Composite Insulated Panels Market size is expected to grow at a CAGR of 6.5% during 2020-2025.
Major Players In the market includes Jingxue, Balex, Nucor Building Systems, Multicolor, TATA Steel, Pioneer India, RigiSystems, Hoesch, ArcelorMittal, Dana Group, BCOMS, Alubel, Zamil Vietnam, AlShahin, Ruukki, Metecno and Panelco.
Jun 2020-Kingspan Planet Passionate 2030 - 10 year sustainability programmer there have been greater awareness and momentum on climate change over the past number of years, it hasn’t resulted in increased action. The recent UN Emissions Gap Report 2019 highlighted that there are now on the brink of missing the opportunity to limit global warming to 1.5°C by the end of this century. Their actions in this decade will have profound implications on planetary and societal wellbeing. Collectively, through commitments, stronger policies and actions we must now deliver a 7.6% emissions reduction every year between 2020 and 2030. Addressing this mammoth challenge requires urgent transformational action across all sectors.
METECNO- The investment refers to the installation of a brand-new production line of sandwich panels, comprising a state-of-art foaming unit and a sophisticated steel-handling section. The new production line – with a yearly capacity of 2.000.000m2 in PUR and PIR High Index panels – will be fully active by April 2018, providing Metecno Bulgaria a total yearly capacity of 3.000.000m2 in PUR/PIR panels and 800.000m2 in Mineral Wool panels. Metecno goals are to improve the production capacity and flexibility, to widen its range of products, to maintain a high-quality production level and to provide an excellent service to its customers, as per the well-established tradition of the Group.
Composite insulated panels are among the most lightweight and flexible construction materials available in the market. Composite insulated panels, also known as sandwich panels, consist of layers of thin covering sheets with a core in between them. The individual layers are firmly connected, hence, referred to as a composite. The outer shell of this panel, generally, is composed of galvanized steel sheet and the inner shell can be made from galvanized steel sheet, stainless steel, aluminum sheets or glass-fiber reinforced plastic.
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