Structural Insulated Panels Market

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Structural Insulated Panels Market by Facing Material (OSB. MgO Board, and Others), Insulation Material (EPS, XPS, and Others), Application (Floor, Roof, and Wall), End Use (Residential, Non-Residential), and Region - Global Forecast to 2025

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Report Code: BC 7797 Dec, 2020, by marketsandmarkets.com

Structural Insulated Panels Market

The global structural insulated panels market was valued at USD 405 million in 2020 and is projected to reach USD 517 million by 2025, growing at 5.0% cagr during the forecast period. The market is expected to witness significant growth in the future due to its increased demand in residential and commercial construction. Growth in adaptation of construction of green & energy-efficient buildings and demand for structural insulated panels for cold storage applications, are likely to support the growth of the market during the forecast period.

Structural Insulated Panels Market

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COVID-19 impact on global structural insulated panels market

The global structural insulated panels market is expected to witness a minimal decrease in its growth rate in 2020-2021. The structural insulated panels market is in the ‘growth stage’, and requires timely meetings, quarter/annual conferences, and market programs. These conferences & other marketing strategies are a vital part of the SIPs market and help in promoting the use of SIPs in the construction industry. Due to the pandemic, the manufacturers are experiencing disruptions in their quarter or annual meetings & conferences.

Structural Insulated Panels Market Dynamics

Driver: Increased demand for structural insulated panels for cold storage applications

Being a cost-effective, sustainable, and durable building system, the structural insulated panels are widely adopted and used in various end use industries for the construction of cold storage facilities. Cold storage is a vital element for several businesses such as food processing, food preparation, warehousing, and storage systems, as well as for pharmaceutical and retail solutions. The increase in the demand for cold storage systems is expected to boost the application, and, in turn, the market for structural insulated panels.

Restraint: Volatility in raw materials prices

Raw material and energy used in manufacturing structural insulated panels have volatile prices and the trend is set to continue during the forecast period. Sudden increase or decrease in price affects the profit margin of manufacturers as well. The main raw materials used in the manufacturing of structural insulated panels are EPS and XPS. Volatility in the prices of energy and crude oil leads to the fluctuations in the prices of the raw materials used for structural insulated panels (such as XPS and EPS). These fluctuations, in turn, result in volatility of prices of finished products.

Opportunity: Supportive building regulations

With increasingly rigorous legislations surrounding commercial properties, developers are encouraged to keep pace with the technology that can create energy-efficient buildings. Stringent building regulations have posed a challenge to builders to comply with energy efficiency and CO2 emission targets. This has forced builders to use structural insulated panels for buildings, which can help in reducing the HVAC/heating costs by up to 40%.

Challenge:  Lack of awareness about structural insulated panels

The structural insulated panels market has a positive outlook due to the high growth in the construction industry. However, in some developing or underdeveloped countries of APAC Africa, and South America, people are less aware of these insulation panels and the benefits it offers. There is a lack of awareness about the sustainability, flexibility, recyclability, and durability of structural insulated panels in the emerging economies in Africa and South America. For the growth of this industry, it is important to educate customers regarding the positive effects of structural insulated panels on the environment and the way it can contribute to a healthy lifestyle.

EPS widely preferred for structural insulated panels

Based on insulation material, EPS is projected to be the largest segment in the structural insulated panels market. Expanded Polystyrene (EPS) is the most common core material, used in more than 85% of the total structural insulated panels. EPS has a closed-cell, moisture-resistant structure composed of millions of tiny air-filled pockets. It generally does not release ozone-depleting Chlorofluorocarbons (CFCs). The material is molded into large blocks and cut into required shapes for use in structural insulated panels. EPS has been utilized as a cost-effective and energy-efficient insulation in construction applications.

OSB to dominate the global structural insulated panels

The OSB segment to lead the global structural insulated panels market by 2025. OSB has been extensively tested as a load bearing material, and is commonly available in large sizes. It is widely used throughout the construction industry due to its excellent load-bearing capabilities. Additionally, since OSB can be manufactured from fast growing, underutilized, and often less expensive wood species, it represents an efficient use of raw materials.

Significant increase in the demand for structural insulated panels for residential construction

By End use, the residential segment is projected to be the largest segment in the structural insulated panels market. This is primarily due to favorable and lenient lending policies initiated by governments across all regions, which drive the sales of residential construction projects. The spending on residential construction is estimated to witness a surge, particularly in the emerging countries of APAC. There is a trend of urbanization in the region, resulting in a high growth rate for the residential construction sector. All these factors are expected to drive the structural insulated panels market in the residential building segment, globally.

North American region to lead the global structural insulated panels market by 2025

The North American region accounted for the largest market share in 2019. the retrofit market, development of green buildings, and rising energy efficiency codes and building specifications are estimated to drive the structural insulated panels’ market growth in the region. Increased focus on energy-efficient buildings, stringent requirements for insulation, and new building codes have also generated awareness regarding thermal insulation in buildings in the region. Furthermore, government initiatives for incentive programs, such as American Recovery and Reinvestment Act (ARRA), have helped increase the flow of funds for various projects, including infrastructure, housing, and energy.

