Global Structural Insulated Panels Market Overview
Engineered structural insulated panels are used to build ceilings, floors, and walls. In comparison to conventional framing lumber and insulation, structural insulated panels offer a number of advantages, including exceptional durability, strength, and energy efficiency. These panels are made of two structural facings, usually oriented strand board, and an insulating foam core (OSB). Structural Insulated Panels Market accounted for US$ 11.17 billion in 2020 and is estimated to be US$ 18.65 billion by 2030 and is anticipated to register a CAGR of 5.3%.
Global Structural Insulated Panels Market Drivers & Restraints
The structural insulated panel market is anticipated to grow over the projected period due to exceptional thermal performance, lower energy costs, and excellent LEED and net-zero-ready building standards. Furthermore, the structural insulated panel increases the demand for structural insulated panels by restricting incoming air to controlled ventilation that filters out contaminants and allergens, improving control over indoor air quality. The market for structural insulated panels is anticipated to grow as a result of benefits such quicker construction with fewer labour, design flexibility, and sustainability credentials.
Global Structural Insulated Panels Market Segmentations & Regional Insights
The Structural Insulated Panels Market is segmented based on type, application, and region.
On the basis of type, the Structural Insulated Panels Market is segmented into EPS Panels, PUR/PIR Panels, Glass Wool Panels, and Others. On the basis of application, the Structural Insulated Panels Market is segmented into Building Wall, Building Roof, and Cold Storage.
Regional Insights:
On basis of region the Structural Insulated Panels Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is expected to account for major revenue share as compared to that of other regions.
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020– 2030 |
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Market representation |
Revenue in USD Billion & CAGR from 2020 to 2030 |
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Market Segmentation |
By Type – EPS Panels, PUR/PIR Panels, Glass Wool Panels, and Others By Application – Building Wall, Building Roof, and Cold Storage. |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Structural Insulated Panels report based on test, application, and region.
Structural Insulated Panels Market, By Type:
- EPS Panels
- PUR/PIR Panels
- Glass Wool Panels
- Others
Structural Insulated Panels Market, By Application:
- Building Wall
- Building Roof
- Cold Storage
Structural Insulated Panels Market, By Region:
- North America
- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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-
- U.S.
- Canada
- Middle East & Africa
Global Structural Insulated Panels Market Competitive Landscape & Key Players
The key players operating the Structural Insulated Panels Market includes Kingspan, Metecno, Isopan, NCI Building Systems, TATA Steel and ArcelorMittal.
Global Structural Insulated Panels Market Company Profile
- Kingspan
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Metecno
- Isopan
- NCI Building Systems
- TATA Steel
- ArcelorMittal
Global Structural Insulated Panels Market Highlights
FAQs
Structural Insulated Panels Market is segmented into basis of type, application, and region.
Structural insulated panel market is anticipated to grow over the projected period due to exceptional thermal performance, lower energy costs, and excellent LEED and net-zero-ready building standards.
By region, Europe is expected to account for major revenue share as compared to that of other regions.
The Key players operating in the Structural Insulated Panels Market includes Kingspan, Metecno, Isopan, NCI Building Systems, TATA Steel and ArcelorMittal.