USD 215.98 Mn Growth in Composite Insulated Panels Market, Majority of Growth to Originate from APAC – Technavio – QNT Press Release


NEW YORK, Sept. 12, 2022 /PRNewswire/ — The composite insulated panels market is fragmented due to the presence of a large number of global, regional, and local players that compete with each other. Vendors are deploying growth strategies such as product differentiation, portfolios, and pricing to compete in the market. Major players in the market are adopting expansion strategies to increase their share in the global composite insulated panels market. Therefore, to survive and succeed in a stiff competitive environment, it becomes imperative for vendors in the market to distinguish their product and service offerings through a clear and unique value proposition. Established vendors are investing in R&D to develop novel products, which help them strengthen their position in the global composite insulated panels market.

The composite insulated panels market size is expected to grow by USD 215.98mn from 2021 to 2026, according to Technavio. In addition, the growth momentum of the market will accelerate at a CAGR of 5.93%.

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Composite Insulated Panels Market 2022-2026: Vendor Analysis and Scope

To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the composite insulated panels market include Al Shahin Co. for Metal Industries, Alubel Spa, ArcelorMittal SA, Balex Metal Sp zoo, Composite Panel Building Systems, Cornerstone Building Brands Inc., DANA Group of Companies, Isopan Spa, Italpannelli Srl, Jiangsu Jingxue Insulation Technology Co. Ltd., Kingspan Group Plc, Lattonedil Spa Milan, Metecno Group, PFB Corp., PortaFab Corp., Rautaruukki Corp., Romakowski GmbH and Co. KG, Tata Steel Ltd., Yusuf A. Alghanim and Sons WLL, and Zamil Industrial Investment Co.

The report also covers the following areas:

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Composite Insulated Panels Market 2022-2026: Segmentation
  • Product
    • Expanded Polystyrene (EPS) Panel: This segment will be the largest contributor to market growth during the forecast period. An EPS panel is a safe, efficient, modern, and economic construction system for the construction of buildings. EPS insulation panels are extremely durable, strong, easy to maintain, easy to move, and fully recyclable, which is increasing their demand.
    • Rigid Polyurethane (PUR) And Rigid Polyisocyanurate (PIR) Panel
    • Glass Wool Panel
    • Others
  • Geography
    • North America: This region will account for 33% of the market’s growth during the forecast period. This growth is attributed to factors such as rising construction activities across the region. Moreover, market growth in this region will be faster than the growth of the market in other regions. China and India are the key countries for the composite insulated panels market in APAC.
    • Europe
    • APAC
    • South America
    • Middle East And Africa

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Composite Insulated Panels Market 2022-2026: Key Highlights
  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist composite insulated panels market growth during the next five years
  • Estimation of the composite insulated panels market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the composite insulated panels market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of composite insulated panels market vendors
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Composite Insulated Panels Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.93%

Market growth 2022-2026

USD 215.98 million

Market structure

Fragmented

YoY growth (%)

5.11

Regional analysis

North America, Europe,…

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