Structural Insulated Panels Market by Region

Structural Insulated Panels Market Players

The structural insulated panels market is dominated by a few globally established players, such as Owens Corning (US), Kingspan Group (Ireland), PFB Corporation (Canada), Alubel SpA (Italy), Enercept, Inc. (US), Foard Panel Inc. (US), Extreme Panel Technologies, Inc. (US), T. Clear Corporation (US), and Premier SIPs (US), amongst others.

Structural Insulated Panels Market Report Scope

Report Metric

Details

Market size available for years

2018–2025

Base year considered

2019

Forecast period

2020–2025

Forecast units

Value (USD Million and USD Thousand) and Volume (Million Square Feet and Thousand Square Feet)

Segments covered

Facing Material, Insulation Material, Application, End use, and Region

Geographies covered

North America, APAC, Europe, Middle East & Africa, and South America

Companies covered

Owens Corning (US), Kingspan Group (Ireland), PFB Corporation (Canada), Alubel SpA (Italy), Enercept, Inc. (US), Foard Panel Inc. (US), Extreme Panel Technologies, Inc. (US), T. Clear Corporation (US), Premier SIPs (US), and ACME Panel Company (US)
25 manufacturers are covered in the structural insulated panels market.

This research report categorizes the structural insulated panels market based on facing material, insulation material, application, end use, and region.

On the basis of facing material:

  • OSB
  • MgO Board
  • Others (includes cement fiber, metal, plywood, gypsum, and fiber reinforced polymers)

On the basis of insulation material

  • EPS
  • XPS
  • Others (includes polyurethane, glass wool, and mineral wool)

On the basis of application

  • Floor
  • Wall
  • Roof

On the basis of end use

  • Residential
  • Non-residential

On the basis of region:

  • North America
  • Europe
  • APAC
  • Middle East & Africa
  • South America

Recent Developments

  • In August 2020, Owens Corning introduced a new product line called Foamular NGX. It is a new line of Extruded Polystyrene (XPS) foam products that delivers 90% reduction in Global Warming Potential (GWP) without sacrificing product performance.
  • In April 2018, Owens Corning announced that it had completed the acquisition of Guangde SKD Rock Wool Manufacture Co., Ltd., a mineral wool manufacturer in China. SKD produces mineral wool insulation for the building and technical insulation market. Mineral wool is the primary insulation material in China due to its lifesaving and fire protection properties.
  • In February 2018, Owens Corning acquired Paroc Group (Finland), a producer of mineral wool insulation for building and technical applications in Europe. The acquisition has helped the company broaden its product portfolio and diversify its geographic scope.
  • In February 2017, PFB Corporation announced that it has acquired 27 acres of land and three manufacturing facilities in Crossfield, Alberta that it occupied under a leasing agreement.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 24)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 EXCLUSION
    1.4 MARKET SCOPE
           1.4.1 REGIONAL SCOPE
           1.4.2 YEARS CONSIDERED
    1.5 CURRENCY CONSIDERED
    1.6 UNIT CONSIDERED
    1.7 STAKEHOLDERS
    1.8 LIMITATIONS

2 RESEARCH METHODOLOGY (Page No. - 27)
    2.1 RESEARCH DATA
    2.2 MARKET SIZE ESTIMATION
    2.3 DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS & LIMITATIONS
           2.4.1 ASSUMPTIONS
           2.4.2 LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 32)
    3.1 INTRODUCTION
   
4 PREMIUM INSIGHTS (Page No. - 34)
    4.1 EMERGING ECONOMIES TO WITNESS A RELATIVELY HIGHER DEMAND FOR STRUCTURAL INSULATED PANELS
    4.2 NORTH AMERICA: STRUCTURAL INSULATED PANELS MARKET, BY END USE AND COUNTRY
    4.3 STRUCTURAL INSULATED PANELS MARKET, BY FACING MATERIAL
    4.4 STRUCTURAL INSULATED PANELS MARKET, BY INSULATION MATERIAL
    4.5 STRUCTURAL INSULATED PANELS MARKET, BY END USE
    4.6 STRUCTURAL INSULATED PANELS MARKET, BY COUNTRY

5 MARKET OVERVIEW (Page No. - 40)
    5.1 INTRODUCTION
    5.2 EVOLUTION
    5.3 MARKET DYNAMICS
           5.3.1 DRIVERS
                    5.3.1.1 Increasing demand of structural insulated panels for cold storage
                    5.3.1.2 Stringent regulations to reduce greenhouse gas emission
           5.3.2 RESTRAINTS
                    5.3.2.1 Volatility in raw material prices
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Population growth and rapid urbanization translating into large number of construction projects
                    5.3.3.2 Supportive building regulations
           5.3.4 CHALLENGES
                    5.3.4.1 Lack of awareness about structural insulated panels
    5.4 TARIFF AND REGULATORY ANALYSIS
    5.5 RELEVANT CODES AND STANDARDS
    5.6 TAX CREDIT & INCENTIVES
    5.7 ECOSYSTEM MAP
    5.8 CASE STUDY ANALYSIS
           5.8.1 NON- RESIDENTIAL
                    5.8.1.1 RENOVATION WITH SIPS
           5.8.2 RESIDENTIAL
                    5.8.2.1 SINGLE FAMILY RESIDENCE
                    5.8.2.2 LARGE RESIDENTIAL- SINGLE FAMILY HOMES

