Portland, OR -- (SBWIRE) -- 09/27/2017 -- Building panels are the walls or the verticals in the building or a structure to create a partition. These panels or verticals are built out of different materials such as concrete, wood, and others. Insulated building panels are insulated and provide high resistance, fire protection, and others. The building panels can be used in walls and also on the roofs.
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Factors such as rapid development in the construction technology, building systems, and rising demand in the residential and commercial sectors are responsible for the growth of the market. Demand for new construction and transportation facilities also drive the market. Moreover, rise in population and growth in disposable income of consumers in emerging economies, in turn, increase the application of construction techniques and these factors are expected to provide lucrative opportunities for the market in the future.
Key players profiled in the report include Panasonic Corporation (Japan), Saint-Gobain (France), Nippon Steel & Sumitomo Metal Corporation (Japan), CRH plc (Ireland), Lafarge (France), Evonik Industries AG (Germany), Huntsman International LLC. (U.S.), Dow Corning Corporation (U.S.), Fletcher Building Limited (New Zealand), and Armstrong World Industries, Inc. (U.S.).
-Porters Five Forces model helps analyze the potential of buyers & suppliers, and the competitive sketch of the market, which is expected to guide the market players to develop strategies accordingly.
-It outlines the current trends and future scenario of the market from 2016 to 2023 to understand the prevailing opportunities and the investment pockets.
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