Global Building Panels Market is projected to reach USD 230.99 Billion by 2023, growing at a CAGR of over 6% during the forecast period due to rapid urbanization, growing construction industry, technological developments and growing demand for minimal logistic support. Building panels are also effective in terms of the cost related with it and can withstand the impact of any natural calamities such as earthquake and storms. Building panels are used to construct the internal and external features of a building. specific types of panels can be used to insulate the interior parts of a structure. Based on regions, the Asia-Pacific region held the largest share among all the regions in 2024-2032 due to emerging economies in India, China, Japan, coupled with growing applications of building panels in the residential and non-residential construction industry. Moreover, Asia-Pacific region is projected to be the fastest-growing market during 2018-2023, due to the increasing awareness among end users and growing demand for building panel products.
Years considered for this report
Historical Years2013-2016
Base Year2024-2032
Estimated Year2018
Forecast Period2018–2023
Objective of the Study
- To analyse and forecast the market size of Building Panels Market, in terms of value and volume.
- To classify and forecast Global Building Panels Market based on type, raw material, end use, application and regional distribution.
- To identify drivers and challenges for Global Building Panels Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Building Panels Market.
- To conduct the pricing analysis for Building Panels Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Building Panels Market.
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Some of the leading players in the Global Building Panels Market are CRH PLC, Panasonic Corporation, Saint-Gobain, Evonik Industries AG, Lafarge, Boral Limited, Fletcher Building Limited, Dow Corning Corporation, Huntsman International LLC., BMC Stock Holdings, Inc., etc.
Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the suppliers which could not be identified due to the limitations of secondary research. Market insights research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.
Market insights research calculated the market size of Global
Key Target Audience
- Manufacturers of Building Panels
- Architects & engineers
- End consumers
- Raw material suppliers
- Traders, Distributors, and Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
