Building Panel Market: Trends, Opportunities and Competitive Analysis

Trends, opportunities, and forecast in building panel market to 2027 by end use, (residential and commercial), panel type (concrete panels, vacuum insulated panels (VIP), structural insulated panels (SIP), and wood panels), material type (concrete, plastic, metal, wood, and silica), application (floors & roofs, walls, columns & beams, and staircases), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Publisher: Lucintel

Publication date: July 2022

Global Building Panel Market Trends and Forecast
The future of the global building panel market looks promising with opportunities in the commercial and residential sectors. The global building panel market is expected to reach an estimated $266.3 billion by 2027, and it is forecast to grow at a CAGR of 4% from 2022 to 2027. The major drivers for this market are increasing new construction, renovation activities, and rising consumer spending on home improvement.

Building Panel Market by Panel, Material, Application, and End Use

Emerging Trends in Global Building Panel Market
Emerging trends, which have a direct impact on the dynamics of the building panel industry, include increasing use high pressure laminates (HPLs), growing adoption of gypsum panel, and increasing demand for structural insulated panels (SIPs) in construction.
A total of 73 figures / charts and 105 tables are provided in this 214-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of medical device market in the healthcare industry report download the report brochure. Growth in various segments of the building panel market are given below:

Building Panel Market by Segment
In this market, concrete is the largest material market, whereas residential is largest market by end use.
The study includes trends and forecast for the global building panel market by panel type, material type, application, end use, and region, as follows:
Building Panel Market by Panel Type [$B shipment analysis from 2016 to 2027]:

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

Building Panel Market by Material Type [$B shipment analysis from 2016 to 2027]:

Building Panel Market by Application [$B shipment analysis from 2016 to 2027]:

Floors & Roofs
Walls
Columns & Beams
Staircases

Building Panel Market by End Use [$B shipment analysis from 2016 to 2027]:

Residential
Non-Residential

Building Panel Market by Region [$B shipment analysis from 2016 to 2027]:

North America
- United States
- Canada
- Mexico
Europe
- Germany
- France
- United Kingdom
- Russia
- Italy
- Spain
APAC
- Japan
- China
- India
ROW
- Brazil

List of Building Panel Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, building panel companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the building panel companies profiled in this report include-

Building Panel Market Insights

Lucintel forecasts that concrete building panels will remain the largest segment over the forecast period as they consume much less time and effort for installation.
Within the global building panel market, residential and non-residential are the major end use segments. Residential will remain the largest segment over the forecast period due to the increasing residential construction in emerging nations.
APAC will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to growing population and increasing construction activities in this region.

Features of the Global Building Panel Market

Market Size Estimates: Building panel market size estimation in terms of value ($B) shipment.
Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by segment and region.
Segmentation Analysis: Building panel market size by panel type, material type, application, end use, and region.
Regional Analysis: Building panel market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth Opportunities: Analysis on growth opportunities in different applications, materials, panel types, end use, and regions for building panel market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape for building panel in the global building panel market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ
Q1. What is the building panel market size?
Answer: The global building panel market is expected to reach an estimated $266.3 billion by 2027.
Q2. What is the growth forecast for building panel market?
Answer: The building panel market is expected to grow at a CAGR of ~4% from 2022 to 2027.
Q3. What are the major drivers influencing the growth of the building panel market?
Answer: The major drivers for this market are increasing new construction, renovation activities, and rising consumer spending on home improvement.
Q4. What are the major applications or end use industries for building panels?
Answer: Residential and non-residential are the major end use for building panels.
Q5. What are the emerging trends in the building panel market?
Answer: Emerging trends, which have a direct impact on the dynamics of the building panel industry, include increasing use of high pressure laminates (HPLs), growing adoption of gypsum panels, and increasing demand for structural insulated panels (SIPs) in construction.
Q6. Who are the key building panel companies?
Answer: Some of the key building panel companies are as follows:

Panasonic Corporation
Saint-Gobain
Nippon Steel & Sumitomo Metal Corporation
CRH PLC
Lafarge

Q7.Which will be the largest building panel type segment in future?
Answer: Lucintel forecasts that concrete building panels will remain the largest segment over the forecast period as they consume much less time and effort for installation.
Q8: In building panel market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region and it is also expected to witness the highest growth over the next five years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report addresses the following key questions
Q. 1. What are some of the most promising, high growth opportunities for the global building panel market by end use, (residential and commercial), by panel type (concrete panels, vacuum insulated panels (VIP), structural insulated panels (SIP), and wood panels), by material type (concrete, plastic, metal, wood, and silica), by application (floors & roofs, walls, columns & beams, and staircases), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2. Which product segment will grow at a faster pace and why?
Q. 3. Which region will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers,
challenges, and business risks in this market?
Q.5.What are the business risks and competitive threats in this market?
Q.6.What are the emerging trends in this market and the reasons behind them?
Q.7.What are some of the changing demands of customers in the market?
Q.8.What are the new developments in the market and which companies are leading
these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being taken
by key companies for business growth?
Q.10.What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q. 11. What M&A activity did occurred in the last five years?

