PUBLISHER: IMARC | PRODUCT CODE: 1347646
PUBLISHER: IMARC | PRODUCT CODE: 1347646
North America Mineral Wool Ceiling Tiles Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The North America mineral wool ceiling tiles market size reached US$ 4.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4% during 2023-2028.
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 Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America mineral wool ceiling tiles market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on application.
Key Regions Analysed
United States
Canada
Analysis for Each Country
Market by Application
Residential
Non-Residential
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report:
- How has the North America mineral wool ceiling tiles market performed so far and how will it perform in the coming years?
- What are the key regions in the North America mineral wool ceiling tiles market?
- What has been the impact of COVID-19 on the North America mineral wool ceiling tiles market?
- What is the breakup of the North America mineral wool ceiling tiles market on the basis of application?
- What are the various stages in the value chain of the North America mineral wool ceiling tiles industry?
- What are the key driving factors and challenges in the North America mineral wool ceiling tiles industry?
- What is the structure of the North America mineral wool ceiling tiles industry and who are the key players?
- What is the degree of competition in the North America mineral wool ceiling tiles industry?
- What are the profit margins in the North America mineral wool ceiling tiles industry?
Table of Contents
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 Impact of COVID-19
- 6.3 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
List of Figures
- Figure 1: North America: Mineral Wool Ceiling Tiles Market: Major Drivers and Challenges
- Figure 2: Global: Mineral Wool Ceiling Tiles Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Mineral Wool Ceiling Tiles Market: Breakup by Application (in %), 2022
- Figure 4: Global: Mineral Wool Ceiling Tiles Market: Breakup by Region (in %), 2022
- Figure 5: Global: Mineral Wool Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 6: North America: Mineral Wool Ceiling Tiles Market: Sales Value (in Billion US$), 2017-2022
- Figure 7: North America: Mineral Wool Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 8: North America: Mineral Wool Ceiling Tiles Market: Breakup by Application (in %), 2022
- Figure 9: North America: Mineral Wool Ceiling Tiles (Residential) Market: Sales Value (in '000 US$), 2017 & 2022
- Figure 10: North America: Mineral Wool Ceiling Tiles (Residential) Market Forecast: Sales Value (in '000 US$), 2023-2028
- Figure 11: North America: Mineral Wool Ceiling Tiles (Non-Residential) Market: Sales Value (in '000 US$), 2017 & 2022
- Figure 12: North America: Mineral Wool Ceiling Tiles (Non-Residential) Market Forecast: Sales Value (in '000 US$), 2023-2028
- Figure 13: North America: Mineral Wool Ceiling Tiles Market: Breakup by Country (in %), 2022
- Figure 14: United States: Mineral Wool Ceiling Tiles Market: Sales Value (in '000 US$), 2017-2022
- Figure 15: United States: Mineral Wool Ceiling Tiles Market: Breakup by Application (in %), 2022
- Figure 16: United States: Mineral Wool Ceiling Tiles Market Forecast: Sales Value (in '000 US$), 2023-2028
- Figure 17: Canada: Mineral Wool Ceiling Tiles Market: Sales Value (in '000 US$), 2017-2022
- Figure 18: Canada: Mineral Wool Ceiling Tiles Market: Breakup by Application (in %), 2022
- Figure 19: Canada: Mineral Wool Ceiling Tiles Market Forecast: Sales Value (in '000 US$), 2023-2028
- Figure 20: North America: Mineral Wool Ceiling Tiles Industry: SWOT Analysis
- Figure 21: North America: Mineral Wool Ceiling Tiles Industry: Value Chain Analysis
- Figure 22: North America: Mineral Wool Ceiling Tiles Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: North America: Mineral Wool Ceiling Tiles Market: Key Industry Highlights, 2022 and 2028
- Table 2: North America: Mineral Wool Ceiling Tiles Market Forecast: Breakup by Application (in '000 US$), 2023-2028
- Table 3: North America: Mineral Wool Ceiling Tiles Market Forecast: Breakup by Country (in '000 US$), 2023-2028
- Table 4: North America: Mineral Wool Ceiling Tiles Market: Competitive Structure
- Table 5: North America: Mineral Wool Ceiling Tiles Market: Key Players
