Global Gypsum Ceiling Tiles Market

Posted February 8, 2021 by maximizegn

The global gypsum ceiling tiles market was valued at US$ X.87 Bn and is expected to reach US$ X.34 Bn by 2027, at a CAGR of X.6 % during a forecast period.
The global gypsum ceiling tiles market was valued at US$ X.87 Bn and is expected to reach US$ X.34 Bn by 2027, at a CAGR of X.6 % during a forecast period.

Global Gypsum Ceiling Tiles Market

Global Gypsum Ceiling Tiles Market

Market Definition:

Gypsum is a common mineral generally obtained from silty rocks. And gypsum ceiling tiles contains gypsum as a plaster material which offers high quality product and that is documented as safe to use in both industrial as well as commercial sector. These tiles are further available in vinyl and PVC laminated tiles which provides properties like easy maintenance, superiority, and smooth finish.

The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.

Growth Fundamentals:

The global gypsum ceiling tiles market is exceeding owing to its properties, specifically, reduction of volume, antimicrobial, fire resistance, thermal stability, which is driving the overall market of global gypsum ceiling market. Unstoppable growth in construction along with fancy infrastructure and inside decoration in specified area, development in construction division provided by tiles makers used in buildings and infrastructure is expected to drive the market at a significant rate over the forecast period. Soundproof property of the material is the major factor to attract the vendors available in the market, helping the overall gypsum ceiling tiles market to grow. Owing to growing request for gypsum in the global market, manufacturing industries are showing their interest to invest in the development and innovation of gypsum ceiling tiles. Some major players involved are Knauf, USG Corporation and Saint-Gobain S.A and have a robust gypsum product range in the construction and building commerce. On the other hand, further factors contributing to the growth of the same market embraces the growing demand from pharmaceuticals, food, and construction and other industries.

Factors like presence of substitutes and fluctuation in crude oil is expected to restrain the market growth creating limitations for the introduction of new market players to invest in the market.

Gypsum Ceiling Tiles Market Segment analysis:

By the application, commercial sector held a significant market share during the projected period. Attributed to the development and increase in the corporate office building escalating the demand for the gypsum ceiling tiles from commercial sector across the globe expected to raise the market value in the coming years. Further commercial sub-segment such as, healthcare center, museum, retail store, movies theatres and further are raising the demand for the gypsum ceiling tiles market. Owing to rise in population and adoption of advanced life style in developed and developing economies will simultaneously contribute for the aforesaid segment and growth and hence, segment will continue to dominate the market and is expected to account for around X8% of the market share.
Gypsum Ceiling Tiles Market Regional Analysis:

Regionally, Asia Pacific is ranked second on a panel in terms of building and construction development, thus APAC slated to account for a leading share of 50.0% by 2027 in the Gypsum Ceiling Tiles market. The number of industries and manufacturing activities are increasing in this region with rapid urbanization and industrialization in developing countries like Japan, India, and China is also estimated to propel the gypsum ceiling tiles market growth in the Asia Pacific Region. China has the largest manufacturing unit, accounted for a prominent market driver in the region. China's gypsum ceiling tiles market was held at US$ XX Bn in 2019 and is anticipated to reach US$ XX.7 Bn during the forecasted period, at an expected CAGR of X.8 %.

For the same segment, along with APAC, North America is further expected to lead the gypsum ceiling tiles market and is expected to grow at a CAGR of XX% during the forecast period. Developed regions like the U.S and Canada are considered as the major contributors to the gypsum ceiling tiles market growth in the North American region.

The objective of the report is to present a comprehensive analysis of the Global Gypsum Ceiling Tiles Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Gypsum Ceiling Tiles Market dynamics, structure by analysing the market segments and project the Global Gypsum Ceiling Tiles Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Gypsum Ceiling Tiles Market make the report investor’s guide.

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Scope of Gypsum Ceiling Tiles Market

Global Gypsum Ceiling Tiles Market, By Type

• Vinyl Laminated Gypsum Ceiling Tiles
• PVC Laminated Gypsum Ceiling Tiles
• Others
Global Gypsum Ceiling Tiles Market, By Application

• Hospitality
• Commercial
• Institutional
• Residential
• Industrial
Global Gypsum Ceiling Tiles Market, By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Key Players Operating the Gypsum Ceiling Tiles Market,

• Zhejiang Youpon Integrated Ceiling
• Shanghai Simon Wall Ceiling
• Hunter Douglas
• OWA Ceiling Systems
• Architectural Surfaces
• Grenzebach BSH
• DAIKEN Corporation
• Gordon Incorporated
• SAS International
• USG Corporation
• Knauf AMF
• Armstrong
• Saint-Gobain
• Ouraohua
• Techno Ceiling
• Norton Industries
• Yoshino Gypsum
• National Gypsum
• Rockfon
• Siniat

This Report Is Submitted By : Maximize Market Research Company

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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
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Issued By geeta
Country India
Categories Business
Tags global gypsum ceiling tiles market
Last Updated February 8, 2021