Ceiling Tiles Market - Rise in Construction Activities Are Major Growth Factors for the Ceiling Tile

Ceiling tiles, also known as ceiling panels are sound absorbing, lightweight construction materials which are used to cover a ceiling area. These lightweight tiles are used in the interior of buildings, placed in an aluminum grid for the primary purpose of enhancing the acoustics of a room, besides providing thermal insulation.

 

Albany, NY -- (SBWIRE) -- 03/28/2016 -- Ceiling tiles are building materials used in the ceiling area of a building or a structure used for serving different purposes such as sound absorption, heat insulation and fire insulation. Different materials such as mineral wool, metal, gypsum, wood and plastic are used in manufacturing ceiling tiles which are used in a variety of applications including offices, schools, hotels, residential buildings, and hospitals among others.

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The report on ceiling tiles provides a detailed analysis and forecast of the market on a global as well as regional level for a time period ranging between 2013 and 2019. On a global level, the market has been segmented on the basis of volume (million square meters) and revenue (USD million) for a period of time ranging from 2013 to 2019. For an in-depth understanding of the market at the regional level, the demand has been forecast based on volume (million square meters) and revenue (USD million) for a time period ranging between 2013 and 2019. The report includes drivers and restraints and their impact on the growth of the market within the forecast period. Furthermore, the report encompasses opportunities available for the growth of the market, on a global as well as regional level.

For research, we have conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders. Primary research represents the bulk of the research effort coupled with an extensive secondary research. We reviewed the key players' annual reports, product portfolio, press releases and relevant documents for competitive analysis and better understanding of the market. Secondary research includes in-depth research on current trends, technical writing, recent trades, internet sources, trade associations, statistical data from government websites and associated authorized agency websites. This has proved to be the most successful, effective and reliable approach for obtaining concise data, capturing industry participants' insights and recognizing opportunities and growth.

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Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings. It also includes internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases and market reports. News articles, press releases and web-casts specific to the companies operating in the market also serve as a part of secondary sources.

We conduct primary interviews on an on-going basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills various functions. First-hand information is obtained on the market size, market trends, growth trends, competitive landscape, future outlook, etc. It also helps in validating and strengthening the secondary research findings, and further develops the analysis team's expertise and market understanding. The primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

For a detailed understanding of the market, we have given a thorough analysis of the value chain. In addition, our Porter's five forces model provides a detailed understanding of the intensity of competition present in the market. Furthermore, the study includes a market attractiveness analysis, where the products are benchmarked based on market size, growth rate and general attractiveness.

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The market has been segmented based on products and applications. The segments have been analyzed and forecast based on volume (million square meters) and revenue (USD million) from 2013 to 2019. Additionally, the segments have been analyzed and forecast based on current trends at a global as well as regional level, for the given time period. Geographically, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW), and the demand has been analyzed and forecast based on current trends for a period of six years.

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Profiles of leading companies have been covered in this report along with a detailed analysis of their market share. The study profiles companies such as Armstrong World Industries, Inc. (AWI), Chicago Metallic Corporation, LLC, ROCKFON, Saint-Gobain S.A., Odenwald Faserplattenwerk GmbH (OWA), SAS International and Knauf among others.

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