Lucintel's latest market report analyzed that mineral fiber ceiling provides attractive opportunities in the infrastructure industry. The mineral fiber ceiling market is expected to reach $4.7 billion by 2025 with a CAGR of 3.6%. In this market, wet felt is the largest segment by material, whereas commercial renovation is largest by end use. The increasing usage of printed mineral fiber ceiling tiles and increasing usage of antimicrobial agents in mineral fiber ceiling tiles provides strategic growth path in this market.
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Based on material, the
mineral fiber ceiling market is segmented into wet felt mineral fibers, stone
wool mineral fibers, and glass wool mineral fibers. The wet felt segment
accounted for the largest share of the market in 2020 due to its efficient
thermal insulation and sound absorption properties and the glass wool mineral
fiber is expected to witness the highest growth during the forecast period
because of its lower material and maintenance cost.
Browse in-depth TOC on “Mineral
Fiber Ceiling Market”
125 – Tables
154 – Figures
243 – Pages
The mineral fiber
ceiling market is marked by the presence of several big and small players. Some
of the prominent players offering mineral fiber ceiling include Armstrong World
Industries, Saint-Gobain, USG Corp., Knauf, Rockwool International, OWA, Star
USG,and Hebei Saiding Building Materials and others.
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to make confident business decisions in this globally competitive marketplace. For
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this link helpdesk@lucintel.com.
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the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
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Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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