Competitive Landscape and Strategic Insights for the Structural Insulated Panels Market Forecast 2023-28
Structural Insulated Panels Market - Industry
Trends and Forecast to 2028
MarkNtel Advisors,
a prominent market research firm, has recently published a report titled Structural Insulated Panels Market:
Industry Trends, Share, Size, Growth, Opportunity, and Forecast
2023-2028. This study offers an
in-depth examination of the industry, encompassing Structural Insulated Panels
market share, size, trends, and growth predictions. Additionally, the report
features an analysis of competitors and regions while spotlighting the most
recent developments in the market.
Structural Insulated Panels Reports Highlights
What
is the size of the Structural Insulated Panels Market?
The Global Structural Insulated Panels Market is projected to grow at more
than 5% CAGR during the forecast period, i.e., 2023-28. Most of the market
expansion is projected to be driven by the mounting demand for SIPs in the
globally booming construction sector due to their benefits, including enhanced
energy efficiency, cost-effectiveness, and easy operation, as well as their
composite nature that makes them highly versatile for any type of construction.
What
do the growth prospects and trends look like in the Structural Insulated Panels
Industry?
-In December 2021, the Riverside Company, by an
affiliate, completed the acquisition of PFB Corporation, a North America-based
manufacturer of proprietary insulating building products based on EPS (Expanded
Polystyrene) technology.
-The same year in July, Owens Corning announced
the acquisition of Vliepa GmbH, which specializes in printing, finishing, and
coating of films, papers, & nonwovens for the building materials industry.
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What Components are encompassed within Structural
Insulated Panels Market segmentation?
The report has divided the market into the following segments:
By
Insulation Material
-Polystyrene
-Polyurethane
-Expanded Polystyrene
By Facing
Material
-Oriented Strand Board (OSB)
-Magnesium Oxide Board (MOB)
By
Application
-Floor
-Wall
-Ceiling
By
Distribution Channel
-Offline
-Online
By End
User
-Household
-Commercial
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific.
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Who are the Primary Companies or Entities
active in the Industry?
The report covers the major market players including:
-ACME
-American Insulated Panel
-Extreme Panel
-InGreen Systems
-Kingspan Group PLC
-Owens Corning
-PFB Corporation
-T Clear Corporation
-Enercept
-Foard Panel
-METL Span
-KPS Global
-Isopan
-All Weather Insulated Panel
-Porter Corp.
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Our specialization in niche industries &
emerging geographies allows our clients to formulate their strategies in a much
more informed way and entail parameters like Go-to-Market (GTM), product
development, feasibility analysis, project scoping, market segmentation,
competitive benchmarking, market sizing & forecasting, & trend
analysis, among others, for 15 diverse industrial verticals.
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