Structural Insulated Panels Market Will Generate Massive Revenue By 2027

By Author: Dittya
Total Articles: 16
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The global structural insulated panels market size is expected to reach USD 611.8 Million in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady growth of the market can be attributed to rising need for more cost-effective and energy-efficient building solutions with improved thermal performance and structural efficiency. The construction industry is increasingly utilizing structural insulated panels as these panels offer a variety of benefits over conventional stick frame construction materials. Construction time is significantly reduced with structural insulated panel homes as the process is more controllable and precise through the use of factory-produced pieces. Structural insulated panels reduce onsite waste due to framing, which is another factor contributing to growing demand for these systems. Factory waste can also be minimized, and the material can be potentially recycled.

Based on the in-depth analysis the research also brings to light major facts pertaining to the vital aspects such as market share, size, and growth rate. Deep dive into other ...
... aspects including the investment feasibility, demand and supply, import and export status, supply chain management and growth prospects narrates a lot about what the business environment will be like for the forecast period,2020 - 2027. All the vital statistics in the report are explained with the help of resources such as tables, charts, and info graphics.

Read more@ https://www.emergenresearch.com/industry-report/structural-insulated-panels-market

Key Highlights From The Report

In July 2020, DuPont launched a new, reduced Global Warming Potential (GWP) styrofoam brand Insulation. The new product is expected to support modern, high-performance building design, and reduce greenhouse gas emissions.

Wall segment accounted for largest revenue share in 2020. Rising need for improved thermal performance and enhanced energy efficiency of buildings is driving demand for insulation of walls and supporting growth of the structural insulated panels market.

EPS panel segment revenue is expected to expand at a rapid CAGR during the forecast period. The low water absorption rate of EPS prevents humidity and moisture, and as well as the corrosion of load-bearing system accessories, which is resulting in growing demand in the construction industry.
Residential segment accounted for a significantly high revenue share in the structural insulated panels market in 2020. Renovation of existing residential structures due to improving living standards of consumers in developing economies is augmenting demand for structural insulated panels for residential construction applications.

North America accounted for largest revenue share contribution to the global structural insulated panels market in 2020. Presence of major players in the region such as PFB corporation, Owens Corning, Premier SIPs, Enercept, Inc., Foard Panel Inc., and Extreme Panel Technologies is expected to boost growth of the structural insulated panels market during the forecast period.

Key players in the market include Kingspan Group, PFB Corporation, Owens Corning, Premier SIPS: Structural Insulated Panels, Enercept, Inc., Extreme Panel Technologies, T.Clear Corporation, ALUBEL SPA, Foard Panel, and Acme Panel.

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Application Outlook (Revenue, USD Million; 2018–2028)
Wall
Floor
Roof

Product Outlook (Revenue, USD Million; 2018–2028)
EPS (Expanded Polystyrene) Panel
Glass Wool Panel
Polyurethane
XPS (Extruded Polystyrene) Foam

End-use Outlook (Revenue, USD Million; 2018–2028)
Residential
Non-residential

Regional Outlook (Revenue, USD Million; 2018–2028)
North America
Europe
Asia Pacific
Latin America
MEA

Table of Content
Chapter 1. Methodology & Sources
1.1. Structural insulated panels Market Definition
1.2. Structural insulated panels Market Research Scope
1.3. Structural insulated panels Market Methodology
1.4. Structural insulated panels Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Structural insulated panels Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Structural insulated panels Market Segmentation & Impact Analysis
Continued…