Global Structural Insulated Panels Market - Segmented by Product, Application, and Geography - Growth, Trends and Forecast (2018 - 2023)

SKU ID : INH- 12345801

Publishing Date : 20-Mar-2018

No. of pages : 133

PRICE
4250
8750

  • The global structural insulated panels market is expected to witness a CAGR of 4.2% during the forecast period of 2018—2023. The major factor driving the market is the rapidly increasing demand from the construction industry, cost efficiency of insulated panels, and reduction of power consumption.

    Growing Demand from Construction Sector

    There has been a constantly increasing demand for structural insulated panels from the construction sector as these panels allow for energy-efficient construction. Additionally, they are well insulated and allow for more airtight construction than traditional building methods. The growing construction sector in developing economies is expected to drive the market for structural insulated panels during the forecast period. However, the lack of awareness about structural insulated panels and strict government regulations are expected to hinder the market.

    Building Roof Sector Dominates the Market

    The building roof sector is expected to witness the highest demand for structural insulated panels with the fastest growth during the forecast period. The usage of standardized roof panel help in avoiding unnecessary shuttering, due to which it is highly preferred. Thus, there has been an increasing demand for structural insulated panels from building roof segment. Additionally, the growth of construction activities is expected to boost the demand for structural insulated panels, which in turn, shall further augment the growth of the structural insulated panels market.

    North America to Dominate the Market

    North America is expected to witness the highest demand for structural insulted panels during the forecast period. This is owing to the high adoption and growing demand for energy efficient structures. Europe is expected to have the second highest demand after North America.

    Key Developments in the Market

    June 2017: Kingspan Insulated Panels introduced new Factory Applied Weather Seal (FAWS) designed to improve weather protection and thermal performance in their insulated roof panels.

    The major players include Kingspan, Metecno, Isopan, NCI Building Systems, and TATA Steel, among others.

    Reason to Purchase the Report

    Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis.
    To understand the dominating process type and filler used in the market.
    To identify the countries expected to witness the fastest growth during the forecast period.
    Identify the latest developments, market shares, and strategies employed by the major market players.
    3-month analyst support along with the Market Estimate sheet (in Excel).

    Customization of the Report

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    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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