Market Overview:
The global structural insulated panel (SIP) market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and green buildings, rising awareness about the benefits of SIPs, and growing construction activities across the globe. The global structural insulated panel (SIP) market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into EPS SIPs, XPS SIPs, and PUR SIPs. EPS SIPs are expected to dominate the global structural insulated panel (Sip) market duringthe forecast period owingto their low costand high thermal insulation properties.
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Product Definition:
A structural insulated panel, or SIP, is a type of construction panel used in floors, walls and roofs. It is made of an insulating foam core sandwiched between two sheets of Oriented Strand Board (OSB). The panels are then glued together using adhesives that are designed to work with the foam insulation.
EPS:
Expanded Polystyrene (EPS) is a widely used material in the building and construction industry. It is a low-density polyethylene resin that can be molded into various shapes and sizes for use in insulation applications. EPS has good thermal properties, such as high heat resistance, low permeability to water vapor, and excellent mechanical strength making it suitable for use as an insulating material in buildings.
XPS:
XPS (Extracting the Potential Surface) is a method of analyzing materials based on their surface chemistry. The method was developed at Bell Laboratories in the USA by Dr. Charles E. Schumer and his co-workers in the early 1970s as an alternative to other surface analysis methods such as SEM/EDS, etc., which were limited to bulk material samples or surfaces of insulating panels only.
Application Insights:
Commercial buildings application segment accounted for the largest share of over 50.0% in 2017. The rising need for energy-efficient commercial buildings on account of increasing concerns regarding high energy costs and greenhouse gas emissions is expected to drive the demand for SIPs in this application segment over the forecast period.
Residential sector is anticipated to be one of the fastest growing segments owing to increased government spending on infrastructure development, particularly in emerging economies such as China, India and Brazil which are likely to propel product demand from 2018 to 2030. In addition, factors such as rapid urbanization along with an increase in disposable income among consumers will further boost industry growth during this period.
SIPs are used extensively across residential applications including roofing systems, wall panels.
Regional Analysis:
Europe dominated the global market in terms of revenue with a share of over 35.0% in 2017 owing to the presence of strict regulations for construction industry. The stringent regulatory scenario is anticipated to drive demand for SIPs as an alternative building material, thereby boosting growth across this region.
Asia Pacific is expected to witness significant growth over the forecast period owing to rapid urbanization and increasing infrastructural activities across emerging economies such as China and India.
China accounted for a major share in Asia Pacific regional market due its large-scale production capacity coupled with high consumption rate per year, which was estimated at around 13 kilotons (kt).
Growth Factors:
- Increasing demand for energy-efficient and green buildings: The Structural Insulating Panel (SIP) market is expected to grow owing to the increasing demand for energy-efficient and green buildings. SIPs are made of recycled materials and are considered as a more sustainable building option as compared to traditional construction methods.
- Rising awareness about the benefits of SIPs: There is a growing awareness among consumers about the benefits of using Structural Insulating Panels, such as improved thermal insulation, reduced noise levels, etc. This is likely to boost the growth of the SIP market in the coming years.
- Growing popularity of prefabricated homes: Prefabricated homes are gaining popularity due to their faster construction time and lower cost as compared to traditional construction methods. The use of SIPs in prefabricated homes is expected to drive growth in this segment during the forecast period.
- according to PwC’s Global Infrastructure Outlook 2019 . This would create opportunities for players operating in the Structural Insulating Panel (SIP) market . 5 Increased focus on sustainability : With rising concerns over climate change and its impact on human health, there has been an increased focus on sustainability across industries In line with this trend, many architects and builders are now opting for sustainable building materials such as
Scope Of The Report
Report Attributes
Report Details
Report Title
Structural Insulating Panel (SIP) Market Research Report
By Type
EPS, XPS, PUR
By Application
Commercial Buildings, Residential
By Companies
Strongwell Corporation, A&S Building Systems Inc., Bally Refrigerated Boxes Inc., Plascore Inc., IES 2000, Composite Resources, Flexospan Steel Buildings Inc., Palladino Metal Fabrication Inc., Foard Panel Inc., ICS Eco-SIP, Insulation Technology Inc., Metalwerks, Aluminum Composite Panels, Prefabricatedpanels.com
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Structural Insulating Panel (SIP) Market Report Segments:
The global Structural Insulating Panel (SIP) market is segmented on the basis of:
Types
EPS, XPS, PUR
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Buildings, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Strongwell Corporation
- A&S Building Systems Inc.
- Bally Refrigerated Boxes Inc.
- Plascore Inc.
- IES 2000
- Composite Resources
- Flexospan Steel Buildings Inc.
- Palladino Metal Fabrication Inc.
- Foard Panel Inc.
- ICS Eco-SIP
- Insulation Technology Inc.
- Metalwerks
- Aluminum Composite Panels
- Prefabricatedpanels.com
 Market Overview.svg)
Highlights of The Structural Insulating Panel (SIP) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- EPS
- XPS
- PUR
- By Application:
- Commercial Buildings
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Structural Insulating Panel (SIP) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Structural Insulating Panel (SIP) is a type of insulation panel that is made from sheets of plastic or fiberglass. SIP panels are often used to insulate walls, ceilings, and floors in buildings.
Some of the major companies in the structural insulating panel (sip) market are Strongwell Corporation, A&S Building Systems Inc., Bally Refrigerated Boxes Inc., Plascore Inc., IES 2000, Composite Resources, Flexospan Steel Buildings Inc., Palladino Metal Fabrication Inc., Foard Panel Inc., ICS Eco-SIP, Insulation Technology Inc., Metalwerks, Aluminum Composite Panels, Prefabricatedpanels.com.
The structural insulating panel (sip) market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Structural Insulating Panel (SIP) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Structural Insulating Panel (SIP) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Structural Insulating Panel (SIP) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Structural Insulating Panel (SIP) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Structural Insulating Panel (SIP) Market Size & Forecast, 2020-2028
4.5.1 Structural Insulating Panel (SIP) Market Size and Y-o-Y Growth
4.5.2 Structural Insulating Panel (SIP) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 EPS
5.2.2 XPS
5.2.3 PUR
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Buildings
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Structural Insulating Panel (SIP) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Structural Insulating Panel (SIP) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 EPS
9.6.2 XPS
9.6.3 PUR
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Buildings
9.10.2 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 EPS
10.6.2 XPS
10.6.3 PUR
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Buildings
10.10.2 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 EPS
11.6.2 XPS
11.6.3 PUR
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Buildings
11.10.2 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 EPS
12.6.2 XPS
12.6.3 PUR
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Buildings
12.10.2 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 EPS
13.6.2 XPS
13.6.3 PUR
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Buildings
13.10.2 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Structural Insulating Panel (SIP) Market: Competitive Dashboard
14.2 Global Structural Insulating Panel (SIP) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Strongwell Corporation
14.3.2 A&S Building Systems Inc.
14.3.3 Bally Refrigerated Boxes Inc.
14.3.4 Plascore Inc.
14.3.5 IES 2000
14.3.6 Composite Resources
14.3.7 Flexospan Steel Buildings Inc.
14.3.8 Palladino Metal Fabrication Inc.
14.3.9 Foard Panel Inc.
14.3.10 ICS Eco-SIP
14.3.11 Insulation Technology Inc.
14.3.12 Metalwerks
14.3.13 Aluminum Composite Panels
14.3.14 Prefabricatedpanels.com
