Metal-faced Insulated Panels Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Metal-faced Insulated Panels Market Analysis
The metal-faced insulated panel market is estimated to witness healthy growth, at an estimated CAGR of over 6%, over the forecast period (2022-2027).
The COVID-19 pandemic had a negative impact on the market in 2020. However, the market has now reached pre-pandemic levels, and it is expected to grow at a steady pace in the forecast period.
- The major factors driving the growth of the market are the augmenting demand for insulated panels in the construction industry and the growing need for refrigerated and processed foods.
- Deformation in extreme weather conditions is likely to hinder the market's growth.
- Growing awareness in the Asia-Pacific region is likely to create opportunities for the market in the coming years.
- The European region is expected to dominate the market. The Asia-Pacific region is likely to witness the highest CAGR during the forecast period.
Metal-faced Insulated Panels Market Trends
This section covers the major market trends shaping the Metal Faced Insulated Panel Market according to our research experts:
The Industrial Segment to Dominate the Market
- In modern-day construction, the use of insulation materials is essential for industrial construction applications. The specific demand for energy in industrial buildings can be significantly reduced with modern insulation.
- The scope of applications is extremely diverse and even includes the construction of industrial buildings using insulated roof and wall panels. In industrial applications, building insulation materials witness major demand from cold storage buildings and warehouses.
- The number of cold storage operations that are meant to extend and ensure the shelf life of fresh agricultural produce, seafood, frozen food, photographic film, chemicals, and pharmaceutical drugs is rapidly increasing.
- This rapid increase in the number of cold storage facilities is due to the growing demand from consumers, which is a result of the changing lifestyles and advanced technologies.
- The expansion of retail food chains by multinational companies has led to an increase in the demand for cold storage. These factors, in turn, are expected to augment the demand for building insulation materials across the region. For instance, the US retail giant Walmart plans to invest around CNY 8 billion (USD 1.2 billion) into its distribution centers in China over the next two decades.
- Based on the aforementioned aspects, the Industrial segment is expected to dominate the market in the forecast period.
The Asia-Pacific Region to Lead the Market Growth
- The Asia-Pacific construction sector is the largest in the world and is growing at a healthy rate, owing to the rising population, increase in middle-class incomes, and urbanization.
- Increasing infrastructure construction activities and the entry of major players from the European Union into the lucrative market of China, India, and ASEAN have further fueled the industry's expansion.
- China's construction industry developed rapidly in the recent past. However, the country is now reeling under the Evergrande Debt struggle that many expect to put China under recession.
- India and ASEAN countries have also been focusing on infrastructure development.
- Also, restrictions on foreign investment in land development, high-end hotels, office buildings, international exhibition centers, and the construction and operation of large theme parks have been lifted in the region.
- The growth in the infrastructure and transportation sectors is expected to boost the metal-faced insulated panels market in the country over the forecast period.
Metal-faced Insulated Panels Industry Overview
The metal-faced insulated panel market is partially fragmented in nature. Some of the major players in the market include American Acoustical Products, CENTRIA, Metl-Span, Portafab Corporation, and Premier Building Systems Inc., among others.
Metal-faced Insulated Panels Market Leaders
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Kingspan Group
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Cornerstone Building Brands
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Owens Corning Insulating Systems, LLC
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Nucor Building Systems
*Disclaimer: Major Players sorted in no particular order
Metal-faced Insulated Panels Market News
- In August 2021, Nucor Corporation announced that it successfully completed the acquisition of Cornerstone Building's Insulated Metal Panels (IMP) business for a cash purchase price of approximately USD 1 billion.
