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North America Mineral Wool Ceiling Tiles Market Expected to Grow with a CAGR of 4.5% During the Forecast Period, 2019-2024 - ResearchAndMarkets.com

January 8, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 8, 2020--

The “North America Mineral Wool Ceiling Tiles Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The market is expected to reach levels worth US$ 5.10 Billion by 2024 growing at a CAGR of 4.25% during 2019-2024.

The North America mineral wool ceiling tiles market reached a value of US$ 3.97 Billion in 2018. Mineral wool ceiling tile is a high-grade interior decorative material, containing mineral wool fiber as the main raw material. It can be produced in a wide range of product forms, sizes, thicknesses and densities depending on the performance and specification required. Mineral wool ceiling tiles offer several advantages and have numerous performance characteristics, which include fire resistance, sound insulation, light reflectance, physical strength and durability. Moreover, owing to their thermal insulation and acoustical properties, these tiles are gaining popularity in the construction of retail stores, offices, hotels, hospitals, transportation terminals and drywall grid systems.

The North America mineral wool ceiling tiles market is currently driven by several factors. Mineral wool ceiling tiles are lightweight, construction materials, which are extensively utilized in residential, commercial and industrial buildings across the region. Furthermore, these tiles are durable, cost-effective and offer several environmental benefits, such as low carbon footprint, provision of healthy indoor environment and reduction in air pollution, which in turn, is propelling the demand. In addition to this, mineral wool ceiling tiles are recyclable in nature, which improves the environmental sustainability of a property. Apart from this, rising per capita incomes coupled with the high economic growth in the region have enabled consumers to adopt better living standards. Owing to this, there has been an escalated demand for mineral wool ceiling tiles in luxurious housing and other infrastructural development projects in the region.

Key Questions Answered in This Report:

Report Coverage:

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Mineral Wool Ceiling Tiles Market

5.1 Market Performance

5.2 Market Breakup by Application

5.3 Market Breakup by Region

5.4 Market Forecast

6 North America Mineral Wool Ceiling Tiles Market

6.1 Market Performance

6.2 Market Forecast

7 North America Mineral Wool Ceiling Tiles Market: Breakup by Application

7.1 Residential

7.2 Non-Residential

8 North America Mineral Wool Ceiling Tiles Market: Breakup by Country

8.1 United States

8.1.1 Historical market Trends

8.1.2 Market Breakup by Application

8.1.3 Market Forecast

8.2 Canada

8.2.1 Historical market Trends

8.2.2 Market Breakup by Application

8.2.3 Market Forecast

9 SWOT Analysis

9.1 Overview

9.2 Strengths

9.3 Weaknesses

9.4 Opportunities

9.5 Threats

10 Value Chain Analysis

10.1 Overview

10.2 Pre-Processing of Raw Materials

10.3 Manufacturer

10.4 Marketing

10.5 Distributor

10.6 Retailer/Exporter

10.7 End-User

11 Porter’s Five Forces Analysis

11.1 Overview

11.2 Bargaining Power of Buyers

11.3 Bargaining Power of Suppliers

11.4 Degree of Rivalry

11.5 Threat of New Entrants

11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

13.1 Market Structure

13.2 Key Players

13.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/iz28w7

View source version on businesswire.com:https://www.businesswire.com/news/home/20200108005624/en/

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SOURCE: Research and Markets

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PUB: 01/08/2020 10:41 AM/DISC: 01/08/2020 10:41 AM