Global Building Panels Strategic Industry Report 2023-2030: Rising Global Population Propels Demand for Quick Solution to Affordable Housing

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Dec 11, 2023, 19:00 ET

DUBLIN, Dec. 11, 2023 /PRNewswire/ -- The "Building Panels - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Building Panels Market to Reach $260.7 Billion by 2030

The global market for Building Panels estimated at US$167.9 Billion in the year 2022, is projected to reach a revised size of US$260.7 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-2030. Residential, one of the segments analyzed in the report, is projected to record 5.9% CAGR and reach US$166.6 Billion by the end of the analysis period. Growth in the Non-Residential segment is estimated at 5.2% CAGR for the next 8-year period.

The report on building panels provides an overview of the global market, beginning with a focus on the impact of the pandemic on the US construction industry. It highlights building panels as crucial components that enable the construction of energy-efficient structures. Concrete panels are emphasized for their robustness and weather-resistant qualities. Vacuum Insulated Panels (VIP) and Structural Insulated Panels (SIP) are discussed as innovative options. Wood panels are also highlighted for their versatility in various applications.

The report anticipates significant growth in the building panels market, driven by a boom in construction activity. The analysis is categorized by application, with a breakdown of sales between residential and non-residential sectors. End-use analysis is provided, focusing on applications in floors & roofs, walls, columns & beams, and staircases.

The competitive scenario is presented, including the global key competitors' percentage market share in 2022. The report assesses competitive market presence, categorizing players as strong, active, niche, or trivial on a worldwide scale. Recent market activity is summarized, highlighting the latest developments in the industry.

The U.S. Market is Estimated at $27.1 Billion, While China is Forecast to Grow at 7% CAGR

Regional analysis offers insights into sales distribution between developed and developing regions. Geographic regions are ranked by CAGR for sales value from 2020 to 2027, including China, Asia-Pacific, Latin America, the Middle East, Africa, USA, Canada, Europe, and Japan.

The Building Panels market in the U.S. is estimated at US$27.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$67.2 Billion by the year 2030 trailing a CAGR of 7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET TRENDS & DRIVERS

Recovery in Global Construction Sector to Post Gains in Long Term
World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
Global Value of Megacity Construction Projects (US$ Billion) in 2019
Trends in the Construction Industry Influence Market Uptake
Building Renovations & Remodeling: Prominent Revenue Generating Vertical
Global Remodeling Market in US$ Trillion for the Years 2017, 2019, 2021, 2023 and 2025
Lucrative Opportunities in Emerging Economies
The 'Green Construction' Trend Augurs Well for the Panels Market
Green Buildings Market (2021): Percentage Share Breakdown of Revenues by Construction Sector
Global Energy Consumption by Sector (2019)
Leading Factors Fostering Future Uptake of Green Building Practices among Contractors in North America: Ranked by Order of Importance
Green Panelized Housing Benefits from the 'Go Green' Trend
Green & Energy-Efficient Building Activity Remains Tower of Strength for Structural Insulated Panel Market
Green Building & Cold Storage Applications Enable Structural Insulated Panel Market to Exhibit Decent Growth
Rising Global Population Propels Demand for Quick Solution to Affordable Housing
World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
Top Countries Worldwide in Terms of Population in Millions for the Years 1990, 2019 and 2050
Urbanization: Major Growth Driver
World Urban Population in Thousands: 1950-2050
Expansion in Middle Class Population Augurs Well for Future Growth
Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
Robust Gains across Residential & Non-Residential Construction
Non-Residential Sector Benefits from Building Panel Systems
Concrete and Structural Insulated Panels: Key Market Segments
Wide Spectrum of Applications Sets Strong Foundation for Vacuum Insulation Panels Market
Fiberglass Panels to Post Robust Volume Growth
Metal Roofing Systems Sense Robust Opportunities
Factors Adding Dynamism to the Market
Select Product Innovations and Trends Influencing the Market

FOCUS ON SELECT PLAYERS (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.

For more information about this report visit https://www.researchandmarkets.com/r/tpz7q3

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