0
2021
Structural Insulated Panels Market

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
Update Available On-Demand

A12443
Pages: 268
Jul 2021 | 2590 Views
Author(s) : Amar Chinchane , Onkar Sumant
Tables: 131
Charts: 49
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Structural Insulated Panels Market

Request Now !

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. A structural insulated panel (SIP), also known as a structural insulating panel, is a type of sandwich panels, which are used in construction and engineering industries. This consist of an insulating layer of stiff core sandwiched between two layers of structural board. The boards can be of various types such as sheet, magnesium oxide board (MgO) plywood, and cement. 

The COVID 19 outbreak has affected the growth of the structural insulated panels industry owing to the lockdown measure in the countries and delay in manufacturing and production of structural insulated panels which are utilized in residential and non-residential spaces.

The growth of the global structural insulated panels market is projected to be driven by implementation of favorable green building standards and regulations for the use of building insulation materials to reduce total energy consumption and rise in expenditure in the construction of cold chain infrastructure throughout the world. Structural insulated panels are lightweight, have an aesthetic external look, and enhance the thermal performance of buildings, hence, they have gained widespread popularity across the world. Owing to its potential to shorten total construction time, structural insulated panel is frequently utilized in the construction of warehouses. Warehouses and last-mile delivery hubs are witnessing high penetration, as the e-commerce sector expands. For instance, in September 2020, according to Dave Clark, Senior Vice President of worldwide operations at Amazon announced that the company will build 100 new distribution centers and warehouses till end of 2020. Development of the construction sector is projected to have a positive impact on the structural insulated panels market growth. 

Structural-Insulated-Panels-Market-2021-2030

Get more information on this report : Request Sample Pages

The novel coronavirus has rapidly spread across various countries and regions, causing enormous impact on lives of people and overall community. Originating as a global health crisis, it now poses significant threat to worldwide trade, economy, and finance. Owing to the continuous lockdown in key countries, the COVID-19 pandemic has halted production of many items in the structural insulated panels business.

Market players can afford a complete lockdown only for a limited period, after which they would have to alter their investment plans. Furthermore, number of COVID-19 cases are expected to reduce in the near term, as vaccine for COVID-19 has been introduced in the market. This is further expected to lead to re-initiation of structural insulated panels companies at their full-scale capacities, which would aid the market to recover by the start of 2022. As COVID-19 infection cases are declining, equipment and machinery producers are focusing on protecting their staff, operations, and supply networks to respond to urgent emergencies and establish new methods of working. 

Structural Insulated Panels Market
By Product Type

Your browser does not support the canvas element.

Polystyrene segment is projected to grow at a significant CAGR

Get more information on this report : Request Sample Pages

Get more information on this report : Request Sample Pages

Polyisocyanurate (PIR), polyurethane (PU), expanded polystyrene (EPS), extruded polystyrene (XPS), and other raw materials are utilized to make structural insulated panels. Furthermore, owing to their durability, fireproof properties, and superior surface quality, metal sheets are becoming a popular facing material. In addition, owing to rise in global warming concerns, few key players are launching global warming potential products made from XPS. For instance, in July 2020, Owens Corning launched FORMULAR NGX, which is new line of XPS foam products that deliver 90% reduction in global warming potential without compromising on the product performance. 

Furthermore, wall insulation is one of the most important aspects of improving a building's energy efficiency. Insulated walls and floors form a protective envelope that prevents heat transmission from outside via conduction and convection radiation, thus lowering energy costs for heating and cooling a structure. Increased demand from the residential sector and well-developed cold chain and logistics industry to improve social infrastructure contribute to market expansion in North America. Asia Pacific is projected to register the highest growth rate, due to rapid expansion of the residential and commercial construction sectors as well as the implementation of different green building standards. 

Structural Insulated Panels Market
By End User

Your browser does not support the canvas element.

Residential segment holds dominant position in 2020

Get more information on this report : Request Sample Pages

Get more information on this report : Request Sample Pages

The global structural insulated panels market is segmented into product type, application, end user, and region. By type, the market is categorized into polystyrene panels, polyurethane panels and polyisocyanurate panels, glass wool panels, others. Depending on application, it is fragmented into walls and floors, roofs, and cold storage. On the basis of end user, it is bifurcated into residential and nonresidential. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Competition Analysis

Key companies 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.

Structural Insulated Panels Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

North America holds a dominant position in 2020 and Asia-Pacific is expected to grow at a significant rate during the forecast period.

Get more information on this report : Request Sample Pages

Get more information on this report : Request Sample Pages

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current trends and future estimation and dynamics of the global structural insulated panels market.  
  • In-depth structural insulated panels market analysis is conducted by constructing market estimations for key market segments between 2020 and 2030. 
  • Extensive analysis of the emerging structural insulated panels market is conducted by following key product positioning and monitoring of top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The global emerging structural insulated panels market forecast analysis from 2021 to 2030 is included in the report.
  • The key players within emerging structural insulated panels market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the emerging structural insulated panels industry. 

Global Structural Insulated Panels Market Segments

Key Segments

By Product Type

  • Polystyrene
  • Polyurethane Panels and Polyisocyanurate Panels
  • Glass Wool
  • Others 

By Application

  • Walls & floors
  • Roofs
  • Cold Storage

By End User

  • Residential
  • Nonresidential

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Australia
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • Owens Corning
  • PFB Corporation
  • Premier Building System
  • Rautaruukki Corporation
  • T. Clear Corporation
  • ACME Panels
  • American Insulated Panel
  • Extreme Panel Technologies, Inc.
  • InGreen Systems
  • Kingspan Group PLC 
 

Loading Table Of Content...


 
 

The structural insulated panels market has observed significant growth in the past few years, due to increase in awareness for building insulation materials to improve thermal performance of building and lower overall energy consumption. In addition, structural insulated panels are lightweight and have enhanced external appearance and are widely available in a variety of colors. Hence, all these factors are anticipated to fuel the growth of the structural insulated panel market during the forecast period.

Various major key players are improving their product portfolio by launching energy saving panels. For instance, in May 2021, Ruukki Construction launched Ruukki Patina Panel, which combines energy saving with a patinated surface and is made from Cor-Ten steel.

Moreover, structural insulated panels are preferred due to their high thermal insulation and vapor diffusion resistance characteristics. These panels are widely used in the insulation of cold chain storages. As a result, rise in emphasis on the construction of cold chain infrastructures is likely to boost the product demand.

Flash Sale
PURCHASE OPTIONS

Start reading instantly ,This Report and over 13000+ more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The SIP market size was valued at $458.1 million in 2020.

A. Based on product, the polystyrene panels hold the maximum market share of the SIP market in 2020.

A. The SIP market is projected to reach $786.6 million by 2030.

A. Increasing demand for affordable and cost-effective residential housing solutions are the key trends in the SIP market.

A. The product launch is key growth strategy of Structural Insulated Panels industry players.

A. The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. Volatility in raw materials prices and lack of awareness about structural insulated panels are the effecting factors for SIP market.

A. The end users of Structural Insulated Panels include in residential and non-residential spaces.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Free Sample

OR

Purchase Full Report of
Structural Insulated Panels Market

Start reading instantly.
This Report and over 13,000+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,732  $3,359
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $4,147  $3,732
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,800  $4,930
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,966  $5,921
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $10,715  $8,572
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

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

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

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