The Building Panels Market is expected to grow from US$200.496 billion in 2025 to US$247.766 billion in 2030, at a CAGR of 4.32%.
Building Panels are used to build external and internal features of a building mainly to provide insulation. Besides reducing temperature fluctuations within the building, it provides several added advantages as it results in swifter construction, are aesthetically pleasing and has low maintenance requirements. These panels of different material types and sizes are used according to the requirement. The market for building panels is expected to grow at a significant rate driven by the growth in the construction industry and the application of technological advancements in the construction of buildings. However stringent government regulations regarding the use of certain chemicals and materials is expected to be a restraint for market growth.
By type, structural insulated panel (SIP) is expected to have a significant market share due to the growing demand for insulated panels for commercial buildings and cold storage among others. By geography, the Asia-Pacific region is estimated to have a considerable growth rate driven by growth in construction activities.
Building Panels are used to build external and internal features of a building mainly to provide insulation. Besides reducing temperature fluctuations within the building, it provides several added advantages as it results in swifter construction, are aesthetically pleasing and has low maintenance requirements. These panels of different material types and sizes are used according to the requirement. The market for building panels is expected to grow at a significant rate driven by the growth in the construction industry and the application of technological advancements in the construction of buildings. However stringent government regulations regarding the use of certain chemicals and materials is expected to be a restraint for market growth.
By type, structural insulated panel (SIP) is expected to have a significant market share due to the growing demand for insulated panels for commercial buildings and cold storage among others. By geography, the Asia-Pacific region is estimated to have a considerable growth rate driven by growth in construction activities.
Building Panels Market Drivers
- Growth in the construction industry
- Growing demand for the latest construction technology
Building Panels Market Restraint
- Stringent government regulations with regard to building material
MARKET SEGMENTATION
The building panels market has been analyzed through the following segments:
By Type
- Structural Insulated Panel
- Vacuum Insulated Panel
- Wood panel
- Others
By Core Material
- Expanded Polystyrene (EPS)
- Rigid Polyurethane (PUR)
- Rigid Polyisocyanurate (PIR)
- Glass wool
- Extruded Polystyrene
- Other
By Application
- Roof panel
- Wall panel
- Others
- By Geography
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Table of Contents
1. EXECUTIVE SUMMARY4. TECHNOLOGICAL OUTLOOK
2. MARKET SNAPSHOT
3. BUSINESS LANDSCAPE
5. BUILDING PANELS MARKET BY TYPE
6. BUILDING PANELS MARKET BY CORE MATERIAL
7. BUILDING PANELS MARKET BY APPLICATION
8. BUILDING PANELS MARKET BY GEOGRAPHY
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
10. COMPANY PROFILES
11. APPENDIX
Companies Mentioned
- Alubel SpA
- ArcelorMittal
- BALEX-METAL
- Manni Group SpA
- Italpannelli SRL
- Kingspan Group
- Marcegaglia SpA
- Metecno
- Multicolor Steels (India) Pvt Ltd
- Cornerstone Building Brands
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | May 2025 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value ( USD | $ 200.5 Billion |
| Forecasted Market Value ( USD | $ 247.77 Billion |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
