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    Composite Insulated Panels Market

    Composite Insulated Panels Market
    Report code - SR1234 Delivery - 2 Weeks
    Composite Insulated Panels Market Size, Share, Trends, Dynamics, Forecast, & Industry See more...

    Market Insights

    The Composite Insulated Panels Market was estimated at USD XX million in 2020 and is likely to grow at a CAGR of 6% during 2021-2026 to reach USD XX million in 2026.


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    What are composite insulated panels?

    Composite Insulated Panels are also known as sandwich panels. They consist of layers of thin covering sheets with a core in between them. Polyurethane (PUR), polyisocyanurate (PIR), or rock wool are the insulating materials used to make the core.

    Composite Insulated Panels Market Highlights

    Market Size in 2026

    USD XX Million

    Market Size in 2020

    USD XX Million

    Market Growth (2021-2026)

    CAGR of 6%

    Base Year of Study


    Trend Period


    Forecast Period


    Dominant Region

    North America dominates the market during the forecast period.

    Market Dynamics

    The growing need for composite insulated panels in the construction industry and its applications in sectors such as refrigerated and processed food are expected to drive the market during the forecast period. High performance, flexibility and protection against warmer climates are the key characteristics responsible for the growth of composite insulated panels. Furthermore, the rising popularity of green buildings, on account of the eco-friendly features of these panels, has significantly contributed to the surge in the product’s demand.


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    Market Restraints

    Higher Cost: The global composite insulated panels market faces challenges due to high costs compared to traditional materials and its inability to withstand moisture, leading builders to use additional materials like aluminum composite panels, increasing overall costs and limiting affordability.

    Segment Analysis

    By Product Type

    The composite insulated panels market is segmented as Expanded Polystyrene (EPS) Panels, Rigid Polyurethane (PUR)/Rigid Polyisocyanurate (PIR) Panels, Mineral/Glass Wool Panels, and others. The market for composite insulated panels is dominated by polyurethane-based insulated panels. The growth of polyurethane-based insulated panels is owing to their better resistance to temperature along with lightweight properties. Increasing need for superior insulation in high-end commercial construction applications is further expected to fuel the demand for polyurethane-based insulated panels over the forecast period.

    By Application Type:

    The composite insulated panels market is segmented as building wall, building roof, and cold storage. The building wall segment is the dominant market due to the widespread use of composite insulated panels in construction. These panels minimize heat transfer, improve indoor comfort, and offer energy savings. Their durability, versatility, and ease of installation further enhance their popularity. The fastest-growing segment is the cold storage application, where they preserve perishable goods like food and pharmaceuticals. The growing demand for cold storage infrastructure is driving the adoption of composite insulated panels in this sector.

    Regional Analysis

    North America dominates the composite insulated panels market. The region is expected to continue its leading position during the forecast period as well. Some of the major factors driving the regional growth are high consumer awareness, early acceptance, and government support for energy-efficient and green constructions, which have supported the product growth in the region. Furthermore, the commercial availability of the product coupled with easy installation guidelines provided by the key players is likely to support the market growth. On the other hand, owing to increasing construction activities backed with rising investments from foreign multinationals, the Asia-Pacific region is expected to depict the highest growth over the forecast period.


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    Market Segmentation

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    The composite insulated panels market is segmented into the following categories:

    By Product Type:

    • Expanded Polystyrene (EPS) Panels
    • Rigid Polyurethane (PUR)/Rigid Polyisocyanurate (PIR) Panels
    • Mineral/Glass Wool Panels
    • Others

    By Application Type:

    • Building Wall
    • Building Roof
    • Cold Storage

    By Region:

    • North America (Country Analysis: the USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)


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    Key Players

    Some of the key players in the composite insulated panels market are-

    • ATAS International Kingspan Group
    • Rautaruukki Corporation
    • Premier Building Systems
    • PFB Corporation
    • Balex-Metal
    • PFB Corporation
    • Owens Corning
    • Alubel SpA
    • ArcelorMittal
    • Manni Group S.p.A
    • Nucor Building Systems
    • Tata Steel.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the global composite insulated panel market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Composite Insulated Panels Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Report Customization Option

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The composite insulated panels market is expected to witness an impressive growth of 6% CAGR in the foreseeable future.

    ATAS International Kingspan Group, Rautaruukki Corporation, Premier Building Systems, PFB Corporation, Balex-Metal, PFB Corporation, Owens Corning, Alubel SpA, ArcelorMittal, Manni Group S.p.A, Nucor Building Systems, Tata Steel are among the key players in the market.

    Polyurethane-based insulated panels dominated the market.

    North America is expected to be the leading region in the market during the forecast period.

    Growing need for composite insulated panels in the construction industry, the rising popularity of green buildings are the factors driving the growth of the market.