The Global Floating Ceiling Panels Market was valued at USD 1.47 Billion in 2024 and is projected to reach USD 2.89 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period (2025-2032). This significant growth is fueled by the booming construction of commercial spaces, stringent acoustic regulations, and the accelerating adoption of sustainable and smart building materials across retail, hospitality, and corporate sectors.

As architectural trends shift toward minimalist aesthetics and functional interior solutions, the focus intensifies on the manufacturers who are pioneering innovative ceiling systems. In this blog, we profile the Top 10 Companies in the Floating Ceiling Panels Industry—a mix of established manufacturers, material innovators, and design specialists shaping the future of modern interior spaces.

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🔟 1. Armstrong World Industries, Inc.

Headquarters: Lancaster, Pennsylvania, USA
Key Offering: Mineral Fiber Panels, Metal Ceilings, Wood Wool Panels

Armstrong World Industries is a global leader in the design and manufacture of acoustic ceiling and wall solutions. With a history spanning over 150 years, the company offers a comprehensive portfolio of floating ceiling panels renowned for their superior sound absorption, fire resistance, and aesthetic versatility. Their products are specified in major commercial projects worldwide, from corporate headquarters to healthcare facilities.

Innovation Initiatives:

• Development of high-performance acoustic panels with NRC ratings exceeding 0.90

• Expansion of sustainable product lines using recycled content

• Integration of biophilic design principles into panel aesthetics

Download FREE Sample Report: Floating Ceiling Panels Market – View in Detailed Research Report

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9️⃣ 2. Saint-Gobain

Headquarters: Courbevoie, France
Key Offering: Gypsum-based Panels, Mineral Fiber Tiles, Metal Systems

Saint-Gobain, through its subsidiary CertainTeed, is a dominant force in the building materials sector. The company provides high-quality floating ceiling solutions that emphasize acoustic comfort, indoor air quality, and sustainability. Their product range is engineered to meet the rigorous demands of modern construction standards and green building certifications.

Innovation Initiatives:

• Pioneering gypsum board technologies for enhanced moisture resistance

• Focus on circular economy with recyclable and low-VOC emitting products

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8️⃣ 3. Knauf

Headquarters: Iphofen, Germany
Key Offering: Diamond Knauf Ceiling Tiles, AMF Radiant Panels, Custom Solutions

Knauf is a family-owned company and a key global supplier of gypsum-based building materials. Their AMF and Danoline brands are recognized for innovative floating ceiling systems that combine German engineering with design flexibility. The company is known for its robust distribution network and technical support services.

Innovation Initiatives:

• Investment in automated manufacturing for consistent product quality

• Development of specialized panels for cleanroom and healthcare environments

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7️⃣ 4. Odenwald Faserplattenwerk GmbH (OWA)

Headquarters: Amorbach, Germany
Key Offering: Acoustic Mineral Fiber Panels, Perforated Metal Ceilings, 3D Shapes

OWA specializes in high-end acoustic ceiling systems, focusing on both functionality and design. The company’s products are characterized by their excellent sound absorption properties and wide range of finishes, making them a preferred choice for architects designing concert halls, lecture rooms, and premium office spaces.

Innovation Initiatives:

• Leadership in developing Class A sound absorption panels

• Collaboration with designers for bespoke aesthetic solutions

Download FREE Sample Report: Floating Ceiling Panels Market – View in Detailed Research Report

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6️⃣ 5. Rockfon

Headquarters: Hedehusene, Denmark
Key Offering: Stone Wool Ceiling Tiles, Metal Panels, Suspension Systems

Rockfon, part of the Rockwool Group, is a leading provider of stone wool ceiling solutions. Their panels are known for their superior acoustics, fire safety properties, and durability. The company’s products contribute to healthier indoor environments by resisting moisture, mold, and bacteria growth.

