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Structural Insulated Panels Market Size, Share & Trends 2031

Structural Insulated Panels Market

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Segments - by Application (Building Roofs, Building Walls, and Cold Storage), Products (Rigid Polyurethane [PUR] & Rigid Polyisocyanurate Panel [PIR], Glass Wool Panel, Expanded Polystyrene Panel [EPS], and Others [Extruded Polystyrene Foam]), and Region (Asia Pacific, North America, Europe, South America, and Middle East & Africa). Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Raksha Sharma

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Vineet Pandey

Editor :

Rucha Phatak

Report Description

Structural Insulated Panels Market Outlook 2031

The global structural insulated panels market size was valued at USD 446.51 million in 2022 and is anticipated to reach USD 692.68 million by 2031 register a high CAGR 5% during the forecast period, 2023–2031. The growth of the market is attributed to rising infrastructure developments.Structural insulated panels are house kits made of insulating foams that are used as a construction material for the building of walls, roofs, and storage.

These are estimated to be more energy-efficient than standard wood construction as they provide supreme insulation and airtightness once erected also reduce energy expenditures over the building's lifetime due to this factors these products are in large demand. SIPs are susceptible to moisture issues, which can lead to mold and decay over time. As a result, building a house with SIPs requires dry weather.

A structural insulated panels is manufactured in a facility under strict guiding principle so these panel can be built to meet almost any building design which can bring a result that is structurally sound, energy-efficient, and cost-effective building systems these properties of structural insulated panels are attracting the interior decorator, architect, constructors, and house buyers.

Structural Insulated Panels Market Trends, Drivers, Restraints, and Opportunities

Increasing usage of environment friendly products in construction and consumers shifting preferences for sustainability by reducing pollution that harms renewable natural resources is driving the market for structural insulated panels.
Rising trend for home improvement among customers is projected to fuel the market during the forecast period.
Home lifting & shifting and mobile house concepts where modifying homes which can be mobile are getting popular and fueling the demand.
Rapid construction with less labor and high long-term value is estimated to create significant opportunities for the market players

Scope of The Structural Insulated Panels Market Report

The report on the global structural insulated panels market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Structural Insulated Panels Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Application (Building Roof, Building Wall, and Cold Storage), Products (Rigid Polyurethane & Rigid Polyisocyanurate Panel, Glass Wool Panel, Expanded Polystyrene Panel, and Others)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	PFB Corporation; Kingspan Group; Owens Corning; Rautaruukki Corporation; Premier Building Systems

Structural Insulated Panels Market Segment Insights

The expanded polystyrene panel is estimated to account for a major market share

Based on product types, the structural insulated panels market is fragmented into rigid polyurethane & rigid polyisocyanurate panel, glass wool panel, expanded polystyrene panel, and other products (extruded polystyrene foam). The expanded polystyrene panel (EPS) is expected to represent a key share of the market due to large-scale use in commercial construction.

The cold storage segment is expected to grow at a significant pace

In terms of application, the structural insulated panels market is segregated into building roofs, building walls, and cold storage. The cold storage segment is expected to hold a major share of the market during the forecast period attributed to its high thermal resistance and minimal air infiltration. However, the building wall segment is anticipated to expand at a rapid pace during the forecast period owing to factors such as fast and easy to build that dramatically reduce construction waste.

North America is anticipated to dominate the market share

On the basis of regions, the structural insulated panels market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is estimated to dominate the market in the coming years. Growing infrastructure in countries such as China and India these high-performance building systems are gaining popularity.

Segments

Applications

Building Wall
Building Roof
Cold Storage

Products

Rigid Polyurethane (PUR) & Rigid Polyisocyanurate Panel (PIR)
Glass Wool Panel
Expanded Polystyrene Panel (EPS)
Others (Extruded Polystyrene Foam)

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

PFB Corporation
Kingspan Group
Owens Corning
Rautaruukki Corporation
Premier Building Systems

Competitive Landscape

Key players competing in the structural insulated panels market include PFB Corporation; Kingspan Group; Owens Corning; Rautaruukki Corporation; and Premier Building Systems

The majority of industry leaders are forward integrated, which means they manufacture structural insulated panels as well as provide installation and maintenance services. As With increasing demand companies are expanding their production capacity to leverage their market position.

Structural Insulated Panels Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Structural Insulated Panels Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Structural Insulated Panels Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Structural Insulated Panels Market - Supply Chain
  4.5. Global Structural Insulated Panels Market Forecast
     4.5.1. Structural Insulated Panels Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Structural Insulated Panels Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Structural Insulated Panels Market Absolute $ Opportunity
5. Global Structural Insulated Panels Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Structural Insulated Panels Market Size and Volume Forecast by Applications
     5.3.1. Building Wall Building Roof Cold Storage
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Structural Insulated Panels Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Structural Insulated Panels Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Structural Insulated Panels Demand Share Forecast, 2019-2026
7. North America Structural Insulated Panels Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Structural Insulated Panels Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Structural Insulated Panels Market Size and Volume Forecast by Applications
     7.4.1. Building Wall Building Roof Cold Storage
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Structural Insulated Panels Demand Share Forecast, 2019-2026
8. Latin America Structural Insulated Panels Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Structural Insulated Panels Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Structural Insulated Panels Market Size and Volume Forecast by Applications
     8.4.1. Building Wall Building Roof Cold Storage
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Structural Insulated Panels Demand Share Forecast, 2019-2026
9. Europe Structural Insulated Panels Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Structural Insulated Panels Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Structural Insulated Panels Market Size and Volume Forecast by Applications
     9.4.1. Building Wall Building Roof Cold Storage
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Structural Insulated Panels Demand Share Forecast, 2019-2026
10. Asia Pacific Structural Insulated Panels Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Structural Insulated Panels Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Structural Insulated Panels Market Size and Volume Forecast by Applications
     10.4.1. Building Wall Building Roof Cold Storage
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Structural Insulated Panels Demand Share Forecast, 2019-2026
11. Middle East & Africa Structural Insulated Panels Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Structural Insulated Panels Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Structural Insulated Panels Market Size and Volume Forecast by Applications
     11.4.1. Building Wall Building Roof Cold Storage
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Structural Insulated Panels Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Structural Insulated Panels Market: Market Share Analysis
  12.2. Structural Insulated Panels Distributors and Customers
  12.3. Structural Insulated Panels Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. PFB Corporation Kingspan Group Owens Corning Rautaruukki Corporation Premier Building Systems

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