Composite Insulated Panels Market - Forecast(2023 - 2028)

Report Code: CMR 72860 Report Format: PDF + Excel
Overview

Composite Insulated Panels Market size is expected to grow at a CAGR of 6.1% during 2020-2025. Composite Insulated Panels, also known as factory engineered panels, mainly used for partitioning, exterior cladding, load bearing walls and roofing elements in a wide range of non-residential buildings. These Panels are manufactured on a continuous lamination basis with metal facings, usually aluminum or steel, encapsulate a foamed polyurethane core. This composition offers a high degree of rigidity, stability, and excellent load-bearing capacity.
 
Key Takeaways
  • The growing advancements in building technologies such as modular construction techniques and others are likely to propel the growth of the market.
  • Growth of the construction industry owing to urbanization & simplified utility, along with lower costs of insulated wall panels drive the growth of the market.
By Type - Segment Analysis

Polyurethane-based insulated panel is dominating the composite insulated panels market. Owning to its better resistance to temperatures along with lightweight properties, PUR panels are in high demand. In addition, products’ high cost and limited availability are expected to restrain their demand in residential applications. Increasing demand for high-end commercial construction applications in requirement of better insulation is projected to drive the demand for polyurethane-based insulated panels over the projected period.

By Application - Segment Analysis

Building walls application accounted for the highest market share in 2019. The growing construction projects with highly efficient and green materials, specifically for residential are expected to drive the demand for structural insulated panels in wall construction. The rising need for renovation of residential structures on account of improving living standards and high spending capacity is further likely to favor the structural insulated panels market growth. On the other hand, the other application such as cold storage is also rising due to the development in cold chain activities on account of increasing consumption for processed and packaged food in major economies, such as Asia Pacific and North America, has supported the demand for structural insulated panels.

Geography - Segment Analysis

North America is dominating the composite insulated panels market by region. High consumer awareness, early acceptance, and government support for energy-efficient and green constructions have supported the product growth in the region. In addition, the commercial availability of the products coupled with easy installation guidelines provided by the key players is likely to support the market growth. On the other hand, owing to increasing construction activities backed with rising investments from foreign multinationals, APAC is likely to register the highest growth over the forecast period. Increasing production and consumption of packaged and processed food in the region have created scope for construction of cold storage facilities, thus are supporting the market for structural insulated panels.

Drivers – Composite Insulated Panels Market
  • The growing demand of lightweight panel with high thermal insulation properties for building walls.
The growth in use of composite insulated panels has been driven by the construction industry's need for a lightweight panel with high thermal insulation values and simple on-site installation. This requirement has been assisted by the technical development of rigid polyurethane foams offering very high insulation values, especially compared to site-assembled systems. Composite panels offer architects and specifiers an exciting dimension in the planning, costing and design of new and refurbished buildings. There is a wide and attractive choice of surface finishes available, both in terms of color and metallic coatings. Hidden joints, combination options with other materials and foamed moldings for roofs and walls enable buildings of striking architectural value and appearance to be created.

Challenges – Composite Insulated Panels Market
  • The high material and installation cost of composite insulated panels is constraining the market growth.
One of the main drawbacks of composite insulated panel is cost. However, composite insulated panels reduce construction time and labor costs, but they are more expensive as compared to traditional materials. Owning to its high cost, it limits the number of people who can use the material. In addition, it also cannot resist moisture, and due to this, the builders use aluminum composite panels in addition to resist moisture, and due to this, the cost also gets increased. To reduce this issues, the manufacturers are now using some special materials while manufacturing these insulated panels to increase its property, which will reduce its challenge in upcoming years.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Composite Insulated Panels market. In 2019, the market of Composite Insulated Panels has been consolidated by the top five players accounting for xx% of the share. Composite Insulated Panels Market top 10 companies are ATAS International Kingspan Group, Rautaruukki Corporation, Premier Building Systems, PFB Corporation, and Owens Corning, among others.
1. Composite Insulated Panels Market - Overview
        1.1 Definitions and Scope
2. Composite Insulated Panels Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Composite Insulated Panels Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Composite Insulated Panels Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Composite Insulated Panels Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Composite Insulated Panels Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Composite Insulated Panels Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Composite Insulated Panels Market - By Product Type (Market Size -$Million / $Billion)
9. Composite Insulated Panels Market - By Type (Market Size -$Million / $Billion)
9.1 EPS Panels
9.2 PUR/PIR Panels
9.3 Mineral/Glass Wool Panels
10. Composite Insulated Panels - By Application (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
10.3.1 Building Wall
10.3.2 Building Roof
10.3.3 Cold Storage
11. Composite Insulated Panels- By Geography (Market Size -$Million / $Billion)
        11.1 Composite Insulated Panels Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Composite Insulated Panels- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Composite Insulated Panels- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Composite Insulated Panels - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong Kong
                  11.8.5.9 Rest of APAC
        11.9 Composite Insulated Panels - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Composite Insulated Panels Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Composite Insulated Panels Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at a global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Composite Insulated Panels Market - Key Company List by Country Premium
15. Composite Insulated Panels Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Al Shahin Metal Industry
        15.3 Alubel
        15.4 Arcelormittal
        15.5 Building Component Solution Llc
        15.6 Dana Group Of Company
        15.7 Doco International B V
        15.8 Jiangsu Jingxue Insulation Technology Co., Ltd
        15.9 Kingspan Group
        15.10 Lattonedil De Gmbh
        15.11 Manni Group S.P.A
        15.12 Marfin
        15.13 Metecno
        15.14 Multicolor Steel Pvt. Ltd
        15.15 Nci Building System
        15.16 Nucor Building System
        15.17 Omnis Exterior Ltd
        15.18 Pioneer
        15.19 Rautaruukki Corporation
        15.20 Romakowski Gmbh Co. Kg
        15.21 Tata Steel
        15.22 Thermasteel, Inc
        15.23 Zamil Steel Pre-Engineered Building Co. Ltd
        15.24 Company 23
        15.25 Company 24 & More
*Financials would be provided on a best efforts basis for private companies
16. Composite Insulated Panels Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Composite Insulated Panels Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends