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Metal Structural Insulation Panels Market Size, Trends, Growth Status, Share, Research, and Forecast 2031 | Structural Panels Inc., Owens Corning, PFB Corp, KPS Global

02-14-2023 02:07 PM CET | IT, New Media & Software

Press release from: Report Ocean

Metal Structural Insulation Panels Market Size, Trends, Growth

The global metal structural insulation panels market size was US$ 43.7 billion in 2021. The global metal structural insulation panels market size is estimated to reach US$ 64.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period from 2022 to 2030.

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Metal structural insulation panels are high-performance building systems made from metals used for residential and light commercial construction. These panels are mainly used for the construction of floors, ceilings, and walls for light commercial and residential properties. It is a type of composite sandwich panel system that forms an insulating core.

Factors Affecting Marketing Growth

The growth in the commercial and residential real estate market drives the growth of the global market.
The rise in spending on home remodeling activities is another factor driving the growth of the market.
Metal structural insulation panels help in creating more energy-efficient buildings, which contributes toward the growth of the global market.
Fluctuations in the prices of raw materials such as polyurethane, polystyrene, and other metal components are hindering the growth of the global market.

Impact on COVID-19 Analysis

The COVID-19 outbreak majorly impacted the construction, manufacturing, hotel, and tourism industries. Manufacturing activities were halted or restricted. Construction and transportation activities, along with their supply chains, were hampered on a global level. This led to a decline in the manufacturing of metal structural insulation panels as well as their demand in the market, thereby restraining the growth of the metal structural insulation panels market. However, industries are gradually resuming their regular manufacturing and services, which will increase the demand of the market in the coming years.

Regional Analysis

Asia Pacific is estimated to lead the global metal structural insulation panels market due to growing green building technology penetration. Along with this, the increasing customer need for cost-effective and high-performance materials for building construction will drive economic growth. The rising cost of infrastructure for the construction of houses, supermarkets, hotels, and offices with high thermal resistance materials will drive the growth of the global market.

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Leading Competitors
The prominent players in the global metal structural insulation panels market are:
Structural Panels Inc.
Owens Corning, PFB Corp
KPS Global
Kingspan Group PLC
Extreme Panel Technologies
In green Systems
American Insulated Panel
Metl-Span
ACME Panel
Others

Segmentation Analysis
The global metal structural insulation panels market segmentation focuses on Core Material, Application, End Use, and Region.

Segmentation on the basis of Core Material

Polyurethane
Polystyrene
Others

Segmentation on the basis of Application

Floor
Roof
Wall

Segmentation on the basis of End Use

Non-Residential
Residential

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Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Key questions answered in the global market report are:

- How does a global company acquire markets?
- What are its core strategies and policies?
- What factors will influence the market over the forecast period?
- What are the factors driving and restraining the market?
- What are the leading competitors in the global market?
- Which region is growing at a higher pace in the global market?

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We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

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