9.1 Key Findings
9.2 North America Ceiling Tiles Market Overview
9.3 North America Ceiling Tiles Market Value Share Analysis, by Product Type
9.4 North America Ceiling Tiles Market Forecast by Product Type
9.5 North America Ceiling Tiles Market Value Share Analysis, by Application Type
9.6 North America Ceiling Tiles Market Forecast by Application Type
9.7 North America Market Value Share Analysis, by Country
9.8 U.S. Ceiling Tiles Market Analysis
9.9 Canada Ceiling Tiles Market Analysis
9.10 Mexico Ceiling Tiles Market Analysis
9.11 North America Ceiling Tiles Market Attractiveness Analysis
Chapter 10 Europe Ceiling Tiles Market Analysis
10.1 Key Findings
10.2 Europe Ceiling Tiles Market Overview
10.3 Europe Ceiling Tiles Market Value Share Analysis, by Product Type
10.4 Europe Ceiling Tiles Market Forecast by Product Type
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10.5 Europe Ceiling Tiles Market Value Share Analysis, by Application Type
10.6 Europe Ceiling Tiles Market Forecast by Application Type
10.7 Europe Market Value Share Analysis, by Country
10.8 U.K. Ceiling Tiles Market Analysis
10.9 Germany Ceiling Tiles Market Analysis
10.10 France Ceiling Tiles Market Analysis
10.11 Spain Ceiling Tiles Market Analysis
10.12 Italy Ceiling Tiles Market Analysis
10.13 Rest of Europe Ceiling Tiles Market Analysis
10.14 Europe Ceiling Tiles Market Attractiveness Analysis
Chapter 11 Asia Pacific Ceiling Tiles Market Analysis
11.1 Key Findings
11.2 Asia Pacific Ceiling Tiles Market Overview
11.3 Asia Pacific Ceiling Tiles Market Value Share Analysis, by Product Type
11.4 Asia Pacific Ceiling Tiles Market Forecast by Product Type
11.5 Asia Pacific Ceiling Tiles Market Value Share Analysis, by Application Type
11.6 Asia Pacific Ceiling Tiles Market Forecast by Application Type
11.7 Asia Pacific Market Value Share Analysis, by Country
11.8 China Ceiling Tiles Market Analysis
11.9 Japan Ceiling Tiles Market Analysis
11.10 ASEAN Ceiling Tiles Market Analysis
11.11 Rest of Asia Pacific Ceiling Tiles Market Analysis
11.12 Asia Pacific Ceiling Tiles Market Attractiveness Analysis
Chapter 12 Latin America Ceiling Tiles Market Analysis
12.1 Key Findings
12.2 Latin America Ceiling Tiles Market Overview
12.3 Latin America Ceiling Tiles Market Value Share Analysis, by Product Type
12.4 Latin America Ceiling Tiles Market Forecast by Product Type
12.5 Latin America Ceiling Tiles Market Value Share Analysis, by Application Type
12.6 Latin America Ceiling Tiles Market Forecast by Application Type
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12.7 Latin America Market Value Share Analysis, by Country
12.8 Brazil Ceiling Tiles Market Analysis
12.9 Rest of Latin America Ceiling Tiles Market Analysis
12.10 Latin America Ceiling Tiles Market Attractiveness Analysis
Chapter 13 Middle East & Africa (MEA) Ceiling Tiles Market Analysis
13.1 Key Findings
13.2 Middle East & Africa Ceiling Tiles Market Overview
13.3 Middle East & Africa Ceiling Tiles Market Value Share Analysis, by Product Type
13.4 Middle East & Africa Ceiling Tiles Market Forecast by Product Type
13.5 Middle East & Africa Ceiling Tiles Market Value Share Analysis, by Application Type
13.6 Middle East & Africa Ceiling Tiles Market Forecast by Application Type
13.7 Middle East & Africa Market Value Share Analysis, by Country
13.8 GCC Ceiling Tiles Market Analysis
13.9 South Africa Ceiling Tiles Market Analysis
13.10 Rest of Latin America Ceiling Tiles Market Analysis
13.11 Middle East & Africa Ceiling Tiles Market Attractiveness Analysis
Chapter 14 Competition Landscape
14.1 Ceiling Tiles Market Share Analysis by Company (2015)
14.2 Competition Matrix
14.3 Key Profiles
14.3.1 Armstrong World Industries, Inc.
14.3.1.1 Company Details
14.3.1.2 Company Description
14.3.1.3 Business Overview
14.3.1.4 SWOT Analysis
14.3.1.5 Strategic Overview
14.3.2 Saint-Gobain S.A.
14.3.2.1 Company Details
14.3.2.2 Company Description
14.3.2.3 Business Overview
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14.3.2.4 SWOT Analysis
14.3.2.5 Strategic Overview
14.3.3 USG Corporation
14.3.3.1 Company Details
14.3.3.2 Company Description
14.3.3.3 Business Overview
14.3.3.4 SWOT Analysis
14.3.3.5 Strategic Overview
14.4 Other Profiles
14.4.1 Knauf
14.4.1.1 Company Details
14.4.1.2 Company Description
14.4.1.3 Business Overview
14.4.2 Techno Ceiling Products
14.4.2.1 Company Details
14.4.2.2 Company Description
14.4.2.3 Business Overview
14.4.3 ROCKFON
14.4.3.1 Company Details
14.4.3.2 Company Description
14.4.3.3 Business Overview
14.4.4 MADA GYPSUM
14.4.3.1 Company Details
14.4.3.2 Company Description
14.4.3.3 Business Overview
14.4.5 Odenwald Faserplattenwerk GmbH
14.4.5.1 Company Details
14.4.5.2 Company Description
14.4.5.3 Business Overview
14.4.6 SAS International
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14.4.6.1 Company Details
14.4.6.2 Company Description
14.4.6.3 Business Overview
14.4.7 New Ceiling Tiles, LLC
14.4.7.1 Company Details
14.4.7.2 Company Description
14.4.7.3 Business Overview
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Global Ceiling Tiles Market is estimated to be worth US$51.3 bn by the end of 2024 as compared to US$21.6 bn in 2015. During the forecast years of 2016 and 2024, the global ceiling tiles market is expected to expand at a CAGR of 10.1%.