Market Overview:
The global mineral fiber ceiling 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 mineral fiber ceilings in office, retail, education, and healthcare applications. North America is expected to lead the global mineral fiber ceiling market in terms of revenue during the forecast period.
Product Definition:
A mineral fiber ceiling is a type of ceiling material made from small fibers of minerals, such as glass or rock. Mineral fiber ceilings are often used in commercial and industrial settings because they are fire-resistant and can be painted to match any color scheme.
Exposed:
Exposure is the most important factor in the Mineral Fiber Ceiling market. The usage of exposed mineral fiber ceiling depends on various factors such as building type, application and regional climate. It helps control noise levels and acts as a thermal barrier, helping keep rooms cooler in summer and warmer in winter.
Mineral fibers are natural fibers made from minerals such as glass, rock or soil particles; e.g.
Concealed:
Concealed mineral fibers are a special type of mineral fiber that is used to manufacture high-end products such as luxury carpets, rugs, and others. It has superior properties such as stain resistance, fire retardancy and it is also anti-corrosive in nature. These fibers are produced from naturally occurring minerals like obsidian glass, diatomite and other natural materials.
Application Insights:
The office application segment led the global mineral fiber ceiling market and accounted for more than 45.0% share of the overall revenue in 2017. Mineral fibers are used to manufacture ceilings that offer acoustic insulation, thermal insulation, and visual appeal to a room or office space. The product is widely used in commercial spaces such as offices, showrooms, workshops, malls and others due to its ability to create a comfortable ambiance while maintaining high levels of energy efficiency.
Mineral fibers have excellent sound-damping properties; this feature aids significantly in reducing noise pollution caused by airborne sounds entering an area through construction joints or air ventilation ducts. This factor is likely to increase their demand from residential as well as commercial applications over the forecast period.
The education application segment was valued at USD 281 million in 2017 owing to increasing government spending on educational infrastructure across various regions including North America.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing construction activities, coupled with growing consumer spending on residential and non-residential construction projects. Increasing demand for mineral fiber ceilings from various end-use sectors such as education, healthcare, offices & administrative buildings is also likely to drive growth in Asia Pacific region.
The Middle East & Africa market is anticipated to grow at a significant rate over the forecast period owing to rising investments in infrastructure development across several countries including Saudi Arabia, UAE and Egypt among others. Rising consumer disposable income levels are projecteded leadingto increased spending on commercial constructions such as shopping malls and office spaces which will further fuel growth of this regional market during the forecast period.
Growth Factors:
- Increasing demand from the construction industry for mineral fiber ceiling tiles as a fire-resistant and sound-absorbing material.
- Rising awareness about the benefits of using mineral fiber ceilings among architects, builders, and homeowners.
- Growing popularity of modern design trends that favor minimalist interiors with exposed ceilings and walls.
- Technological advancements in manufacturing processes that have led to the development of more efficient and affordable mineral fiber ceiling tiles.
- The increasing trend of home remodeling and renovation projects, which is driving demand for new or replacement mineral fiber ceilings
Scope Of The Report
Report Attributes
Report Details
Report Title
Mineral Fiber Ceiling Market Research Report
By Type
Exposed, Concealed
By Application
Office, Retail, Education, Healthcare, Others
By Companies
Armstrong World Industries, Knauf, OWA, Saint Gobain, USG
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Mineral Fiber Ceiling Market Report Segments:
The global Mineral Fiber Ceiling market is segmented on the basis of:
Types
Exposed, Concealed
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
Office, Retail, Education, Healthcare, Others
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 World Industries
- Knauf
- OWA
- Saint Gobain
- USG
Highlights of The Mineral Fiber Ceiling 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:
- Exposed
- Concealed
- By Application:
- Office
- Retail
- Education
- Healthcare
- Others
- 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 Mineral Fiber Ceiling 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A mineral fiber ceiling is a type of ceiling that is made from a material composed of small, hard, mineral particles. Mineral fiber ceilings are often used in commercial and industrial settings because they are durable and resistant to moisture and dust.
Some of the major companies in the mineral fiber ceiling market are Armstrong World Industries, Knauf, OWA, Saint Gobain, USG.
The mineral fiber ceiling market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mineral Fiber Ceiling Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mineral Fiber Ceiling Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mineral Fiber Ceiling Market - Supply Chain
4.5. Global Mineral Fiber Ceiling Market Forecast
4.5.1. Mineral Fiber Ceiling Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mineral Fiber Ceiling Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mineral Fiber Ceiling Market Absolute $ Opportunity
5. Global Mineral Fiber Ceiling Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Mineral Fiber Ceiling Market Size and Volume Forecast by Type
5.3.1. Exposed
5.3.2. Concealed
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mineral Fiber Ceiling Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Mineral Fiber Ceiling Market Size and Volume Forecast by Application
6.3.1. Office
6.3.2. Retail
6.3.3. Education
6.3.4. Healthcare
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mineral Fiber Ceiling Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Mineral Fiber Ceiling Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Mineral Fiber Ceiling Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Mineral Fiber Ceiling Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Mineral Fiber Ceiling Demand Share Forecast, 2019-2026
9. North America Mineral Fiber Ceiling Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Mineral Fiber Ceiling Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Mineral Fiber Ceiling Market Size and Volume Forecast by Application
9.4.1. Office
9.4.2. Retail
9.4.3. Education
9.4.4. Healthcare
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mineral Fiber Ceiling Market Size and Volume Forecast by Type
9.7.1. Exposed
9.7.2. Concealed
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Mineral Fiber Ceiling Demand Share Forecast, 2019-2026
10. Latin America Mineral Fiber Ceiling Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Mineral Fiber Ceiling Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Mineral Fiber Ceiling Market Size and Volume Forecast by Application
10.4.1. Office
10.4.2. Retail
10.4.3. Education
10.4.4. Healthcare
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mineral Fiber Ceiling Market Size and Volume Forecast by Type
10.7.1. Exposed
10.7.2. Concealed
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Mineral Fiber Ceiling Demand Share Forecast, 2019-2026
11. Europe Mineral Fiber Ceiling Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Mineral Fiber Ceiling Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Mineral Fiber Ceiling Market Size and Volume Forecast by Application
11.4.1. Office
11.4.2. Retail
11.4.3. Education
11.4.4. Healthcare
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mineral Fiber Ceiling Market Size and Volume Forecast by Type
11.7.1. Exposed
11.7.2. Concealed
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-oY Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Mineral Fiber Ceiling Demand Share, 2019-2026
12. Asia Pacific Mineral Fiber Ceiling Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Mineral Fiber Ceiling Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Mineral Fiber Ceiling Market Size and Volume Forecast by Application
12.4.1. Office
12.4.2. Retail
12.4.3. Education
12.4.4. Healthcare
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mineral Fiber Ceiling Market Size and Volume Forecast by Type
12.7.1. Exposed
12.7.2. Concealed
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Mineral Fiber Ceiling Demand Share, 2019-2026
13. Middle East & Africa Mineral Fiber Ceiling Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Mineral Fiber Ceiling Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Mineral Fiber Ceiling Market Size and Volume Forecast by Application
13.4.1. Office
13.4.2. Retail
13.4.3. Education
13.4.4. Healthcare
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mineral Fiber Ceiling Market Size and Volume Forecast by Type
13.7.1. Exposed
13.7.2. Concealed
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Mineral Fiber Ceiling Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mineral Fiber Ceiling Market: Market Share Analysis
14.2. Mineral Fiber Ceiling Distributors and Customers
14.3. Mineral Fiber Ceiling Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Armstrong World Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Knauf
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. OWA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Saint Gobain
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. USG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