Innovation Initiatives:

• Utilization of stone wool—a naturally fire-resistant and recyclable material

• Commitment to Cradle to Cradle Certified® product development

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5️⃣ 6. USG Corporation

Headquarters: Chicago, Illinois, USA
Key Offering: Ultralight Ceiling Panels, Grid Systems, Specialty Acoustic Products

USG Corporation is a prominent manufacturer of building materials, including a wide array of ceiling systems. Their products are engineered for ease of installation and performance, serving the North American market extensively. The company is noted for its innovations in lightweight panel technology, which reduces structural load and installation time.

Innovation Initiatives:

• Introduction of ultra-lightweight panels to simplify handling and installation

• Development of integrated ceiling systems for seamless architectural integration

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4️⃣ 7. Hunter Douglas

Headquarters: Rotterdam, Netherlands
Key Offering: Architectural Ceilings, Linear Metal Systems, Custom Designs

Hunter Douglas is renowned for its architectural products, including innovative ceiling solutions that blend aesthetics with functionality. Their ceiling systems are often featured in high-profile architectural projects, offering designers a high degree of customization in terms of form, color, and texture.

Innovation Initiatives:

• Focus on designer-centric, customizable ceiling solutions

• Development of integrated lighting and ceiling systems

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3️⃣ 8. Vogl Deckensysteme GmbH & Co. KG

Headquarters: Tittmoning, Germany
Key Offering: Stretch Ceilings, Acoustic Membranes, Printed Ceilings

Vogl is a specialist in high-quality stretch ceiling systems, a unique segment of the floating ceiling market. Their technology involves tensioning a lightweight membrane across a room, creating a seamless, monolithic surface that can incorporate lighting, acoustics, and complex visual designs.

Innovation Initiatives:

• Pioneering digital printing technology on stretch ceiling membranes

• Development of hygienic, washable ceiling solutions for healthcare

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2️⃣ 9. Grenzebach BSH GmbH

Headquarters: Bad Hersfeld, Germany
Key Offering: Acoustic Wood Wool Panels, Custom Perforated Panels

Grenzebach BSH is a key manufacturer of wood wool acoustic panels, offering a natural and sustainable alternative to mineral-based products. Their panels are made from wood and cement, providing excellent acoustic damping and a distinctive aesthetic that is popular in educational and cultural buildings.

Innovation Initiatives:

• Expertise in eco-friendly wood wool acoustic products

• Custom perforation patterns for specific acoustic and design requirements

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1️⃣ 10. Shanghai Newtouch Interior Decoration Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Mineral Fiber Tiles, Gypsum Panels, Metal Ceiling Systems

Shanghai Newtouch is a significant player in the Asia-Pacific market, supplying a wide range of ceiling products for the region’s rapid commercial and infrastructural development. The company competes on cost-effectiveness while maintaining quality standards suitable for large-scale projects like shopping malls and airports.

Innovation Initiatives:

• Focus on cost-competitive manufacturing for high-volume projects

• Expansion of product portfolio to include fire-rated and moisture-resistant panels

Get Full Report Here: Floating Ceiling Panels Market – View in Detailed Research Report

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🏗️ Outlook: The Future of Floating Ceiling Panels Is Smarter and More Sustainable

The floating ceiling panels market is undergoing a significant transformation. While traditional mineral fiber and gypsum panels continue to dominate, the industry is rapidly innovating with smarter materials, integrated technologies, and sustainable production methods.

📈 Key Trends Shaping the Market:

• Increased adoption of recycled and bio-based materials to meet green building standards

• Integration of IoT sensors and lighting directly into ceiling panels for smart building management

• Growth in demand for customized and aesthetically unique solutions in the hospitality and retail sectors

• Advancements in installation systems, such as magnetic and clip-in panels, reducing labor time and cost

Get Full Report Here: Floating Ceiling Panels Market – View in Detailed Research Report

The companies listed above are not only supplying essential building components—they are actively defining the standards for modern, healthy, and efficient interior environments.