Market Overview:
The global acoustic ceiling tiles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for acoustic ceiling tiles in residential, non-residential, and industrial applications. In terms of type, the mineral wool segment is expected to lead the global acoustic ceiling tiles market during the forecast period. This can be attributed to its properties such as sound absorption and thermal insulation. In terms of application, the residential segment is expected to lead the global acoustic ceiling tiles market during the forecast period.
Product Definition:
An acoustic ceiling tile is a type of ceiling tile that is used to improve the acoustics of a room by absorbing sound.
Mineral Wool:
Mineral wool is a type of mineral fiber, which is produced from natural raw materials such as ceramic and glass. It has superior properties such as sound absorption, thermal insulation and lightweight compared to traditional fibers. Mineral wool can be used in various applications including acoustic ceiling tiles and geotextiles among others.
Metal:
Metal is an important raw material used in the manufacturing of acoustic ceiling tiles. The metal content in these tiles ranges from 1.5 to 3 pounds per tile depending on the type and grade of metal, which helps create a metallic look and provide better aesthetics to the room. Acoustic ceiling tiles are manufactured using various metals such as steel, aluminum, tin alloy, copper alloys and others that help reduce sound transmission through absorption or reflection or both.
Application Insights:
The demand for acoustic ceiling tiles in residential applications accounted for more than 50.0% share of the global market in 2017. The rising number of residential construction activities across the globe is expected to be a key factor driving the segment growth over the forecast period. For instance, according to data published by Joint Center for Housing Studies of Harvard University, housing completions increased from around 200 thousand units per year in early 1980s to nearly 1 million units per year in early 2000s before declining down towards present levels again.
Non-residential application segment is expected register a CAGR exceeding 8% from 2018 to 2030 owing to increasing investments by companies and public bodies toward establishment of new offices and business centers which will result into increased spending on non-residential construction projects thereby supporting product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of industries using acoustic ceiling tiles for noise reduction, which is anticipated to drive product demand. In addition, rising construction activities in emerging countries such as China and India are expected to fuel industry growth over the next eight years.
The industrial applications segment in Asia Pacific accounted for a revenue share of more than 35% owing to growing investments by various companies manufacturing machinery and equipment used in various industries such as food & beverage, pharmaceuticals & healthcare, printing & packaging among others. These companies are investing heavily on production facilities expansion or new plant establishment due to high demand from end-users for their products resulting into high consumption of acoustic ceiling tiles across these regions.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for acoustic ceiling tiles from the commercial sector as a result of growing awareness about the benefits of using these tiles for noise control and aesthetics
- Rising demand from developing countries due to increasing construction activities and rising disposable incomes
- Growing popularity of false ceilings as an alternative to traditional suspended ceilings, which is driving demand for acoustic ceiling tiles
- Technological advancements that have led to the development of new types of acoustic ceiling tiles with better sound absorption properties
- Increasing use of acoustic ceiling tiles in schools, hospitals, and other public places to improve sound quality
Scope Of The Report
Report Attributes
Report Details
Report Title
Acoustic Ceiling Tiles Market Research Report
By Type
Mineral Wool, Metal, Gypsum
By Application
Residential, Non-Residential, Industrial Applications
By Companies
Armstrong, USG Corporation, Techno Ceiling Products, Rockfon, Saint-Gobain, Grenzebach BSH GmbH, Odenwald Faserplattenwerk GmbH, SAS International, Knauf, New Ceiling Tiles, Armstrong
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Acoustic Ceiling Tiles Market Report Segments:
The global Acoustic Ceiling Tiles market is segmented on the basis of:
Types
Mineral Wool, Metal, Gypsum
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Non-Residential, Industrial Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Armstrong
- USG Corporation
- Techno Ceiling Products
- Rockfon
- Saint-Gobain
- Grenzebach BSH GmbH
- Odenwald Faserplattenwerk GmbH
- SAS International
- Knauf
- New Ceiling Tiles
- Armstrong
Highlights of The Acoustic Ceiling Tiles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mineral Wool
- Metal
- Gypsum
- By Application:
- Residential
- Non-Residential
- Industrial Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Acoustic Ceiling Tiles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Acoustic ceiling tiles are a type of acoustic insulation that is installed on ceilings. Acoustic ceiling tiles use sound waves to block noise from entering a room and help to reduce the amount of noise that is transmitted through the walls and into other rooms.
