Composite Insulated Panels Market Scope
Composite Insulated Panels which offer a great degree of load bearing capacity are rigid insulating materials with the ability to offer insulating solution for building materials as well for the food storage industry. These panels are made up of aluminium, stainless steel and other composite materials, and are available in various design and texture. Benefits provided by such panels include acoustic insulation, weather resistance as well as thermal insulation. Metal made panels are preferred as they provide cost-effective solution and are easier to install
According to AMA, the Global Composite Insulated Panels market is expected to see growth rate of 6.1%
Research Analyst at AMA estimates that Italian Vendors will contribute to the maximum growth of Global Composite Insulated Panels market throughout the predicted period.
Kingspan Group Plc (Ireland), Metecno (Italy), Isopan (Italy), NCI Building Systems (United States), TATA Steel (India), Lattonedil (Italy), Rautaruukki (Finland), System Building Products Limited (United Kingdom), Theca Australia Pty Ltd (Australia), Isomec (Italy), Zhong Jie Group (China), AlShahin (Saudi Arabia), Nucor Building Systems (United States), Tonmat (Vietnam) and Marcegaglia (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Italpannelli (Italy), Alubel (Italy), BALEX-METAL (Poland), ArcelorMittal (United Kingdom), Romakowski (Germany), Multicolor Steels (India) Pvt. Ltd. (India), Zamil Steel Holding Company Limited (Saudi Arabia) and Pioneer Coldstore and Cladding Pvt. Ltd. (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Composite Insulated Panels market by Type (EPS Panels, PUR/PIR Panels, Mineral/Glass Wool Panels and Other), by Application (Building Wall, Building Roof, Cold Storage and Others) and Region with country level break-up.
On the basis of geography, the market of Composite Insulated Panels has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
EU Directive 2012/27/EU for Energy Efficiency (EED) have a key focus on improvising energy consumption by controlling energy usage in the buildings and renovate 3% publicly owned buildings acquired by central govt. With an area greater than 250 sq. meters annually
Market Trend
- Increasing Demand for Building Walls
- Increasing R&D investments with Respect to the High-Performance, Energy-Efficient Building Components
Market Drivers
- Increasing Demand from the Construction Sector and Increasing Cold Storage Applications
- The Growing Demand from Residential Sector
Opportunities
- Rapid Urbanization and Industrialization in Developing Countries
Restraints
- Advancements in Building Technologies and Increasing Adoption of Modular Construction
Challenges
- High Cost of Composite Insulated Panels
Key Target Audience
Composite Insulated Panels Manufacturers, Composite Insulated Panels Distributors/Suppliers, Government and Private Organisations, Raw material producers and suppliers and End-Use Sectors