The U.S. ceiling tiles market size is anticipated to
reach at USD 3.18 billion by 2025, registering a CAGR of 9.6%, according to a
new report by Grand View Research, Inc. Ceiling tiles are mainly used to
provide better acoustic insulation for interior constructions. High demand from
the construction industry in U.S. is expected to be the key factor booting the
market growth. In addition, changing consumer lifestyles and growing demand for
insulation is likely to drive the market further. Consumer awareness regarding
the availability of innovative construction solutions that are durable and
require low maintenance is also expected to impact the market favorably.
Mineral
wool, fiberglass, metal, and gypsum are the major types of ceiling tiles
available in the U.S. market. Other product types include wood and
polycarbonate. All these products are lightweight, eco-friendly, and have a
significant noise reduction coefficient. Trend of decorative and aesthetically
appealing interiors and exteriors in the construction sector has impelled the
use of advanced designing and printing technologies in the building materials
market. The market is also witnessing innovation in walls and flooring
materials, such as carpets, tiles, and coatings, aimed at creating unique and
exquisite designs. On the contrary, ceiling tiles, ceiling suspension systems,
and other specialty ceiling products have observed a relatively slow progress over
the recent years.
This,
in turn, is expected to create new avenues for research and innovation, in
terms of providing enhanced visual effects and improved finishes for ceilings.
Prominent manufacturers that offer mineral wool and fiberglass ceiling tiles
include Armstrong World Industries, Inc. and ROCKWOOL International A/S. Knauf
Gips KG, Hunter Douglas N.V., and SAS International offer gypsum and metal
ceiling tiles. These industry participants supply ceiling tiles via different
distribution modes, such as direct supply, wholesale or bulk selling,
third-party supply contracts, and by various online portals. Owing to
third-party agreements, companies are expected to benefit in terms of gaining
access to the regional distribution and marketing networks while meeting the
growing demand from key end users in the region.
For full research report on U.S. Ceiling Tiles Market visit here:
https://www.grandviewresearch.com/industry-analysis/us-ceiling-tiles-market
Further key findings from the study suggest:
- In terms
of volume, mineral wool ceiling tiles segment captured the largest
industry share of 42.5% in 2017 and will expand further at a notable CAGR
over the forecast period
- In terms
of revenue, metal ceiling tiles segment is expected to witness the fastest
CAGR of 8.7% during the estimated period
- The
commercial construction application segment is expected to witness a
substantial growth in the coming years
- The U.S.
ceiling tiles market is partially consolidated and competitive in nature,
with the presence of global multinational companies
- Some of
the key companies in this market are Armstrong World Industries, Inc.; USG
Corporation; Knauf Gips KG; Rockwool International A/S; Compagnie de
Saint-Gobain S.A.;, SAS International; and Hunter Douglas N.V.
Get request sample of this report
here: https://www.grandviewresearch.com/industry-analysis/us-ceiling-tiles-market/request/rs1
Grand
View Research has segmented the U.S. ceiling tiles market on the basis of
product and application:
U.S. Ceiling Tiles Product Outlook (Volume, Million Square Meters;
Revenue, USD Million, 2014 - 2025)
- Mineral
Wool
- Metal
- Gypsum
- Others
U.S. Ceiling Tiles Application Outlook (Volume, Million Square Meters;
Revenue, USD Million, 2014 - 2025)
- Commercial
- Residential
- Industrial
About
Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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