Building panels may refer to as buildings in a structural insulated panels or pre-fabricated concrete blocks which are used to build the external and internal features of a building. With increasing population, there is a surge in construction activities in the public utility segment. This is ultimately driving the building panels market. Also reduced power, less need of labor, and reduced time consumption are also key drivers of the global building panel market. However strict government regulation on the use of certain chemicals hampers the growth of building panels market.
Thus the Building Panels market is expected to register a CAGR of about 6%.
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Global Building Panels Market Segmented on the basis of
By Panel Type
- Structural Insulated
- Vacuum Insulated
By End Use
- Floors & Roofs
- Columns & Beams
- North America
- Rest of the World
The leading players in the Building Panels markets are
- Panasonic Corporation,
- CRH Plc.,
- Evonik Industries AG,
- Huntsman International LLC.,
- Dow Corning Corporation,
- Fletcher Building Limited,
- Atlas international
- Boral Limited.
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- Building Panels manufacturers
- Distributer & Supplier companies
- consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
Regional Analysis of Building Panels Market
Asia-Pacific region dominated the Global building panels market, because of increasing industrialization & urbanization activities and rising need of housing with increasing population. This region will grow at fastest pace in forecast period. APAC region followed by the European and North American region.
Study Objectives of Building Panels Market
- To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Building Panels Market
- To provide insights about factors affecting the market growth
- To Analyze the Global Building Panels Market based on various factors such as supply chain analysis, and Porter’s five force analysis
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