Insulated Roof Panels Market Size and Growth Rate:
According to the recent research reports published by Research Cosmos, Insulated Roof Panels Market is expected to reach USD 10.85 billion by 2021 growing at a CAGR of 4.3% during the forecast period 2017 to 2021.
Insulated Roof Panels Market Overview:
The insulated roof panels are the modern way of building methods involved in the construction sector. These are designed in a systematic manner where it allows airtight construction with more priority than the traditional methods. The insulated roof panel has superior property such as absorbing the sound. They act as sound proof materials and enhance the reduction of noise pollution for the buildings.
Insulated Roof Panels Market - Growth Opportunities, Challenges and Restraints:
The increasing disposable income both in developed and developing countries with shifting trend towards luxury lifestyle is prominently driving the growth of the market. They emit less harmful gases into environment, which are considered as eco-friendly construction method is also additionally outshining the market demand.
However, the lack of skilled labor in efficiently making use of these panels is hampering the growth of the market. The lack of awareness about the benefits of insulated roof panels is remained as a challenging factor in the market to grow further.
The on-going research to develop advanced technologies so as to increase the demand in new constructional fields is sustaining the growth opportunities of the market. The stringent rules and regulations by government are also popping up the chances for the market to grow.
Flat roof segment is dominating the market shares with its advanced features applicable in varied construction methods. The other segment is pitched roof and is expected to have inclined curve during the foremost time span.
Insulated Roof Panels Market – Geographical Analysis:
Regionally, Europe witnessed the dominant revenue shares of the market, owing to implementing innovative techniques in the constructions of buildings and improving the features of the insulate roof panels rapidly. Asia Pacific and North America are contributing their shares with introduction of new government policies and elevated to grow steadily in the forecast period.
Some of the promising companies leading the Insulated Roof Panels Market are:
- Metal Span
- Kingspan Panel
- Star Building
- ATAS International
- Ceco Building
- Green Span
This research report includes following segmentation for the Insulated Roof Panels Market size and forecast until 2021:
Insulated Roof Panels Market – By Type:
- Batts & Rolls
- Rigid Insulation
- Spray Applied
- Reflective Systems
Insulated Roof Panels Market – By Industry:
Insulated Roof Panels Market – By Geographical Segmentation:
- North America
- United Kingdom
- South Korea
- Latin America
- Middle-East & Africa