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North America Mineral Wool Ceiling Tiles Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The North America mineral wool ceiling tiles market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.2% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor. 

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 sub-segment of the North America mineral wool ceiling tiles market, along with forecasts at the regional and country level from 2021-2026. 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
       

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Application, Country
Countries Covered United States, Canada
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


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?

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: Global: Mineral Wool Ceiling Tiles Market: Sales Value (in Billion US$), 2015-2020
Figure 2: Global: Mineral Wool Ceiling Tiles Market: Breakup by Application (in %), 2020
Figure 3: Global: Mineral Wool Ceiling Tiles Market: Breakup by Region (in %), 2020
Figure 4: Global: Mineral Wool Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 5: North America: Mineral Wool Ceiling Tiles Market: Sales Value (in Billion US$), 2015-2020
Figure 6: North America: Mineral Wool Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 7: North America: Mineral Wool Ceiling Tiles Market: Breakup by Application (in %), 2020
Figure 8: North America: Mineral Wool Ceiling Tiles (Residential) Market: Sales Value (in ‘000 US$), 2015 & 2020
Figure 9: North America: Mineral Wool Ceiling Tiles (Residential) Market Forecast: Sales Value (in ‘000 US$), 2021-2026
Figure 10: North America: Mineral Wool Ceiling Tiles (Non-Residential) Market: Sales Value (in ‘000 US$), 2015 & 2020
Figure 11: North America: Mineral Wool Ceiling Tiles (Non-Residential) Market Forecast: Sales Value (in ‘000 US$), 2021-2026
Figure 12: North America: Mineral Wool Ceiling Tiles Market: Breakup by Country (in %), 2020
Figure 13: United States: Mineral Wool Ceiling Tiles Market: Sales Value (in ‘000 US$), 2015-2020
Figure 14: United States: Mineral Wool Ceiling Tiles Market: Breakup by Application (in %), 2020
Figure 15: United States: Mineral Wool Ceiling Tiles Market Forecast: Sales Value (in ‘000 US$), 2021-2026
Figure 16: Canada: Mineral Wool Ceiling Tiles Market: Sales Value (in ‘000 US$), 2015-2020
Figure 17: Canada: Mineral Wool Ceiling Tiles Market: Breakup by Application (in %), 2020
Figure 18: Canada: Mineral Wool Ceiling Tiles Market Forecast: Sales Value (in ‘000 US$), 2021-2026
Figure 19: North America: Mineral Wool Ceiling Tiles Industry: SWOT Analysis
Figure 20: North America: Mineral Wool Ceiling Tiles Industry: Value Chain Analysis
Figure 21: 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, 2020 and 2026
Table 2: North America: Mineral Wool Ceiling Tiles Market Forecast: Breakup by Application (in ‘000 US$), 2021-2026
Table 3: North America: Mineral Wool Ceiling Tiles Market Forecast: Breakup by Country (in ‘000 US$), 2021-2026
Table 4: North America: Mineral Wool Ceiling Tiles Market: Competitive Structure
Table 5: North America: Mineral Wool Ceiling Tiles Market: Key Players

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