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Structural Insulated Panels Market 2023-32 : Industry Analysis, Size, Share, Growth And Forecast | Kingspan Group, PFB Corporation, Isopan, Structural Panels Inc., Ingreen Systems Corp., Owens Corning
Structural Insulated Panels Market
Structural Insulated Panels Market Size, Growth Rate, And Forecast
The global structural insulated panels market size grew from $0.41 billion in 2022 to $0.43 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The structural insulated panels market size is expected to grow to $0.55 billion in 2027 at a CAGR of 6.3%.
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Structural Insulated Panels Market Drivers
The increase in emphasis on green buildings is expected to propel the growth of the structural insulated panels market. The structural insulated panel system has superior thermal resistance and, insulation capabilities, which enables the building envelope to regulate the heating, cooling, and humidity using less energy to heat or cool.
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Structural Insulated Panels Market Segments
• By Product: EPS (Expanded Polystyrene) Panel, Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panel, Glass Wool Panel, Other Products
• By Facing Material: Oriented Strand Board (OSB) Structural Insulated Panels, Magnesium Oxide (MgO) Board Structural Insulated Panels
• By Application: Walls And Floors, Roofs, Cold Storage
• By End User: Residential, Nonresidential
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Structural Insulated Panels market.
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Structural Insulated Panels Market Key Players
Major players in the structural insulated panels market is Kingspan Group, PFB Corporation, Isopan, Structural Panels Inc., Ingreen Systems Corp., Owens Corning, Premier Building Systems, Inc., T. Clear Corporation, ACME Panels, Eagle Panel Systems, Inc., Future Building of America, Isopan, Korwall Industries, M-sips, Inc., and Porter Corp.
The Business Research Company's "Global Structural Insulated Panels Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Structural Insulated Panels Market Include:
1. Executive Summary
2. Structural Insulated Panels Market Characteristics
3. Structural Insulated Panels Market Trends And Strategies
4. Structural Insulated Panels Market - Macro Economic Scenario
5. Structural Insulated Panels Market Size And Growth
……
27. Structural Insulated Panels Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Structural Insulated Panels Market
29. Structural Insulated Panels Market Future Outlook and Potential Analysis
30. Appendix
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