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The global ceiling tiles industry is moderately fragmented, with prominent players, such as Armstrong World Industries, Inc., USG Corporation, Saint-Gobain, Knauf Gips KG and Rockfon (Rockwool Group) holding a market share of ~35-40%.
In the ceiling tiles market, companies compete on several critical fronts: product innovation, aesthetic versatility, acoustic performance, and sustainability. Firms aim to deliver high-quality, durable tiles featuring advanced attributes such as soundproofing, fire resistance, and moisture resistance, catering to diverse customer requirements. Pricing strategies and cost-efficiency are crucial, particularly in competitive environments.
Major players operating in the ceiling tiles industry are: