Global Ceiling Tiles Market anticipated to witness
significant growth by 2025: Global Market Insights
Inc.
According to new Global Market Insights, Inc, chemical research report Ceiling Tiles
Market size is likely to exhibit promising gains over the forecast timeframe due to rising
demand from commercial sector coupled with development of innovative buildings and
vast variety of ceiling tiles usage in different size, textures, and colors.
Ceiling tiles are also called as ceiling panel. These are very lightweight construction
materials used to cover ceiling. They provide thermal insulation are generally designed
to enhance the aesthetics as well as acoustics of rooms. It is widely used for
decoration of inner sections of a room and for noise reduction purposes. Mineral fiber,
gypsum and few metals are most commonly used raw materials for manufacturing this
category of tiles.
The ceiling tiles market growth is hampered by high raw material costs associated with
the product. Adding further, availability of various substitutes in the market for ceiling
tiles is another factor restricting market growth. Asphalt and Mortar tiles are some of
the alternatives to the product hindering market growth. Asphalt tile is one of the least
expensive used tiles in the market. apart from the above-mentioned reasons, the
installation cost of ceiling tiles is also high as it requires professional contractors for
the same.
Global ceiling tiles market is segmented based on raw materials into mineral wool,
metal, gypsum and others. Mineral wool segment includes cast mineral fiber, wet felt
and fiberglass. The excellent performance attributes of the material like acoustic and
thermal insulation, recyclability and being light weight have increased its demand in
the ceiling tiles market. Moreover, steel, tin and aluminum are few metals that are used
to manufacture ceiling tiles. The metals offer crisp, clean and well sophisticated display
for interiors. Also, ceiling coated with powdered metal provides corrosion resistance
and tough finishing to the ceiling. Gypsum on the other hand, provide benefits such as
reduced weight for the structure, easy installation, repair and maintenance. This
material is mostly used in offices to improve aesthetics by applying a colored gypsum
board.
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