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Building Panels Global Market to Reach $260.7 Billion by 2030: Green Panelized Housing Benefits from the ‘Go Green’ Trend

Building Panels Global Market to Reach $260.7 Billion by 2030: Green Panelized Housing Benefits from the ‘Go Green’ Trend
PR Newswire
DUBLIN, Feb. 23, 2023

DUBLIN, Feb. 23, 2023 /PRNewswire/ — The “Building Panels: Global Strategic Business Report…

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7 months ago

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Building Panels Global Market to Reach $260.7 Billion by 2030: Green Panelized Housing Benefits from the 'Go Green' Trend

PR Newswire

DUBLIN, Feb. 23, 2023

DUBLIN, Feb. 23, 2023 /PRNewswire/ -- The "Building Panels: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.


The global market for Building Panels estimated at US$167.9 Billion in the year 2022, is projected to reach a revised size of US$260.7 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-2030.

Residential, one of the segments analyzed in the report, is projected to record 5.9% CAGR and reach US$166.6 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Non-Residential segment is readjusted to a revised 5.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $27.1 Billion, While China is Forecast to Grow at 7% CAGR

The Building Panels market in the U.S. is estimated at US$27.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$67.2 Billion by the year 2030 trailing a CAGR of 7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

Select Competitors (Total 82 Featured) -

  • Alubel SpA
  • ArcelorMittal S.A.
  • Armstrong World Industries, Inc.
  • Boral Building Products, Inc.
  • Building Materials and Construction Solutions
  • Dow Inc.
  • Evonik Industries AG
  • Fletcher Building Limited
  • Huntsman International LLC.
  • Jiangsu Jingxue Insulation Technology Co. Ltd.
  • Kingspan Group
  • Lafarge
  • LG Hausys Ltd.
  • Marcegaglia SpA
  • Metecno Group
  • Mueller Inc.
  • Nippon Steel Corporation
  • Oldcastle Infrastructure Inc.
  • Owens Corning
  • Panasonic Corporation
  • PFB Corporation
  • Saint-Gobain

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Building Panels - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Impact of COVID 19 on the Construction Industry
  • Pandemic Effect on the US Construction Industry
  • Building Panels: Enabling Energy-Efficient, Real Castles on Ground
  • Concrete Panels: Robust & Weather-Resistant Structural Components
  • Vacuum Insulated Panels (VIP)
  • Structural Insulated Panels (SIP)
  • Wood Panels: Enabling Standard & Specialized Applications
  • Building Panels Market to Scale Towering Heights with Anticipated Boom in Construction Activity
  • Analysis by Application
  • World Building Panels Market by Application (2021 & 2027): Percentage Breakdown of Sales for Residential and Non-Residential
  • Analysis by End-Use
  • World Building Panels Market by End-Use (2021 & 2027): Percentage Breakdown of Sales for Floors & Roofs, Walls, Columns & Beams, and Staircase
  • Regional Analysis
  • World Building Panels Market by Region: Percentage Breakdown of Sales for Developed and Developing Regions (2021 & 2027)
  • World Building Panels Market - Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Canada, Europe, and Japan
  • Competitive Scenario
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Recovery in Global Construction Sector to Post Gains in Long Term
  • World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
  • Global Value of Megacity Construction Projects (US$ Billion) in 2019
  • Trends in the Construction Industry Influence Market Uptake
  • Building Renovations & Remodeling: Prominent Revenue Generating Vertical
  • Global Remodeling Market in US$ Trillion for the Years 2017, 2019, 2021, 2023 and 2025
  • Lucrative Opportunities in Emerging Economies
  • The 'Green Construction' Trend Augurs Well for the Panels Market
  • Green Buildings Market (2021): Percentage Share Breakdown of Revenues by Construction Sector
  • Global Energy Consumption by Sector (2019)
  • Leading Factors Fostering Future Uptake of Green Building Practices among Contractors in North America: Ranked by Order of Importance
  • Green Panelized Housing Benefits from the 'Go Green' Trend
  • Green & Energy-Efficient Building Activity Remains Tower of Strength for Structural Insulated Panel Market
  • Green Building & Cold Storage Applications Enable Structural Insulated Panel Market to Exhibit Decent Growth
  • Rising Global Population Propels Demand for Quick Solution to Affordable Housing
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Top Countries Worldwide in Terms of Population in Millions for the Years 1990, 2019 and 2050
  • Urbanization: Major Growth Driver
  • World Urban Population in Thousands: 1950-2050
  • Expansion in Middle Class Population Augurs Well for Future Growth
  • Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
  • Robust Gains across Residential & Non-Residential Construction
  • Non-Residential Sector Benefits from Building Panel Systems
  • Concrete and Structural Insulated Panels: Key Market Segments
  • Wide Spectrum of Applications Sets Strong Foundation for Vacuum Insulation Panels Market
  • Fiberglass Panels to Post Robust Volume Growth
  • Metal Roofing Systems Sense Robust Opportunities
  • Factors Adding Dynamism to the Market
  • Select Product Innovations and Trends Influencing the Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/jlze1o-panels?w=5

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs

The deal was first finalized in August, with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner.
Cryptocurrency…

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32 mins ago

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September 22, 2023

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The deal was first finalized in August, with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner.

Cryptocurrency mining hardware maker Bitmain and bankrupt crytpto mining firm Core Scientific have agreed on a combination of equity and cash to finalize the deal on the expansion of mining facilities.  

