Building Panels Market Growing At A CAGR Of 6.23% From 2023 To 2030 As Revealed In New Report

The global Building Panels market was worth USD 200.01 Billion in 2022. It is expected to reach USD 380.02 Billion by 2030 with a CAGR of 6.23% over the period from 2023 to 2030.

The latest study released on the global Building Panels Market evaluates market size, trend, and forecast to 2032. The Building Panels market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Building panels are prefabricated construction elements used to form parts of a building’s structure, including walls, floors, ceilings, and roofs. Made from materials such as concrete, metal, wood, or composites, they offer structural support, insulation, and sometimes aesthetic finishes. Common types include Structural Insulated Panels (SIPs), which have an insulating foam core between two facings, and precast concrete panels known for their strength and durability. These panels simplify construction, improve efficiency, and enhance energy performance, making them popular in modern building practices.

Key Players Included In This Report:

Kingspan Group plc (Ireland),CRH plc (Ireland),Norbord Inc. (Canada),USG Corporation (United States),Georgia-Pacific LLC (United States),Boral Limited (Australia),Cembrit Holding A/S (Denmark),James Hardie Industries plc (Ireland),Egger Group (Austria),Alubond U.S.A. (United States),Murus Company (United States),Shenghua Group Deqing Huayuan Co. Ltd. (China),Huntsman Corporation (United States),HeidelbergCement AG (Germany),Etex Group (Belgium),Jiangsu Jinyuan New Material Tech Co., Ltd. (China),Saint-Gobain SA (France),Panasonic Corporation (Japan),Dow Inc. (United States),LafargeHolcim Ltd (Switzerland),BlueScope Steel Limited (Australia),China National Building Material Group Co., Ltd. (CNBM) (China),Skanska AB (Sweden),Rusal Ltd. (Russia),Owens Corning (United States), and Other Major Players.

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Introspective Market Research provide comprehensive market research studies, delivering valuable insights and strategic guidance to businesses worldwide. Our operations are driven by accurate analysis and extensive coverage of all the areas to offer reliable reports.

Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.

Detailed Segmentation:

By Type

• Concrete Panels
• Wood Panels
• Vacuum Insulated Panels
• Structured Insulated Panels
• Wood-Based Panels

By Raw Material

• Concrete
• Silica
• Metal
• Plastic
• Wood

By End User

• Floor & Roofs
• Columns & Beams
• Staircase
• Walls

By Application

• Residential
• Non-Residential

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Key Industry Developments in the Global Building Panels Market:

• In October 2023: Kingspan pioneers sustainability with its Net Zero Carbon Roadmap, charting a course to achieve net-zero emissions by 2040. The company’s commitment signals a significant stride towards environmental responsibility and a low-carbon future.
• In June 2023: CRH plc strengthens its foothold in the construction industry by acquired MPM Products, a premier precast concrete manufacturer in the Northeast US. The strategic move bolsters CRH’s position in the market and enhances its capabilities in delivering high-quality construction solutions.

Geographic Segment Covered in the Report:

• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

Key Features of the Report:

• Identification of potential business segments.
• Assessment of the highest revenue-generating stream.
• Analysis of strategies adopted by key players to sustain during the pandemic.
• Detailed analysis of major players in the market.
• Industry and value chain analysis.

Reasons to access this Report:

• Current and future of Building Panels Market outlook in the developed and emerging markets
• The segment that is expected to dominate the Building Panels market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major Building Panels market players

 Report 

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