Mineral Fiber Ceiling Market Report: Trends, Forecast and Competitive Analysis

The future of the global mineral fiber ceiling market looks promising with opportunities in commercial and residential sectors. The global mineral fiber ceiling market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $77.6 billion by 2025 with a CAGR of 3% to 5% from 2020 to 2025. The major drivers for this market are renovation activities of existing residential, commercial spaces, and construction of new facilities due to improving economic conditions.

 

Emerging trends which have a direct impact on the dynamics of the mineral fiber ceiling tiles industry include increasing usage of printed mineral fiber ceiling tiles and increasing usage of antimicrobial agents in mineral fiber ceiling tiles.  

 

A total of 154 figures / charts and 125 tables are provided in this 243 -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 this mineral fiber ceiling tiles market report download the report brochure.

 

The study includes the mineral fiber ceiling tiles market size and forecast for the global mineral fiber ceiling market through 2025, segmented by application, material, end use, profile type, color type, and region, as follows:

 

Mineral Fiber Ceiling Market by End Use [Value ($ Million) and Volume (Million Square Meters) from 2014 to 2025]: 

Mineral Fiber Ceiling Market by Application [Value ($M) and Volume (Million Square Meters) from 2014 to 2025]:

Mineral Fiber Ceiling Market by Material [Value ($ Million) and Volume (Million Square Meters) from 2014 to 2025]:

Mineral Fiber Ceiling Market by Profile Type [Value ($ Million) from 2014 to 2025]:

Mineral Fiber Ceiling Market by Color Type [Value ($ Million) from 2014 to 2025]:

Mineral Fiber Ceiling Market by Region [Value ($ Million) and Volume (Million Square Meters) from 2014 to 2025]:

Some of the mineral fiber ceilings tiles companies profiled in this report include Armstrong World Industries, Saint-Gobain, USG Corp., Knauf, Rockwool International, OWA, Star USG,and Hebei Saiding Building Materials and others.

 

On the basis of comprehensive research, Lucintel forecasts that the wet felt is expected to remain the largest material type over the forecast period due to its efficient thermal insulation and sound absorption properties. Lucintel predicts that the glass wool mineral fiber is expected to witness the highest growth during the forecast period because of its lower material and maintenance cost. 
 

Within the global mineral fiber ceiling market, commercial renovation will remain the largest end use during the forecast period due to commercial renovation activities in developed regions.  The new commercial segment is expected to witness the highest growth due to the increasing rate of urbanization and new commercial construction activities in emerging economies. 
 

Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to increasing urbanization, growing awareness to promote lower energy consumption, and the development of new cities and commercial hubs in this region. 
 

Some of the features of this report:

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This report addresses the following key questions:

Q.1. What are some of the most promising, high growth opportunities for the global mineral fiber ceiling tiles market by application (office, retail, education, healthcare, and others), material (wet felt mineral fibers, stone wool mineral fibers, and glass wool mineral fibers), end use (commercial renovation, new commercial, and residential), profile type (T-Bar and other profiles), color type (white and other colors) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which products 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 this mineral fiber ceiling tiles (mineral wool ceiling tiles market, mineral fiber ceiling tiles market, mineral fiber false ceiling tiles) market?

Q.5. What are the business risks and competitive threats in this mineral fiber ceiling tiles (mineral wool ceiling tiles market, mineral fiber ceiling tiles market, mineral fiber false ceiling tiles) market?

Q.6. What are the emerging trends in this mineral fiber ceiling tiles (mineral wool ceiling tiles market, mineral fiber ceiling tiles market, mineral fiber false ceiling tiles) market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the mineral fiber ceiling tiles (mineral wool ceiling tiles market, mineral fiber ceiling tiles market, mineral fiber false ceiling tiles) market?

Q.8. What are the new developments in the mineral fiber ceiling tiles (mineral wool ceiling tiles market, mineral fiber ceiling tiles market, mineral fiber false ceiling tiles) market and which companies are leading these developments?

Q.9. Who are the major players in this mineral fiber ceiling tiles (mineral wool ceiling tiles market, mineral fiber ceiling tiles market, mineral fiber false ceiling tiles) market? What strategic initiatives are being initiated by key companies for business growth?

