Chicago, June 23, 2022 (GLOBE NEWSWIRE) -- According to MarketsandMarkets™, the global ceiling tiles market size is projected to grow from USD 8.4 billion in 2022 to USD 11.7 billion by 2027, at a CAGR of 6.8% during the forecast period. Ceiling tiles are lightweight construction materials, which are used to cover ceilings. These are available in smooth, textured, wood, and metal finishes and are made of materials, such as mineral fiber, gypsum, and metal. Ceiling tiles are majorly used in residential and non-residential buildings with the main purpose of serving the aesthetic need of buildings by covering up beams, wires, pipes, cables, and ventilation systems.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=65818677
Browse in-depth TOC on “Ceiling Tiles Market” 257 - Tables 48 - Figures 220– Pages
View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/ceiling-tiles-market-65818677.html
The major drivers for the ceiling tiles market include increasing demand from emerging economies, rising demand for replacing old or damaged ceiling tiles, and increasing demand of ceiling tiles in construction of green buildings. High cost of ceiling tiles, and susceptibility to damage made by molds can restrain the market from growing. Some of the opportunities for manufacturers include growing use of ceiling tiles for enhancing aesthetic looks and growth of construction industry. The major challenges faced by the manufacturers is reducing the installation cost of ceiling tiles coupled with market recovery from Covid-19.
Companies operating in the ceiling tiles market have strengthened their position by adopting expansions, partnerships, agreements, new product/technology launches, joint ventures, contracts, and mergers & acquisitions from 2017-2022. For instance, in December 2020, Armstrong World Industries acquired all the issued, outstanding equity and certain subsidiaries of Arktura LLC with operations in the US and Argentina. Arktura, based in Los Angeles, California, is a designer and fabricator of metal and felt ceilings, walls, partitions, and facades. Armstrongs range of custom solutions and capabilities was extended and expanded with the acquisition of Arktura LLC.
Key Players in Ceiling Tiles Market:
Armstrong World Industries, Inc.(US),
Aerolite Industries Pvt. Ltd. (India),
Ask Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=65818677
Saint-Gobain develops, manufactures, and distributes building and industrial materials and services. It is divided into three business segments: Innovative Materials, Construction Products, and Building Distribution. The Innovative Materials segment provides a one-of-a-kind portfolio of materials and processes for the housing and industrial markets. Plaster, acoustic and thermal insulation, wall facing, roofing, and pipe systems are among the interior and exterior solutions offered by the Construction Products segment to improve the comfort of buildings and homes. The Building Distribution segment caters to the markets of new construction, renovation, and home improvement.
Saint-Gobain India Pvt Ltd. - Gyproc is the gypsum business unit of Saint-Gobain S.A. that manufactures a wide range of gypsum plasterboards, gypsum plasters, and acoustic ceiling tiles for false ceilings, drywall partitions, and wall lining systems. The company is a pioneer and market leader in the Indian market for lightweight interior construction, and its products and systems are preferred by architects and designers, developers, contractors, and homeowners.
Armstrong World Industries, Inc. is a leading manufacturer of ceiling systems for use in commercial and residential construction and remodeling. Throughout the Americas, the company design, manufacture, and distribute ceiling and wall systems primarily made of mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced-gypsum, and felt. Armstrong World Industries provides interior solutions that help to improve comfort, save time, improve building efficiency and overall performance, and create beautiful places, whether at home, at work, in healthcare facilities, classrooms, stores, or restaurants. The company is dedicated to creating new and sustainable ceiling solutions with design and performance options that make a positive difference in living, working, studying, healing, and playing places. Mineral Fibre, Architectural Specialties, and Unallocated Corporate are the main segments of the company.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=65818677
Browse Adjacent Markets: Chemicals Market Research Reports & Consulting
Ceramic Tiles Market by Type (Porcelain, Glazed, Unglazed), Application (Floor, Internal Wall, External Wall, Others), End-Use Sector (Residential & Non-residential), & Region - Global Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/ceramic-tiles-market-228236779.html
As we move toward the end of Q2, it’s time to start thinking about earnings. Looking back at the quarter, analysts are predicting earnings growth of 8%, which may rise to 11% heading into next year. It’s a rosy picture, but it’s also not a sure thing. GDP contracted in Q1, by nearly 1.5%, and some estimates are showing 0% growth in Q2. Such results would meet the technical definition of a recession – and recession is hardly the usual environment to find robust earnings growth. Looking at current
Shares of the specialty pharmaceutical company Bausch Health Companies (NYSE: BHC) are surging today in response to the news that Joseph Papa has resigned from the board of directors effective immediately. Over the past six years, Papa has been instrumental in lowering the company's sky-high debt and keeping it out of bankruptcy court. Bausch said in a statement Thursday evening that billionaire hedge fund manager John Paulson will fill the vacant board position.
