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Global Ceiling Tiles Market Trends, Size & Forecast 2023-2030

  Ceiling Tiles Industry Overview The global ceiling tiles market size is expected to reach USD 14.01 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 9.3% over the forecast period. This growth can be attributed to the rising commercial construction activities like the construction of new hospitals, office spaces, hotels, and malls. Ceiling tiles are majorly used for aesthetics and to provide acoustic and thermal insulation to buildings. The raw materials utilized for making ceiling tiles like mineral wool, metal, cork, and gypsum have great noise-absorbing capability, less weight, and are much more eco-friendly as compared to conventional materials used for construction.   Gather more insights about the market drivers, restrains and growth of the  Ceiling Tiles Market   There is an increase in demand for decorative and acoustic interiors in office spaces, hotels, and hospitals. This has resulted in the dem...

Ceiling Tiles Market size is expected to reach USD 14.01 billion by 2030

  Ceiling Tiles   Industry Overview The global ceiling tiles market size was estimated at USD 6.82 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2023 to 2030. The growth is expected to be driven by rising commercial construction activities like office complexes, institutional buildings, and healthcare facilities across the world. The market is likely to grow substantially with increasing disposable income in emerging economies, increasing demand for thermal and acoustic insulation, and changing consumer behavior toward the aesthetics of office and home buildings. In addition, the usage of innovative and sustainable construction solutions involving eco-friendly materials for floors, ceilings, and walls, is expected to benefit the market dynamics over the forecast period. The ceiling tiles are manufactured using various raw materials such as metals, mineral fiber, fiberglass, gypsum, wood, and plastic. ...