6 YC-YCC DRIVERS (Page No. - 51)

7 INDUSTRY TRENDS (Page No. - 53)
    7.1 INTRODUCTION
    7.2 SUPPLY CHAIN ANALYSIS
           7.2.1 PROMINENT COMPANIES
           7.2.2 SMALL & MEDIUM-SIZED ENTERPRISES
    7.3 PORTER’S FIVE FORCES ANALYSIS
           7.3.1 THREAT OF NEW ENTRANTS
           7.3.2 THREAT OF SUBSTITUTES
           7.3.3 BARGAINING POWER OF SUPPLIERS
           7.3.4 BARGAINING POWER OF BUYERS
           7.3.5 INTENSITY OF COMPETITIVE RIVALRY

8 COVID-19 IMPACT ON STRUCTURAL INSULATED PANELS MARKET (Page No. - 60)
    8.1 INTRODUCTION
    8.2 COVID-19 IMPACT ON THE PARENT MARKET
    8.3 COVID-19 IMPACT ON THE STRUCTURAL INSULATED PANELS MARKET

9 STRUCTURAL INSULATED PANELS MARKET, BY FACING MATERIAL (Page No. - 64)
    9.1 INTRODUCTION
           9.1.1 OSB
                    9.1.1.1 OSB to grow at a higher CAGR by 2025
           9.1.2 MGO BOARDS
                    9.1.2.1 MgO boards offer higher fire rating than OSB panels
           9.1.3 OTHERS

10 STRUCTURAL INSULATED PANELS MARKET, BY INSULATION MATERIAL (Page No. - 68)
     10.1 INTRODUCTION
             10.1.1 EPS
                        10.1.1.1 EPS led the structural insulated panels market in 2019
             10.1.2 XPS
                        10.1.2.1 High cost of XPS makes it the less demanded material for SIP
             10.1.3 OTHERS

11 STRUCTURAL INSULATED PANELS MARKET, BY APPLICATION (Page No. - 73)
     11.1 INTRODUCTION
     11.2 FLOOR
     11.3 WALL
     11.4 ROOF

12 STRUCTURAL INSULATED PANELS MARKET, BY END USE (Page No. - 75)
     12.1 INTRODUCTION
             12.1.1 RESIDENTIAL
                        12.1.1.1 Demand of SIPs for energy-efficient buildings to drive the segment
             12.1.2 NON-RESIDENTIAL
                        12.1.2.1 The segment to grow at a higher rate by 2025

13 STRUCTURAL INSULATED PANELS MARKET, BY REGION (Page No. - 78)
     13.1 INTRODUCTION
     13.2 APAC
             13.2.1 CHINA
                        13.2.1.1 Stringent emission norms to boost the demand
             13.2.2 JAPAN
                        13.2.2.1 Infrastructure and commercial building products to boost the market
             13.2.3 AUSTRALIA
                        13.2.3.1 Australia to be the fastest-growing market globally
                        13.2.4.1 New Zealand to grow at the second-highest CAGR in APAC
             13.2.5 REST OF APAC
     13.3 NORTH AMERICA
             13.3.1 US
                        13.3.1.1 The US to lead the market in North America from 2020 to 2025
             13.3.2 CANADA
                        13.3.2.1 Canada to be the fastest-growing market in North America
             13.3.3 MEXICO
                        13.3.3.1 Foreign and local investment in construction to drive the market
     13.4 EUROPE
             13.4.1 GERMANY
                        13.4.1.1 It is the second-largest market in Europe
             13.4.2 UK
                        13.4.2.1 The UK to dominate the European market
             13.4.3 FRANCE
                        13.4.3.1 Non-residential projects to provide opportunities to the market
             13.4.4 RUSSIA
                        13.4.4.1 Increase in construction activities to drive the consumption
             13.4.5 ITALY
                        13.4.5.1 Growing housing market in the country to boost the demand for SIPs
             13.4.6 REST OF EUROPE
     13.5 MIDDLE EAST & AFRICA
             13.5.1 UAE
                        13.5.1.1 The country led the market in the Middle East & Africa
             13.5.2 SAUDI ARABIA
                        13.5.2.1 Increasing construction activities to drive the market
             13.5.3 TURKEY
                        13.5.3.1 Significant infrastructural development to drive the demand
             13.5.4 REST OF MIDDLE EAST & AFRICA
     13.6 SOUTH AMERICA
                        13.6.1.1 Brazil to dominate the market in South America
                        13.6.2.1 Growth in commercial construction to boost the demand

