Ceiling Tiles Market by Material Type, Ownership Type, End User, and Region

DUBLIN, November 18, 2022 /PRNewswire/ — The “Global 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 ) – Forecast until 2027″ report has been added to from ResearchAndMarkets.com offer.

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The ceiling tile market is estimated at $8.4 billion in 2022 and should reach $11.7 billion by 2027, to a CAGR by 6.8% between 2022 and 2027.

Growing demand for ceiling tiles for green building construction is driving market growth

A significant proportion of ceiling tiles are produced from recycled raw materials such as slag mineral wool, mineral fiber, metal, gypsum and recycled paper. Ceiling tiles made from these materials are recyclable. Thanks to the use of these recyclable raw materials, the ceiling tile manufacturing process has a low carbon footprint.

These ceiling tiles comply with building regulations of developed economies which emphasize the reduction of CO2 emissions during the construction of any building. Buildings are responsible for 39% of global energy-related carbon emissions, and the building stock is expected to double by 2050 according to the World Green Building Council (WorldGBC).

The United States Green Building Council (USGBC), a nonprofit trade organization, promotes the construction of environmentally responsible, cost-effective, and healthy buildings for living and working. The ceiling tiles, being recyclable and environmentally friendly, fulfill the program stipulated by the USGBC. Thus, there is an increased demand for ceiling tiles in green building construction.

Sensitivity to Mold Damage to Limit Market Growth

Modern acoustic ceiling tiles are easily susceptible to mold growth when exposed to water for a long time. Mold damage creates unnecessary downtime in restaurants, commercial kitchens and food processing plants. Thus, the use of ceiling tiles is often restricted in these spaces. Hence, the growth of the ceiling tile market is hampered by their susceptibility to mold damage.

Growth of the construction industry to create opportunities for the ceiling tile market

The ceiling tile market is expected to witness a positive outlook over the forecast period as developed economies target long-term investments in the building and construction industry. According to Statista, the building and construction industry in the United States is expected to show a positive growth trend. The construction industry market size in the United States was valued at around $1.36 trillion end of 2020.

This positive growth in both residential and non-residential sectors is expected to boost the ceiling tile market in the United States. In addition, developing economies such as China and Brazil should also show good growth in the building and construction industry. There is an increase in spending in construction and national infrastructure and real estate investments across the world. Growing urbanization and national commitments to conserve resources and reduce greenhouse gas emissions are expected to drive the ceiling tile market during the forecast period.

North America is the market leader in ceiling tiles by value and volume

North America is the largest ceiling tile market. The presence of prominent players such as Armstrong World Industries (USA) has helped the region gain a dominant position in the global ceiling tile market. Armstrong World Industries (USA) conducts over 65% of its business in the North American region.

The region is experiencing a high demand for ceiling tiles for various residential and non-residential purposes. North America is one of the largest construction markets in the world. The building and construction industry in North America is highly developed, and the architects and builders present in this region know and master the use of modern architecture in residential and non-residential construction. The region also has consumers demanding more aesthetically appealing building and construction solutions, including non-acoustical ceiling tiles for residential and non-residential applications.

Main topics covered:

