Press release
Metal Structural Insulation Panels Market 2018-2024 | Global Key Player : Kingspan, Thermasteel, MIB Facades Limited, Flexospan Steel Buildings, PermaTherm, LEEP Inc & more
Metal Structural Insulation Panels
Europe metal structural insulation panels market is expected to exceed USD 23 billion by 2024. Favorable government policies such as Nearly Zero Energy Buildings Program to improve the performance of commercial infrastructure is supporting the regional growth. For instance, On 30th November 2016, the European Commission proposed an update to the Energy Efficiency Directive for new construction by including a new target to improve the energy efficiency of buildings up by 30% by 2030.
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Asia Pacific metal structural insulation panels market will grow significantly owing to increased investments in R&D for construction of energy-efficient commercial & residential buildings. Industry participants are engaged in collaboration with contractors and builders to gain competitive edge. For instance, in August 2018, Kingspan announced to develop an energy-efficient warehouse for IKO Polymeric with Kingspan metal insulated panels. Kingspan collaborated with Roofdec Ltd to complete the project within the specified time and budget.
Rapid industrialization coupled with cold storage industry expansion are driving the metal structural insulation panels market. Expanding frozen & processed foods demand owing to busy lifestyle, changing food preferences, and ease in cooking is escalating the demand for cold storage applications. According to Global Cold Chain Alliance (GGCA), the global cold storage capacity has increased to 616 million m3 in 2018.
Roofs segment is expected to register CAGR over 2% up to 2024. Increasing energy efficient roofs demand in a wide range of commercial and industrial applications is driving the segment growth. In North America, the government support metal structural insulation panels roofing in the construction of by providing several federal, state, and local tax incentives for going green with insulated metal roof panels and helping in saving the energy cost.
Industry participants are expected to focus on product differentiation by enhancing the thermal insulation through technological advancements and significant R&D investment. For instance, Kingspan?s R&D investment grew from USD 27.4 million in 2016 to USD 30.7 million in 2017. Manufacturers are expected to form long term collaboration with raw material suppliers to reduce the overall operating cost & improve profit margin.
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Key players in the metal structural insulation panels industry include Tata Steel, Kingspan, Thermasteel, MIB Facades Limited, Flexospan Steel Buildings, PermaTherm, LEEP, Inc., and Direct Metals Co., LLC. Partnerships and joint ventures are among the prominent strategies adopted by the industry participants for improving their market share. For instance, in May 2018, Jindal Mectec announced a strategic collaboration with the Kingspan for the development of proprietary insulation core technologies to increase their market share.
Table of Content:
Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Metal structural insulation panels industry 360 degree synopsis, 2013 -2024
2.1.1. Business trends
2.1.2. Application trends
2.1.3. End-use trends
2.1.4. Regional trends
Chapter 3. Metal Structural Insulation Panels Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.4. Technology landscape
3.5. Consumer buying behavior
3.6. Regulatory landscape
3.8. Industry impact forces
3.9. Growth potential analysis, 2017
3.10. Competitive landscape, 2017
3.11. Porter's analysis
3.12. PESTEL analysis
Chapter 4. Metal Structural Insulation Panels Market, By Application
4.1. Global metal structural insulation panels market share by application, 2017 & 2024
4.2. Walls
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013-2024
4.3. Roof
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013-2024
Chapter 5. Metal Structural Insulation Panels Market, By End-use
5.1. Global metal structural insulation panels market share by end-use, 2017 & 2024
5.2. Residential
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013-2024
5.3. Commercial
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013-2024
5.4. Non-building
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by region, 2013-2024
Chapter 6. Metal Structural Insulation Panels Market, By Region
Chapter 7 Company Profiles
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Related Report:
Global Structural Insulation Panels (SIPs) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023
A Structural Insulation Panel (SIP) is a form of sandwich panel used in the construction industry. SIP is a sandwich structured composite, consisting of an insulating layer of rigid core sandwiched between two layers of structural board, used as a building material. The board can be sheet metal, plywood, cement, magnesium oxide board (MgO) or oriented strand board (OSB) and the core either expanded polystyrene foam (EPS), extruded polystyrene foam (XPS), polyisocyanurate foam, polyurethane foam or composite honeycomb (HSC).
https://www.marketstudyreport.com/reports/global-structural-insulation-panels-sips-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023
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