14 COMPETITIVE LANDSCAPE (Page No. - 123)
     14.1 OVERVIEW
     14.2 MARKET RANKING
     14.3 MARKET SHARE ANALYSIS
     14.4 COMPETITIVE LEADERSHIP MAPPING
             14.4.1 STAR
             14.4.2 EMERGING LEADERS
             14.4.3 PERVASIVE
             14.4.4 EMERGING COMPANIES
             14.4.5 STRENGTH OF PRODUCT PORTFOLIO
             14.4.6 BUSINESS STRATEGY EXCELLENCE
     14.5 COMPETITIVE SCENARIO
             14.5.1 ACQUISITION
             14.5.2 NEW PRODUCT DEVELOPMENT

15 COMPANY PROFILES (Page No. - 133)
     15.1 KINGSPAN GROUP
             15.1.1 BUSINESS OVERVIEW
             15.1.2 FINANCIAL ASSESSMENT
             15.1.3 INSULATED PANELS SEGMENT-FINANCIAL DATA (USD MILLION)
             15.1.4 OPERATIONAL ASSESSMENT
             15.1.5 PRODUCTS OFFERED
             15.1.6 SWOT ANALYSIS
             15.1.7 WINNING IMPERATIVES
             15.1.8 CURRENT FOCUS AND STRATEGIES
             15.1.9 THREAT FROM COMPETITION
             15.1.10 RIGHT TO WIN
     15.2 PFB CORPORATION
             15.2.1 BUSINESS OVERVIEW
             15.2.2 FINANCIAL ASSESSMENT
             15.2.3 PRODUCTS OFFERED
             15.2.4 RECENT DEVELOPMENTS
             15.2.3 SWOT ANALYSIS
             15.2.4 CURRENT FOCUS AND STRATEGIES
             15.2.5 RIGHT TO WIN
     15.3 OWENS CORNING
             15.3.1 BUSINESS OVERVIEW
             15.3.2 FINANCIAL ASSESSMENT
             15.3.3 PRODUCTS OFFERED
             15.3.4 RECENT DEVELOPMENTS
             15.3.5 SWOT ANALYSIS
             15.3.6 CURRENT FOCUS AND STRATEGIES
             15.3.7 RIGHT TO WIN
     15.4 PREMIER SIPS
             15.4.1 BUSINESS OVERVIEW
             15.4.2 PRODUCTS OFFERED
             15.4.3 RIGHT TO WIN
     15.5 ENERCEPT, INC.
             15.5.1 BUSINESS OVERVIEW
             15.5.2 PRODUCTS OFFERED
             15.5.3 RIGHT TO WIN
     15.6 EXTREME PANEL TECHNOLOGIES, INC.
             15.6.1 BUSINESS OVERVIEW
             15.6.2 PRODUCTS OFFERED
             15.6.3 RECENT DEVELOPMENTS
             15.6.4 RIGHT TO WIN
     15.7 R-CONTROL
             15.7.1 BUSINESS OVERVIEW
             15.7.2 PRODUCTS & SERVICES OFFERED
             15.7.3 RIGHT TO WIN
     15.8 T. CLEAR CORPORATION
             15.8.1 BUSINESS OVERVIEW
             15.8.2 PRODUCTS OFFERED
             15.8.3 RIGHT TO WIN
     15.9 ALUBEL SPA
             15.9.1 BUSINESS OVERVIEW
             15.9.2 PRODUCTS OFFERED
             15.9.3 RIGHT TO WIN
     15.10 FOARD PANEL INC.
             15.10.1 BUSINESS OVERVIEW
             15.10.2 PRODUCTS OFFERED
     15.11 ADDITIONAL PLAYERS
             15.11.1 ACME PANEL
             15.11.2 THE MURUS COMPANY, INC.
             15.11.3 EAGLE PANEL SYSTEMS, INC.
             15.11.4 KORWALL INDUSTRIES
             15.11.5 PORTER CORP.
             15.11.6 ARYUS MANUFACTURING
             15.11.7 M-SIPS, INC.
             15.11.8 FOAM LAMINATES OF VERMONT
             15.11.9 ICS ECO-SIPS
             15.11.10 GREENIX PANEL SYSTEMS
             15.11.11 STRUCTURAL PANELS INC.
             15.11.12 FISCHERSIPS
             15.11.13 THERMOCORE STRUCTURAL INSULATED PANEL SYSTEMS
             15.11.14 SIMPLY SIPS
             15.11.15 SPANELS

16 APPENDIX (Page No. - 161)
     16.1 DISCUSSION GUIDE
     16.2 KNOWLEDGE STORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL
     16.3 AVAILABLE CUSTOMIZATIONS
     16.4 RELATED REPORTS
     16.5 AUTHOR DETAILS


LIST OF TABLES (133 Tables)

