Allied Market Research
Loading...
0

Structural Insulated Panels Market Expected to Reach $786.6 Million by 2030-Allied Market Research

 

Report Code : A12443

quote the structural insulated panels market has observed significant growth in the past decade. Rise in demand of green building for lowering the energy consumption and development of cold storage infrastructure are the key factors that are likely to provide potential growth opportunities for the market during the forecast period. Furthermore, government initiatives for new energy-efficient homes and rise in demand for warehouses & distribution centers for e-commerce industry are expected to positively impact the structural insulated panels market. quote

Amar Chinchane
Lead Analyst, Construction and Manufacturing at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, Structural Insulated Panels Market by Product Type, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global structural insulated panels market size was valued at $458.1 million in 2020, and is projected to reach $786.6 million by 2030, registering a CAGR of 5.5% from 2021 to 2030.

Structural insulated panels are widely preferred in walls & roofs and cold storage facilities. Rise in construction of residential & commercial buildings as well as warehouses is expected to offer remunerative lucrative opportunities for the global market. In addition, surge in demand for green buildings and need for eliminating heat transfer from external environment through conduction, which, in turn, reduces the energy expenditure on cooling of building structure.  In addition, rapid expansion of the e-commerce industry, which demands for warehouses and distribution centers is likely to create ample of opportunities for the market. For instance, in March 2021, Amazon is building its new 1,30,000 square foot distribution center in Hollister, California.

The structural insulated panels market is analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America has dominated the market, due to increase in demand from residential sector and cold storage industry. UAE has established itself as the region's food import and trade powerhouse. As a result, it is witnessing increased expenditure in cold storage and cold logistics chain, which drives the demand for structural insulated panels. Asia-Pacific is expected to grow at the fastest rate, due to rapid increase in construction of green buildings and increase in awareness of benefits of insulated building structures.

However, during the pandemic, various manufacturers in the structural insulated panels market had to stop their business in countries such as China, the U.S., and India. In addition, lack of technology constricted supply of machines of structural insulated panels. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of structural insulated panels companies.

The key players profiled in the structural insulated panels market report include Owens Corning, PFB Corporation, Premier Building System, Rautaruukki Corporation, T. Clear Corporation, ACME Panels, American Insulated Panel, Extreme Panel Technologies, Inc., InGreen Systems, and Kingspan Group PLC.

Key Findings Of The Study

  • The report provides an extensive analysis of the current and emerging structural insulated panels market trends and dynamics. 
  • Depending on product type, the polystyrene panels dominated the structural insulated panels market, in terms of revenue in 2020.
  • By application, the walls & floors segment registered highest revenue in 2020.
  • Residential sector is projected to register highest growth rate in the coming years.
  • The key players within the structural insulated panels market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the structural insulated panels industry.
  • The report provides an extensive analysis of the current trends and emerging opportunities of the market. 
  • In-depth structural insulated panels analysis is conducted by constructing estimations for the key segments between 2021 and 2030.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Tushar Nagose
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Structural Insulated Panels Market by Product Type (Polystyrene, Polyurethane Panels & Polyisocyanurate Panels, Glass Wool, and Others), Application (Walls & floors, Roofs, and Cold Storage) and End User (Residential and Nonresidential): Global Opportunity Analysis and Industry Forecast, 2021–2030 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 3,718 niche industries and company profiles on more than 12,953 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Jan 2021

Surgical Equipment Market

Download Sample
rep-img

Published Date Nov 2020

Medical Implant Market

Download Sample
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Structural Insulated Panels Market"
Purchase Enquiry