According to HTF MI, “Global Composite Insulated Panels Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030”. The Global Composite Insulated Panels Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2030, reaching USD 460.3 Million in 2024 and USD 780.5 Million by 2030.
The Composite Insulated Panels Market refers to the industry segment that deals with the production, distribution, and consumption of composite panels that are insulated for various applications. Composite insulated panels are construction materials consisting of two outer layers (often made of metal, plastic, or fiber-reinforced composites) with a layer of insulation material sandwiched in between.
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Key and developing players who have been highlighted as part of the coverage include TATA Steel (India), Ruukki (Finland), Silex (Japan), Isomec (Italy), NCI Building Systems (United States), Metecno (India), Arcelor Mittal (Luxembourg), GCS (France), Isopan (Czech Republic).
Composite Insulated Panels
Market Drivers
- Composite insulated panels are employed in a variety of industries, including aircraft, automotive, and construction.
- The utilization of prefabricated composite insulated panels in the construction sector is the main topic of this work.
Market Trend
- The advent of eco-friendly roof panels has increased the demand for composite insulated panels. Instead of steel, they have aluminum foil covering on the underside.
- Composite insulated panels are therefore categorized as single-use products under construction laws and do not require approval.
Market Challenges
- The price of composite insulated panels is one of their biggest flaws.
- This indicates that even though employing composite insulated panels shortens the construction process and lowers labor expenses, they are more expensive than conventional building materials.
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Key Market Segmentation:
The report has categorized the Composite Insulated Panels market based on type, distribution channel, and region.
Market Breakdown by Applications:
- Expanded Polystyrene Panel, Rigid Polyurethane, Rigid Polyisocyanurate Panel, Glass Wool Panel, Other Products
Market Breakdown by Types:
- Building Wall, Building Roof, Cold Storage
Report Scope
The Market size value in 2024(USD460.30Million)
Revenue Forecast by 2033 (USD780.5Million)Growth Rate CAGR Of (5.5%)
Historical Years (2019-2023)
Base Year (2023)
Estimated Year (2024)
Short-Term Projection Year (2030)
Regions Covered (North America, Europe, the Middle East and Africa, Latin America, and the rest of the world)
Note: With the help of the Growth Overview Charts, Historical Period Analysis, Forecast Period Analysis, Main Market Segmentation, Leading Key Market Players, TOC, List of Figures, and List of Tables in this report, you can get a thorough overview of the market.
Competitive Landscape:
Along with studying the profiles of the key players, the industry’s competitive environment has also been examined. Players profiled are TATA Steel (India), Ruukki (Finland), Silex (Japan), Isomec (Italy), NCI Building Systems (United States), Metecno (India), Arcelor Mittal (Luxembourg), GCS (France), Isopan (Czech Republic)
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Key highlights of the report:
- Composite Insulated Panels Market Performance (2019-2023)
- Composite Insulated Panels Market Outlook (2024-2030)
- Composite Insulated Panels Market Trends
- Composite Insulated Panels Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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