Building Panels Market: Global Industry Analysis and Forecast (2021-2027), Technology Trends, Sales Revenue Analysis, Market Share, Industry Share, Market Size.

Building Panels Market size was valued at US$ 217.38 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 6.31% through 2021 to 2027, reaching nearly US$ 333.61 Bn.

Building Panels Market Overview:

Prefabricated building panels are utilized in both the residential and non-residential sectors. These panels are used on both the exterior and interior of the structure. Such panels can be made out of a range of materials, including wood, metals, concrete, and others. Building panels in a variety of sizes and shapes can be produced and subsequently used in building. The basic need for this technology arose as the world's growing countries became more urbanised and industrialised. Building panels are more cost-effective than traditional construction methods since they take less time, money, labour, and energy to create. Building panels are superior to other traditional construction methods due to their ease of installation, which reduces material waste. Building Panels Market To know about the Research Methodology :- Request Free Sample Report Though market forecasting through 2027 is based on real output, demand and supply of 2020, 2020 numbers are also estimated on real numbers published by key players as well all-important players across the world. Market forecasting till 2027 is done based on past data from 2016 to 2019 with the impact of global lock down on the market in 2020 and 2021.

Global Building Panels Market Dynamics:

The global building panels market is being driven by the present construction boom around the globe. This involves both the construction of new structures and the renovation of existing ones. In order to lower a structure's electricity consumption to maintain inside temperatures, care is necessary to employ the best feasible construction materials and building panels. As a result, rising worries over high energy and fuel use are driving the global building panels market forward. The global building panels market is being hampered by increasingly strict regulatory rules regarding the use of specific chemicals and materials. Due to their harmful properties, a number of chemicals have been prohibited in several countries. As a result, market players must grow their research and development spending in order to find safe and cost-effective alternatives. In the global building panel market, emerging economies provide significant prospects. The majority of these countries are experiencing a surge in construction activity. Each country has a significant opportunity for regional and global players to expand. These developing economies can also afford to buy high-quality building materials and products to construct superior structures. This is likely to increase the potential for global players to grow. Building Panels Market

Global Building Panels Market Segment Analysis:

Based on the Type, the market is segmented into Concrete panels, Vacuum insulated panels (VIP), Structural insulated panels (SIP), and Wood panels. Wood panels segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. The major benefit of using a wood panel is that it adds to the aesthetic quality of your home's design. The walls have a rich and sophisticated appearance. The natural beauty of wood can be displayed through decorative wood such as veneers. The surface of a wood panel is clean and smooth. Building Panels MarketBased on the Raw Material, the market is segmented into Concrete, Plastic, Metal, Wood, and Silica. Concrete segment is expected to hold the largest market share of xx% by 2027. This is due to the structural-architectural concrete panels are exceptionally designed and provide a robust and durable surface for walls; they are a cost-effective alternative in construction activities. As concrete panels are pre-stressed, they are stronger than reinforced panels and are often used for floors and roofs. These panels are also lightweight, easy to cut, and come in a variety of forms and sizes, making them ideal for a variety of applications. Based on the Application, the market is segmented into Residential, and Non-Residential. The residential segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. With a growing population and low mortgage interest rates, the residential market is experiencing significant growth. Construction and transportation infrastructure development projects can encourage the use of a variety of building panels, as well as their raw materials. During the forecast period, robust growth is fuelled by rising demand in commercial venues such as malls and supermarkets. In the global market for building panels, emerging economies provide significant prospects. The majority of these countries are experiencing a surge in construction activity. Each country gives a significant opportunity for regional and global players to flourish. These rising economies can also afford to buy high-end construction materials.

Global Building Panels Market Regional Insights:

Asia Pacific dominates the Global Building Panels market during the forecast period 2021-2027. Asia Pacific is expected to hold the largest market share of xx% by 2027. This is due to the region's growing industrialisation and urbanisation India, China, and Japan, for example, are fast-growing economies in the region. During the forecast period, it is expected to have a beneficial impact on the growth of the building panels market. These are the major factors that drive the growth of this region in the global market during the forecast period 2021-2027. North America is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. Because of the availability of technical improvements in this region, the United States is expected to capture a significant market share. Furthermore, the country's need for insulated metal panels is expected to rise as a result of a modern approach to developing green building. Builders are concentrating on meeting emission standards, which is expected to boost market growth in the United States. Building Panels Market The objective of the report is to present a comprehensive analysis of the Global Building Panels Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Building Panels Market dynamic, structure by analyzing the market segments and project the Global Building Panels Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Building Panels Market make the report investor’s guide.

Global Building Panels Market Scope: Inquire before buying

Global Building Panels Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $217.38 Bn.
Forecast Period 2021 to 2027 CAGR: 6.31% Market Size in 2027: US $333.61 Bn.
Segments Covered: by Type • Concrete panels • Vacuum insulated panels (VIP) • Structural insulated panels (SIP) • Wood panels
by End-Use • Floors & roofs • Walls • Columns & beams • Staircases
by Raw Material • Concrete • Plastic • Metal • Wood • Silica
by Application • Residential • Non-Residential

Global Building Panels Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Global Building Panels Market Key Players

Panasonic Corporation • Saint-Gobain • Nippon Steel & Sumitomo Metal Corporation • CRH PLC • Lafarge • Evonik Industries AG • Huntsman International LLC. • Dow Corning Corporation • Fletcher Building Limited • Boral Limited • Armstrong World Industries, Inc. • Kingspan Group PLC. • OCI Company Ltd. • LG Hausys Ltd. • BMC Stock Holdings, Inc. Frequently Asked Questions: 1] What segments are covered in Global Building Panels Market report? Ans. The segments covered in Global Building Panels Market report are based on Type, End-Use, Raw Material, and Application. 2] Which region is expected to hold the highest share in the Global Building Panels Market? Ans. Asia Pacific is expected to hold the highest share in the Global Building Panels Market. 3] Who are the top key players in the Global Building Panels Market? Ans. Panasonic Corporation, Saint-Gobain, Nippon Steel & Sumitomo Metal Corporation, CRH PLC, and Lafarge are the top key players in the Global Building Panels Market. 4] Which segment holds the largest market share in the Global Building Panels market by 2027? Ans. Concrete Raw Material segment hold the largest market share in the Global Building Panels market by 2027. 5] What is the market size of the Global Building Panels market by 2027? Ans. The market size of the Global Building Panels market is US $333.61 Bn. by 2027. 6] What was the market size of the Global Building Panels market in 2020? Ans. The market size of the Global Building Panels market was worth US $217.38 Bn. in 2020.
1. Global Building Panels Market: Research Methodology 2. Global Building Panels Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Building Panels Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Building Panels Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Building Panels Market Segmentation 4.1 Global Building Panels Market, by Type (2020-2027) • Concrete panels • Vacuum insulated panels (VIP) • Structural insulated panels (SIP) • Wood panels 4.2 Global Building Panels Market, by End-Use (2020-2027) • Floors & roofs • Walls • Columns & beams • Staircases 4.3 Global Building Panels Market, by Raw Material (2020-2027) • Concrete • Plastic • Metal • Wood • Silica 4.4 Global Building Panels Market, by Application (2020-2027) • Residential • Non-Residential 5. North America Building Panels Market (2020-2027) 5.1 Global Building Panels Market, by Type (2020-2027) • Concrete panels • Vacuum insulated panels (VIP) • Structural insulated panels (SIP) • Wood panels 5.2 Global Building Panels Market, by End-Use (2020-2027) • Floors & roofs • Walls • Columns & beams • Staircases 5.3 Global Building Panels Market, by Raw Material (2020-2027) • Concrete • Plastic • Metal • Wood • Silica 5.4 Global Building Panels Market, by Application (2020-2027) • Residential • Non-Residential 5.5 North America Building Panels Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Building Panels Market (2020-2027) 6.1. Asia Pacific Building Panels Market, by Type (2020-2027) 6.2. Asia Pacific Building Panels Market, by End-Use (2020-2027) 6.3. Asia Pacific Building Panels Market, by Raw Material (2020-2027) 6.4. Asia Pacific Building Panels Market, by Application (2020-2027) 6.5. Asia Pacific Building Panels Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Building Panels Market (2020-2027) 7.1 Middle East and Africa Building Panels Market, by Type (2020-2027) 7.2. Middle East and Africa Building Panels Market, by End-Use (2020-2027) 7.3. Middle East and Africa Building Panels Market, by Raw Material (2020-2027) 7.4. Middle East and Africa Building Panels Market, by Application (2020-2027) 7.5. Middle East and Africa Building Panels Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Building Panels Market (2020-2027) 8.1. Latin America Building Panels Market, by Type (2020-2027) 8.2. Latin America Building Panels Market, by End-Use (2020-2027) 8.3. Latin America Building Panels Market, by Raw Material (2020-2027) 8.4. Latin America Building Panels Market, by Application (2020-2027) 8.5. Latin America Building Panels Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Building Panels Market (2020-2027) 9.1. European Building Panels Market, by Type (2020-2027) 9.2. European Building Panels Market, by End-Use (2020-2027) 9.3. European Building Panels Market, by Raw Material (2020-2027) 9.4. European Building Panels Market, by Application (2020-2027) 9.5. European Building Panels Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Panasonic Corporation 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Saint-Gobain 10.3. Nippon Steel & Sumitomo Metal Corporation 10.4. CRH PLC 10.5. Lafarge 10.6. Evonik Industries AG 10.7. Huntsman International LLC. 10.8. Dow Corning Corporation 10.9. Fletcher Building Limited 10.10. Boral Limited 10.11. Armstrong World Industries, Inc. 10.12. Kingspan Group PLC. 10.13. OCI Company Ltd. 10.14. LG Hausys Ltd. 10.15. BMC Stock Holdings, Inc.

About This Report

Report ID 29211
Category Material & Chemical
Published Date April 2019
Updated Date Nov 2021
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