Mineral fiber ceiling tiles are kinds of ceiling tiles produced mineral wool, perlite, etc. the main raw material is mineral wool. Mineral fiber is the option for high-performance acoustic ceiling panels. They absorb sound better than other panels, which studies have shown actually increase productivity and happiness in open office plans. Their low density material keeps them moisture resistant, and easy to maintain over time.
Based on Sales channels, mineral fiber ceiling tiles can be categorized into Off-line Sales and On-line Sales. In 2018, Off-line Sales occupied the most market share (95.72%), and it is forecast to hold the leading position in coming years.
Geographically, the consumption market is leading by North America and Europe, sales in Asia Pacific regions like China, Japan, India & SEA and India will see significant growth in future period. In terms of year 2018, North America holds the largest consumption market share, with about 47.07%, followed by Europe, with about 30.74% market share. North America will keep playing important role in Global market.
Armstrong and USG Corporation are the biggest two players in mineral fiber ceiling tiles market, with about 17.639% and 4.510% market share separately in 2018. Other leading market players in mineral fiber ceiling tiles market include OWA Ceiling Systems, Rockfon, Knauf, Saint-Gobain and DAIKEN Corporation etc. the market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc.

According to this study, over the next five years the Mineral Fiber Ceiling Tiles market will register a 8.8% CAGR in terms of revenue, the global market size will reach US$ 6160 million by 2024, from US$ 4050 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Mineral Fiber Ceiling Tiles business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Mineral Fiber Ceiling Tiles market by product type, application, key manufacturers and key regions and countries.

This study considers the Mineral Fiber Ceiling Tiles value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Mineral Fiber
Fiberglass
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Commercial

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Armstrong World Industries, Inc.
USG Corporation
OWA Ceiling Systems
Rockfon (ROCKWOOL International.)
Knauf
Saint-Gobain
DAIKEN Corporation
Luofeier Building Material (Shenyang) Group Co., Ltd.
BNBM

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Mineral Fiber Ceiling Tiles consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Mineral Fiber Ceiling Tiles market by identifying its various subsegments.
Focuses on the key global Mineral Fiber Ceiling Tiles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Mineral Fiber Ceiling Tiles with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Mineral Fiber Ceiling Tiles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.