Building Panels Market: By Material Type, By Panel Type, Structural Insulated Panels, Wood Panels), By Application, By End User and Geography  

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Building Panels Market Size, Share, Growth, Trends, and Global Industry Analysis: By Material Type (Concrete, Plastic, Metal, Wood, Silica), By Panel Type (Concrete Panels, Vacuum Insulated Panels (VIP), Structural Insulated Panels (SIP), Wood Panels), By Application (Floors & Roofs, Walls, Columns & Beams, Staircases), By End User (Residential, Commercial, Industrial) and Region  

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Building Panels Market size was valued at US$ 215.6 billion in 2022 and is poised to grow at a 6.3% from 2023-2029. The global market provides a detailed overview of the Building Panels market and that can be segmented by material type, panel type, Application, and End User. By material type, The Building Panels market has been segmented into Concrete, Plastic, Metal, Wood, and Silica. The Concrete segment is likely to be the largest and fastest-growing segment in terms of type. Based on panel the Building Panel market is segmented into Concrete Admixtures Panels, Vacuum Insulated Panels (VIP), Structural Insulated Panels (SIP), and Wood Panels.  Among these, the Concrete Panels segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on Application, the Building Panels market is segmented into Floors & Roofs, Walls, Columns & Beams, and Staircases. The Floors & Roofs segment accounts for the largest share in 2021. Columns & Beams is the second-largest share during the forecast period 2021-2028. Based on the end-user has been segregated into Residential, Commercial, and Industrial. The Residential segment is expected to dominate other segments in the Building Panels market during the forecast period according to precision business insights.  

Building Panels Market Recent Key Developments:

In August 2021, Nucor Corporation acquired CENTRIA and Melt-Span brands from Cornerstone Building Brands' insulated metal panels (IMP) business.

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Global Building Panels Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.3%

Largest Market

Asia-Pacific

Fastest Growing Market

Europe

Building Panels Market Dynamics

Rapid growth in construction industry, increase in disposable income, and development of advanced building panels are anticipated to propel the global building panels market over the forecast years

Global Building Panels Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2022

US$ 215.6 billion

Market CAGR

6.3%

By Material Type

  • Concrete,
  • Plastic,
  • Metal,
  • Wood,
  • Silica

By Panel Type

  • Concrete Panels,
  • Vacuum Insulated Panels (VIP),
  • Structural Insulated Panels (SIP),
  • Wood Panels

By End User

  • Residential,
  • Commercial,
  • Industrial

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The Building Panels Market is projected to expand at a CAGR of 6.3% during the forecast period.

The major players in the global Building Panels market are Panasonic Corporation (Japan), Saint-Gobain (France), Nippon Steel & Sumitomo Metal Corporation (Japan), Nexii (Canada), CRH plc (Ireland), Lafarge (France), Evonik Industries AG (Germany), Huntsman International LLC. (U.S.), Dow Corning Corporation (U.S.), Fletcher Building Limited (New Zealand), Armstrong World Industries, Inc. (U.S.)

