The future of the global mineral fiber ceiling market looks good with opportunities in the residential and commercial construction industry. The global mineral fiber ceiling market is expected to reach an estimated $4.3 billion by 2021 and it is forecast to grow at a CAGR of 3.9% from 2016 to 2021. The major drivers of growth for this market are an increase in renovation activities, growth of commercial construction, and demand for ceiling products with high performance features such as being lightweight and having acoustic properties and excellent light reflection.
Emerging trends, which have a direct impact on the dynamics of the mineral fiber ceiling industry, include the increasing usage of printed mineral fiber ceiling tiles, increasing usage of antimicrobial agents in mineral fiber ceiling tiles, and increasing usage of recycled content in the manufacturing of mineral fiber ceiling tiles.
A total of 156 figures / charts and 59 tables are provided in this 184-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of mineral fiber ceiling market report, download the report brochure.
mineral fiber ceiling forecastmineral fiber ceiling growth opportunities
The study includes mineral fiber ceiling market size and forecast for the growth opportunities in the global mineral fiber ceiling market through 2021 segmented by end use, application type, profile type, color type, suspension type, and region, as follows:
Mineral fiber ceiling market by End Use [Volume (M sqm) and Value ($ million) from 2010 to 2021]:
Commercial renovation Commercial new Residential
Mineral fiber ceiling market by Application [Volume (M sqm) and Value ($ million) from 2010 to 2021]:
Office Retail Education Healthcare Others
Mineral fiber ceiling market by Profile type [Value $ million]
Mineral fiber ceiling market by Color type [Value $ million]
Mineral fiber ceiling market by Suspension system type [Value $ million]
Mineral fiber ceiling market by Region [Value $ billion from 2010 to 2021]:
North America Europe Asia Pacific Rest of the World
Mineral fiber ceiling companies profiled in this market report include Armstrong World Industries, USG Corporation, Knauf, OWA, and Saint Gobain.
On the basis of its comprehensive research, Lucintel forecasts that mineral fiber ceiling in new commercial building is expected to show above average growth during the forecast period of 2016 to 2021 due to higher rate of new commercial construction activity and economic growth in emerging economies like China and India.
Within the global mineral fiber ceiling market, commercial renovation is expected to remain the largest segment during the forecast period as increasing renovation activities are the major driving forces that spur growth for this segment over the forecast period.
North America is expected to remain the largest market due to the increasing rate of commercial renovation and remodeling along with growth in residential and commercial construction activities.
Some of the features of “Global Mineral Fiber Ceiling Market 2016-2021: Trends, Forecast, and Opportunity Analysis” include:
Market size estimates: Growth opportunities in the global mineral fiber ceiling market in terms of value ($M) and volume (M Sqm) shipment.Trend and forecast analysis: Global mineral fiber ceiling market trend (2010-2015) and forecast (2016-2021) by region and segmentSegmentation analysis: Global mineral fiber ceiling market size from 2010 to 2021 by end user, application, profile, color and by suspension system type.Regional analysis: Global mineral fiber ceiling market breakdown by key regions of North America, Europe, Asia Pacific and the Rest of the WorldGrowth opportunities: Analysis on growth opportunities in different end user, application, profile, color and by suspension system type, and regions of mineral fiber ceiling market.Strategic analysis: This includes M&A, new product development, and competitive landscape of global mineral fiber ceiling suppliers.Emerging applications: Emerging applications of the mineral fiber ceiling in global mineral fiber ceiling market. Analysis of the competitive intensity of the industry based on Porter’s Five Forces model
This report addresses the following key questions:
Q.1. What are some of the most promising, high-growth opportunities for the mineral fiber ceiling market by end use (commercial renovation, commercial new, and residential), application (office, retail, education, healthcare and others), profile type (T-bar and others), color type (white and others), suspension system type (exposed and concealed), and region (North America, Europe, APAC, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in mineral fiber ceiling market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and reasons behind them?
Q.7. What are some changing customer demands in mineral fiber ceiling market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?
Q.10.What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material / product substitution?
Q.11.What M&A activity has occurred in the last 5 years?