TABLE 1 REGION-WISE REGULATIONS TO REDUCE GHG EMISSIONS
TABLE 2 APAC URBANIZATION TREND, 1990–2050
TABLE 3 STRUCTURAL INSULATED PANELS MARKET SIZE, BY FACING MATERIAL, 2018–2025 (USD MILLION)
TABLE 4 STRUCTURAL INSULATED PANELS MARKET SIZE, BY FACING MATERIAL, 2018–2025 (MILLION SQUARE FEET)
TABLE 5 STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD MILLION)
TABLE 6 STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (MILLION SQUARE FEET)
TABLE 7 STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD MILLION)
TABLE 8 STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (MILLION SQUARE FEET)
TABLE 9 STRUCTURAL INSULATED PANELS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 10 STRUCTURAL INSULATED PANELS MARKET SIZE, BY REGION, 2018–2025 (MILLION SQUARE FEET)
TABLE 11 STRUCTURAL INSULATED PANELS MARKET SIZE, BY FACING MATERIAL, 2018–2025 (USD MILLION)
TABLE 12 STRUCTURAL INSULATED PANELS MARKET SIZE, BY FACING MATERIAL, 2018–2025 (MILLION SQUARE FEET)
TABLE 13 STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD MILLION)
TABLE 14 STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (MILLION SQUARE FEET)
TABLE 15 STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD MILLION)
TABLE 16 STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (MILLION SQUARE FEET)
TABLE 17 APAC: STRUCTURAL INSULATED PANELS MARKET SIZE, BY COUNTRY, 2018–2025 (USD THOUSAND)
TABLE 18 APAC: STRUCTURAL INSULATED PANELS MARKET SIZE, BY COUNTRY, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 19 APAC: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 20 APAC: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 21 APAC: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 22 APAC: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 23 CHINA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 24 CHINA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 25 CHINA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 26 CHINA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 27 JAPAN: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 28 JAPAN: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 29 JAPAN: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 30 JAPAN: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 31 AUSTRALIA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 32 APAC: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 33 AUSTRALIA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 34 AUSTRALIA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 35 NEW ZEALAND: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 36 NEW ZEALAND: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 37 NEW ZEALAND: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 38 NEW ZEALAND: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 39 REST OF APAC: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 40 REST OF APAC: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 41 REST OF APAC: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 42 REST OF APAC: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 43 NORTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY COUNTRY, 2018–2025 (USD THOUSAND)
TABLE 44 NORTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY COUNTRY, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 45 NORTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 46 NORTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 47 NORTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 48 NORTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 49 US: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 50 US: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 51 US: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 52 US: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 53 CANADA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 54 CANADA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 55 CANADA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 56 CANADA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 57 MEXICO: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 58 MEXICO: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET THOUSAND SQUARE FEET)
TABLE 59 MEXICO: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 60 MEXICO: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 61 EUROPE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY COUNTRY, 2018–2025 (USD THOUSAND)
TABLE 62 EUROPE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY COUNTRY, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 63 EUROPE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 64 EUROPE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 65 EUROPE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 66 EUROPE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 67 GERMANY: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 68 GERMANY: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 69 GERMANY: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 70 GERMANY: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 71 UK: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 72 UK: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 73 UK: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 74 UK: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 75 FRANCE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 76 FRANCE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 77 FRANCE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 78 FRANCE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 79 RUSSIA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 80 RUSSIA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 81 RUSSIA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 82 RUSSIA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 83 ITALY: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 84 ITALY: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 85 ITALY: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 86 ITALY: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 87 REST OF EUROPE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 88 REST OF EUROPE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 89 REST OF EUROPE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 90 REST OF EUROPE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 91 MIDDLE EAST & AFRICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY COUNTRY, 2018–2025 (USD THOUSAND)
TABLE 92 MIDDLE EAST & AFRICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY COUNTRY, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 93 MIDDLE EAST & AFRICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 94 MIDDLE EAST & AFRICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 95 MIDDLE EAST & AFRICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 96 MIDDLE EAST & AFRICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 97 UAE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 98 UAE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 99 UAE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 100 UAE: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 101 SAUDI ARABIA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 102 SAUDI ARABIA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 103 SAUDI ARABIA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 104 SAUDI ARABIA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 105 TURKEY: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 106 TURKEY: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 107 TURKEY: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 108 TURKEY: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 109 REST OF MIDDLE EAST & AFRICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 110 REST OF MIDDLE EAST & AFRICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 111 REST OF MIDDLE EAST & AFRICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 112 REST OF MIDDLE EAST & AFRICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 113 SOUTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY COUNTRY, 2018–2025 (USD THOUSAND)
TABLE 114 SOUTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY COUNTRY, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 115 SOUTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 116 SOUTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 117 SOUTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 118 SOUTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 119 BRAZIL: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 120 BRAZIL: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 121 BRAZIL: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 122 BRAZIL: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 123 ARGENTINA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 124 ARGENTINA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 125 ARGENTINA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 126 ARGENTINA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 127 REST OF SOUTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (USD THOUSAND)
TABLE 128 REST OF SOUTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY INSULATION MATERIAL, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 129 REST OF SOUTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (USD THOUSAND)
TABLE 130 REST OF SOUTH AMERICA: STRUCTURAL INSULATED PANELS MARKET SIZE, BY END USE, 2018–2025 (THOUSAND SQUARE FEET)
TABLE 131 ACQUISITION
TABLE 132 NEW PRODUCT DEVELOPMENT
TABLE 133 COMPANY LOCATIONS