Asia-Pacific is the fastest-growing region for Building Panels Market

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1. Executive Summary
2. Global Building Panels Market Introduction
2.1. Global Building Panels Market Taxonomy
2.2. Global Building Panels Market Definitions
2.2.1. By Material Type
2.2.2. By Panel Type
2.2.3. By Application
2.2.4. By End User
2.2.5. By Region
3. Global Building Panels Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Building Panels Market Dynamic Factors - Impact Analysis
3.6. Global Building Panels Market Competition Landscape
4. Global Building Panels Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Building Panels Market, By Material Type, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
5.1. Concrete
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Plastic
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Metal
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Wood
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Silica
5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Building Panels Market, By Panel Type, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
6.1. Concrete Panels
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Vacuum Insulated Panels (VIP)
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Structural Insulated Panels (SIP)
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Wood Panels
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
7. Global Building Panels Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
7.1. Floors & Roofs
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Walls
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Columns & Beams
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Staircases
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
8. Global Building Panels Market, By End User, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
8.1. Residential
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Commercial
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Industrial
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
9. Global Building Panels Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
9.1. North America
9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Building Panels Market - Opportunity Analysis Index, By Material Type, By Panel Type, By Application, By End User, and Region, 2023 - 2029
10. North America Building Panels Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
10.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Concrete
10.1.2. Plastic
10.1.3. Metal
10.1.4. Wood
10.1.5. Silica
10.2. Panel Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Concrete Panels
10.2.2. Vacuum Insulated Panels (VIP)
10.2.3. Structural Insulated Panels (SIP)
10.2.4. Wood Panels
10.3. Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Floors & Roofs
10.3.2. Walls
10.3.3. Columns & Beams
10.3.4. Staircases
10.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Building Panels Market - Opportunity Analysis Index, By Material Type, Panel Type, By Application, By End User, and Country, 2023 - 2029
10.7. North America Building Panels Market Dynamics Trends
11. Europe Building Panels Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
11.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Concrete
11.1.2. Plastic
11.1.3. Metal
11.1.4. Wood
11.1.5. Silica
11.2. Panel Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Concrete Panels
11.2.2. Vacuum Insulated Panels (VIP)
11.2.3. Structural Insulated Panels (SIP)
11.2.4. Wood Panels
11.3. Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Floors & Roofs
11.3.2. Walls
11.3.3. Columns & Beams
11.3.4. Staircases
11.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Rest of Europe
11.6. Europe Building Panels Market - Opportunity Analysis Index, By Material Type, Panel Type, By Application, By End User, and Country, 2023 - 2029
11.7. Europe Building Panels Market Dynamics Trends
12. Asia-Pacific Building Panels Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
12.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Concrete
12.1.2. Plastic
12.1.3. Metal
12.1.4. Wood
12.1.5. Silica
12.2. Panel Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Concrete Panels
12.2.2. Vacuum Insulated Panels (VIP)
12.2.3. Structural Insulated Panels (SIP)
12.2.4. Wood Panels
12.3. Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Floors & Roofs
12.3.2. Walls
12.3.3. Columns & Beams
12.3.4. Staircases
12.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Residential
12.4.2. Commercial
12.4.3. Industrial
12.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. China
12.5.2. India
12.5.3. Japan
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Building Panels Market - Opportunity Analysis Index, By Material Type, Panel Type, By Application, By End User, and Country, 2023 - 2029
12.7. Asia-Pacific Building Panels Market Dynamics Trends
13. Latin America Building Panels Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
13.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Concrete
13.1.2. Plastic
13.1.3. Metal
13.1.4. Wood
13.1.5. Silica
13.2. Panel Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Concrete Panels
13.2.2. Vacuum Insulated Panels (VIP)
13.2.3. Structural Insulated Panels (SIP)
13.2.4. Wood Panels
13.3. Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Floors & Roofs
13.3.2. Walls
13.3.3. Columns & Beams
13.3.4. Staircases
13.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Residential
13.4.2. Commercial
13.4.3. Industrial
13.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Building Panels Market - Opportunity Analysis Index, By Material Type, Panel Type, By Application, By End User, and Country, 2023 - 2029
13.7. Latin America Building Panels Market Dynamics Trends
14. Middle East and Africa Building Panels Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
14.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Concrete
14.1.2. Plastic
14.1.3. Metal
14.1.4. Wood
14.1.5. Silica
14.2. Panel Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Concrete Panels
14.2.2. Vacuum Insulated Panels (VIP)
14.2.3. Structural Insulated Panels (SIP)
14.2.4. Wood Panels
14.3. Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Floors & Roofs
14.3.2. Walls
14.3.3. Columns & Beams
14.3.4. Staircases
14.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Residential
14.4.2. Commercial
14.4.3. Industrial
14.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. South Africa
14.5.3. Rest of MEA
14.6. MEA Building Panels Market - Opportunity Analysis Index, By Material Type, Panel Type, By Application, By End User, and Country, 2023 - 2029
14.7. MEA Building Panels Market Dynamics Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Key Material Types, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Panasonic Corporation (Japan)
15.2.2. Saint-Gobain (France)
15.2.3. Nippon Steel & Sumitomo Metal Corporation (Japan)
15.2.4. Nexii (Canada)
15.2.5. CRH plc (Ireland)
15.2.6. Lafarge (France)
15.2.7. Evonik Industries AG (Germany)
15.2.8. Huntsman International LLC. (U.S.)
15.2.9. Dow Corning Corporation (U.S.)
15.2.10. Fletcher Building Limited (New Zealand)
15.2.11. Armstrong World Industries, Inc. (U.S.)
16. Research Methodology
17. Key Assumptions and Acronyms

Key Market Players

  • Panasonic Corporation (Japan)
  • Saint-Gobain (France)
  • Nippon Steel & Sumitomo Metal Corporation (Japan)
  • Nexii (Canada)
  • CRH plc (Ireland)
  • Lafarge (France)
  • Evonik Industries AG (Germany)
  • Huntsman International LLC. (U.S.)
  • Dow Corning Corporation (U.S.)
  • Fletcher Building Limited (New Zealand)
  • Armstrong World Industries, Inc. (U.S.)

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