2025 marked another year of tremendous growth in our Insulated Building Envelopes segment.
Against the backdrop of challenging new build construction markets, our energy efficient product suite continues to outperform underlying activity as increased product penetration is supplemented by new product introductions and geographic expansion.
New manufacturing facility opened in Mattoon, Illinois. The plant will focus on producing Kingspan K-Roc® mineral fibre products.
Kingspan launched PowerPanel® 2.0
PowerPanel® 2.0 is an integrated PV solution that combines our industry-leading QuadCore® insulated panel with advanced solar technology. PowerPanel® is one of the first systems globally to earn the FM Approved mark to FM 4478.
Having initially launched in Ireland and Britain, we intend to launch in continental Europe during 2026.
In terms of global expansion, new panel facilities were opened in Germany, Australia, New Zealand, Paraguay and Illinois (USA) to support market penetration.
Assured Warranty
Structural and thermal performance of the QuadCore® panel covered for up to 25 years. The external coating is warrantied for up to 40 years.
The PV module covered for up to 25 years and up to 30 year linear power warranty.
Further progress on the full spectrum insulation.
2025 marked a year of progress in our full spectrum offering. We increased our stake in Steico, a global leader in wood fibre insulation.
Our R&D teams are working on a panel solution with a non-fibrous, non-combustible core using our propriety geopolymer. This year, we also launched an A-Class acoustic solution from Troldtekt® in Denmark. Under the theme of circularity, successful trials were carried out to convert polyester textile waste to a polyol which can be incorporated into insulation.
The Full Spectrum
US roofing facilities poised to open
Our roofing plan gained momentum this year as we took full ownership of Nordic Waterproofing, a leading producer of waterproofing products in Europe.
Our US organic plans continued apace with production trials for polyiso board and TPO membrane initiated in Oklahoma. PVC membrane and further polyiso production will follow short-term in Maryland.
Built Up Roof System
- PVC / TPO membrane
- Adhesive
- QuadCore® / PIR insulation
- Vapour barrier
- Roof deck
Customers face increasing complexity in today’s construction landscape.
Energy efficiency of buildings, speed of construction and labour availability are major challenges for our customers. Kingspan Insulated Building Envelopes help deliver effective solutions for all these issues.
Annual improvement in Global Buildings Climate Tracker must accelerate to 2x the rate originally envisaged to meet the targets of the 2015 Paris Agreement (United Nations Environment Programme, 2025).
Reduction in energy consumption
for certified buildings – lowering operating costs. (Facilitate, 2025).
Potential financial incentives
Access to tax credits, grants, and rebates.
Incentives exist across European countries and many US States, such as:
- New York offers a property tax exemption for green buildings that meet LEED certification standards and also a one-time property tax abatement equal to $10/sq ft of green roof space;
- Cincinnati offers property tax abatements for buildings constructed or renovated to meet LEED certification standards;
- France’s Green Fund provides over €1bn in cash grants to finance work on the building envelope, including insulation and roofing;
- Ireland awards cash grants to SMEs of up to €450,000 per site to reduce their GHG emissions; and,
- Poland’s Ecological Credit under the FENG programme offers grants for activities related to energy efficiency, such as thermal modernisation for SMEs.
One of the critical bottlenecks in many developed construction markets is the availability of skilled tradespeople.
Employment trend in Europe construction by age group, 2004-2025
of US Contractors expect lack of skilled labour to negatively impact the business in the next 12 months (Dodge, 2025).
of 29 European countries examined are experiencing shortages in engineering and construction sectors (European Labour Authority, 2025).
MOBIL HOME
Venansault, France
Insulated Building Envelopes
JI 45-333-1000 roofing sheet; JI 56-225-900 steel deck; JI Z140 Z-purlins; JI SF Wall 1000 panel; JI Grégale 300 facade; JI 10-100-1100 steel profiles; JI 35-207-1035 wall sheet
Insulated Building Envelope
With attractive platforms across all product categories, Kingspan is well placed to continue to outgrow underlying construction markets.
Benefitting from Compounding Market Growth
Revenue multiplied by 3.1x1
12.0% CAGR1
EBITDA multiplied by 3.6x1
13.6% CAGR1
Trading Profit multiplied by 3.5x1
13.3% CAGR1
1. Based on the period 2015 – 2025.
Platforms in place to support attractive future growth
Change in new non-residential construction output, 2025 vs 2019 (vol)
