23-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Acoustic Ceiling Tiles Market By Type (Mineral Wool, Metal, Gypsum, Others), and By Application (Residential, Non-Residential, and Industrial): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global acoustic ceiling tiles market in 2019 was above USD 110 million. The market is expected to grow above a CAGR of 7% and is anticipated to reach over USD 160 million by 2026.
Different types of fibrous are used to make acoustic ceiling tiles including sound-absorbing materials such as wood, cork, or foam. The primary function of all acoustical tiles is for sound control. They can be both aesthetically pleasing and functional. Modern acoustic ceiling tiles, like textured paint, are fissured, imitating various materials such as fabric, stucco or finishes. The edge treatment can be anything from creative, beveled design to a seamless look. Acoustic ceiling tiles are mainly used for construction purposes.
Browse the full “Acoustic Ceiling Tiles Market By Type (Mineral Wool, Metal, Gypsum, Others), and By Application (Residential, Non-Residential, and Industrial): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/acoustic-ceiling-tiles-market-by-type-mineral-wool-890
Ceiling tiles are used to improve the acoustic of the room with advance technology. The increasing need for acoustic insulation in the construction industry plays a vital role in propelling the acoustic ceiling tiles market. Due to technological improvements in developed countries, they are adopting these types of tiles for construction. Acoustic ceiling tiles are used for recovery purposes such as for repair, maintenance, and renovation in the commercial construction industry. Additionally, more and more consumers are adopting the ceiling tiles due to its noise absorption feature in an educational institute, public utility areas, office spaces, departmental stores that may drive the market growth in the future years. The growing requirements of noise management in the various construction industry is driving the market. Moreover, growing requirements for acoustical ceiling tiles in the modern architecture and construction application may produce lucrative opportunities in the industry. Major manufacturers are adopting new technologies such as snow-sound technology and developing quality components that are ideal for the production for the acoustic tiles may produce attractive opportunities in the market.
By type segment, the market is divided into mineral wool, metal, gypsum, and others. Among these, the mineral wood segment-headed the market with more than a share of 40% of the global market, in 2019 and it is expected to grow over the forecast period owing to the properties offered by the mineral wool such as high density, excellent sound absorption, fire resistance, heat insulation, and moisture & water repellency.
By application segment, the market is divided into residential, non-residential, and industrial. Among these, the non-residential segment held the market in 2019, attributed to the increasing use of acoustic ceiling tiles in commercial sectors such as hospitals, offices and other non-residential buildings.
Top key players operating in the market are Acoustic Surfaces, Inc., Odenwald Faserplattenwerk GmbH, Odenwald Faserplattenwerk GmbH, Eurocoustic, USG Corporation, ROCKWOOL International A/S, Baux, SAS International, Knauf, Sound Seal, Pinta Acoustic, and others.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 3.3 Billion |
Projected Market Size in 2026 |
USD 4.7 Billion |
CAGR Growth Rate |
5% CAGR |
Base Year |
2019 |
Forecast Years |
2019-2026 |
Key Market Players |
Axalta Coating Systems, 3M Company, PPG Industries, Nihon Parkerizing, Sherwin-Williams Company, Nippon Paint, Chemetall GmbH, Henkel, Kansai Paint, and AkzoNobel. |
Key Segment |
By Type, By Application, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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This report segments the acoustic ceiling tiles market as follows:
Global Acoustic Ceiling Tiles Market: By Types Segmentation Analysis
- Mineral Wood
- Metal
- Gypsum
- Others
Global Acoustic Ceiling Tiles Market: By Application Segmentation Analysis
- Residential
- Non-Residential
- Industrial
Global acoustic ceiling tiles Market: Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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