Composite Insulated Panels Market
Report ID: SQMIG20B2048
Report ID: SQMIG20B2048
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Report ID:
SQMIG20B2048 |
Region:
Global |
Published Date: December, 2025
Pages:
157
|Tables:
90
|Figures:
73
Global Composite Insulated Panels Market size was valued at USD 0.47 Billion in 2024 and is poised to grow from USD 0.5 Billion in 2025 to USD 0.79 Billion by 2033, growing at a CAGR of 6% during the forecast period (2026–2033).
The growth of the global composite insulated panels market is being driven by several key factors. Firstly, advancements in building technologies, such as Modular Construction techniques, are contributing to market revenue growth. Additionally, the expansion of the construction sector, fueled by rapid urbanization and simplified utility, is playing a significant role.
Moreover, the decreasing costs of insulated wall panels are expected to further propel market revenue growth in the near future. Composite insulated panels are lightweight and highly versatile building materials. These panels are extensively used for partitioning, exterior cladding, weight-bearing walls, and roofing elements in a wide range of non-residential buildings. This material offers excellent stiffness, stability, and load-bearing capacity, making it highly sought after in the construction industry.
US Composite Insulated Panels Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2026-2033
Global Market Size
USD 0.44 billion
Largest Segment
expanded polystyrene (EPS) panel
Fastest Growth
Growth Rate
6.0% CAGR
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Global Composite Insulated Panels Market is segmented by Material Type, End-User Industry, Panel Type, Application and region. Based on Material Type, the market is segmented into PIR (Polyisocyanurate), PUR (Polyurethane), Rock Wool, EPS (Expanded Polystyrene) and Glass Wool. Based on End-User Industry, the market is segmented into Construction, Cold Storage, HVAC (Heating, Ventilation, and Air Conditioning), Industrial and Food and Beverage. Based on Panel Type, the market is segmented into Wall Panels, Roof Panels, Ceiling Panels and Floor Panels. Based on Application, the market is segmented into Residential, Commercial and Industrial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Among these segments, the largest segment is the expanded polystyrene (EPS) panel, accounting for the highest market share. This segment's popularity can be attributed to its excellent insulation properties, cost-effectiveness, and versatility in a wide range of applications. Expanded polystyrene panels are lightweight yet sturdy, making them easy to handle and install. They provide exceptional thermal insulation, preventing heat transfer and maintaining comfortable indoor temperatures.
Furthermore, the expanded polystyrene panel segment has experienced rapid growth in recent years, making it the fastest-growing segment in the composite insulated panels market. This growth is driven by several factors. Firstly, the increasing focus on sustainable construction practices has boosted the demand for eco-friendly building materials like EPS panels. Secondly, the construction industry's robust growth, particularly in emerging economies, has fueled the demand for composite insulated panels. The expanding infrastructure development, residential construction projects, and commercial building sectors are driving the need for efficient and cost-effective insulation solutions, making EPS panels a popular choice.
In the composite insulated panels market, the applications of these panels play a crucial role in determining their demand and growth. Among the segments, the largest application segment is building walls, accounting for the highest market share. This segment's dominance is driven by its essential role in providing efficient insulation and structural support to buildings.
As for the fastest-growing segment, the cold storage application stands out. Cold storage facilities play a crucial role in preserving perishable goods, such as food and pharmaceuticals, by maintaining specific temperature conditions. The growing demand for cold storage infrastructure, driven by the expansion of the e-commerce and food industries, is propelling the adoption of composite insulated panels in this application.
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North America has emerged as a key market for composite insulated panels. North America's dominance in the composite insulated panels market can be attributed to several factors. Firstly, the region's stringent energy codes and regulations have compelled builders and architects to adopt sustainable construction practices. Composite insulated panels, with their exceptional thermal insulation properties, are a preferred choice for meeting these energy efficiency requirements. This has led to a significant demand for these panels in North America's building sector, especially in the United States and Canada. For example, in the United States, the demand for composite insulated panels is driven by the need to meet the energy codes set by the International Energy Conservation Code (IECC) and the Leadership in Energy and Environmental Design (LEED) certification. These codes and certifications encourage the use of high-performance building materials, including composite insulated panels, to achieve energy savings and reduce environmental impact.
Moving on to the fastest-growing region in the global composite insulated panels market , Asia Pacific stands out prominently. The region's rapid urbanization, expanding construction sector, and increasing focus on energy efficiency have fueled the demand for composite insulated panels. Asia Pacific is witnessing a surge in infrastructure development, particularly in countries like China and India. The construction of residential, commercial, and industrial buildings requires efficient insulation solutions, driving the adoption of composite insulated panels. These panels offer a versatile and cost-effective solution, enabling faster construction while ensuring superior thermal insulation. For instance, in China, the government's initiatives to promote sustainable construction and energy-efficient buildings have created a significant market for composite insulated panels. The "Green Building Action Plan" and the emphasis on reducing carbon emissions have led to the widespread adoption of these panels in China's construction industry. In addition, countries like India, with their growing population and increasing urbanization, are witnessing a rise in demand for energy-efficient buildings. Composite insulated panels play a vital role in meeting this demand by providing effective thermal insulation, reducing energy consumption, and enhancing the overall sustainability of structures.
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The competitive landscape of the global composite insulated panels market is characterized by a range of players striving to establish their market presence and gain a competitive edge. Key market participants include leading manufacturers, suppliers, and distributors who offer a wide variety of composite insulated panels catering to diverse industry requirements. These companies focus on product innovation, technological advancements, and strategic partnerships to enhance their product portfolios and expand their customer base. Additionally, competitive rivalry is driven by factors such as pricing strategies, quality assurance, customer service, and brand reputation. The market also witnesses the entry of new players seeking to capitalize on the growing demand for composite insulated panels, which further intensifies the competition. Overall, the competitive landscape is dynamic and pushes companies to continuously innovate and differentiate their offerings to maintain their position in the market.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Deployment mode team that Collects, Collates, Co-relates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analyses, the global composite insulated panels market is witnessing steady growth due to factors such as increasing construction activities, rising demand for energy-efficient building solutions, and strict regulations promoting sustainable construction practices. Moreover, technological advancements and innovations in composite materials are further driving market growth. With the growing focus on sustainability and energy efficiency, the global composite insulated panels market is expected to witness significant growth in the coming years.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 0.47 Billion |
| Market size value in 2033 | USD 0.79 Billion |
| Growth Rate | 6% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Composite Insulated Panels Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Composite Insulated Panels Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Composite Insulated Panels Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Composite Insulated Panels Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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