Metal-faced Insulated Panels Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Augmenting Demand for Insulated Panels in the Construction Industry
- 4.1.2 Growing Need for Refrigerated and Processed Foods
-
4.2 Restraints
- 4.2.1 Deformation in Extreme Weather Conditions
- 4.2.2 Other Restraints
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Core Material
- 5.1.1 Blowing Agents
- 5.1.2 Polyurethane (PU)
- 5.1.3 Polyisocyanurate (PIR)
- 5.1.4 Mineral Wool
- 5.1.5 Polystyrene (PS)
- 5.1.6 Phenolic (PF)
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5.2 Usage
- 5.2.1 Internal
- 5.2.2 External
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5.3 End-user Industry
- 5.3.1 Residential
- 5.3.2 Commercial
- 5.3.3 Industrial
- 5.3.4 Institutional and Infrastructure
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5.4 Geography
- 5.4.1 Asia-Pacific
- 5.4.1.1 China
- 5.4.1.2 India
- 5.4.1.3 Japan
- 5.4.1.4 South Korea
- 5.4.1.5 Rest of Asia-Pacific
- 5.4.2 North America
- 5.4.2.1 United States
- 5.4.2.2 Canada
- 5.4.2.3 Mexico
- 5.4.3 Europe
- 5.4.3.1 Germany
- 5.4.3.2 United Kingdom
- 5.4.3.3 Italy
- 5.4.3.4 France
- 5.4.3.5 Rest of Europe
- 5.4.4 South America
- 5.4.4.1 Brazil
- 5.4.4.2 Argentina
- 5.4.4.3 Rest of South America
- 5.4.5 Middle-East and Africa
- 5.4.5.1 Saudi Arabia
- 5.4.5.2 South Africa
- 5.4.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share(%)**/Ranking Analysis
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 American Acoustical Products
- 6.4.2 American Insulated Panel
- 6.4.3 Atlas Roofing Corporation
- 6.4.4 Bally Refrigerated Boxes
- 6.4.5 Big Sky Insulations Inc.
- 6.4.6 Branch River Plastics Inc.
- 6.4.7 BRUCHA Corp.
- 6.4.8 CENTRIA
- 6.4.9 Citadel Architectural Products Inc.
- 6.4.10 Cornerstone Building Brands
- 6.4.11 Diversified Panel Systems Ltd
- 6.4.12 Kingspan
- 6.4.13 Metl-Span
- 6.4.14 Nucor Corporation
- 6.4.15 Nudo
- 6.4.16 Owens Corning
- 6.4.17 Portafab Corporation
- 6.4.18 Premier Building Systems Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Growing Awareness in the Asia-Pacific Region
Metal-faced Insulated Panels Industry Segmentation
Metal-faced insulated panel contains various insulating materials, such as mineral wool, polyurethane/polyisocyanurate (PUR/PIR) foam, and polystyrene, which generally help in maintaining the temperature of the building while being used as a roof, wall, or ceiling panels, by preventing loss of heat from the buildings. The metal-faced insulated panel market is segmented by core material (blowing agents, polyurethane, polyisocyanurate, mineral wool, polystyrene, and phenolic), usage (internal and external), end-user industry (residential, commercial, industrial, and institutional and infrastructure), and geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecasts for the metal-faced insulated panel market in terms of revenue (USD million) for all the above segments.
| Core Material | Blowing Agents | |
| Polyurethane (PU) | ||
| Polyisocyanurate (PIR) | ||
| Mineral Wool | ||
| Polystyrene (PS) | ||
| Phenolic (PF) | ||
| Usage | Internal | |
| External | ||
| End-user Industry | Residential | |
| Commercial | ||
| Industrial | ||
| Institutional and Infrastructure | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| Italy | ||
| France | ||
| Rest of Europe | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | Saudi Arabia |
| South Africa | ||
| Rest of Middle-East and Africa |
Metal-faced Insulated Panels Market Research FAQs
What is the current Metal-faced Insulated Panel Market size?
The Metal-faced Insulated Panel Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in Metal-faced Insulated Panel Market?
Kingspan Group, Cornerstone Building Brands, Owens Corning Insulating Systems, LLC and Nucor Building Systems are the major companies operating in the Metal-faced Insulated Panel Market.
Which is the fastest growing region in Metal-faced Insulated Panel Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Metal-faced Insulated Panel Market?
In 2024, the Europe accounts for the largest market share in Metal-faced Insulated Panel Market.
What years does this Metal-faced Insulated Panel Market cover?
The report covers the Metal-faced Insulated Panel Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Metal-faced Insulated Panel Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Metal-faced Insulated Panels Industry Report
Statistics for the 2024 Metal-faced Insulated Panels market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Metal-faced Insulated Panels analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