LIST OF FIGURES (47 Figures)

FIGURE 1 STRUCTURAL INSULATED PANELS MARKET SEGMENTATION
FIGURE 2 STRUCTURAL INSULATED PANELS MARKET, BY REGION
FIGURE 3 TOP-DOWN APPROACH
FIGURE 4 STRUCTURAL INSULATED PANELS MARKET: DATA TRIANGULATION
FIGURE 5 KEY MARKET INSIGHTS
FIGURE 6 LIST OF STAKEHOLDERS INVOLVED AND BREAKDOWN OF PRIMARY INTERVIEWS
FIGURE 7 OSB TO BE THE FASTEST-GROWING SEGMENT IN THE STRUCTURAL INSULATED PANELS MARKET DURING THE FORECAST PERIOD
FIGURE 8 EPS TO BE THE LARGEST SEGMENT IN THE STRUCTURAL INSULATED PANELS MARKET DURING THE FORECAST PERIOD
FIGURE 9 NON-RESIDENTIAL TO GROW AT A HIGHER CAGR IN THE STRUCTURAL INSULATED PANELS MARKET DURING THE FORECAST PERIOD
FIGURE 10 NORTH AMERICA LED THE STRUCTURAL INSULATED PANELS MARKET IN 2019
FIGURE 11 EMERGING ECONOMIES OFFER ATTRACTIVE OPPORTUNITIES IN THE STRUCTURAL INSULATED PANELS MARKET DURING THE FORECAST PERIOD
FIGURE 12 THE US WAS THE LARGEST MARKET FOR STRUCTURAL INSULATED PANELS IN NORTH AMERICA IN 2019
FIGURE 13 OSB TO LEAD THE STRUCTURAL INSULATED PANELS MARKET DURING THE FORECAST PERIOD
FIGURE 14 EPS IS PROJECTED TO BE THE LARGEST MARKET FOR THE GLOBAL STRUCTURAL INSULATED PANELS MARKET BY 2025
FIGURE 15 RESIDENTIAL SEGMENT TO LEAD THE STRUCTURAL INSULATED PANELS MARKET
FIGURE 16 THE STRUCTURAL INSULATED PANELS MARKET IN AUSTRALIA TO GROW AT THE HIGHEST CAGR FROM 2020 TO 2025
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE STRUCTURAL INSULATED PANELS MARKET
FIGURE 18 CRUDE OIL PRICE TREND, 2015–2021
FIGURE 19 YC-YCC DRIVERS
FIGURE 20 STRUCTURAL INSULATED PANELS SUPPLY CHAIN
FIGURE 21 PORTER’S FIVE FORCES ANALYSIS
FIGURE 22 IMPACT OF COVID-19 IN 2020 (Q1) ON DIFFERENT COUNTRIES
FIGURE 23 KEY MARKET INSIGHTS ON COVID-19 IMPACT
FIGURE 24 OSB SEGMENT TO LEAD THE GLOBAL STRUCTURAL INSULATED PANELS MARKET DURING THE FORECAST PERIOD
FIGURE 25 EPS SEGMENT TO EXHIBIT HIGH GROWTH RATE DURING THE FORECAST PERIOD
FIGURE 26 RESIDENTIAL SEGMENT TO DOMINATE THE GLOBAL STRUCTURAL INSULATED PANELS MARKET TILL 2025
FIGURE 27 AUSTRALIA IS PROJECTED TO BE THE FASTEST-GROWING COUNTRY-LEVEL MARKET FROM 2020 TO 2025
FIGURE 28 COMPANIES ADOPTED ACQUISITION AS THE KEY GROWTH STRATEGY BETWEEN 2017 AND 2020
FIGURE 29 MARKET RANKING OF KEY PLAYERS, 2019
FIGURE 30 MARKET SHARE OF KEY PLAYERS, 2019
FIGURE 31 STRUCTURAL INSULATED PANELS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2019
FIGURE 32 KINGSPAN GROUP: COMPANY SNAPSHOT
FIGURE 33 KINGSPAN GROUP: SWOT ANALYSIS
FIGURE 34 WINNING IMPERATIVES: KINGSPAN GROUP
FIGURE 35 PFB CORPORATION: COMPANY SNAPSHOT
FIGURE 36 PFB CORPORATION: SWOT ANALYSIS
FIGURE 37 WINNING IMPERATIVES: PFB CORPORATION
FIGURE 38 OWENS CORNING: COMPANY SNAPSHOT
FIGURE 39 SWOT ANALYSIS: OWENS CORNING
FIGURE 40 WINNING IMPERATIVES: OWENS CORNING
FIGURE 41 PREMIER SIPS: COMPANY SNAPSHOT
FIGURE 42 ENERCEPT, INC.: COMPANY SNAPSHOT
FIGURE 43 EXTREME PANEL TECHNOLOGIES, INC.: COMPANY SNAPSHOT
FIGURE 44 R-CONTROL: COMPANY SNAPSHOT
FIGURE 45 T. CLEAR CORPORATION: COMPANY SNAPSHOT
FIGURE 46 ALUBEL SPA: COMPANY SNAPSHOT
FIGURE 47 FOARD PANEL INC.: COMPANY SNAPSHOT

