In this report,global Composite Insulated Panels Market will reach 7954.2 Million USD by the end of 2022
Global market of Composite Insulated Panels developed smoothly, with an annual growth rate of 3.17% from 2016 to 2022. In 2016, Global revenue of Composite Insulated Panels is nearly 6.594 billion USD; the actual production is about 408.554 million Sqm.
Composite Insulated Panels are factory engineered panels used mainly for exterior cladding, partitioning, load bearing walls and roofing elements in a wide range of non-residential buildings. Panels are manufactured on a continuous lamination basis with metal facings - usually steel or aluminum - encapsulating a foamed polyurethane core. This composition offers a high degree of stability, rigidity and excellent load-bearing capacity.
Composite Insulated Panels can be divided into four categories: EPS Panels type, PUR/PIR Panels type, Mineral/Glass Wool Panels type and other types. PUR/PIR Panels type accounted for the highest proportion in production market, with a figure of 39.84% in 2017, followed by EPS Panels type, account for 27.75% and Mineral/Glass Wool Panels type account for 17.74%.
The consumption market share of global Composite Insulated Panels in Building Wall use, Building Roof use, Cold Storage use and other applications have been stable year by year, at 57.99%, 22.75%, 13.60% and 5.66% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Composite Insulated Panels in the global market tends to be fixed without great changes. Among them, the Composite Insulated Panels market has the most promising sales prospects in Building Wall use.
XYZ research center data shows that Europe is the biggest contributor to the Composite Insulated Panels revenue market, accounted for 41.19% of the total global market with a revenue of 2801.7 million USD in 2017, followed by North America, 28.51% with a revenue of 1939.3 million USD.
Composite Insulated Panels market is competitive and fragmented with a small number of large global firm, and thousands of smaller local companies, the concentration of this market is very low. Meanwhile there is a giant player in this market; Kingspan enjoys over 30% of the global market. In addition, several other leading companies are Metecno, Isopan, NCI Building Systems, TATA Steel and ArcelorMittal.
Geographically, global Composite Insulated Panels market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
NCI Building Systems
Omnis Exteriors Ltd
Nucor Building Systems
On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into
Mineral/Glass Wool Panels
For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Composite Insulated Panels for each application, including
Production, consumption, revenue, market share and growth rate are the key targets for Composite Insulated Panels from 2014 to 2026 (forecast) in these regions
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