Loading...

COVID‑19 Alert: Stay home if you feel unwell. If you have a fever, cough and difficulty breathing, seek medical attention. Follow the directions of your local health authority. Source WHO

We have a lockdown, "Working from HOME" Please reach out for any queries at: help@alliedmarketresearch.com & Int'l : +1-503-894-6022, (UK) : +44-845-528-1300

U.S. and Mexico Insulated Panels Market Expected to Reach $1,011.8 million by 2026

 
 

quote The insulated panel manufacturers and research institutions are investing on technological advancements of insulated panels. Some of the advancements include enhanced energy conservation, better moisture & pest resistance, improved strength, and greater versatility in building design. quote

According to Eswara Prasad
Manager, Material and Chemical at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

U.S. and Mexico Insulated Panels Market Report, published by Allied Market Research, forecasts that this market was valued at $633.7 million in 2018 and is estimated to reach $1,011.8 million by 2026, growing at a CAGR of 5.9% from 2019 to 2026.

Insulated panels are prefabricated high-performance structures used in the construction of walls, floors, ceilings, and roofs. The use of insulated panels in the construction industry replaces the conventional stick frame construction. These panels are preferred over conventional building material as they provide high performance and green building qualities, which help in saving the construction time, money, and labor. Insulated panels are manufactured by sandwiching an insulated foam between two skin layers. Polyurethane and polystyrene are some of the commonly used insulated foam materials in insulated panels. 

Cold storage is a major end use of insulated panels, as the demand for cold storage for frozen poultry & meat, ice-cream & dairy products, frozen fruits & vegetables, and chemical storage is increasing due to rapid industrialization in the Mexico region.

The factors driving the growth of the U.S. and Mexico insulated panels market include high-paced urbanization and globalization and increase in demand for refrigerated vehicles and cold storage containers. However, vulnerability to pests and susceptibility to moisture are expected to hamper the structure of insulated panels. As a result, this factor is expected to restrain the growth of the market. The eco-friendly nature of insulating panels is expected to provide a major opportunity for market expansion.

The U.S. and Mexico insulated panels market is segmented based on foam type, skin material, end-use industry and country. Based on foam type, the market is segmented into polyurethane foam, polystyrene, and others.

The polystyrene material-based insulated panels market is anticipated to witness swift growth owing to its excellent properties such as high-insulation, fire resistance, moisture and chemical inertness, lightweight nature, and high compressive strength compared to other foam types.

On the basis of skin material, the market is segmented into steel—steel, steel—cardboard, cardboard—cardboard, and others. The steel—steel insulated panels segment is projected to dominate the other segments, owing to its high strength, and corrosion resistance, which increases the life span of the overall insulating panel.

Based on the end-use industry, the market is divided into construction, warehouses, cold storage, and others. Cold storage is expected to register the highest CAGR during the analysis period, owing to the rapid growth in supermarket, convenience stores, butchery, and processing area in various food industries and restaurants. Increase in use of insulated panels in cold storage and other distribution channels is expected to offer growth to the market.

Key Findings of U.S. and Mexico Insulated Panels market:

  • The polyurethane segment accounted for a share of nearly 31% in the U.S. and Mexico Insulated Panels market in 2018.
  • The cold storage segment is anticipated to grow with the highest CAGR throughout the forecast period. 
  • In U.S. and Mexico insulated panels market share, Mexico accounted for more than 35% of the U.S. and Mexico insulated panels market in 2017.
  • The Mexico is anticipated to grow at the highest rate in the U.S. and Mexico insulated panels market during the forecast period, followed by U.S.
  • In U.S. and Mexico insulated panels market size, the U.S. accounted for $414.5 million in 2018 and is anticipated to reach $650.3 million by 2026, growing with a CAGR of 5.7% during the forecast period. 

The key players profiled in this report include Centria, All Weather Insulated Panels, Butler Manufacturing, Laminators Inc., Advanced Insulation Concepts Inc., Alply Inc., Green Span Profiles, Industrias Unypanel SA DE CV, Metecno SPA, and Ecostruct Panel Systems. 

In order to stay competitive in the market, these market players are adopting strategies such as product launch and business expansion. In an instance, All Weather Insulated Panels launched OneDek insulated panel wall systems. On February 2018, Centria launched Formwall insulated panels with halogen free foams to enhance its product portfolio. On August 2016, Centria launched MetalWrap Integrated series and Long span series, further expanding its insulated composite backup panels. 
 

 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote U.S. and Mexico Insulated Panels Market by Foam Type (Polyurethane Foam, Polystyrene, and Others), Skin Material (Steel-steel, Steel-cardboard, Cardboard-cardboard, and Others), and End-user Industry (Construction, Warehouses, Cold Storage, and Others): Opportunity Analysis and Industry Forecast, 2019-2026 quote

View Report
 
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"U.S. and Mexico Insulated Panels Market"
Purchase Enquiry

X