Monday, 7 December 2015

Ceiling Tiles Market Expected to Reach US$42.04 bn by 2023 : Transparency Market Research

Ceiling tiles are secondary ceilings suspended below an existing ceiling. Primary raw materials such as mineral fiber, gypsum, and metal are used in the production of ceiling tiles. Mineral tiles are fabricated from a range of raw materials, while wet tiles are produced from perlite, fiber, mineral wool, and recycled paper. Gypsum tiles are manufactured from soft minerals. Thus, these tiles are economical and help provide high aesthetic value along with significant functionality.



Ceilings tiles are primarily used in the construction industry. The market is further bifurcated into residential, non-residential, and industrial segments. The primary constituents of suspended acoustic ceilings are suspension and acoustical grid panels; the composition of each of these panels fluctuates depending upon the end-use application. Based on their usage, ceiling tiles are widely employed in hotels, offices, transportation terminals, building perimeters, and drywall grid systems.

This study analyzes, estimates, and forecasts the global ceiling tiles market in terms of volume (million square meters) and revenue (US$ Mn) from 2014 to 2023. Market numbers given in the report describe the global demand for ceiling tiles, but not production or supply. The ceiling tiles report also analyzes several driving and restraining factors and their impact on the market during the forecast period.

The report provides detailed analysis of the ceiling tiles market by key products and applications. The report segments the market into key products that include mineral wool, metal, gypsum and others (wood, plastic, etc.). The report segments the market into the following key applications: residential, non-residential (including hospitality, commercial, and institutional) and industrial. The report also segments the market based on major geographies into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It further provides volume and revenue for each application segment for each region. This includes 14 unique country-specific analysis.


Based on the application and country, the report analyzes the attractiveness of each segment and country with the help of an attractiveness tool. The study includes value chain analysis, which provides a better understanding of key players in the supply chain from raw material manufacturers to end-users. Additionally, the study analyzes market competition through Porter’s Five Forces Analysis.

The report includes an overview of the market share of key companies in the global ceiling tiles market. Company market share has been derived on the basis of production by manufacturers of ceiling tiles. The key market participants profiled in the study include Armstrong World Industries, Inc., Techno Ceiling Products, ROCKFON, Saint-Gobain S.A., Grenzebach BSH GmbH, Odenwald Faserplattenwerk GmbH, SAS International, USG Corporation, New Ceiling Tiles, LLC, and Knauf. Profiles of key participants comprise important parameters such as company overview, financial overview, business strategy, and recent developments.

Primary research represents the majority of our research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of technical writing, recent trade, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and fruitful approach for procuring precise market data, recognizing business opportunities, and capturing industry participants’ insights.


Secondary research sources that are typically referred to include, company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market. Secondary sources referred for this study include the Association of the Wall and Ceiling Industry, Ceilings & Interior Systems Construction Association, The Ceilings Sustainability Partnership (CSP), and company presentations.

The report segments the global ceiling tiles market as follows:

Ceiling Tiles Market – Product Segment Analysis
  • Mineral Wool
  • Metal
  • Gypsum
  • Others (Wood, Plastic, etc.)
Ceiling Tiles Market – Application Analysis
  • Residential
  • Non-residential
  • Hospitality (Restaurants, Hotels, etc.)
  • Commercial (Offices, Shopping Plazas, etc.)
  • Institutional (Hospital, Educational Institutes, etc.)
  • Industrial (Factories, Warehouses etc.)
Ceiling Tiles Market - Regional Analysis
North America
  • U.S.
  • Canada
  • Mexico
Europe
  • France
  • U.K.
  • Spain
  • Germany
  • Italy
  • Rest of Europe
Asia Pacific
  • China
  • Japan
  • ASEAN
  • Rest of Asia Pacific (APAC)
Latin America
  • Brazil
  • Rest of Latin America (LATAM)
Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa (MEA)
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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