PIR Insulation Foam Panels Market was valued at USD 2.02 Billion in 2022 and is projected to reach USD 3.50 Billion by 2030, growing at a CAGR of 7.00% from 2024 to 2030.
The PIR (Polyisocyanurate) Insulation Foam Panels market has experienced notable growth from 2018 to 2022, driven by the increasing demand for energy-efficient building materials and advancements in construction technologies. Over the past few years, the market has seen a surge in applications in both residential and commercial sectors. PIR foam panels are highly valued for their superior thermal insulation properties, low thermal conductivity, and excellent fire resistance. These characteristics have made them a preferred choice in the construction of energy-efficient buildings and industrial structures. The period between 2018 and 2022 saw significant market expansion, with key players focusing on innovative product offerings to meet stringent energy efficiency standards.
However, the demand for PIR Insulation Foam Panels is expected to witness even greater momentum from 2023 to 2033. As the global construction industry embraces sustainability and energy-saving measures, the need for high-performance insulation solutions is growing. Governments across various regions are tightening regulations on building energy consumption, further propelling the adoption of advanced insulation materials like PIR foam panels. In addition to traditional uses in walls, roofs, and floors, PIR foam panels are also gaining traction in niche applications such as cold storage and refrigerated warehouses. The rising awareness regarding energy efficiency, coupled with the increasing construction of green buildings, is anticipated to drive the market forward over the next decade.
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Kingspan
Metecno
NCI Building Systems
Assan Panel
Isopan
ArcelorMittal
TATA Steel
Romakowski
Lattonedil
Silex
Marcegaglia
Ruukki
Italpannelli
Tonmat
Nucor Building Systems
Changzhou Jingxue
Alubel
Zhongjie Group
BCOMS
TENAX PANEL
Charng Wei Waterfroofing
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global PIR Insulation Foam Panels Market
Industrial Field
Construction Field
Others
Based on Types the Market is categorized into Below types that held the largest PIR Insulation Foam Panels market share In 2023.
Below 20mm
20 to 50mm
Over 50mm
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global PIR Insulation Foam Panels Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global PIR Insulation Foam Panels Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global PIR Insulation Foam Panels Market, By Type
6. Global PIR Insulation Foam Panels Market, By Application
7. Global PIR Insulation Foam Panels Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global PIR Insulation Foam Panels Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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