Research and Markets has announced the addition of the "Growth Opportunities in the Global Mineral Fiber Ceiling Market 2016-2021: Trends, Forecast, and Opportunity Analysis" report to their offering.

Growth Opportunities in the Global Mineral Fiber Ceiling Market 2016-2021: Trends, opportunities and forecast in this market to 2021 by end use type (commercial renovation, commercial new, residential), by application type (office, retail, education, healthcare, others), by profile type (T-bar, others), by color type (white, others), by suspension system type (exposed, concealed) by region (North America, Europe, Asia Pacific, Rest of the World)

The future of the global mineral fiber ceiling market looks good with opportunities in the residential and commercial construction industry. The global mineral fiber ceiling market is expected to reach an estimated $4.3 billion by 2021 and it is forecast to grow at a CAGR of 3.9% from 2016 to 2021. The major drivers of growth for this market are an increase in renovation activities, growth of commercial construction, and demand for ceiling products with high performance features such as being lightweight and having acoustic properties and excellent light reflection.

Emerging trends, which have a direct impact on the dynamics of the market, include the increasing usage of printed mineral fiber ceiling tiles, increasing usage of antimicrobial agents in mineral fiber ceiling tiles, and increasing usage of recycled content in the manufacturing of mineral fiber ceiling tiles.

On the basis of its comprehensive research, the author forecasts that mineral fiber ceiling in new commercial building is expected to show above average growth during the forecast period of 2016 to 2021 due to higher rate of new commercial construction activity and economic growth in emerging economies like China and India.

Within the global mineral fiber ceiling market, commercial renovation is expected to remain the largest segment during the forecast period as increasing renovation activities are the major driving forces that spur growth for this segment over the forecast period.

North America is expected to remain the largest market due to the increasing rate of commercial renovation and remodeling along with growth in residential and commercial construction activities.

Key Topics Covered:

1. Executive Summary

2. Market Background and Classifications

3. Market Trends and Forecast Analysis

4. Competitor Analysis

5. Growth Opportunity and Strategic Analysis

6. Company Profiles of Leading Players

Companies Mentioned

  • Armstrong World Industries
  • Knauf
  • OWA
  • Saint Gobain
  • USG Corporation

For more information about this report visit http://www.researchandmarkets.com/research/r7wcp6/growth