Ceiling Tiles Market is expected to reach USD 12.64 Billion by 2026 from USD 6.81 Billion in 2016 at a CAGR of 6.38% (Detailed analysis of the market CAGR is provided in the report). For effective building design balancing multiple objectives such as aesthetics, acoustics, environmental factors and integration is required. Acoustic balance and control is one of the early objectives of ceiling tiles. Due to trend of decorative interior there is large enhancement in research & innovations in terms of providing improved visual effects and finishing of building interiors.
Ceiling Tiles Market
The ceiling tiles market based on material type has been divided into mineral fiber, metal, gypsum and others. The mineral fiber segment is expected to be one of the major contributors for the market growth of ceiling tiles. Increasing demand for mineral fiber ceiling tiles in building construction due to its improved acoustic and aesthetic properties and mineral fiber is largely used material for the manufacturing of ceiling tiles due to easy availability and low cost are some of the factors driving the growth of this segment. Based on property type, the acoustic segment is expected to grow at a high CAGR during the forecast period. The growth of this segment can be attributed to the capability of ceiling tiles to control and minimize sound. Due to this property acoustic ceiling tiles are largely used in commercial buildings, such as recording studios, concert halls and seminar rooms. The non-residential end user segment is expected to hold one of the largest shares of the ceiling tiles market during the forecast period among end-user.
Geographically, North America is expected to be one of the largest markets for ceiling tiles. The growth in North America can be attributed to the presence of major players of ceiling tiles market and growth of the building & construction industry. Asia Pacific is projected to grow at a high CAGR during the forecast period due to the increasing number of construction projects in this region.
The years that have been considered for the study are:
• Base year – 2016
• Estimated year – 2017
• Forecast period – 2016 to 2026

Key Highlights:

• Ceiling tiles market analysis and forecast, in terms of volume and value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the ceiling tiles market.
• Ceiling tiles market segmentation on the basis of material type, property type, end-user and geography (country-wise) has been provided.
• Ceiling tiles market strategic analysis with respect to individual growth trends, future prospects along with contribution of various sub-market stakeholders have been considered under the scope of study.
• Ceiling tiles market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the ceiling tiles market are also profiled.

Research Methodology
Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about ceiling tiles market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the ceiling tiles market globally.
The key players operating in the ceiling tiles market include

• 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)

Key Target Audience:
• Ceiling Tiles Manufacturers
• Raw Material Suppliers
• Ceiling Tiles Distributors and Suppliers
• Industry Associations
• End-Use Industries
Scope of the Ceiling Tiles Market Report:

The research report segments the ceiling tiles market based on material type, property type, end-user and geography
Ceiling Tiles Market, by Material Type:

• Mineral Fiber
• Metal
• Gypsum
• Others
Ceiling Tiles Market, by Property Type:

• Acoustic
• Non-Acoustic
Ceiling Tiles Market, by End User:

• Residential
• Non-Residential
Ceiling Tiles Market, by Geography:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Geographic Analysis
• Breakdown of North America Ceiling Tiles Market
• Breakdown of Europe Ceiling Tiles Market
• Breakdown of Asia Pacific Ceiling Tiles Market
• Breakdown of Middle East & Africa Ceiling Tiles Market
• Breakdown of Latin America Ceiling Tiles Market

This Information is given by market research company (www.maximizemarketresearch.com)
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