structural insulated panels market size
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Global Structural Insulated Panels Market Overview And Prospects

Learn about the global structural insulated panels market through The Business Research Company, which provides information on structural insulated panels market size, structural insulated panels market drivers and restraints, structural insulated panels market players, the COVID-19 impact on the structural insulated panels market, and more.

 

The global structural insulated panels market size is expected to grow from $0.38 billion in 2021 to $0.40 billion in 2022 at a compound annual growth rate (CAGR) of 5.46%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The structural insulated panel market is expected to reach $0.50 billion in 2026 at a CAGR of 5.66%.

Increasing emphasis on green buildings is expected to propel the growth of the structural insulated panels market.

 

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The structural insulated panels market consists of sales of structural insulated panels (SIPs) by entities (organizations, partnerships, and sole proprietors) that consist of a super-strong construction panel having an insulating foam between two structural facings. SIPs are high-performance insulating panels used to construct walls, ceilings, and floors for residential and light commercial construction. They have superior strength against natural disasters, high energy-efficiency, and are cost-effective in construction purposes.

 

Global Structural Insulated Panels Market Segments Include:

By Product: EPS (Expanded Polystyrene) Panel, Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panel, Glass Wool Panel, Others

By Facing Material: Oriented Strand Board (OSB) Structural Insulated Panels, Magnesium Oxide (MgO) Board Structural Insulated Panels

By Application: Walls and Floors, Roofs, Cold Storage

By End-User: Residential, Non-Residential

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the structural insulated panels market in 2021.

 

Growing collaborations and strategic partnerships among structural insulated panels companies is a key trend gaining popularity in the market. Structural insulated panel companies are focusing on manufacturing sustainable products and reducing emissions.

 

TBRC’s structural insulated panels market report covers:

Major Market Players: Kingspan Group, PFB Corporation, Isopan, Structural Panels Inc., Ingreen Systems Corp., Owens Corning, Premier Building Systems, Inc, T. Clear Corporation, ACME Panels, Eagle Panel Systems, Inc., Future Building of America, Isopan, Korwall Industries, M-sips, Inc. and Porter Corp

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Structural Insulated Panels Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides structural insulated panels market overviews, analyzes and forecasts market size, share, structural insulated panels market players, structural insulated panels market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s structural insulated panels market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

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