U.S. and Mexico Insulated Panels Market by Foam Type (Polyurethane Foam, Polystyrene, and Others); By Skin Material (Steel-steel, Steel-cardboard, Cardboard-cardboard, and Others); By End-user Industry (Construction, Warehouses, Cold Storage, and Others); By Region (US and Mexico) – Analysis of market share, size & trends for 2016-19 and forecasts to 2030
Insulated panels are high-performance building elements that are deployed to enhance energy efficiency when constructing the walls, roofs, floors, cold storage, and cooled structures of carriers. Such panels are among the substitutes for the traditional frame designs and are produced by placing solid foam insulation substance between two panels. Several designs are provided by insulated panels.
US & Mexico Insulated Panels is anticipated to reach USD 1205.35 million in 2030 from USD 744.35 million growing at a CAGR of 5.6% during the forecast period. The market is expected to grow on the back of the following reasons. Insulating panels are useful as they provide improved energy storage, increased reliability, quick construction, fireproof protection, and better acoustic and vibration protection at a cost-effective price.
US & Mexico Insulated Panels Market: Segments
Increasing demand for Polystyrene foam
US & Mexico Insulated Panels Market on the basis of foam type is segmented into polyurethane foam, polystyrene foam, and others. The polystyrene foam dominated the market with XX% share in 2019 and is expected to grow at highest CAGR over the forecast period. Owing to polystyrene being cost-effective, better thermal resistance and same amount of insulation is offered by less thick layer, thereby pushing the demand for insulated panels.
US & Mexico Insulated Panels Market: Market Dynamics
• Rising demand from Construction Industry
Strong demand for IPs in the construction industry to be used as high-performance constructive panels is a significant factor for the growth of insulation panel industry. The use of a system to reduce power consumption to maintain core temperature seems to be another crucial component for the insulated panel industry. Since they are well segregated and permit airtight construction, insulated panels require energy efficient construction rather than conventional construction methods.
• Trending Green Buildings
Recent analysis reveals that the green building sector has remained on the rise, with substantial growth anticipated over the coming years. Nearly 50% of the people surveyed state that they plan to switch to green buildings in more than 60% of their ventures in few years.
US & Mexico Insulated Panels Market: Region
US & Mexico Insulated Panel Market is segmented on the basis of regional analysis into two major regions. These include US and Mexico. Geographically, US dominated the market in 2019 and is expected to continue dominating the market over the forecast period, owing to rapid increase in the activities of construction sector, spur in demand for cold storages from significant end-users, supportive government policies and prevalence of major players in the region.
• All Weather Insulated Panels
o Company overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Alply Inc.
• Laminators Inc.
• Advanced Insulation Concepts Inc.
• Industrias Unypanel SA DE CV
• Ecostruct Panel Systems
• Green Span Profiles
• Butler Manufacturing
• Metecno SPA
US & Mexico Insulted Panel Market Report also contains an analysis on:
• US & Mexico Insulted Panel Market by segment:
• By Foam Type
• By Skin Material
• By End-user Industry
o Cold Storage
• By Region
· US & Mexico Insulated Panel Market Size
· US & Mexico Insulated Panel Market Dynamics
· Supply and Demand
· Current Issues/trends/challenges
· Competition and Companies Involved in the Market
· Value Chain of the Market
· Market Drivers and Restraints