Acknowledging the kind of traction gained by this market, recently published a study report asserts the Composite Insulated Panels Market is expected to reach USD 2247.5 million by 2027, registering a phenomenal CAGR of 5.6% during the review period (2022 to 2027).
The growing progressions in building skills such as modular building methods and others are likely to propel the growth of the composite insulated panels market in the coming years. In addition, the growth of the construction industry owing to urbanization and simplified utility, along with lower costs of insulated wall panels, drive the product demand.
The global compound insulated panels market has been segmented based on product, claim, and region. Based on product, the composite cloistered panels market is divided into expanded polystyrene (EPS) panel, rigid polyurethane (PUR) and rigid polyisocyanurate (PIR) panel, glass wool panel, and others. The rigid polyurethane (PUR) and rigid polyisocyanurate (PIR) panel product segment is expected to hold a significant share of the composite insulated panels market during the study period owing to its better resistance to fevers along with frivolous properties. Based on submission, the global composite insulated panels marketplace is segmented into building wall, building roof, and cold storage. The building wall submission segment reported for a significantly large share in the global market owing to the growing construction projects with highly efficient and green materials, specifically for housing are expected to improvement the demand for physical cloistered panels in wall structure applications.
The global Composite Insulated Panels includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Kingspan, Metecno, Isopan, NCI Building Systems, TATA Steel, ArcelorMittal, Romakowski, Lattonedil, Ruukki, Omnis Exteriors, Silex, Isomec, GCS, Zhongjie, AlShahin, Nucor Building Systems, Tonmat, Marcegaglia, Italpannelli, Alubel, Jingxue, Balex, Dana, 3M and others.
5 May 2022: ArcelorMittal announces the commencement of a second US$1 billion share buyback program for 2022
ArcelorMittal announces a second share buyback program in the amount of US$1 billion (the ‘Program’) under the authorization given by the annual general meeting of shareholders of, bringing the total 2022 buybacks announced so far to US$2 billion. For the background to this Program, reference is made to the ER Press Release. The Program is expected to be completed by the end of 2022, subject to market conditions.
13 May 2022: GCS launches its 3-year Strategy
GCS Executive Director launched the GCS Strategy, broadcasted live from No.9 Downing Street to over 1,500 communicators.
The Strategy sets out the vision for the entire communications profession across all departments and ALBs (arm’s length bodies) for the next 3 years.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
The Europe region is the largest supplier of Composite Insulated Panels, with a production market share of nearly 35.57% in 2016. North America is the second-largest supplier of Composite Insulated Panels, enjoying a production market share of nearly 25.35% in 2016.Europe is also the largest consumption market, with a consumption market share of nearly 36.86% in 2016. Following Europe, North America is the second largest consumption place with a consumption market share of 26.70%.
In Germany, the growing migration to the country has been stimulating the demand for new residential construction. About 2.6 million migrants were expected to arrive in Germany by the end of 2020-2021, which posed a requirement of at least 350,000 new dwellings per year. The German government had declared its plan to construct around 1.4 million housing units by 2021 is expected to boost the residential construction sector.
Report Attributes | Report Details |
Report Title | Composite Insulated Panels Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Kingspan, Metecno, Isopan, NCI Building Systems |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.6% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Kingspan, Metecno, Isopan, NCI Building Systems, TATA Steel, ArcelorMittal, Romakowski, Lattonedil, Ruukki, Omnis Exteriors, Silex, Isomec, GCS, Zhongjie, AlShahin, Nucor Building Systems, Tonmat, Marcegaglia, Italpannelli, Alubel, Jingxue, Balex, Dana, 3M |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 136 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Composite Insulated Panels Market is studied from 2017 - 2027.
What is the growth rate of the Composite Insulated Panels Market?
The Composite Insulated Panels Market is growing at a CAGR of 5.6% over the next 5 years.
Who are the key players in Composite Insulated Panels Market?
Kingspan, Metecno, Isopan, NCI Building Systems, TATA Steel, ArcelorMittal, Romakowski, Lattonedil, Ruukki, Omnis Exteriors, Silex, Isomec, GCS, Zhongjie, AlShahin, Nucor Building Systems, Tonmat, Marcegaglia, Italpannelli, Alubel, Jingxue, Balex, Dana, 3M
What regions does this Composite Insulated Panels Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Composite Insulated Panels Market?
EPS Panels, PUR/PIR Panels, Mineral/Glass Wool Panels, Other
What are the major end-use applications of the Composite Insulated Panels Market?
Building Wall, Building Roof, Cold Storage, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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