The study involved four major activities for estimating the current global size of the structural insulated panels market. The exhaustive secondary research was carried out to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizes with the industry experts across the value chain of structural insulated panels through primary research. Both the top-down approach was employed to estimate the overall size of the structural insulated panels market. Thereafter, market breakdown and data triangulation procedures were used to estimate the size of different segments and sub-segments of the market.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Factiva, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, so as to identify and collect information for this study on the structural insulated panels market. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, trade directories, and databases.

Primary Research

Various primary sources from both the supply and demand sides of the structural insulated panels market were interviewed to obtain qualitative and quantitative information. The primary sources from the supply-side included industry experts, such as Chief Executive Officers (CEOs), vice presidents, marketing directors, sales professionals, and related key executives from various leading companies and organizations operating in the structural insulated panels industry. The primary sources from the demand-side included key executives from banks, government organizations, and educational institutions. The breakdown of the profiles of primary respondents is as follows:

Structural Insulated Panels Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimatio

Structural Insulated Panels Market Size, Estimation

The top-down approach was used to estimate and validate the global size of the structural insulated panels market. These approaches were also used extensively to estimate the size of various dependent segments of the market. The research methodology used to estimate the market size included the following details:

  • The key players were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and sub-segments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments of the structural insulated panels market. The data was triangulated by studying various factors and trends from both the demand- and supply-side.

Report Objectives

  • To define, analyze, and project the size of the structural insulated panels market in terms of value and volume based on facing material, insulation material, application, end use, and region
  • To project the size of the market and its segments in terms of value and volume, with respect to the five main regions, namely, North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • To provide detailed information about the key factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
  • To analyze the opportunities in the market for stakeholders and provide a detailed competitive landscape of the market leaders
  • To analyze the competitive developments, such as new product developments, and acquisitions, in the structural insulated panels market
  • To strategically profile the key players operating in the market and comprehensively analyze their market shares and core competencies

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The following customization options are available for the structural insulated panels report:

Product Analysis

  •  Product matrix, which offers a detailed comparison of the product portfolio of companies

Regional Analysis

  •  Further analysis of the structural insulated panels market for additional countries

Company Information

  •  Detailed analysis and profiling of additional market players (up to five)

Panels Market Overview

The general panels market is quite broad, encompassing a wide range of panel types used in various applications. Some of the major types of panels that are commonly used in different industries include:
 
1. Solar panels: Used for converting sunlight into electricity in the renewable energy industry.
 
2. Structural insulated panels (SIPs): Used in construction for walls, roofs, and floors to provide better insulation and structural support.
 
3. Sandwich panels: Used in building construction for insulation and soundproofing purposes.
 
4. Composite panels: Used in construction and aerospace industries for their strength, durability, and lightweight properties.
 
5. Aluminum panels: Used in building construction for façade cladding, roofing, and insulation purposes.
 
6. Acoustic panels: Used in the music and entertainment industry to absorb sound waves and improve acoustics.
 
7. LED panels: Used in the lighting industry to provide a more energy-efficient and long-lasting lighting solution.
 
8. Decorative panels: Used in interior design and architectural applications for aesthetic purposes.
 
9. LCD panels: Used in the electronics industry for display screens in TVs, computers, and other devices.
 
The panels market is driven by factors such as the increasing demand for energy-efficient and sustainable building materials, the growth of the renewable energy industry, and the increasing demand for advanced electronic devices. The panels market is expected to continue growing in the coming years, driven by the increasing focus on sustainable and efficient practices across different industries.
 
Structural insulated panels (SIPs) are a type of panel used in building construction for walls, roofs, and floors to provide better insulation and structural support. They are a sub-segment of the broader panels market, which encompasses various types of panels used in different industries.
 
SIPs are a popular choice in the construction industry due to their many advantages over traditional building materials, including improved insulation, energy efficiency, and structural strength. SIPs consist of two outer layers of structural boards, such as plywood or oriented strand board (OSB), which are sandwiched around a core of insulating foam, usually polystyrene or polyurethane.
 
