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Lucintel Forecasts The Global Building Panel Market To Reach $368 Billion By 2035
According to a market report by Lucintel, the future of the global building panel market looks promising with opportunities in the residential and non-residential markets. The global building panel market is expected to reach an estimated $368 billion by 2035 with a CAGR of 3.5% from 2025 to 2035. The major drivers for this market are the rising focus on sustainable & eco-friendly materials, the increasing adoption of prefabricated & modular construction methods, and the growing awareness of fire-resistant building solutions.
A more than 150-page report to understand trends, opportunity and forecast in global building panel market to 2035 by panel type (concrete panels, vacuum insulated panels (VIP), structural insulated panels (SIP), and wood panels), application (floors & roofs, walls, columns & beams, and staircases), end use (residential and non-residential), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the panel type category, structural insulated panel (SIP) is expected to witness higher growth over the forecast period.
Within ...
... the end use category, non-residential is expected to witness the highest growth.
Download sample by clicking on building panel market.
In terms of region, APAC is expected to witness the highest growth over the forecast period.
Panasonic Corporation, Saint-Gobain, Nippon Steel & Sumitomo Metal Corporation, CRH PLC, Lafarge, Evonik Industries AG, Huntsman International LLC are the major suppliers in the building panel market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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