Ceiling Tiles Market Research Report and Forecast up to 2024 Ceiling Tiles Market | Página 2

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Booming Construction Industry Promises Good Growth Rate
In terms of regions, the global ceiling tiles market is segmented into Asia Pacific,
North America, Europe, the Middle East and Africa, and Rest of the World. Analysts
state that North America holds a dominant share in the global market, which is
closely being followed by Europe. Asia Pacific is expected to be an emerging market
during the forecast period. The emerging economies of Asia Pacific such as China
and India are expected to augment the demand for ceiling tiles as the construction
and building industry gains momentum. The report states that Europe held a
significant share in the overall market in 2015 due to booming building and
construction activities it the region. In all of the aforementioned regions,
urbanization and population explosion will boost construction activities for new
projects that will create lucrative opportunities for ceiling tiles. The rising
investment in infrastructure and construction in the Middle East and Africa will also
prove to be beneficial to the global market.
Some of the leading players operating in the global ceiling tiles market are
Armstrong World Industries, Inc., New Ceiling Tiles, LLC, Saint-Gobain S.A., SAS
International, USG Corporation, Knauf, Techno Ceiling Products, ROCKFON, MADA
GYPSUM, and Odenwald Faserplattenwerk GmbH. Presently, USG Corporation and
Armstrong World Industries hold a dominant share in North America ceiling tiles
market, while Europe is being dominated by players such as Knauf and Saint-Gobain
S.A.
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