Press release
Structural Insulated Panels Market Showing Impressive Growth during Forecast Period 2021 - 2031 | Rautaruukki Corporation, T. Clear Corporation, ACME Panels, American Insulated Panel
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Structural insulated panels (SIPs) are a type of prefabricated insulated panel used in the construction industry. SIPs are made of two layers of oriented strand board (OSB) or plywood with a foam core between them. The panels are typically 4 feet wide by 8 feet long and can be used for walls, floors, and roofs.
Key Trends
The key trends in Structural Insulated Panels technology are the development of more energy-efficient panels and the use of sustainable materials. Energy-efficient panels are made with a variety of insulation materials, such as polystyrene, that reduce heat loss and help keep homes and buildings cooler in the summer and warmer in the winter. Sustainable materials, such as bamboo, are becoming more popular as they are renewable and have a lower environmental impact than traditional materials.
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Key Drivers
Structural insulated panels (SIPs) are a high-performance building envelope solution that has many advantages over traditional stick-built construction. SIPs are composed of an insulating foam core sandwiched between two structural skins of oriented strand board (OSB). SIPs are manufactured in a factory setting under controlled conditions, which leads to a more energy-efficient, airtight, and strong building envelope.
The main drivers of the SIPs market are the energy efficiency and cost savings that SIPs offer over traditional construction methods. SIPs are also faster and easier to install, which reduces construction time and labor costs. In addition, SIPs provide a more comfortable indoor environment by reducing drafts, noise, and moisture.
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Market Segments
By Product Type
Polystyrene
Polyurethane Panels and Polyisocyanurate Panels
Glass Wool
Others
By Application
Walls & floors
Roofs
Cold Storage
By End User
Residential
Nonresidential
Key Players
The Structural Insulated Panels Market report includes players such as Owens Corning, PFB Corporation, Premier Building System, Rautaruukki Corporation, T. Clear Corporation, ACME Panels, American Insulated Panel, Extreme Panel Technologies, Inc., InGreen Systems, and Kingspan Group.
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