$17.19 Billion Structural Insulated Panels (SIP) Markets, 2021-2028: Polystyrene, Polyurethane, Walls & Floors, and Roofs
DUBLIN, 02 July 2021–(BUSINESS WIRE)–The “Structural Insulated Panels Market Size, Share and Trend Analysis Report by Product (Polystyrene, Polyurethane), by Application (Walls and Floors, Roofs), by Region (APAC, North America) and Segment Forecasts, 2021-2028” report has been added to ResearchAndMarkets.com’s to offer.
The global structural insulated panel market size is projected to reach $17.19 billion by 2028, growing at a CAGR of 5.5% over the forecast period.
The increasing emphasis on building energy-efficient building structures and increasing investment in the renovation of old buildings are some of the key factors expected to drive demand for products.
Governments around the world give various incentives to construction companies and contractors to promote energy-efficient building structures.
For example, the US government through its Weatherization Assistance Program (WAP) is encouraging the improvement of thermal insulation in low-income households, which is expected to boost demand for structural insulated panels (SIPs).
The main players focus on the development of new insulation materials to improve the R-value of the product without increasing the final cost. For example, the Kingspan Group has developed a new insulation material using its own ‘QuadCore Technology’. The product offers superior fire protection and durability.
In addition, it is 11% and 60% thermally more efficient than high-performance PIR (Polyisocyanurate) and PU (Polyurethane) insulation materials, respectively.
Highlights of the Structural Insulated Panels Market Report:
The polyurethane product segment in the regional market in North America is expected to register the fastest CAGR of 7.9% over the forecast period due to superior insulation properties, stiffness, fire resistance and dimensional properties of polyurethane.
The cold storage application segment is expected to grow significantly during the forecast period as a result of growing investments in cold chain infrastructure development around the world.
In the Asia-Pacific region, the polystyrene product segment accounted for the largest share of sales in 2020 due to strong demand for cost-effective, sustainable insulation materials from the construction industry.
Europe is expected to be the second largest regional market from 2021 to 2028 due to the phasing-in of green building standards and increasing investment in the redevelopment of old building structures in the region.
Major companies provide training and services to the installation workers and contractors to ensure proper installation of the product and reduce the possibility of product failure.
Main topics covered:
Chapter 1. Methodology and scope
1.1. research method
1.2. Research scope & Assumption
1.3. Information Purchasing
1.4. Information analysis
1.5. Market formulation and data visualization
Chapter 2. Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Structural Insulated Panels Market Variables, Trends and Scope
3.1. Mapping penetration and growth prospects
3.2. Sectoral value chain analysis
3.2.1. Raw Material Trends
3.2.2. Production trends
3.2.3. Sales Channel Analysis
3.3. Technology overview
3.4. Regulatory framework
3.5. Market dynamics
3.5.1. Market Factor Analysis
3.5.2. Market constraint analysis
3.5.3. Industry Challenges
3.6. Business Environment Analysis: Structural Insulated Panel Market
3.6.1. Porter’s Sector Analysis
3.6.2. PESTEL analysis
3.6.3. Analysis of key deals and strategic alliances
3.7. Case Studies
Chapter 4. Structural Insulated Panel Market: Product Estimates and Trend Analysis
4.1. Definition & Scope
4.2. Analysis of product movements and market share, 2020 and 2028
4.3. Market size and forecasts and trend analysis, 2017 to 2028 for the following:
4.3.3. glass wool
Chapter 5. Structural Insulated Panel Market: Application Estimates and Trend Analysis
5.1. Definition & Scope
5.2. Application Movement Analysis & Market Share, 2020 & 2028
5.3. Market Size & Forecasting & Trend Analysis, 2017 to 2028 for the following:
5.3.1. Walls & Floors
5.3.3. Cold Storage
Chapter 6. Structural Insulated Panel Market: Regional Estimates and Trend Analysis
6.1. Regional Market Snapshot
6.2. SWOT analysis, by region
6.3. Market Size & Forecasting & Trend Analysis, 2017 to 2028
Chapter 7. Structural Insulated Panels Market Competitive Analysis
7.1. Key players & recent developments & their impact on the industry
7.2. Main business/competition categorization
7.3. Supplier landscape
7.3.1. List of Major Distributors and Channel Partners
7.4. Public companies
7.4.1. Analysis of the company’s market position
7.4.2. Business Market Rank, by Region
7.4.3. Competitive dashboard analytics
7.5. Private companies
7.5.1. List of major emerging companies and their geographic presence
Chapter 8. Company Profiles
8.1. Corporate overview
8.2. Financial performance
8.3. Product Benchmarking
8.4. Strategic initiatives
Green span profiles
American Insulated Panel Company
American Buildings Company
Ingreen Systems Corp.
Structural Panels Inc
Hemsec Manufacturing Ltd.
For more information about this report, visit https://www.researchandmarkets.com/r/fpin5o
Check out the source version at businesswire.com: https://www.businesswire.com/news/home/20210702005098/en/
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