Building panels are used to construct the external and internal features of a building. Specific types of panels can be used to insulate the interior parts of a structure. They can be in the form of pre-fabricated concrete blocks or structural insulated panels (SIPs).
On the basis of application, the residential sector held the largest market share, in terms of both volume and value, in 2017. Concrete panels was the most widely used type of panels among other building panels type, in terms of both volume and value, in the same year. Structural-architectural concrete panels provide a cost-effective solution to building enclosures and are highly engineered, provides rugged, durable surfaces for walls and is used widely for floors and roofs as well.
The global Building Panels market size is projected to reach US$ 214840 million by 2025, from US$ 174560 million in 2020, at a CAGR of 3% during 2021-2027.
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Following are the segments covered by the report are:
- Concrete panels
- Vacuum insulated panels (VIP)
- Structural insulated panels (SIP)
- Wood panels
By Application:
- Residential
- Non-Residential
The Key manufacturers that are operating in the global Building Panels market are:
- Kingspan Group
- OCI Company
- LG Hausys
- BMC Stock Holdings
- Red Sea Housing Services
- Atas International
- Mueller
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Scope of the Report
The research study analyzes the global Building Panels industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Building Panels Market Report
1. What was the Building Panels Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Building Panels Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Building Panels Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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