The Building Panels Materials Market growth outlook with industry review and forecasts

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Building Panels Materials Market Price, Trends,
Industry Outlook Forecast 2017-2024
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Global Market Scenario of Building Panels
Materials Industry

• Building Panels Materials Market size will
  witness considerable growth in the forecast
  period owing to increasing demand in construction
  industry. Rise scope in retail sector and
  commercial spaces are major driver for product
  demand. Growth in retail sector has increased at
  over 3.5 in 2016 as compared to 2015.
• Use of construction ingredients depends on its
  end use and may vary with different application
  as floor, walls and stair cases.
• Eco friendly substances include tire shreds,
  cardboards, sawdust, styrofoam and waste papers
  have emerged as cost effective solution and
  reduces labour requirement. The building panels
  materials cost is high as compared to tradition
  construction materials.
• Based on product, building panels materials
  market is segmented into concrete, vacuum
  insulated, structural insulated and wood panels.
  Concrete type has major market share along with
  application in wall, roof and floor.

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• These are cost effective and provide rugged and
  durable surface. Roof and floor have major usage
  as it avoids unnecessary shuttering. Vacuum and
  structural insulated material will witness
  healthy growth with increase in energy efficient
  infrastructures.
• Reasons to Buy This Report
• 1. Building Panels Materials Market size
  share forecast by product application,
  2017-2024
• 2. Growth drivers, pitfalls industry
  challenges
• 3. Key Building Panels Materials Market
  growth opportunities emerging business models
• 4. Competitive benchmarking with market
  share analysis and company profiles
• Surge in global population has augmented building
  and supporting infrastructure construction. Trend
  of using industrial waste for manufacturing of
  panels has improved its demand.
• These are light in weight, economical and
  appropriate solution for land fill problems.
  Lower labour requirements and increasing
  purchasing power are expected to drive building
  panels materials market during forecast period.

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Research Methodology
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Regional Insights

• Asia Pacific has substantial share in global
  building panels materials market with emerging
  economies countries India and China. Rising
  disposable income and urbanization have enhanced
  the industry growth. Middle East and Africa has
  moderate share with advanced construction
  industries and presence of sky scrapers including
  Burj Kahlifa, Burj Al Arab, Rose Tower and Cayan
  Tower.
• North America led by the U.S has significant
  share in building panels materials market owing
  to stringent government regulations for energy
  conservation and environment concern.
• Europe follows trend of North America with
  presence of well-established and flourishing
  automobile industry with big players such as Audi
  and Volkswagen that employ panels in showrooms.
  Further, European regulation as Energy Saving
  Regulation (EnEV) will support use of insulated
  panels in infrastructures.

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Competitive Insights

• Building panels materials market is quite
  fragmented with presence of both global and local
  players. Prominent players are
• Nippon Steel Sumitomo metals, Saint Gobain,
  Huntsman, Panasonic and Evonik Industries. Other
  key players include Boral, CRH, DOW Corning,
  Kingspan, Armstrong World Industries, Lafarge,
  ATAS International and IMETCO. Companies
  including Huntsman and Evonik Indutries are
  working in forward integration to enhance their
  market share.

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