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Metal Structural Insulation Panels Market Analysis

  • Report ID: GMI3070
  • Published Date: Dec 2022
  • Report Format: PDF

Metal Structural Insulation Panels Market Analysis

The metal structural insulation panels market from roofs application is projected to witness 1.5% growth rate through 2032. The demand for metal structural units in roofs is rising owing to their excellent durability, strength-to-weight ratio and weight-carrying capability. Moreover, these units provide enhanced climate protection by minimizing energy consumption while heating and cooling enclosed rooms, saving around 70% air leakage and 50% energy use, thereby spurring industry revenues.

 

The residential end-use segment held over 11% revenue share in 2022 and is expected to amass a valuation of more than USD 6 billion by 2032. The rising trend of zero-energy homes in various nations coupled with changing government norms and regulations pertaining to residential household constructions, are some major factors that are anticipated to bolster the demand for these panels in residential buildings, which is primed to support the growth in the future.
 

Metal Structural Insulation Panels Market, By Region

The APAC metal structural insulation panels market is expected to cross a valuation of USD 10 billion by 2032. Escalating product awareness and the mounting need for high-performance material adaptivity in the domestic building sector are estimated to stimulate the use of materials with the highest R-value. However, the burgeoning demand for food among the rising population is likely to influence product adoption for the construction of cold storage facilities, which is slated to facilitate APAC business by end of 2032.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of metal structural insulation panels exceeded USD 43 billion in 2022 and is poised to record 5.5% CAGR from 2023 to 2032 owing to the expanding cold storage industry globally.

The residential application segment held 11% market share in 2022 and is anticipated to amass more than USD 6 billion by 2032 attributed to the rising trend of zero-energy homes, coupled with changing government norms and regulations regarding residential household constructions.

The APAC metal structural insulation panels industry is projected to cross valuation of USD 10 billion by 2032 propelled by the of increasing product awareness and the need for high-performance material adaptivity in the domestic building sector.

Key enterprises involved in the metal structural insulation panels business are Kingspan Group, LEEP Inc., MIB Facades Limited, Flexospan Steel Buildings, Inc., ArcelorMittal, Thermasteel, Tata Steel Ltd., Nucor Building Systems, Kingspan Jindal Pvt. Ltd., Direct metals Co. LLC, and Structall Building Systems, among others.

Metal Structural Insulation Panels Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 377
  • Countries covered: 26
  • Pages: 400
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