Q.10. What are some of the competing products in this mineral fiber ceiling tiles (mineral wool ceiling tiles market, mineral fiber ceiling tiles market, mineral fiber false ceiling tiles) market and how big of a threat do they pose for loss of market share by product substitution?

Q.11. What M&A activity has occurred in the last 5 years in this mineral fiber ceiling tiles (mineral wool ceiling tiles market, mineral fiber ceiling tiles market, mineral fiber false ceiling tiles) market?

 

Table of Contents

 

 

 

1. Executive Summary
 

2. Market Background and Classifications

2.1: Introduction, Background, and Classifications

2.2: Supply Chain

2.3: Industry Drivers and Challenges

 

3. Market Trends and Forecast Analysis from 2014 to 2025

3.1: Macroeconomic Trends and Forecast

3.2: Global Mineral Fiber Ceiling Market Trends and Forecast

3.3: Global Mineral Fiber Ceiling Market by Material

3.3.1: Wet Felt Mineral Fiber

3.3.2: Stone Wool Mineral Fiber

3.3.3: Glass Wool Mineral Fiber

3.4: Global Mineral Fiber Ceiling Market by Application

3.4.1: Office

3.4.2: Retail

3.4.3: Education

3.4.4: Healthcare

3.4.5: Others

3.5: Global Mineral Fiber Ceiling Market by End Use

3.5.1: Commercial Renovation

3.5.2: New Commercial

3.5.3: Residential

3.6: Global Mineral Fiber Ceiling Market by Profile Type

3.6.1: T-Bar

3.6.2: Other Profiles

3.7: Global Mineral Fiber Ceiling Market by Color Type

3.7.1: White

3.7.2: Other Colors

 

4. Market Trends and Forecast Analysis by Region

4.1: Global Mineral Fiber Ceiling Market by Region

4.2: North American Mineral Fiber Ceiling Market

4.2.1: Market by Material: Wet Felt Mineral Fiber, Stone Wool Mineral Fiber, and Glass Wool Mineral Fiber

4.2.2: Market by Application: Office, Retail, Education, Healthcare, and Others

4.2.3: Market by End Use: Commercial Renovation, New Commercial, and Residential

4.2.4: Market by Profile Type: T-Bar and Other Profiles

4.2.5: Market by Color Type: White and Other Colors

4.3: European Mineral Fiber Ceiling Market

4.3.1: Market by Material: Wet Felt Mineral Fiber, Stone Wool Mineral Fiber, and Glass Wool Mineral Fiber

4.3.2: Market by Application: Office, Retail, Education, Healthcare, and Others

4.3.3: Market by End Use: Commercial Renovation, New Commercial, and Residential

4.3.4: Market by Profile Type: T-Bar and Other Profiles

4.3.5: Market by Color Type: White and Other Colors

4.4: APAC Mineral Fiber Ceiling Market

4.4.1: Market by Material: Wet Felt Mineral Fiber, Stone Wool Mineral Fiber, and Glass Wool Mineral Fiber

4.4.2: Market by Application: Office, Retail, Education, Healthcare, and Others

4.4.3: Market by End Use: Commercial Renovation, New Commercial, and Residential

4.4.4: Market by Profile Type: T-Bar and Other Profiles

4.4.5: Market by Color Type: White and Other Colors

4.5: APAC Mineral Fiber Ceiling Market

4.5.1: Market by Material: Wet Felt Mineral Fiber, Stone Wool Mineral Fiber, and Glass Wool Mineral Fiber

4.5.2: Market by Application: Office, Retail, Education, Healthcare, and Others

4.5.3: Market by End Use: Commercial Renovation, New Commercial, and Residential

4.5.4: Market by Profile Type: T-Bar and Other Profiles

4.5.5: Market by Color Type: White and Other Colors

 

5. Competitor Analysis

5.1: Product Portfolio Analysis

5.2: Market Share Analysis

5.3: Operational Integration

5.4: Geographical Reach

5.5: Porter’s Five Forces Analysis

 

