Chemicals & Materials

Kingspan Group

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
Kingspan Group - Chemicals & Materials showcase

Year Founded & Workforce

1965-12-31

13,500 Employees

Industry

Chemicals & Materials

Services

K

Kingspan Group Overview

Company Headquarters: Ireland

Founded: 1966

Workforce: ~13,500

Company Working: Kingspan Group is one of the leading providers of sustainable building solutions across the world. It is engaged in manufacturing insulation and building envelopes. The group offers customers a range of products, including rigid insulation boards, insulated roofs, walls, facade systems, insulated panels, access floors, steel frames, and timber frame off-site solutions. It operates through five product segments, namely, insulated panels, access floor, environmental, insulation boards, and light and air. Its insulating panels segment comprises a range of roof and wall panel systems. The group sells mineral wool steel sandwich panel products through this segment. Its products have applications in the commercial & industrial, residential, and office & data sectors. It also offers zero and low carbon solutions to the private and public sectors. Kingspan Group operates through two end use categories, namely, new build and refurbishment. It has completed several projects to improve the energy-efficiency in several manufacturing sites. The group has 129 manufacturing facilities across Europe, Asia-Pacific, and the Americas and a presence in more than 70 countries worldwide.

Strategy

Kingspan Group aims to retain its position in the global market by focusing on mergers and acquisitions, developing innovative and patent-protected proprietary technology, and manufacturing products for reducing the cost of production and meeting the environmental regulations and greenhouse gas emissions targets. It is working on increasing its product development. Furthermore, every year, the group invests 1% of its revenue in research & development to create industry-leading next-generation products and solutions.

Company Snapshot

$4,399.2M

Revenue

13,500

Employees

1965-12-31

Founded

Ireland

Headquarters

SWOT Analysis

Strengths

  • Wide portfolio
  • Subsidiaries and joint ventures in more than 80 countries
  • Diverse product portfolio
  • Strong presence in mainland Europe

Weaknesses

  • Lower investments in research and development as compared to others
  • Limited presence in the water & energy market segment
  • Dependence on Europe for revenue generation

Opportunities

  • New product development
  • Lower the inflation rate
  • Expansion through strategic mergers and acquisitions
  • Scope for collaborations and partnerships with government authorities

Threats

  • Volatile raw material prices
  • Fluctuating currency exchange rate risks
  • Changing internal trade policies

Key Developments

DateApproachDevelopment
January 2018Product ExpansionKingspan has introduced GreenGuard Type VII XPS Insulation Board for high loadbearing engineered applications requiring insulation with a minimum compressive strength of 60 PSI. The insulation board finds application in commercial roofing projects.
June 2018Joint VentureKingspan formed a joint venture with Jindal Megtec, an Indian manufacturer of insulated wall, roof and facade systems, to increase its market in India, Bangladesh, Sri Lanka, Nepal, and Bhutan. This JV would help Kingspan in terms of warehouses and cold storages facilities to cater modern construction methods such as high-rise buildings airport roofs.
Dec 2017AcquisitionKingspan group announced the acquisition of Isoeste, Synthesia group, Balex Metal sp. z.o.o. ("Balex") and Brakel Group, at over USD 700 million, in order to enhance its existing businesses and geographic footprint and increase concentration on its on‐going innovation pipeline and the development of next generation insulation.
Nov 2016AcquisitionKingspan acquired Essman, a German company, for increasing its focus on industrial and commercial markets

Product Offering

  • Kingspan Group
    • Insulated panels
    • Roof and Wall Panels

Financial Performance

A plan for every need

Forecast+

Get unlimited access to forecasts, charts, and company data across every research report on Wantstats.

USD200/mo

About the Author

Wantstats Research Team

Wantstats' research desk profiles Kingspan Group as part of our ongoing coverage of the Chemicals & Materials sector, drawing on public company data, filings, and market intelligence.

Powering the world's best teams.
From next-gen startups to established enterprises.

Google logo
Amazon logo
Microsoft logo
Intel logo
Neste logo
McKinsey & Company logo
Deloitte logo
Accenture logo
Oracle logo
PWC logo
EY logo
Honeywell logo

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Kingspan Group

Starting from
$4,950