DUBLIN, April 29, 2022--(BUSINESS WIRE)--The "Building Panels Market Research Report by Type (Concrete Panels, Metal Panels, and Structural Insulated Panels), Raw Material, End User, Application, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Building Panels Market size was estimated at USD 167.79 billion in 2021, USD 175.13 billion in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 4.47% to reach USD 218.24 billion by 2027.
In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.
The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.
Cumulative Impact of 2022 Russia Ukraine Conflict:
We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States.
This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.
This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Building Panels market considering the current update on the conflict and its global response.
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects.
It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others.
Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Increasing population reflect a surge in residential construction activities
Rapid urbanization and increase in commercial infrastructure
Demand for efficient, quality construction at lower cost
Stringent regulation for building material
Emergence of green and energy-saving building materials
Increasing construction sector investment in emerging markets
Cumulative Impact of 2022 Russia Ukraine Conflict
Compagnie de Saint-Gobain S.A.
Nippon Steel & Sumitomo Metal Corporation
For more information about this report visit https://www.researchandmarkets.com/r/h8uqds
View source version on businesswire.com: https://www.businesswire.com/news/home/20220429005286/en/
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