In this article, we will take a look at 10 value stocks to buy according to billionaire David Tepper. If you want to skip our discussion on Tepper’s history and his hedge fund’s performance, go directly to 5 Value Stocks to Buy According to Billionaire David Tepper. With a net worth of $16.7 billion, David […]
Nuclear submarine supplier to be sold to US buyer after diplomatic row Russian default expected within days Retail sales volumes down 0.5pc in May FTSE 100 rises strongly Ambrose Evans-Pritchard: The pro-Brussels establishment is painting Brexit as an economic disaster to reverse it Sign up here for our daily business briefing newsletter
“Time is running out for cash-burning companies kept afloat with easy access to capital,” New Constructs CEO David Trainer said in a Thursday research note.
Tesla plant near Shanghai is going to shut down temporarily, according to reports. On Wednesday, Reuters reported that Tesla (ticker: TSLA) will shut down production in China for a couple of weeks at the start of July to upgrade equipment. Tesla didn’t return a request for comment.
At current levels, investors need a 7% to 8% return just to preserve their wealth.
High-yield dividend stocks are a major component of my stock portfolio. Here are three income stocks that have room for solid gains in the next year and even better gains over the long run. The blue-chip business development company (BDC) Main Street Capital (NYSE: MAIN) has held up better than the S&P 500 index, which is down 21% so far this year.
The days of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock trading above $2,000 are numbered. Investors often eagerly anticipate stock splits because they think shares could take off after the split. Let's first address the significance (or lack thereof) of stock splits.
(Bloomberg) -- The prolonged slump in Bitcoin is making it more difficult for some miners to repay the up to $4 billion in loans they have backed by their equipment, posing a potential risk to major crypto lenders.Most Read from BloombergSupreme Court Overturns Roe, Transforming Abortion-Rights FightStocks Eye Best Week in a Month as Sentiment Calms: Markets WrapJuul’s Vaping Products Are Ordered Off the Market in the US‘Coast to Coast’ Housing Correction Is Coming, Says Moody’s Chief EconomistT
The merger of the special-purpose acquisition company Gores Guggenheim and the electric-vehicle company coming from Volvo is done.
Kohl’s and Franchise Group announced June 6 they entered exclusive discussions over a sale of Kohl’s for $60 per share.
The drop is exciting some Berkshire investors because the stock now trades for 1.3 times Barron's estimate of its June 30 book value, compared with more than 1.5 times at its March high.
Yahoo Finance Live checks out Carnival Cruise Lines' stock ahead of its earnings report tomorrow.
Bitcoin bear markets aren't unusual. But cryptocurrencies have never faced such an aggressive Federal Reserve. Welcome to the crypto ice age.
Energy prices are high. But bargain-hunter Buffett continues to bet on big oil.
Dividend stocks are the new darlings in S&P 500. But investors are getting burned on those stocks, too.
ConocoPhillips ( NYSE:COP ) stock is about to trade ex-dividend in 2 days. The ex-dividend date is one business day...
Here's a look at the problems and the reason to believe the headwinds are temporary. For starters, $70 billion market cap industrial giant 3M has seen its revenues grow at an annualized clip of 1.8% over the past decade. While the company is aware of the problem and working on getting itself into a higher gear, that effort has been complicated by the lingering impact of the coronavirus pandemic.
(Bloomberg) -- The S&P 500 Index may have another 24% to fall by year-end, if the past 150 years of financial-market history are any guide.Most Read from BloombergJuul’s Vaping Products Are Ordered Off the Market in the USThese Are the World’s Most Liveable Cities in 2022Elon Musk Says New Tesla Plants Are ‘Money Furnaces’ Losing BillionsRecession Worries Boost Treasuries; Stocks Advance: Markets WrapThe World’s Bubbliest Housing Markets Are Flashing Warning SignsThat’s according to Societe Gene