- EPS (Expanded Polystyrene) Panel
- Rigid Polyurethane (PUR)
- Rigid Polyisocyanurate (PIR) Panel
- Glass Wool Panel
- Other Products (Extruded Polystyrene Foam)
insulated panels market is valued at approximately USD 9,364.8 million in 2022 and is predicted to exceed at a significant CAGR of 4.8% between 2023 and 2029. Green building standards and regulations that encourage the use of building insulation materials to reduce overall energy consumption and increase expenditures in the construction of cold chain infrastructure around the world are anticipated to propel the industry forward. The market is expected to develop due to the increasing use of structural insulated panels in the construction industry. The market is attributed to the rise of the construction sector, driven by urbanization, simplified utility, and decreased costs of insulated wall panels. The environmentally friendly characteristics of insulated wall panels are projected to propel the insulated wall panel market to new heights. With increasingly rigorous legislation surrounding commercial properties, developers are encouraged to keep pace with the technology to create energy-efficient buildings. In 2021, EPS is expected to be the most popular insulation material in the insulated panels market. The most popular core material is expanded polystyrene (EPS), accounting for more than 85 percent of all structural insulated panels. EPS comprises millions of small air-filled pockets in a closed-cell, moisture-resistant structure. It does not typically emit ozone-depleting chlorofluorocarbons (CFCs).
Study Period
2024-2030Base Year
2023CAGR
4.8%Largest Market
North-AmericaFastest Growing Market
Asia-Pacific
Growing demand for Green Buildings boosts the global insulated market. Increasing applications of structural insulated panels in building roofs, walls, and floors, owing to the various benefits they offer, are also boosting the growth of the global insulated panels market. However, the fiscal slowdown in some regions is expected to hamper the market growth.
By Product Type
By Application
By Geography
The CAGR of the insulated panels market is 4.8% over the forecast period (2023 - 2029)
Owens Corning., Premier Building Systems, Kingspan Group, Rautaruukki Corporation.
The Asia Pacific is the fastest-growing region for the insulated panels market
1. Executive Summary |
2. Insulated Panels Market Introduction |
2.1. Global Insulated Panels Market - Taxonomy |
2.2. Global Insulated Panels Market -Definitions |
2.2.1. By Product |
2.2.2. By Application |
2.2.3. By Region |
3. Global Insulated Panels Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Insulated Panels Market Dynamic Factors - Impact Analysis |
3.6. Global Insulated Panels Market - Competition Landscape |
4. Global Insulated Panels Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Metric Tons) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Insulated Panels Market, By Product, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.1. Expanded Polystyrene (EPS) Panel |
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Rigid Polyurethane (PUR) Panel |
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Rigid Polyisocyanurate (PIR) Panel |
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Glass Wool Panel |
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Other Products (Extruded Polystyrene Foam) |
5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6. Global Insulated Panels Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.1. Walls & Floors |
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Roof |
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Cold Storage |
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
7. Global Insulated Panels Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.1. North America |
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia-Pacific |
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Middle East and Africa |
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Global Insulated Panels Market - Opportunity Analysis Index, By Product , By Application, and Region, 2023- 2029 |
8. North America Insulated Panels Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.1. By Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.1.1. Expanded Polystyrene (EPS) Panel |
8.1.2. Rigid Polyurethane (PUR) Panel |
8.1.3. Rigid Polyisocyanurate (PIR) Panel |
8.1.4. Glass Wool Panel |
8.1.5. Other Products (Extruded Polystyrene Foam) |
8.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.2.1. Walls & Floors |
8.2.2. Roof |
8.2.3. Cold Storage |
8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
8.3.1. USA |
8.3.2. Canada |
8.4. North America Insulated Panels Market - Opportunity Analysis Index, By Product, By Application, and Country, 2023- 2029 |
8.5. North America Insulated Panels Market Dynamics - Trends |
9. Europe Insulated Panels Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.1. By Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Expanded Polystyrene (EPS) Panel |
9.1.2. Rigid Polyurethane (PUR) Panel |
9.1.3. Rigid Polyisocyanurate (PIR) Panel |
9.1.4. Glass Wool Panel |
9.1.5. Other Products (Extruded Polystyrene Foam) |
9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.2.1. Walls & Floors |
9.2.2. Roof |
9.2.3. Cold Storage |
9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Germany |
9.3.2. UK |
9.3.3. France |
9.3.4. Spain |
9.3.5. Italy |
9.3.6. Russia |
9.3.7. Rest of Europe |
9.4. Europe Insulated Panels Market - Opportunity Analysis Index, By Product , By Application, and Country, 2023- 2029 |
9.5. Europe Insulated Panels Market Dynamics - Trends |
10. Asia-Pacific Insulated Panels Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
10.1. By Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Expanded Polystyrene (EPS) Panel |
10.1.2. Rigid Polyurethane (PUR) Panel |
10.1.3. Rigid Polyisocyanurate (PIR) Panel |
10.1.4. Glass Wool Panel |
10.1.5. Other Products (Extruded Polystyrene Foam) |
10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.2.1. Walls & Floors |
10.2.2. Roof |
10.2.3. Cold Storage |
10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.3.1. China |
10.3.2. India |
10.3.3. Japan |
10.3.4. ASEAN |
10.3.5. Australia & New Zealand |
10.3.6. Rest of Asia-Pacific |
10.4. Asia-Pacific Insulated Panels Market - Opportunity Analysis Index, By Product , By Application, and Country, 2023- 2029 |
10.5. Asia-Pacific Insulated Panels Market Dynamics - Trends |
11. Latin America Insulated Panels Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
11.1. By Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Expanded Polystyrene (EPS) Panel |
11.1.2. Rigid Polyurethane (PUR) Panel |
11.1.3. Rigid Polyisocyanurate (PIR) Panel |
11.1.4. Glass Wool Panel |
11.1.5. Other Products (Extruded Polystyrene Foam) |
11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Walls & Floors |
11.2.2. Roof |
11.2.3. Cold Storage |
11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Brazil |
11.3.2. Mexico |
11.3.3. Argentina |
11.3.4. Rest of Latin America |
11.4. Latin America Insulated Panels Market - Opportunity Analysis Index, By Product , By Application, and Country, 2023- 2029 |
11.5. Latin America Insulated Panels Market Dynamics - Trends |
12. Middle East and Africa Insulated Panels Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
12.1. By Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Expanded Polystyrene (EPS) Panel |
12.1.2. Rigid Polyurethane (PUR) Panel |
12.1.3. Rigid Polyisocyanurate (PIR) Panel |
12.1.4. Glass Wool Panel |
12.1.5. Other Products (Extruded Polystyrene Foam) |
12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Walls & Floors |
12.2.2. Roof |
12.2.1. Cold Storage |
12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Gulf Cooperation Council (GCC) Countries |
12.3.2. Israel |
12.3.3. South Africa |
12.3.4. Rest of MEA |
12.4. MEA Insulated Panels Market - Opportunity Analysis Index, By Product , By Application, and Country, 2023- 2029 |
12.5. MEA Insulated Panels Market Dynamics - Trends |
13. Competition Landscape |
13.1. Strategic Dashboard of Top Market Players |
13.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis) |
13.2.1. Isopan |
13.2.2. Owens Corning. |
13.2.3. Kingspan Group |
13.2.4. F.B. Corporation. |
13.2.5. Nucor Building Systems |
13.2.6. Rautaruukki Corporation. |
13.2.7. Premier Building Systems |
13.2.8. American Insulated Panel |
13.2.9. All Weather Insulated Panels |
14. Research Methodology |
15. Key Assumptions and Acronyms |