Ceiling Tiles Market | Key Players, SWOT Analysis, Key Indicators and Forecast to 2031

 According to the report, the market is expected to post impressive gains, expanding staggeringly at a CAGR exceeding 10% throughout the forecast period. Increasing construction and infrastructure development activities are spurring demand. ESOMAR-certified consulting firm Future Market Insights (FMI) has recently published a report on the global ceiling tiles market for the forecast period 2021-2031.

The market posed some lucrative gains in the historical forecast, surpassing US$ 26 billion in revenue as of 2018. Residential and commercial construction industries remain the primary application areas for ceiling tiles. Modern ceiling tiles are also equipped with features such as acoustic and thermal insulation, attributes which shall greatly enhance prospects for key manufacturers.

A major trend gripping the ceiling tiles landscape is the drive toward attaining sustainability in construction. The advent of green buildings is a notable development in this regard, with key players emphasizing attributes including sustainably sourced raw materials as well as using recycled substances to manufacture their products.

For instance, Celiume Tiles use 75% less raw material during the manufacturing process and produces 98% post-industrial recycled tiles.

Drivers and Challenges Impact Market Dynamics, which can Impact Businesses. Find more Insights in a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-11097

Competitive Landscape

Prominent manufacturers are effectively deploying a slew of expansion strategies, ranging from customized product offerings to collaborations, mergers, and other capacity expansion initiatives. The market is highly competitive, given the presence of a wide range of regional and global level players.

Key Companies Profiled

  • Armstrong World Industries
  • USG Corporation
  • Hunter Douglas
  • SAS International
  • CertainTeed
  • Rockfon LLC
  • Odenwald Faserplattenwerk GmbH
  • Knauf, Georgia-Pacific LLC
  • Saint-Gobain Gyproc

More Insights on the Global Ceiling Tiles Market

In its latest report, FMI offers an unbiased analysis of the global ceiling tiles market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031.

In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of material (aluminum, fiberglass, PVC, mineral fiber/gypsum, wood, and steel), application (residential, commercial, hospitality, industrial and institutional), installation (surface mount and drop/suspended) and form (laminated, fissured, patterned, plain, textured and coffered) across five major regions.

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