Global Building Panels Industry

Global Building Panels Industry

  • October 2019 •
  • 356 pages •
  • Report ID: 5798077 •
  • Format: PDF
Building Panels market worldwide is projected to grow by US$91.6 Billion, driven by a compounded growth of 5.9%. Concrete Panels, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$99.5 Billion by the year 2025, Concrete Panels will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$3.2 Billion to the region’s size and clout in the next 5 to 6 years. Over US$2.8 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Concrete Panels will reach a market size of US$4.6 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.7% over the next couple of years and add approximately US$24.6 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Armstrong World Industries, Inc.; Atas International, Inc.; BMC Stock Holdings, Inc.; Boral Ltd.; CRH PLC; DowDupont Inc.; Evonik Industries AG; Fletcher Building Limited; Huntsman International LLC; Innovative Metals Company, Inc.; Kingspan Group PLC; Lafarge Precast Edmonton; LG Hausys Ltd.; Mueller, Inc.; Nippon Steel & Sumitomo Metal Corporation; OCI Co., Ltd.; Panasonic Corporation; Red Sea Housing Services; Saint-Gobain; The Murus Company, Inc.