Insulated Panels Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Insulated Panels Market: By Product (EPS (Expanded Polystyrene) Panel, Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panel, Glass Wool Panel, and Other Products (Extruded Polystyrene Foam)), By Application (Walls & Floors, Roof, and Cold Storage), and Geography

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Report

Description

The insulated panels market is valued at approximately USD 9,364.7 million in 2021 and is predicted to exceed at a significant CAGR of 4.7 percent between 2022 and 2028. Green building standards and regulations that encourage the use of building insulation materials to reduce overall energy consumption and increase expenditures in the construction of cold chain infrastructure around the world are anticipated to propel the industry forward. The market is expected to develop due to the increasing use of structural insulated panels in the construction industry. The market is attributed to the rise of the construction sector, driven by urbanization, simplified utility, and decreased costs of insulated wall panels. The environmentally friendly characteristics of insulated wall panels are projected to propel the insulated wall panel market to new heights. With increasingly rigorous legislation surrounding commercial properties, developers are encouraged to keep pace with the technology to create energy-efficient buildings. In 2021, EPS is expected to be the most popular insulation material in the insulated panels market. The most popular core material is expanded polystyrene (EPS), accounting for more than 85 percent of all structural insulated panels. EPS comprises millions of small air-filled pockets in a closed-cell, moisture-resistant structure. It does not typically emit ozone-depleting chlorofluorocarbons (CFCs).

Recent Market Developments:

In July 2021, Owens Corning has acquired vliepa GmbH, which specializes in the coating, printing, and finishing of nonwovens, paper, and film for the building materials industry. The acquisition broadens Owens Corning’s significant global nonwovens portfolio to better serve European customers and accelerate growth of building and construction market applications in the region.

In August 2021, Kingspan Insulation announces the acquisition of New Zealand’s Thermakraft Ltd, positioning itself to provide a broader range of solutions to its customers both in Australia and New Zealand.

Insulated Panels Market

MARKET SUMMARY
-
4.7% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 4.7%
  • Largest Market– North-America
  • Fastest Growing Market– Asia-Pacific

Insulated Panels Market

  • The insulated panels market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The insulated panels market is segmented based on product, application, and geography.
Key Players
  • Owens Corning
  • Kingspan Group
  • F.B. Corporation
  • Rautaruukki Corporation
  • Premier Building Systems
Insulated Panels Market

Dynamics

Growing demand for Green Buildings boosts the global insulated market. Increasing applications of structural insulated panels in building roofs, walls, and floors, owing to the various benefits they offer, are also boosting the growth of the global insulated panels market. However, the fiscal slowdown in some regions is expected to hamper the market growth.


North-America Got Significant Share

Insulated Panels Market

North America controlled the majority of the global market. The construction business in the United States has seen a rise in private construction investment throughout the years. In the region, the increased usage of structural insulated panels in green construction has created significant market demand. Moreover, Asia Pacific is anticipated to witness the fastest regional market due to the rapid growth of the residential and commercial construction sectors, as well as the implementation of various green building standards.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.
Insulated Panels Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The CAGR of the insulated panels market is 4.7% over the forecast period (2022 – 2028)

 

 

Owens Corning., Premier Building Systems, Kingspan Group, Rautaruukki Corporation.

 

 

 

The Asia Pacific is the fastest-growing region for the insulated panels market


Report

Company Profile

  • Isopan
  • Owens Corning.
  • Kingspan Group
  • F.B. Corporation.
  • Nucor Building Systems
  • Rautaruukki Corporation.
  • Premier Building Systems
  • American Insulated Panel
  • All Weather Insulated Panels

Description

The insulated panels market is valued at approximately USD 9,364.7 million in 2021 and is predicted to exceed at a significant CAGR of 4.7 percent between 2022 and 2028. Green building standards and regulations that encourage the use of building insulation materials to reduce overall energy consumption and increase expenditures in the construction of cold chain infrastructure around the world are anticipated to propel the industry forward. The market is expected to develop due to the increasing use of structural insulated panels in the construction industry. The market is attributed to the rise of the construction sector, driven by urbanization, simplified utility, and decreased costs of insulated wall panels. The environmentally friendly characteristics of insulated wall panels are projected to propel the insulated wall panel market to new heights. With increasingly rigorous legislation surrounding commercial properties, developers are encouraged to keep pace with the technology to create energy-efficient buildings. In 2021, EPS is expected to be the most popular insulation material in the insulated panels market. The most popular core material is expanded polystyrene (EPS), accounting for more than 85 percent of all structural insulated panels. EPS comprises millions of small air-filled pockets in a closed-cell, moisture-resistant structure. It does not typically emit ozone-depleting chlorofluorocarbons (CFCs).

Recent Market Developments:

In July 2021, Owens Corning has acquired vliepa GmbH, which specializes in the coating, printing, and finishing of nonwovens, paper, and film for the building materials industry. The acquisition broadens Owens Corning’s significant global nonwovens portfolio to better serve European customers and accelerate growth of building and construction market applications in the region.

In August 2021, Kingspan Insulation announces the acquisition of New Zealand’s Thermakraft Ltd, positioning itself to provide a broader range of solutions to its customers both in Australia and New Zealand.

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