DUBLIN, September 12, 2017 /PRNewswire/ --
The "Global Ceiling Tiles Market 2017-2021" report has been added to Research and Markets' offering.
The global ceiling tiles market to grow at a CAGR of 7.50% during the period 2017-2021.
Global Ceiling Tiles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in the market is economic and high aesthetic value. Ceiling tiles are made from naturally occurring, processed and recycled materials such as mineral wool, clay, perlite, and cellulose mixed together, which is then subjected to heat. The raw materials used for the manufacturing of ceiling tiles are abundantly available naturally, and most of them are renewable. This significant feature of ceiling tiles can reduce the cost of production substantial, thus allowing vendors to sell the tiles at very economical prices, and hence, deliver high value.
One trend in the market is growing popularity of eco-friendly buildings. The world is witnessing a growing emphasis on green construction, particularly in Asian countries. China has long been facing an air pollution crisis due to its increased industrial and construction activities. However, in recent times, the country is taking considerable steps toward reducing its carbon footprint and aiming at developing its infrastructure using green technologies.
Further, the report states that one challenge in the market is fluctuations in raw material prices. Fluctuations in the prices of raw materials such as mineral wool, gypsum, hinder the growth of the market. For instance, the prices of mineral wool and gypsum have been on a continuous rise since 2012. The increment in material costs will lead to a rise in the manufacturing cost, which inflates the price of the product. This impacts the productivity of vendors and their profit margins. Higher prices lead to a reduction in sales, thus affecting the profit margins of vendors.
Key vendors
- AWI
- Knauf
- Rockfon
- Saint-Gobain
- SAS International
- USG
Other prominent vendors
- Chicago Metallic
- Foshan Ron Building Material Trading
- Grenzebach BSH
- Guangzhou Tital Commerce
- Haining Chaodi Plastic
- Shandong Huamei Building Materials
- New Ceiling Tiles
- Odenwald Faserplattenwerk
- Techno Ceiling Products
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by end-user
- Market overview
- Global ceiling tiles market in non-residential sector
- Global ceiling tiles market in residential sector
PART 07: Geographical segmentation
- Market overview
- Ceiling tiles market in North America
- Ceiling tiles market in Europe
- Ceiling tiles market in APAC
PART 08: Decision framework
PART 09: Drivers and challenges
- Market drivers
- Market challenges
PART 10: Market trends
- Growing popularity of eco-friendly buildings
- Spread of smart cities
- Increasing renovation and remodel activities
PART 11: Vendor landscape
- Market overview
- Other prominent vendors
PART 12: Key vendor analysis
- AWI
- Knauf
- Rockfon
- Saint-Gobain
- SAS International
- USG
PART 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/nfc3cr/global_ceiling
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SOURCE Research and Markets
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