Ceiling Tiles Market was valued USD 7.71 Billion in 2019and is expected to reach XX Billion by 2027 at a CAGR of XX %.
The report includes the analysis of impact of COVID-19lock-down on the revenue of market leaders, followers, and disrupters. Sincelock down was implemented differently in different regions and countries,impact of same is also different by regions and segments. The report hascovered the current short term and long term impact on the market, same willhelp decision makers to prepare the outline for short term and long termstrategies for companies by region.
For effective building design balancing multipleobjectives such as aesthetics, acoustics, environmental factors and integrationis required. Acoustic balance and control is one of the early objectives ofceiling tiles. Due to trend of decorative interior in the ceiling tiles marketthere is large enhancement in research & innovations in terms of providingimproved visual effects and finishing of building interiors.
Ceiling tiles market based on material type has beendivided into mineral fiber, metal, gypsum and other. Mineral fiber segment isexpected to be one of the major contributors for the market growth of ceilingtiles. Increasing demand for mineral fiber ceiling tiles in buildingconstruction due to its improved acoustic and aesthetic properties and mineralfiber is largely used material for the manufacturing of ceiling tiles due toeasy availability and low cost are some of the factors driving the growth ofthis segment.
Based on property type, acoustic segment is expected togrow at a highest CAGR during the forecast period. Growth of this segment canbe attributed to the capability of ceiling tiles to control and minimize sound.Due to this property acoustic ceiling tiles are largely used in commercialbuildings, such as recording studios, concert halls and seminar rooms.
Geographically, North America is dominating the ceilingtiles market. Growth in North America can be attributed to the presence ofmajor players of ceiling tiles market and growth of the building &construction industry. Asia Pacific is projected to grow at a highest CAGRduring the forecast period due to the increasing number of constructionprojects in this region.
Scope of the Report:
Ceiling Tiles Market, by Material Type:
• Mineral Fiber
Ceiling Tiles Market, by Property Type:
Ceiling Tiles Market, by End User:
Ceiling Tiles Market, by Geography:
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Analysed in the Report:
• Armstrong World Industries (US)
• Hunter Douglas (Netherlands)
• USG Corporation (US)
• SAS International (UK)
• Rockfon (Denmark)
• CertainTeed (US)
• Odenwald Faserplattenwerk GmbH (Germany)
• Saint-Gobain Gyproc (France)
• Knauf (Germany)
• Georgia-Pacific (US)
• Babcock and Wilcox Company
• Hitachi GE Nuclear Energy Ltd.For More Information:
https://www.maximizemarketresearch.com/market-report/ceiling-tiles-market/1841/ReportIs Submitted By : Maximize Market Research Company
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