Structural Insulated Panels Market Size, Share & Trends 2031
Structural Insulated Panels Market Size, Share & Trends 2031
Segments - Structural Insulated Panels Market 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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| Report ID :CM-2560
| 4.6 Rating
| 62 Reviews
| 150 Pages
| Format :
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.
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Attributes |
Details |
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Report Title |
Structural Insulated Panels Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Application (Building Roof, Building Wall, and Cold Storage), Products (Rigid Polyurethane & Rigid Polyisocyanurate Panel, Glass Wool Panel, Expanded Polystyrene Panel, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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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.
Table Of Content
1. Executive Summary2. 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 (000’ 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
Methodology
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