The global Mineral Fiber Ceiling Tiles market was valued at US$ 4214.9 million in 2019 and is expected to reach US$ 5296 million by the end of 2026, growing at a CAGR of 3.1% during 2021-2026.
Mineral fiber ceiling tiles are kinds of ceiling tiles produced mineral wool, perlite, etc. the main raw material is mineral wool. Mineral fiber is the option for high-performance acoustic ceiling panels. They absorb sound better than other panels, which studies have shown actually increase productivity and happiness in open office plans. Their low density material keeps them moisture resistant, and easy to maintain over time.
The leading producers in the industry are Armstrong World Industries, Inc., and Knauf (including USG Corporation), which accounted for 19.650% and 9.813% of revenue in 2019.
Global Mineral Fiber Ceiling Tiles Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Mineral Fiber Ceiling Tiles Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Armstrong World Industries, Inc., Knauf (Including Usg Corporation), Rockfon (Rockwool International.), Saint-Gobain, Daiken Corporation, Owa Ceiling Systems, Luofeier Building Material (Shenyang) Group Co., Ltd., Bnbm and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Thickness ≥12 mm
- Thickness < 12mm
Segment by Application
Table of Content:
1 Mineral Fiber Ceiling Tiles Market Overview
2 Mineral Fiber Ceiling Tiles Market Competition by Manufacturers
3 Mineral Fiber Ceiling Tiles Retrospective Market Scenario by Region
4 Global Mineral Fiber Ceiling Tiles Historic Market Analysis by Type
5 Global Mineral Fiber Ceiling Tiles Historic Market Analysis by Application
6 Key Companies Profiled
7 Mineral Fiber Ceiling Tiles Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Mineral Fiber Ceiling Tiles Market Dynamics
10 Global Mineral Fiber Ceiling Tiles Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.