Enhanced Use of Gypsum-based Ceiling Tiles Accelerating Growth in the Global Ceiling Tiles Market: Technavio Report

Renewable energy

 

London, 27 August 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Ceiling Tiles Market 2014-2018, which is expected to grow at a CAGR of 9.85 percent during the forecast period of 2013-2018.

“The Global Ceiling Tiles market is forecast to witness an increase in the growth of gypsum boards and ceiling tiles during the forecast period mainly in the Americas and other developed regions,” says Faisal Ghaus, Vice President of TechNavio.

Key Market Drivers

  • Increased Demand Because of Growth in the Construction Industry
  • Growing Industrialization in Several Emerging Economies
  • Financial and Environmental Benefits of Waste Management

Key Market Trends

  • Increased Use of Ceiling Tiles in Green Building Projects
  • Increased Need for Enhanced Cost-saving Solutions
  • Increased Use of Gypsum-based Ceiling Tiles
  • Increased Product and Technological Innovations

Key Market Vendors

  • Armstrong World Industries Ltd.
  • Rockfon LLC
  • USG Corp.

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…