New Research: Lucintel Predicts a Bright Future for the Mineral Fiber Ceiling Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Global Mineral Fiber Ceiling Market”?
This market report for mineral fiber ceiling identifies and predicts future opportunities for growth in global mineral fiber ceiling industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for mineral fiber ceiling in the residential and commercial construction industry.
North America is expected to remain the largest market due to the increasing rate of commercial renovation and remodelling along with growth in residential and commercial construction activities.
According to Lucintel’s market report, 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, the 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. Some of the dominant players in the global mineral fiber ceiling market are Armstrong World Industries, USG Corporation, Knauf, OWA, and Saint Gobain.
There are some interesting developments in global mineral fiber ceiling market as competition heats up and players try to increase their market share. Some of the 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.
Read more about this report at

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