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.
The global average price of Composite Insulated Panels is in the decreasing trend, from 17.0 5 USD/Sqm in 2012 to 16.14 USD/Sqm in 2016. With the situation of global economy and downward of steel price, prices of Composite Insulated Panels will be in decreasing trend in the following five years.
The classification of Composite Insulated Panels includes EPS Panels, PUR/PIR Panels and Mineral/Glass Wool Panels, and the proportion of PUR/PIR Panels in 2016 is about 39.40%. Composite Insulated Panels is widely used in Building Wall, Building Roof, Cold Storage and other field. The most proportion of Composite Insulated Panels is Building Wall, and the consumption in 2016 is 237.7 million Sqm.
Europe region is the largest supplier of Composite Insulated Panels, with a production market share nearly 35.57% in 2016. North America is the second largest supplier of Composite Insulated Panels, enjoying production market share nearly 25.35% in 2016.
Europe is also the largest consumption market, with a consumption market share nearly 36.86% in 2016. Following Europe, North America is the second largest consumption place with the consumption market share of 26.70%..
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.
According to this study, over the next five years the Composite Insulated Panels market will register a 3.2% CAGR in terms of revenue, the global market size will reach US$ 8200 million by 2024, from US$ 6800 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Composite Insulated Panels business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Composite Insulated Panels market by product type, application, key manufacturers and key regions and countries.
This study considers the Composite Insulated Panels value and volume generated from the sales of the following segments:
Global Composite Insulated Panels Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Composite Insulated Panels Industry report also provides essential attributes associated with Composite Insulated Panels market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Composite Insulated Panels Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Composite Insulated Panels business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Composite Insulated Panels market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
NCI Building Systems
Omnis Exteriors Ltd
Nucor Building Systems
Market Segment by Type, covers:
Mineral/Glass Wool Panels
Market Segment by Applications, can be divided into:
The prospective of this Composite Insulated Panels industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Composite Insulated Panels present market share and future prospects of the segment in terms of has also been explored in this report.
Global Composite Insulated Panels market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. Composite Insulated Panels report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.
Conclusively, the Composite Insulated Panels Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.