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Building Panels Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

Building Panels Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Global Building Panels Market by Material Type (Concrete, Plastic, Metal, Wood, Silica), Panel Type (Concrete Panels, Vacuum Insulated Panels (VIP), Structural Insulated Panels (SIP), Wood Panels), Application (Floors & Roofs, Walls, Columns & Beams, Staircases), End User (Residential, Commercial, Industrial) and Geography

 

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Report

Description

Building Panels Market size was valued at USD 215.6 billion in 2021 and is expected to grow at a CAGR of 6.3% from 2022-2028. 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 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.

 

Recent Key Development:

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

Building Panels Market

MARKET SUMMARY
-
6.3% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 6.3%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– Europe

Building Panels Market

  • The building panels market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The building panels market is segmented based on material type, panel type, application, end user and geography.
Key Players
  • Nexii (Canada)
  • Lafarge (France),
  • Panasonic Corporation (Japan),
  • Saint-Gobain (France),
  • Evonik Industries AG (Germany),
Building Panels Market

Drivers and Restraints

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

Asia-Pacific got significant share

Building Panels Market

Asia Pacific market is expected to witness highest market share during the forecast period. This is mainly due to emerging economies in China, Japan, and India, coupled with growing applications of building panels in the residential and non-residential construction industry.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Building Panels Market Segmentation

segmentation-block-image

by Material Type

    • Concrete,
    • Plastic,
    • Metal,
    • Wood,
    • Silica
segmentation-block-image

Panel Type

    • Concrete Panels,
    • Vacuum Insulated Panels (VIP),
    • Structural Insulated Panels (SIP),
    • Wood Panels
segmentation-block-image

By End User

    • Residential,
    • Commercial,
    • Industrial
Location

GEOGRAPHY

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

Report

Table Of Content

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, 2017-2021 and Forecast, 2022-2028
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
5.1. Concrete
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
6.1. Concrete Panels
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
7.1. Floors & Roofs
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
8.1. Residential
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
9.1. North America
9.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2017-2021 and Forecast, 2022-2028 ((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, 2022-2028
10. North America Building Panels Market Analysis, 2017-2021 and Forecast, 2022-2028 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
10.1. Material Type Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
10.7. North America Building Panels Market Dynamics – Trends
11. Europe Building Panels Market Analysis, 2017-2021 and Forecast, 2022-2028 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
11.1. Material Type Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
11.7. Europe Building Panels Market Dynamics – Trends
12. Asia-Pacific Building Panels Market Analysis, 2017-2021 and Forecast, 2022-2028 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
12.1. Material Type Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
12.7. Asia-Pacific Building Panels Market Dynamics – Trends
13. Latin America Building Panels Market Analysis, 2017-2021 and Forecast, 2022-2028 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
13.1. Material Type Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
13.7. Latin America Building Panels Market Dynamics – Trends
14. Middle East and Africa Building Panels Market Analysis, 2017-2021 and Forecast, 2022-2028 ((Revenue, USD Mn) and Volume (Mn Sq.ft))
14.1. Material Type Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
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
Report

Company Profile

  • 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.)

Description

Building Panels Market size was valued at USD 215.6 billion in 2021 and is expected to grow at a CAGR of 6.3% from 2022-2028. 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 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.

 

Recent Key Development:

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

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