Global Markets for Ceiling Tiles

Report Highlights

The global market for ceiling tiles should grow from $8.4 billion in 2018 to $11.8 billion by 2023 at a compound annual growth rate (CAGR) of 7.1% for the period of 2018-2023.

Report Includes

• 66 data tables and 43 additional tables
• An overview of the global market for ceiling tiles
• Analyses of global market trends, with data from 2017, 2018, and projections of CAGRs through 2023
• Coverage of history and evolution of ceiling tiles, their characteristics and types
• Discussion of both residential and commercial applications of ceiling tiles
• Detailed profiles of key competitors of the market, including Armstrong World Industries, Keel Manufacturing, Maxxon Corp., Liberty Industries, Poly Molding LLC and ReWall Company

Report Scope

This report reviews ceiling tile technology categories and provides relevant information on markets and production, technological descriptions and issues, applications, and potential market factors. It also provides an overview of relevant incentives and regulations in major global markets. This report will be of interest to current and potential manufacturers and suppliers of ceiling tiles, entrepreneurs and companies interested in entering or expanding into the ceiling tile sector. It will also be of interest to corporate planners and strategists, building management industry R&D strategists, ceiling tile and building product and technology developers and engineers, companies seeking to commercialize new ceiling tiles and associated products, ceiling tile industry groups, other public- and private-sector interest groups, and market analysts.

The market analysis provided in this report is based on a variety of data sources. These include the most recent government, industry and corporate data on ceiling tile sales, production, imports, and exports; manufacturing rates and detailed commercial building trends used to help gauge historic and anticipated future market growth; data generated by recent and ongoing R&D efforts aimed at identifying new and developing niches for certain classes of ceiling tiles, and potential for associated growth; and corporate announcements for keystone industry developments, new products and successes.

Ceiling tile technology advances can be characterized by incremental change, rather than industry-shaping leaps. Accordingly, emerging ceiling tile technologies that may become commercially viable within the next five years are summarized but are not included in the market assessment of this report. To present growth forecasts for the five-year forecast period, BCC Research analyzed major viable ceiling tile materials and applications, determined current market status, and examined impacts on future markets. BCC Research also assessed and discussed technological issues, including the latest trends, as well as current and likely industry trends and updates. Sales of both new and replacement/ retrofit ceiling tile systems are considered.

This report analyzes the ceiling tile industry on a global basis in terms of its manufacturing and the deployment of technologies and products. It also examines key market drivers and headwinds and their roles in driving or restricting the global ceiling tile market.

Analyst Credentials

Robert Eckard, PhD, has 15 years of experience working in the cleantech, clean transportation, clean/smart cities, advanced fuels, water and energy sectors. Having completed his dissertation at the University of California at Davis, Robert also runs a specialty industry research and technical consulting company, with an emphasis on energy, water and climate-oriented sectors, including those segments relevant to this study. Robert specializes in commercialization, data-based economic analysis, market development and penetration, environmental analysis and technical energy, environmental and market studies for Fortune 500, Global 1000 and promising startups, as well as state and local governments, other consultants and industry organizations throughout the U.S., Canada, Europe, the Middle East, Southeast Asia and Australia. He worked as a subcontractor under the U.S. Department of Energy providing evaluations of a wide array of industrial technologies, systems and related supply markets. He helped to successfully develop new markets in the U.S. and abroad, identify target niches and support highly successful business strategy development. Previously, he produced reports for BCC Research on global markets pertaining to energy, industry, energy efficiency, water and industrial, durable goods and related categories and technologies. Robert works directly in the industries that he analyzes and has successfully secured over $225 million in fund development for specific projects and technologies in the last six years.