The global demand for Composite Insulated Panels Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Composite Insulated Panels, otherwise called sandwich panels, refer to the well-known construction material consisting of an insulating material placed between two plastic facings or metal. The Composite insulated panels interior shell comprises of aluminum sheets, galvanized steel sheets, glass-fibre reinforced plastic or stainless sheets. In contrast, the exterior shell is made of galvanized steel sheet. The core of the composite insulated panels is made of insulating materials like Polyisocyanurate (PIR), Polyurethane (PUR) or rock wool. Composite insulated panels are one of the thinnest and most flexible building materials. Its chief characteristics include lightweight, high stability, stiffness, easy construction, and load-bearing capacity. These panels are widely used for internal structures, sidewalls, and roof construction within various industries such as warehousing, hotels, cold storage, food and other environments.
Market Dynamics
The global composite insulated panels market is projected to grow healthy during the forecast period. Increasing expansion of the construction sector and improvements in building technologies like modular construction techniques and others are the key factors driving the composite insulated panels market. The high stability, protection against warm conditions and smooth performance of composite insulated panels are also expected to fuel the demand for these panels. The increasing popularity of green buildings has boosted the composite insulated panels demand. Furthermore, the necessity for lightweight materials in the automotive industry also raises the market's revenue growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of composite insulated panels. The growth and trends of composite insulated panels industry provide a holistic approach to this study.
Market Segmentation
This section of the composite insulated panels market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- EPS Panels
- PUR/PIR Panels
- Mineral/Glass Wool Panels
- Other
By Application
- Building Wall
- Building Roof
- Cold Storage
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Composite Insulated Panels market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Composite Insulated Panels Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the composite insulated panels market include Alubel SpA (Italy), ArcelorMittal (Luxembourg City), Balex-Metal (Poland), Dana Group Plc (UAE), ITALPANNELLI SRL (Italy), Jiangsu Jingxue Insulation Technology Co. Ltd (China), Kingspan Group (Ireland), Manni Group S.p.A (Italy), METECNO (India), Multicolor Steels (India) Pvt Ltd, Nucor Building Systems (Indiana), Owens Corning (US), and PFB Corporation (Canada). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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