The deal between the two mining companies will see Bitmain supply 27,000 Bitcoin (BTC) mining rigs for $23 million in cash along with $53.9 million worth of common stock of the bankrupt firm. Apart from the mining hardware purchase deal, Bitmain and Core Scientific have signed a new hosting arrangement to assist Bitmain's mining operations.

The deal was finalized earlier last month when a court filing highlighted Bitmain’s plan to sell mining hardware in exchange for cash and equity as part of Core Scientific’s restructuring plan. Apart from Bitmain, the restructuring plan also included Anchorage, BlockFi and Mass Mutual Asset Finance. Apart from Anchorage, all other three firms chose a mix of cash and equity options to settle their claims.

Related: Core Scientific appoints Adam Sullivan as CEO amid restructuring process

The expansion and investment plan by Bitmain will come into force by the fourth quarter of this year pending approval from a judge slated for the final quarter. Once approved, the added hardware will potentially add 4.1 exahashes to Core Scinfitic’s hash rate. The two crypto mining focused companies have also agreed to work together to upgrade Bitmain’s last-generation miners hosted at Core Scientific’s data centres to increase the firm's productivity further.

Core Scientific filed for Chapter 11 bankruptcy in December 2022, citing the financial crisis and declining price of Bitcoin as the key reasons behind their decision. The firm started facing trouble in the weeks leading upto its eventual collapse in December owing to the market turmoil.

Magazine: Get your money back: The weird world of crypto litigation

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Bitcoin mining can help reduce up to 8% of global emissions: Study

The report highlighted that Bitcoin mining can convert wasted methane emissions into less harmful emissions.
A paper published by…

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32 mins ago

on

September 22, 2023

By

The report highlighted that Bitcoin mining can convert wasted methane emissions into less harmful emissions.

A paper published by the Institute of Risk Management (IRM) concluded that Bitcoin (BTC) has the potential to be a catalyst for a global energy transition. 

IRM Energy and Renewables Group members Dylan Campbell and Alexander Larsen published a report called “Bitcoin and the Energy Transition: From Risk to Opportunity.” The paper argued that while BTC was perceived as a risk because of its energy consumption, it can also become a catalyst for energy transition and could lead to new solutions for energy challenges across the globe.

Within the report, the authors also highlighted the important function of energy and the increasing need for reliable, clean and more affordable sources of energy. Despite the criticisms of Bitcoin's energy intensity, the study provided a more balanced view of Bitcoin by also showing the potential benefits that BTC can bring to the energy industry.

Amount of vented methane that can be used in Bitcoin mining. Source: IRM

According to the report, Bitcoin mining can reduce global emissions by up to 8% by 2030. This can be done by converting the world’s wasted methane emissions into less harmful emissions. The report cited a theoretical case saying that using captured methane to power Bitcoin mining operations can reduce the amount of methane vented into the atmosphere. 

Related: Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst

The paper also presented various other opportunities that allow Bitcoin to contribute to the energy sector. According to the report, Bitcoin can also contribute to energy efficiency through electricity grid management by using Bitcoin miners and transferring heat from miners to greenhouses.

“We have shown that while Bitcoin is a consumer of electricity, this does not translate to it being a high emitter of carbon dioxide and other atmospheric pollutants. Bitcoin can be the catalyst to a cleaner, more energy-abundant future for all,” the authors wrote.

Magazine: How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in

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FTX opens lawsuit against former employees of Hong Kong affiliate

The bankrupt crypto exchange FTX has opened a lawsuit against former employees of a Hong Kong affiliate company Salameda to recover $157.3 million.
…

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2 hours ago

on

September 22, 2023

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The bankrupt crypto exchange FTX has opened a lawsuit against former employees of a Hong Kong affiliate company Salameda to recover $157.3 million.

The defunct cryptocurrency exchange FTX filed a lawsuit on Sept. 21 against former employees of Hong Kong-incorporated company Salamde affiliated with the FTX group, according to court documents. 

The court filing says FTX seeks to recover $157.3 million that it claims was fraudulently withdrawn in the timespan leading up to the exchange filing for bankruptcy.

According to the filing, Michael Burgess, Matthew Burgess, Lesley Burgess - the mother of Michael and Matthew, Kevin Nguyen and Darren Wong, along with two companies allegedly had ownership of companies with registered accounts and FTX.com and FTX US and were able to withdraw funds in the “preference period” prior to the actual bankruptcy filing.

The court filing reads:

“Each of these transfers to Defendant Michael Burgess was made with the intent to hinder, delay or defraud FTX US’s present or future creditors.”

It continues to point out that these transfers were completed hours prior to FTX halting all non-fiat user withdrawals on Nov. 8, 2022.

The allegations include that Mathew Burgess pressured FTX employees to “push out” particular pending withdrawal requisitions “from one of Michael Burgess’s FTX US exchange accounts, while misrepresenting the account to be his own.” It cited messages on the Slack application.

Related: Binance and CEO Changpeng Zhao ask court to dismiss SEC suit

This development comes as Sam Bankman-Fried (SBF), the former FTX CEO, sits in jail awaiting the first of his two-part trial, which is set to begin on Oct. 3, 2023. The second trail is anticipated for March 2024. 

On Sept. 21 judges decided against granting SBF early release from jail. He argued he couldn’t adequately prepare for trial from jail and said it violated his First Amendment Rights under the United States constitution.

However, on the same day, Judge Lewis Kaplan granted a motion proposed by the Department of Justice (DOJ) that bars testimony of SBF’s key witnesses.

Magazine: How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in

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