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Governments and NGOs in developing countries are investing in affordable housing schemes, where cost-efficient construction methods like building panels are preferred. Many cities in developed countries are undergoing urban redevelopment, creating demand for innovative and efficient construction materials. The expanding retail, hospitality, and corporate sectors, especially in emerging markets, require fast and aesthetically pleasing construction solutions, driving the use of building panels.
Building panels with thermal and weather-resistant properties are in high demand to protect buildings from extreme heat, cold, and precipitation. Panels with fire-resistant properties are increasingly used in regions prone to wildfires or with stringent fire safety regulations. Governments are mandating the use of high-quality materials that ensure structural integrity and energy efficiency, favouring advanced building panels.