For any questions related to building panel market or related to building panel market share, building panel market analysis, and building panel market size, write to Lucintel analysts at helpdesk@lucintel.com. We will be glad to get back to you soon.

Table of Contents

1. Executive Summary

2. Market Background and Classifications

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2016 to 2027

3.1: Macroeconomic Trends (2016-2021) and Forecast (2022-2027)
3.2: Global Building Panel Market Trends (2016-2021) and Forecast (2022-2027)
3.3: Global Building Panel Market by Panel Type

3.3.1: Concrete Panels
3.3.2: Vacuum Insulated Panels (VIP)
3.3.3: Structural Insulated Panels (SIP)
3.3.4: Wood Panels

3.4: Global Building Panel Market by Material

3.4.1: Concrete
3.4.2: Plastic
3.4.3: Metal
3.4.4: Wood
3.4.5: Silica

3.5: Global Building Panel Market by Application

3.5.1: Floors & Roofs
3.5.2: Walls
3.5.3: Columns & Beams

3.5.4: Staircases

3.6: Global Building Panel Market by End Use

3.6.1: Residential
3.6.2: Non-Residential

4. Market Trends and Forecast Analysis from 2016 to 2027 by Region

4.1: Global Building Panel Market by Region
4.2: North American Building Panel Market

4.2.1: Market by Panel Type: Concrete Panels, Vacuum Insulated Panels (VIP), Structural Insulated Panels (SIP), and Wood Panels
4.2.2: Market by Material: Concrete, Plastic, Metal, Wood, and Silica
4.2.3: Market by Application: Floors & Roofs, Walls, Columns & Beams, and Stairecases
4.2.4: Market by End Use: Residential and Non-Residential
4.2.5: The United States Building Panel Market
4.2.6: The Canadian Building Panel Market
4.2.7: The Mexican Building Panel Market

4.3: European Building Panel Market

4.3.1: Market by Panel Type: Concrete Panels, Vacuum Insulated Panels (VIP), Structural Insulated Panels (SIP), and Wood Panels
4.3.2: Market by Material: Concrete, Plastic, Metal, Wood, and Silica
4.3.3: Market by Application: Floors & Roofs, Walls, Columns & Beams, and Stairecases
4.3.4: Market by End Use: Residential and Non-Residential
4.3.5: The German Building Panel Market
4.3.6: The French Building Panel Market
4.3.7: Building Panel Market of the United Kingdom
4.3.8: Russian Building Panel Market
4.3.9: Spanish Building Panel Market
4.3.10: Italian Building Panel Market

4.4: APAC Building Panel Market

4.4.1: Market by Panel Type: Concrete Panels, Vacuum Insulated Panels (VIP), Structural Insulated Panels (SIP), and Wood Panels
4.4.2: Market by Material: Concrete, Plastic, Metal, Wood, and Silica
4.4.3: Market by Application: Floors & Roofs, Walls, Columns & Beams, and Stairecases
4.4.4: Market by End Use: Residential and Non-Residential
4.4.5: Chinese Building Panel Market
4.4.6: Japanese Building Panel Market
4.4.7: Indian Building Panel Market

4.5: ROW Building Panel Market

4.5.1: Market by Panel Type: Concrete Panels, Vacuum Insulated Panels (VIP), Structural Insulated Panels (SIP), and Wood Panels
4.5.2: Market by Material: Concrete, Plastic, Metal, Wood, and Silica
4.5.3: Market by Application: Floors & Roofs, Walls, Columns & Beams, and Stairecases
4.5.4: Market by End Use: Residential and Non-Residential
4.5.5: Brazilian Building Panel Market

5. Competitor Analysis

5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. Cost Structure Analysis

6.1: Cost of Goods Sold
6.2: SG&A
6.3: EBITDA Margin

7. Growth Opportunities and Strategic Analysis

7.1: Growth Opportunity Analysis

7.1.1: Growth Opportunities for the Global Building Panel Market by Panel Type
7.1.2: Growth Opportunities for the Global Building Panel Market by Material
7.1.3: Growth Opportunities for the Global Building Panel Market by Application
7.1.4: Growth Opportunities for the Global Building Panel Market by End Use
7.1.5: Growth Opportunities for the Global Building Panel Market by Region

7.2: Emerging Trends in the Global Building Panel Market
7.3: Strategic Analysis

7.3.1: New Product Development
7.3.2: Capacity Expansion of the Global Building Panel Market
7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Building Panel Market

8. Company Profiles of Leading Players

8.1: Panasonic Corporation
8.2: Saint-Gobain
8.3: Nippon Steel & Sumitomo Metal Corporation
8.4: CRH PLC
8.5: Lafarge
8.6: Evonik Industries AG
8.7: Huntsman International LLC
8.8: Dow Corning Corporation

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73 figures/charts and 105 tables are provided in this 214 - page report

Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:

In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.

Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the building panel market. The product manufacturers are Panasonic Corporation, Saint-Gobain, Nippon Steel and Sumitomo Metal Corporation, CRH PLC, and Lafarge.

Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.

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