The report highlights the increasing adoption of composite insulated panels in building walls application, which is proliferating global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the composite insulated panels market.
The composite insulated panels market is bifurcated into product type and application. Based on product type the market is segmented into expanded polystyrene (EPS) panel, rigid polyurethane (PUR) panel, rigid polyisocyanurate (PIR) panel, glass wool panel, and others. In 2022, the expanded polystyrene (EPS) panel segment dominate in the overall composite insulated panels market. The application segment is categorized into building wall, building roof, cold storage, and others. In 2022, the building wall segment accounted for the highest market share in the composite insulated panels market.Get Free Sample
|Report Attributes||Report Details|
|By Product Type||Expanded Polystyrene (EPS) Panel, Rigid Polyurethane (PUR) Panel, Rigid Polyisocyanurate (PIR) Panel, Glass Wool Panel, and Others|
|By Application||Building Wall, Building Roof, Cold Storage, and Others|
|By Region||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
As per the study, the market is dominated by certain major companies such as Kingspan Group, Alubel SpA., ArcelorMittal, and DANA Group of Companies which have a strong market position in current market circumstances. These companies are continuously leveraging new technologies to develop innovative solutions that are more durable, ensure superior functioning, and others. Furthermore, the composite insulated panels market is expected to witness substantial growth in the coming years due to the growing investment in cold storage facilities in key regions such as North America, Asia Pacific, and others.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.