Structural Insulated Panels Market – Growth, Trends, And Forecast (2019 – 2024)

The market is segmented by Product (EPS (Expanded Polystyrene) Panel, EPS (Expanded Polystyrene) Panel, Glass Wool Panel), Application (Building Wall, Building Roof, and Cold Storage), and Geography

Market Summary

Structural Insulated Panels
Study Period:

2016-2024

Base year:

2018

Fastest growing market:

Asia Pacific

Largest market:

North America

Key Players:

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Market Overview

 

The global structural insulated panel market is expected to register healthy growth, by 2024, at an estimated CAGR of 6.13% over 2019-2024.

  • The major factors driving the market studied are the increasing demand from the construction sector and increasing cold storage applications. Advancements in building technologies such as modular construction techniques are expected to hinder the growth of the market studied.
  • In 2018, the building wall segment is expected to dominate the market and expand at the fastest CAGR of 6.39% during the forecast period. This is due to the robust demand from the residential sector.
  • In 2017, North America dominated the market, holding a share of almost 37%, and is expected to register a CAGR of 6.21% during the forecast period. This growth is primarily due to rising construction activities in Canada and Mexico.
 

Scope of the Report

The global structural insulated panels market report include:

Product
EPS (Expanded Polystyrene) Panel
Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panel
Glass Wool Panel
Other Products (Extruded Polystyrene Foam)
Application
Building Wall
Building Roof
Cold Storage
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
Italy
France
Russia
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Demand for Building Walls

  • Structural insulated wall panels are generally available in thicknesses of 4-1/2 inches and 6-1/2 inches. Manufacturing of curved wall panels are possible and it is often more practical to use stud framing for non-orthogonal geometries.
  • The whole wall R-value of a wall assembly is currently the best and the most followed method of quantifying the total thermal performance. The whole wall R-value takes the resistance of heat flown through an opaque cross-sectional area of the insulation and structure into the account while the total loss of energy at the interfaces of the wall with the roof and floor are accounted.
  • The whole wall R-value of a 4-inch structural insulated wall panel is 14, whereas for a 2x4 wall is less than 10. The whole wall R-value of a 2x6 wall is between 11 and 13.7 depending on the quality of the installation of batt insulation.
  • The elimination of thermal bridging and a more airtight envelope contributes to the higher whole wall R-value of structural insulated wall panels, compared to the conventional metal and wood stud walls
  • The total volume of the panels used as structural insulated wall panels is much higher, compared to the volume of the panels used as structural insulated roof panels.
Segmentation - SIPs Market 1

To understand key trends, Download Sample Report

North America Region to Dominate the Market

  • North America region dominated the global market share in 2017. The construction industry in the United States has not been the same in 2017 as it was in the past three years. An increase has been observed in the private construction spending over the years. The residential and non-residential construction in 2017 has increased significantly compared to the previous years and is likely to grow in 2018.
Regional - SIPs Market

To understand geography trends, Download Sample Report

Competitive Landscape

  • The global structural insulated panels market is a highly fragmented market with no major player accounting for a prominent share in the global market.
  • Most of the market leaders are forward integrated, i.e., they produce structural insulated panels along with providing installations and maintenance services.
  • Premier Building Systems is the leading manufacturer of structural insulated panels in the North America region.

Major Players

  1. Premier Building Systems
  2. Kingspan Group
  3. Rautaruukki Corporation

* Complete list of players covered available in the table of contents below

Market Concentration - SIPs Market

Download the market shares of key players in this industry.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand from the Construction Sector

      2. 4.1.2 Increasing Cold Storage Applications

    2. 4.2 Restraints

      1. 4.2.1 Advancements in Building Technologies such as Modular Construction Techniques

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porters 5 Force Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Product

      1. 5.1.1 EPS (Expanded Polystyrene) Panel

      2. 5.1.2 Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panel

      3. 5.1.3 Glass Wool Panel

      4. 5.1.4 Other Products (Extruded Polystyrene Foam)

    2. 5.2 Application

      1. 5.2.1 Building Wall

      2. 5.2.2 Building Roof

      3. 5.2.3 Cold Storage

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

        4. 5.3.2.4 Rest of North America

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 Italy

        4. 5.3.3.4 France

        5. 5.3.3.5 Russia

        6. 5.3.3.6 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Alubel SpA

      2. 6.4.2 ArcelorMittal

      3. 6.4.3 BALEX-METAL

      4. 6.4.4 DANA Group of Companies

      5. 6.4.5 Isopan (Manni Group SpA)

      6. 6.4.6 Italpannelli SRL

      7. 6.4.7 Jiangsu Jingxue Insulation Technology Co. Ltd

      8. 6.4.8 Kingspan Group

      9. 6.4.9 Marcegaglia SpA

      10. 6.4.10 Metecno

      11. 6.4.11 Multicolor Steels (India) Pvt Ltd

      12. 6.4.12 NCI Building Systems

      13. 6.4.13 Nucor Building Systems

      14. 6.4.14 Owens Corning

      15. 6.4.15 PFB Corporation

      16. 6.4.16 Premier Building Systems

      17. 6.4.17 Rautaruukki Corporation

      18. 6.4.18 Tata Steel Europe Limited

      19. 6.4.19 Zamil Steel Pre-Engineered Buildings Co. Ltd

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Increase in Demand from Emerging Economies

**Subject to Availability

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please Enter a Valid Message!


Complete your payment details below

Shipping & Billing Information

Payment Information