Some of the major companies in the acoustic ceiling tiles market are Armstrong, USG Corporation, Techno Ceiling Products, Rockfon, Saint-Gobain, Grenzebach BSH GmbH, Odenwald Faserplattenwerk GmbH, SAS International, Knauf, New Ceiling Tiles, Armstrong.
The acoustic ceiling tiles market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Acoustic Ceiling Tiles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Acoustic Ceiling Tiles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Acoustic Ceiling Tiles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Acoustic Ceiling Tiles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Acoustic Ceiling Tiles Market Size & Forecast, 2018-2028
4.5.1 Acoustic Ceiling Tiles Market Size and Y-o-Y Growth
4.5.2 Acoustic Ceiling Tiles Market Absolute $ Opportunity
Chapter 5 Global Acoustic Ceiling Tiles Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Acoustic Ceiling Tiles Market Size Forecast by Type
5.2.1 Mineral Wool
5.2.2 Metal
5.2.3 Gypsum
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Acoustic Ceiling Tiles Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Acoustic Ceiling Tiles Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Non-Residential
6.2.3 Industrial Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Acoustic Ceiling Tiles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Acoustic Ceiling Tiles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Acoustic Ceiling Tiles Analysis and Forecast
9.1 Introduction
9.2 North America Acoustic Ceiling Tiles Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Acoustic Ceiling Tiles Market Size Forecast by Type
9.6.1 Mineral Wool
9.6.2 Metal
9.6.3 Gypsum
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Acoustic Ceiling Tiles Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Non-Residential
9.10.3 Industrial Applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Acoustic Ceiling Tiles Analysis and Forecast
10.1 Introduction
10.2 Europe Acoustic Ceiling Tiles Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Acoustic Ceiling Tiles Market Size Forecast by Type
10.6.1 Mineral Wool
10.6.2 Metal
10.6.3 Gypsum
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Acoustic Ceiling Tiles Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Non-Residential
10.10.3 Industrial Applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Acoustic Ceiling Tiles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Acoustic Ceiling Tiles Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Acoustic Ceiling Tiles Market Size Forecast by Type
11.6.1 Mineral Wool
11.6.2 Metal
11.6.3 Gypsum
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Acoustic Ceiling Tiles Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Non-Residential
11.10.3 Industrial Applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Acoustic Ceiling Tiles Analysis and Forecast
12.1 Introduction
12.2 Latin America Acoustic Ceiling Tiles Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Acoustic Ceiling Tiles Market Size Forecast by Type
12.6.1 Mineral Wool
12.6.2 Metal
12.6.3 Gypsum
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Acoustic Ceiling Tiles Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Non-Residential
12.10.3 Industrial Applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Acoustic Ceiling Tiles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Acoustic Ceiling Tiles Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Acoustic Ceiling Tiles Market Size Forecast by Type
13.6.1 Mineral Wool
13.6.2 Metal
13.6.3 Gypsum
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Acoustic Ceiling Tiles Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Non-Residential
13.10.3 Industrial Applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Acoustic Ceiling Tiles Market: Competitive Dashboard
14.2 Global Acoustic Ceiling Tiles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Armstrong
14.3.2 USG Corporation
14.3.3 Techno Ceiling Products
14.3.4 Rockfon
14.3.5 Saint-Gobain
14.3.6 Grenzebach BSH GmbH
14.3.7 Odenwald Faserplattenwerk GmbH
14.3.8 SAS International
14.3.9 Knauf
14.3.10 New Ceiling Tiles
14.3.11 Armstrong
