Structural Insulated Panels Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Structural Insulated Panels Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global structural insulated panels market size reached US$ 415 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 562 Million by 2027, exhibiting a growth rate (CAGR) of 5.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Structural insulated panels (SIPs) are high-performance, engineered building systems used in residential and light-commercial construction. They are manufactured using insulating polyurethane, polyisocyanurate, expanded polystyrene, and extruded polystyrene sandwiched between two structural facings, especially oriented strand boards (OSB). They are energy efficient, help resist heat transfer, and provide strength and durability to infrastructure compared to traditional insulation methods. They are combined with bricks, blocks, stones, tiles, slates, woods, steel and glass and used in ceilings, roofs, walls and floors. Besides this, SIPs are extensively utilized in cold storage systems for maintaining optimal temperatures with minimal energy requirements.

Structural Insulated Panels Market Trends:
The growing global population is resulting in increasing construction activities of residential and commercial buildings. This represents one of the key factors driving the demand for SIPs worldwide. In addition, the rising environmental awareness among individuals is catalyzing the demand for lightweight, non-combustible, thermal-resistant, and flexible building materials. Along with this, the escalating demand for SIPs for cold storage applications across various industries is also contributing to the growth of the market. Apart from this, the rising use of SIPs in food processing, food preparation, warehousing, and storage systems for temperature-sensitive pharmaceutical and retail products, is strengthening the market growth. This, in confluence with the increasing establishment of local data centers by major technology companies, is positively influencing the market. Furthermore, the introduction of soundproof variants and curved wall panels is strengthening the market growth. These advanced SIPs are extensively used for stud framing and curating non-orthogonal designs on the walls. Additionally, the implementation of favorable government policies to reduce greenhouse gas (GHG) emissions is catalyzing the demand for SIPs. Moreover, the emerging trend of developing green cities and the rising use of structural insulated panels in green construction are anticipated to offer lucrative growth opportunities to manufacturers.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global structural insulated panels market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product and application.

Breakup by Product:

Glass Wool

On the basis of product, the market has been classified into polystyrene, polyurethane, glass wool, and others.

Breakup by Application:

Walls and Floors
Cold Storages

Based on application, the market has been segregated into walls and floors, roofs, and cold storage.

Breakup by Region:

North America
United States
South Korea
United Kingdom
Latin America
Middle East and Africa

On the basis of region, the market has been segmented into North America (United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and Others), Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being All Weather Insulated Panels, American Insulated Panel, Enercept Inc., Ingreen Systems Corp., Isopan (Manni Group S.p.A), Kingspan Group plc, KPS Global, Metl-Span Llc (Cornerstone Building Brands), Owens Corning, PFB Corporation, Premier Building Systems Inc and Structural Panels Inc.

Key Questions Answered in This Report:
How has the global structural insulated panels market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global structural insulated panels market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global structural insulated panels market and who are the key players?
What is the degree of competition in the industry?

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Structural Insulated Panels Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Polystyrene
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Polyurethane
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Glass Wool
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Application
7.1 Walls and Floors
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Roof
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Cold Storages
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States Market Trends Market Forecast
8.1.2 Canada Market Trends Market Forecast
8.2 Asia-Pacific
8.2.1 China Market Trends Market Forecast
8.2.2 Japan Market Trends Market Forecast
8.2.3 India Market Trends Market Forecast
8.2.4 South Korea Market Trends Market Forecast
8.2.5 Australia Market Trends Market Forecast
8.2.6 Indonesia Market Trends Market Forecast
8.2.7 Others Market Trends Market Forecast
8.3 Europe
8.3.1 Germany Market Trends Market Forecast
8.3.2 France Market Trends Market Forecast
8.3.3 United Kingdom Market Trends Market Forecast
8.3.4 Italy Market Trends Market Forecast
8.3.5 Spain Market Trends Market Forecast
8.3.6 Russia Market Trends Market Forecast
8.3.7 Others Market Trends Market Forecast
8.4 Latin America
8.4.1 Brazil Market Trends Market Forecast
8.4.2 Mexico Market Trends Market Forecast
8.4.3 Others Market Trends Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 All Weather Insulated Panels Company Overview Product Portfolio
13.3.2 American Insulated Panel Company Overview Product Portfolio
13.3.3 Enercept Inc. Company Overview Product Portfolio
13.3.4 Ingreen Systems Corp. Company Overview Product Portfolio
13.3.5 Isopan (Manni Group S.p.A) Company Overview Product Portfolio
13.3.6 Kingspan Group plc Company Overview Product Portfolio Financials SWOT Analysis
13.3.7 KPS Global Company Overview Product Portfolio
13.3.8 Metl-Span Llc (Cornerstone Building Brands) Company Overview Product Portfolio
13.3.9 Owens Corning Company Overview Product Portfolio Financials SWOT Analysis
13.3.10 PFB Corporation Company Overview Product Portfolio Financials
13.3.11 Premier Building Systems Inc Company Overview Product Portfolio
13.3.12 Structural Panels Inc. Company Overview Product Portfolio

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