Lucintel’s latest market report analyzed that mineral fiber ceiling provides attractive opportunities in the infrastructure industry. The mineral fiber ceiling market is expected to reach $4.7 billion by 2025 with a CAGR of 3.6%. In this market, wet felt is the largest segment by material, whereas commercial renovation is largest by end use. The increasing usage of printed mineral fiber ceiling tiles and increasing usage of antimicrobial agents in mineral fiber ceiling tiles provides strategic growth path in this market.
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Based on material, the mineral fiber ceiling market is segmented into wet felt mineral fibers, stone wool mineral fibers, and glass wool mineral fibers. The wet felt segment accounted for the largest share of the market in 2020 due to its efficient thermal insulation and sound absorption properties and the glass wool mineral fiber is expected to witness the highest growth during the forecast period because of its lower material and maintenance cost.
Browse in-depth TOC on “Mineral Fiber Ceiling Market”
125 – Tables
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243 – Pages
The mineral fiber ceiling market is marked by the presence of several big and small players. Some of the prominent players offering mineral fiber ceiling include Armstrong World Industries, Saint-Gobain, USG Corp., Knauf, Rockwool International, OWA, Star USG,and Hebei Saiding Building Materials and others.
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