Last edited 30 Jul 2021

Ceiling tiles

Ceiling tiles.jpeg

Ceiling tiles, also known as ceiling panels, are lightweight construction materials, which are used to cover ceilings. Placed in an aluminium grid, they provide some thermal insulation but are usually designed to improve the aesthetics and acoustics of a room. They are commonly used in the commercial, residential, and industrial applications, useful in, retail stores, offices, hotels, hospitals, and so on.

Ceiling tiles are mostly made from mineral fibre, but other materials are available, such as fibreglass.

The global ceiling tiles market was valued at USD 14.8 billion in 2014 and is expected to reach USD 30.0 billion by 2020, growing at a CAGR of around 9%. In terms of volume, the global ceiling tiles market stood at 990 million tons in 2014.

The global ceiling tiles market can be segmented into products and applications:

North America and Europe are the fastest growing regional markets. North America is driven by strong demand from U.S. It dominated the ceiling tiles market in 2014 with more than a third share of the total consumption. Strong growth prospectus in the Asia Pacifica are expected to provide a further boost to the market.

Some of the key industry participants in ceiling tiles market include SAS International Ltd, Knauf, Armstrong Worldwide Industries Inc., OdenwaldFaserplattenwerk GmbH (OWA), LLC, Saint Gobain SA, ROCKFON , Chicago Metallic Corporation, Foshan Ron Building Material Trading Co., Ltd., Haining Shamrock Import & Export Co., Ltd., HainingChaodi Plastic Co. Ltd., Shandong Huamei Building Materials Co., Ltd.,Guangzhou Tital Commerce Co. Ltd. and SAS International.

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