July 24th,2023/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Composite Insulated Panels Market over the trend period from 2015 to 2020 and forecast period from 2021 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Composite Insulated Panels Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Composite Insulated Panels Market is likely to witness an impressive CAGR of 6% during the forecast period.
Key Players:
The Composite Insulated Panels Market is segmented by–
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Regional analysis:
North America dominates the composite insulated panels market. The region is expected to continue its leading position during the forecast period as well. Some of the major factors driving the regional growth are high consumer awareness, early acceptance, and government support for energy-efficient and green constructions, which have supported the product growth in the region. Furthermore, the commercial availability of the product coupled with easy installation guidelines provided by the key players is likely to support the market growth. On the other hand, owing to increasing construction activities backed with rising investments from foreign multinationals, the Asia-Pacific region is expected to depict the highest growth over the forecast period.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
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The composite insulated panels market is expected to witness an impressive growth of 6% CAGR in the foreseeable future.
Polyurethane-based insulated panels dominated the composite insulated panels market.