1. Introduction

2 Research methodology

3 Executive summary

4 premium previews

5 Market Overview
5.1 Presentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing demand from emerging economies
5.2.1.2 Rise in Demand for Ceiling Tiles in Green Building Construction
5.2.1.3 Increase in demand for replacement of old or damaged tiles
5.2.2 Constraints
5.2.2.1 Susceptibility to mold damage
5.2.2.2 High cost of ceiling tiles
5.2.3 Opportunities
5.2.3.1 Growing use of ceiling tiles to improve aesthetics
5.2.3.2 Growth of construction industry
5.2.4 Challenges
5.2.4.1 Reducing the cost of installing ceiling tiles
5.2.4.2 Market recovery after COVID-19
5.3 Industry trends
5.3.1 Porter’s Five Forces Analysis
5.3.2 Threat of new entrants
5.3.3 Threat of Substitutes
5.3.4 Bargaining power of suppliers
5.3.5 Bargaining power of buyers
5.3.6 Intensity of Competitive Rivalry
5.4 Key Players and Purchase Criteria
5.4.1 Main players in the purchasing process
5.4.2 Purchase criteria
5.5 Supply Chain Analysis
5.6 Ecosystem: Ceiling Tiles Market
5.7 Value chain analysis
5.7.1 Raw materials
5.7.2 Manufacturers
5.8 Technology Analysis
5.9 Price Analysis
5.9.1 Key Players Average Sale Prices, by End User
5.9.2 Average sale price trend
5.10 Ceiling Tiles Market: Optimistic, Pessimistic and Realistic Scenarios
5.10.1 Optimistic scenario
5.10.2 Pessimistic scenario
5.10.3 Realistic Scenario
5.11 Main markets for import/export
5.12 Impact of COVID-19
5.13 Patent Analysis
5.14 Key Conferences and Events in 2022-2023
5.15 Pricing and regulatory landscape
5.16 Analysis of case studies
5.17 Trends and disruptions affecting customers

6 Ceiling Tiles Market, By Material Type
6.1 Presentation
6.2 Mineral fiber ceiling tiles
6.2.1 Mineral Fiber Ceiling Tiles Market, by Region
6.3 Metal ceiling tiles
6.3.1 Metal Ceiling Tiles Market, by Region
6.4 Gypsum ceiling tiles
6.4.1 Plaster Ceiling Tiles Market, by Region
6.5 Other ceiling tiles
6.5.1 Wooden ceiling tiles
6.5.2 Composite ceiling tiles
6.5.3 Plastic ceiling tiles
6.5.4 Other Ceiling Tiles Market, by Region

7 Ceiling Tiles Market, By Property Type
7.1 Presentation
7.2 Acoustics
7.2.1 Acoustic Ceiling Tiles Market, by Region
7.3 Non-acoustic
7.3.1 Non-Acoustical Ceiling Tiles Market Size, by Region

8 Ceiling Tiles Market, By End User
8.1 Presentation
8.2 Non-residential
8.2.1 Establishments
8.2.2 Hospitals
8.2.3 Offices
8.2.4 Non-Residential: Ceiling Tiles Market, by Region
8.3 Residential
8.3.1 Residential: Ceiling Tiles Market, by Region

9 Ceiling Tiles Market, by Region

10 Competitive Landscape
10.1 Presentation
10.2 Market Share Analysis
10.3 Market Ranking
10.4 Market Assessment Framework
10.5 Major Market Players Revenue Analysis
10.6 Business Evaluation Matrix
10.6.1 Star
10.6.2 Omnipresent
10.6.3 Participants
10.6.4 Emerging Leaders
10.6.5 Strength of product portfolio
10.6.6 Business Strategy Excellence
10.7 Small and Medium Enterprise (SME) Assessment Matrix
10.8 Startup/Small and Medium Enterprise (SME) Assessment Matrix
10.8.1 Progressive companies
10.8.2 Sensitive companies
10.8.3 Dynamic companies
10.8.4 Starting Blocks

11 company profiles
11.1 Key Companies
11.1.1 Armstrong World Industries, Inc.
11.1.2 Gebr. Knauf Kg
11.1.3 Hunter Douglas
11.1.4 Saint-Gobain SA
11.1.5 Ket Ceilings
11.1.6 Aerolite Industries Pvt. ltd.
11.1.7 Rockfon
11.1.8 Odenwald Faserplattenwerk GmbH
11.1.9 Georgia-Peaceful
11.1.10 SAS International
11.2 Other Players
11.2.1 Burgess Cep
11.2.2 Shandong Huamei Building Materials Co., Ltd.
11.2.3 Acoustiver
11.2.4 Mada Gypsum
11.2.5 Byucksan Company
11.2.6 Limited Hil
11.2.7 Techno Ceiling Products
11.2.8 Ceiling
11.2.9 Ceilings Renhurst Pty Ltd.
11.2.10 Acoustical Ceiling Products LLC

12 Appendix

For more information on this report, visit https://www.researchandmarkets.com/r/ci8fp1

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