The panels market and the structural insulated panels market are connected because SIPs are one of the many types of panels available in the market. However, unlike other types of panels, SIPs are specifically designed for building construction applications, which sets them apart from other panel types.
 
As demand for more energy-efficient and sustainable building materials grows, the market for SIPs is expected to continue growing as well. The growth of the construction industry and the increasing focus on sustainable building practices are expected to drive the demand for SIPs in the coming years, which in turn will impact the overall panels market.

Panels Market Trends

There are several futuristic growth use-cases for the panels market, driven by the increasing demand for sustainable and energy-efficient building materials, as well as technological advancements in the panels industry. Some examples of these growth use-cases include:
 
1. Smart panels: The development of smart panels with built-in sensors and data analysis capabilities can revolutionize building construction, allowing for real-time monitoring of building conditions and energy consumption.
 
2. Solar panels: The solar panel market is expected to continue growing as demand for renewable energy sources increases. Advancements in technology are also making solar panels more efficient and affordable.
 
3. Electric vehicle (EV) charging panels: As the demand for EVs grows, there will be a need for more charging stations. Panels with built-in charging ports can help meet this demand while reducing the need for separate charging stations.
 
4. Building-integrated photovoltaic (BIPV) panels: BIPV panels are designed to blend in with a building's existing exterior, providing both an energy-efficient solution and an aesthetically pleasing design element.
 
5. Advanced insulation panels: The demand for advanced insulation panels is expected to grow as building codes and regulations become more stringent. Panels with advanced insulation properties can help improve energy efficiency and reduce heating and cooling costs.
 
6. Flexible panels: Flexible panels can be used in a variety of applications, including wearable technology, electronic textiles, and curved or irregular building surfaces.

Top Companies in Panels Market

The panels market is a broad market that encompasses various types of panels used in different industries. As a result, there are many companies that operate in this market. The top players in the panels market vary depending on the type of panel and the industry. However, here are some of the major players in the overall panels market:
 
1. Kingspan Group - A global leader in insulation and building envelope solutions, offering a range of panels for commercial and industrial buildings, as well as insulated metal panels, architectural panels, and more.
 
2. Alucobond - A leading global manufacturer of aluminum composite panels for architectural and construction applications.
 
3. Saint-Gobain - A multinational corporation that produces a variety of building materials, including gypsum panels, insulation panels, and acoustic panels.
 
4. Armstrong World Industries - A global leader in the design and manufacture of commercial and residential ceiling, wall, and suspension system solutions, including panels.
 
5. Jeld-Wen - A manufacturer of windows, doors, and other building products, including composite wood panels.
 
6. Georgia-Pacific - A producer of a variety of building products, including plywood panels, OSB panels, and gypsum panels.
 
7. Boral Limited - A building and construction materials company that produces a range of products, including brick, roofing, and siding materials, as well as gypsum panels.
 
8. Fletcher Building - A New Zealand-based building materials company that produces a range of products, including insulation panels, roofing panels, and cladding systems.
 
These are just a few of the top players in the panels market, and the list is by no means exhaustive. The panels market is highly competitive, and there are many other companies that operate in this space as well.

Panels Market Impact on Different Industries

The panels market is a broad market that encompasses various types of panels used in different industries. As a result, the impact of the panels market on other industries will vary depending on the type of panel and its application. Here are some examples of industries that are likely to be impacted by the panels market in the future:
 
1. Construction Industry - The construction industry is one of the major users of panels, including insulated metal panels, composite panels, and structural insulated panels. As the demand for sustainable and energy-efficient buildings increases, the use of these panels is expected to rise, thereby impacting the construction industry.
 
2. Automotive Industry - The automotive industry is another industry that is likely to be impacted by the panels market, especially with the rise of electric vehicles. Lightweight composite panels, such as carbon fiber-reinforced polymer (CFRP) and glass fiber-reinforced polymer (GFRP), are increasingly being used in the automotive industry to reduce weight and improve fuel efficiency.
 
3. Aerospace Industry - The aerospace industry is another industry that is expected to be impacted by the panels market, with a growing demand for lightweight materials that can improve fuel efficiency and reduce emissions. Composite panels, such as honeycomb panels and sandwich panels, are widely used in the aerospace industry for structural and thermal insulation purposes.
 
4. Packaging Industry - The packaging industry is another industry that is likely to be impacted by the panels market, especially with the rise of sustainable packaging. Panels made of biodegradable materials, such as cornstarch and bamboo fibers, are increasingly being used in the packaging industry to reduce waste and improve sustainability.
 
5. Electronics Industry - The electronics industry is another industry that is expected to be impacted by the panels market, with the demand for lightweight and durable materials that can improve the performance of electronic devices. Glass panels, for example, are widely used in electronic displays, while lightweight composite panels are increasingly being used in electronic enclosures and casings.
 
These are just a few examples of industries that are likely to be impacted by the panels market in the future. The panels market is a diverse and constantly evolving market, and its impact on different industries will continue to evolve as new materials and technologies are developed.


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