The global market for Building Panels is estimated at US$177.1 Billion in 2023 and is projected to reach US$260.7 Billion by 2030, growing at a CAGR of 5.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the building panels market is driven by several factors, including increased urbanization, stringent building regulations related to energy efficiency, and technological innovations in construction. As urban areas expand, the demand for rapid construction techniques that minimize disruption is crucial, and building panels meet this need effectively. Stringent global standards for energy efficiency in buildings compel the construction industry to adopt high-performance solutions like insulated building panels that help in reducing energy consumption and carbon emissions. Technologically, advancements in digital tools and fabrication methods allow for high precision in the production of customized panels, which facilitates their adoption in diverse architectural designs. Additionally, changing consumer behavior towards sustainable living and green building practices supports the demand for environmentally friendly building materials, further stimulating market growth. These factors collectively ensure sustained interest and investment in the development and refinement of building panels.
The growth in the building panels market is driven by several factors, including increased urbanization, stringent building regulations related to energy efficiency, and technological innovations in construction. As urban areas expand, the demand for rapid construction techniques that minimize disruption is crucial, and building panels meet this need effectively. Stringent global standards for energy efficiency in buildings compel the construction industry to adopt high-performance solutions like insulated building panels that help in reducing energy consumption and carbon emissions. Technologically, advancements in digital tools and fabrication methods allow for high precision in the production of customized panels, which facilitates their adoption in diverse architectural designs. Additionally, changing consumer behavior towards sustainable living and green building practices supports the demand for environmentally friendly building materials, further stimulating market growth. These factors collectively ensure sustained interest and investment in the development and refinement of building panels.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Residential Application segment, which is expected to reach US$166.6 Billion by 2030 with a CAGR of a 5.9%. The Non-Residential Application segment is also set to grow at 5.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $28.4 Billion in 2023, and China, forecasted to grow at an impressive 7.0% CAGR to reach $67.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Building Panels Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Building Panels Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Building Panels Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Armstrong World Industries, Inc., Atlas Engineered Products Ltd., Arpa Industriale SpA, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 82 Featured):
- Armstrong World Industries, Inc.
- Atlas Engineered Products Ltd.
- Arpa Industriale SpA
- Apex Steel Pty., Ltd.
- ABC Supply Co., Inc.
- Aluminum Coil Anodizing Corp. (ACA)
- Allied Steel Buildings, Inc.
- Advenira Enterprises, Inc.
- Atlas International Inc.
- Asc Profiles, Inc.
- AbTech, Inc
- Architectural Cladding Australia Pty Limited
- A.E. Concrete Precast Products Limited
- 3D Laminates Ltd
- AKW Medi-Care Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Armstrong World Industries, Inc.
- Atlas Engineered Products Ltd.
- Arpa Industriale SpA
- Apex Steel Pty., Ltd.
- ABC Supply Co., Inc.
- Aluminum Coil Anodizing Corp. (ACA)
- Allied Steel Buildings, Inc.
- Advenira Enterprises, Inc.
- Atlas International Inc.
- Asc Profiles, Inc.
- AbTech, Inc
- Architectural Cladding Australia Pty Limited
- A.E. Concrete Precast Products Limited
- 3D Laminates Ltd
- AKW Medi-Care Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 478 |
| Published | December 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 177.1 Billion |
| Forecasted Market Value ( USD | $ 260.7 Billion |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