6. Cost Structure Analysis

6.1: Raw Material Cost

6.2: Other Expenses

6.3: COGS

6.4: SG&A

6.5: EBITDA Margin

 

7. Growth Opportunities and Strategic Analysis

7.1: Growth Opportunity Analysis

7.1.1: Growth Opportunities for the Global Mineral Fiber Ceiling Market by Material

7.1.2: Growth Opportunities for the Global Mineral Fiber Ceiling Market by Application

7.1.3: Growth Opportunities for the Global Mineral Fiber Ceiling Market by End Use

7.1.4: Growth Opportunities for the Global Mineral Fiber Ceiling Market by Profile Type

7.1.5: Growth Opportunities for the Global Mineral Fiber Ceiling Market by Color Type

7.1.6: Growth Opportunities for the Global Mineral Fiber Ceiling Market by Region

7.2: Emerging Trends in the Global Mineral Fiber Ceiling Market

7.3: Strategic Analysis

7.3.1: New Product Development

7.3.2: Capacity Expansion of the Global Mineral Fiber Ceiling Market

7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Mineral Fiber Ceiling Market

7.3.4: Certification and Licensing

 

8. Company Profiles of Leading Players

8.1: Armstrong World Industries

8.2: Compagnie de Saint-Gobain SA

8.3: USG Corporation

8.4: Knauf amf

8.5: OWA

8.6: Star-USG Building Materials Co., Ltd.

8.7: Hebei saiding building material Co.

8.8: Rockwool International Group

 

List of Figures

 

Chapter 2. Market Background and Classifications

Figure 2.1: Typical False Ceiling Grid

Figure 2.2: Ancient Ceiling in Rome

Figure 2.3: Classification of the Mineral Fiber Ceiling Market

Figure 2.4: Mineral Fiber Ceiling Applications

Figure 2.5: T-bar Profile

Figure 2.6: Mineral Fiber Ceilings in the Residential Segment

Figure 2.7: Mineral Fiber Ceilings in the Commercial Segment

Figure 2.8: Supply Chain of the Global Mineral Fiber Ceiling Market

Figure 2.9: Major Drivers and Challenges for the Global Mineral Fiber Ceiling Market

 

Chapter 5. Competitor Analysis

Figure 5.1: Market Share Analysis of the Global Mineral Fiber Ceiling Market in 2019

Figure 5.2: Market Share Analysis of the Top Five Players in the Global Mineral Fiber Ceiling Market in 2019

Figure 5.3: Locations of Major Mineral Fiber Ceiling Suppliers

Figure 5.4: Porter’s Five Forces Analysis of the Global Mineral Fiber Ceiling Market

 

Chapter 6. Cost Structure Analysis

Figure 6.1: Cost Structure Analysis of the Global Mineral Fiber Ceiling Market (%) in 2019

 

 

 

List of Tables

 

Chapter 1. Executive Summary

Table 1.1: Global Mineral Fiber Ceiling Market Parameters and Attributes

 

 

Chapter 5. Competitor Analysis

Table 5.1: Product mapping of mineral fiber ceiling Suppliers Based on Markets Served

Table 5.2: Product mapping of mineral fiber ceiling Suppliers Based on Application

Table 5.3: Product mapping of mineral fiber ceiling Suppliers Based on Profile and Color Type

Table 5.4: Rankings of Suppliers Based on the Mineral Fiber Ceiling Market Revenue

Table 5.5: Operational Integration of Global Mineral Fiber Ceiling Manufacturer

 

Chapter 6. Cost Structure Analysis

Table 6.1: Financial Statement for the Global Mineral Fiber Ceiling Market

 

Chapter 7. Growth Opportunities and Strategic Analysis

Table 7.1: New Product Launches by Major Mineral Fiber Ceiling Manufacturers (2014-2019) (Source: Lucintel)

Table 7.2: Certification Acquired by Major Competitors in the Global Mineral Fiber Ceiling Market

 

 

Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:

Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the mineral fiber ceiling market. The major mineral fiber ceiling tile manufacturers, such as Armstrong World Industry, Compagnie de Saint-Gobain SA, USG Corporation, and others.
 

Below is a brief summary of the primary interviews that were conducted by job function for this report.

Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.