Title: Ceiling Tiles Market to Hold a High Potential for Growth by 2029
1Global Industry Analysis of Ceiling Tiles Market
Set to Witness an Uptick during 2019 to 2029
Report Id REP-GB-7749 Published On 21 Nov,
2018 Category Chemicals and Materials
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3Research Methodology (1/2)
- Systematic Research Approach
In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
FMI delivers industry insights and information in the required format (PDF)
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- Questionnaire design
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- Coverage across value chain
- Key industry experts
- Channel study
- Developments
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- Products
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4Industry Analysis of Ceiling Tiles Market
- Sales of ceiling tiles are projected to inflate
at an unprecedented rate on the back of soaring
demand from building construction industry. The
global ceiling tiles market will witness stellar
growth at 9.7 CAGR over the forecast period
(2019-2029). High net worth income of consumers
in developed economies, along with spurring
renovation activities, would contribute
substantially to overall market performance,
projects a new Future Market Insights (FMI)
study. - Consumers have greater predilection for
environmentally-friendly ceiling tiles. Leading
global producers are thus focused on
manufacturing low-VOC (volatile organic
compounds) ceiling tiles. Low maintenance of
ceiling tiles will be an important booster to
market growth, concludes the FMI report. - Key Takeaways of Ceiling Tiles Market Study
- Non-residential construction sector will remain
the leading end-use area for ceiling tiles
through 2029. - Sustainable ceiling tiles will gain paramount
importance through the course of forecast period. - North America ceiling tiles market accounts for
more than 31 revenue share. - The ceiling tiles market in Asia Pacific is set
to exhibit noteworthy growth during the
projection period.
5Industry Analysis of Ceiling Tiles Market
- Ceiling Tiles Market Top Growth Drivers
- Green retrofit activities are fueling the growth
of ceiling tiles market, particularly in
developed countries. - Consumers inclination towards green label
products is surging the demand for ceiling tiles
emitting low VOCs during production. - Stringent regulatory requirements against
particulate emissions continue to underpin the
global ceiling tiles market growth. - Ongoing rapid industrialization is supplementing
the demand for ceiling tiles in emerging markets. - Ceiling Tiles Market Key Restraints
- Relatively high cost of installation is hindering
the growth of ceiling tiles market. - Gaining substantial market share is challenging
for market leaders in view of highly competitive
landscape. - Competition Landscape of Ceiling Tiles Market
- FMIs comprehensive study covers prominent
players of highly-competitive ceiling tiles
market. Some of the industry leaders profiled in
this report include, but are not limited to,
Grenzebach BSH GmbH, Burgess CEP, Decorative
Ceiling Tiles, Hyderabad Industries Limited
(HIL), Armstrong World Industries, Rockfon, New
Ceiling Tiles, and Byucksan Corporation. Market
leaders continue to employ multifaceted
strategies including product development,
contracts and agreements along with
growth-oriented expansion strategies for
bolstering their credibility.
6Industry Analysis of Ceiling Tiles Market
- More about the Report
- This Future Market Insights study of 200 pages
offers actionable insights on the ceiling tiles
market. The market analysis is based on material
type (steel, wood, mineral fibre/gypsum,
polyvinyl chloride, fibre glass and aluminum),
application (residential, commercial,
hospitality, industrial and institutional),
installation type (drop/suspended and surface
mount), form (textured, patterned, plain,
coffered, laminated, fissured) across five
regions (North America, Latin America, Europe,
Asia Pacific, Middle East Africa). - Source of Press Release _at_ https//www.globenewswir
e.com/news-release/2020/03/06/1996448/0/en/Sales-o
f-Ceiling-Tiles-Set-for-Dexterous-Growth-through-2
029-Market-Receiving-Tailwinds-from-Green-Retrofit
-Activities-Opines-FMI.html - About Future Market Insights (FMI)
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