Press Releases
 
Ceiling Tiles Market Expected to Cross over US$50 bn by 2024, Asia Pacific Leading the Market

Ceiling Tiles Market - Global Industry Analysis, Size, Share, Forecast 2016 – 2024

New York, USA, 1 August 2017 -- Global Ceiling Tiles Market is estimated to be worth US$51.3 bn by the end of 2024 as compared to US$21.6 bn in 2015. During the forecast years of 2016 and 2024, the global ceiling tiles market is expected to expand at a CAGR of 10.1%.

Ceiling tiles are essentially being utilized for enhancing the aesthetics of a building and improving its thermal covering. The requirement for these ceiling tiles has been on the rise as they offer outstanding sound absorption properties and are lighter in weight as compared to other construction materials. The ceiling tiles market is expected to grow at a rapid pace in the near future as the raw materials used for producing the tiles can be completely recycled.

The global ceiling tiles market stood at the valuation of US$21.6 bn in 2015 and is estimated to reach around US$51.3 bn by the end of 2024. The market is expected to grow at a healthy CAGR of 10.1% during the mentioned forecast period of 2016 to 2024.

Browse Market Research Report @ http://www.transparencymarketresearch.com/ceiling-tiles-market.html

Ceiling Tiles Market Driven by High Affordability

Ceiling tiles are a crucial part of the construction sector, which is developing at a relentless speed all across the globe. Demand for variety of ceiling tiles is expected to grow more in the near future as numerous commercial and residential projects continue to come up. The industrial sector is also expected to play an instrumental role in the rising demand for ceiling tiles. The demand for building residential projects is gaining significant momentum because of the improvements in GDP of nations across the world, rise in disposable incomes, improving standard of living, rising need for better quality of structures, and call for more aesthetic designs.

Constructors have been more inclined towards using ceiling tiles in their projects as these tiles are affordable. Ceiling tiles will also be extensively used for building economic homes. Due to these reasons, there is expected to be a significant demand for low-price ceiling tiles in the developing countries in the coming years. These ceiling tiles are primarily used in hotels, offices, transportation terminals, hospitals, retail stores, drywall grid systems, and building perimeters.

Enter your information below to receive a sample copy of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2073

Asia Pacific Soon to Replace Europe as Leader in Global Ceiling Tiles Market 

In terms of geographical segmentation, the global ceilings tiles market is split into North America, Asia Pacific, the Middle East and Africa, Europe, and Rest of the World. Emerging economies such as India and China in the Asia Pacific region are expected to provide lucrative opportunities to the global ceiling tiles market as the building and construction industry gathers momentum. Europe held a considerable share in the global ceiling tiles market in 2015 mainly because of the booming construction and building activities in the region.

Rapid urbanization and industrialization and population explosion will significantly contribute in the growth of ceilings tiles market for all the above mentioned geographical regions. These events will lead to lucrative market opportunities for ceiling tiles. Moreover, increased investment in the construction and infrastructure in the Middle East and Africa is also anticipated to be contribute considerably in the growth of the market.

# # #


Media Contacts:
Contact Us:-

Transparency Market Research

90 State Street, Suite 700, Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email:

Website: http://www.transparencymarketresearch.com/

Visit Blog: http://marketresearchreports2017.blogspot.in

Footnotes:
Transparency Market Research has published a new research report titled “Ceiling Tiles Market - Global Industry Analysis, Size, Share, Forecast 2016 - 2024” to their report store.

Document Attached Image Attached Download file at: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2073
(Right click and save file to download.)

Submitted by wayne, Transparency market research on Tuesday, 1 August 2017 at 4:14 PM
Category: Architecture & Construction
 
Related News

Get Cost Effective Real Estate Services from Professionals
Thursday, 23 Nov 2017

Get The Best Marlboro Manalapan Radon Testing Removal Services For Your Home & Business
Thursday, 23 Nov 2017

Get The UK’s Best Bay Window Shutters Full Height Tier On Tier Made-to-Measure Solutions
Tuesday, 21 Nov 2017

Does Double Glazing Assist in Giving Security?
Friday, 17 Nov 2017

Redefine Elegance with Stunning Shaker Style Cabinets from GEC Cabinets Depot
Friday, 17 Nov 2017

Related Events

There are no related events in this category.

Latest News

Create a Simple HTML5 Contact Form – Online
Friday, 24 Nov 2017

Freshest Certified Organic Darjeeling Tea Available Online from Jay Shree Tea
Friday, 24 Nov 2017

Causes You'll want to Contemplate Hiring A Family Lawyer
Friday, 24 Nov 2017

Piezoelectric Accelerator Application Market: A Straight Overview of Growth Factors and Future Prosp
Friday, 24 Nov 2017

Tuan Sing Holdings Announces Direct Developer's Discount on Remaining Condominium Units
Friday, 24 Nov 2017

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2017
Today is Friday, 24 November 2017

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • 6th International Fluid Academy Days (IFAD)
  • LACA 2017: 5th Latin American Congress on Autoimmunity
  • European Manufacturing Strategies Summit
  • British Association of Urological Nurses Annual Conference 2017
  • Advancing Collaborative Project Delivery 2017

  • Latest Jobs
    Sorry, there are currently no entries posted here.