- Concrete,
- Plastic,
- Metal,
- Wood,
- Silica
Building Panels Market size was valued at USD 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.
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
Asia-Pacific got significant share
Building Panels Market Regional Analysis
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
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- 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 their 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
Global Building Panels Market Segmentation
By Material Type
By Panel Type
- Concrete Panels,
- Vacuum Insulated Panels (VIP),
- Structural Insulated Panels (SIP),
- Wood Panels
By End User
- Residential,
- Commercial,
- Industrial
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
| 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 |
- 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.)