Edit Content

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Structured Insulated Panels Market to reach USD XX billion by the end of 2030

Global Structured Insulated Panels Market Size study & Forecast, by Product (EPS Panel, Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panel, Glass Wood Panels, Other Products), by Skin Material (Oriental Strand Board, Plywood, Other Skin Materials), by Application (Building Wall, Building Roof, Cold Storage) and Regional Analysis, 2023-2030

Product Code: CMAM-45445441
Publish Date: 10-08-2023
Page: 200

Global Structured Insulated Panels Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2023-2030. Structured Insulated Panels (SIPs) are building panels composed of a rigid foam insulation core sandwiched between two layers of structural facing materials, typically oriented strand board (OSB) or plywood. The insulation core provides excellent thermal resistance, while the facing materials provide structural strength and rigidity. SIPs are prefabricated in factory-controlled conditions and can be customized to fit specific building requirements. They are used as a construction material for walls, roofs, and floors in residential, commercial, and industrial buildings, offering energy efficiency, faster installation, and improved structural performance compared to traditional construction methods. The driving factors boosting the market growth are higher thermal resistance compared to traditional building materials and faster construction with cost savings. The higher thermal resistance offered by innovative building materials enhances energy efficiency and occupant comfort, potentially leading to long-term savings on energy bills. Simultaneously, faster construction techniques provide time and cost advantages by expediting project completion and reducing labor and material expenses. These combined benefits make these approaches appealing to the construction industry and building owners seeking sustainable, cost-effective, and efficient solutions.

According to the US Department of Energy, SIPs can reduce energy costs by 12% to 14% in residential buildings. SIPs offer higher thermal resistance than traditional building materials, resulting in reduced energy consumption for heating and cooling and contributing to energy efficiency and sustainability. SIPs’ pre-fabricated nature enables faster construction. The National Association of Home Builders (NAHB) in 2018, states that SIPs can reduce construction time by 55% compared to traditional framing methods. The Structural Insulated Panel Association (SIPA) reports that SIPs can save up to 50% in labor costs due to their simplified installation process. Moreover, the growth of the construction industry in developing countries and increasing emphasis on green building initiatives and green practices are expected to create significant opportunities for the market. However, the lack of awareness about Structured Insulated Panels and volatility in raw materials (EPS and XPS) prices stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Structured Insulated Panels Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising demand from the residential sector, well-developed cold chain and logistics industry, and government efforts to build social infrastructure. In January 2023, the U.S. Department of Transportation allocated a total of USD 5 billion for nine mega-construction projects nationwide through the National Infrastructure Project Assistance (Mega) discretionary grant program. Asia Pacific is expected to become the fastest growing during the forecast period, owing to factors such as rapid construction growth in residential and commercial sectors and green building adoption.

Major market player included in this report are:
Cornerstone Building Brands
ArcelorMittal S.A.
Alubel SpA
DANA Group of Companies
Jiangsu Jingxue Insulation Technology Co. Ltd.
Kingspan Group
Manni Group SpA
Nucor Building Systems
Italpannelli SRL
Rautaruukki Corporation

Recent Developments in the Market:
Ø In June 2022, Owens Corning acquired WearDeck, a Florida-based composite decking and structural lumber manufacturer, to enhance its weather-resistant product portfolio and expertise in commercial and residential applications. The acquisition aims to strengthen Owens Corning’s market presence in the decking and lumber industry.
Ø In January 2022, Owens Corning launched FOAMGLAS Perinsul SIP, a thermal bridge solution for high-performance buildings. This new structural insulated panel, composed of cellular glass, effectively eliminates thermal bridging, enhances energy efficiency, and reduces performance degradation in case of moisture exposure.
Global Structured Insulated Panels Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product, Skin Material, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
EPS (Expanded Polystyrene) Panel
Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panel
Glass Wood Panels
Other Products (Extruded Polystyrene Foam)

By Skin Material:
Oriental Strand Board (OSB)
Other Skin Materials (Cement Board)

By Application:
Building Wall
Building Roof
Cold Storage

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Structured Insulated Panels Market, by Region, 2020-2030 (USD Billion)
1.2.2. Structured Insulated Panels Market, by Product, 2020-2030 (USD Billion)
1.2.3. Structured Insulated Panels Market, by Skin Material, 2020-2030 (USD Billion)
1.2.4. Structured Insulated Panels Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Structured Insulated Panels Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Structured Insulated Panels Market Dynamics
3.1. Structured Insulated Panels Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Higher Thermal resistance compared to traditional building materials Rapid Construction and Cost Savings in construction
3.1.2. Market Challenges Lack of awareness about Structured Insulated Panels Volatility in raw materials prices
3.1.3. Market Opportunities Growing construction industry in developing countries Increasing emphasis on green building initiatives
Chapter 4. Global Structured Insulated Panels Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Structured Insulated Panels Market, by Product
5.1. Market Snapshot
5.2. Global Structured Insulated Panels Market by Product, Performance – Potential Analysis
5.3. Global Structured Insulated Panels Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Structured Insulated Panels Market, Sub Segment Analysis
5.4.1. EPS (Expanded Polystyrene) Panel
5.4.2. Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panel
5.4.3. Glass Wood Panels
5.4.4. Other Products (Extruded Polystyrene Foam)
Chapter 6. Global Structured Insulated Panels Market, by Skin Material
6.1. Market Snapshot
6.2. Global Structured Insulated Panels Market by Skin Material, Performance – Potential Analysis
6.3. Global Structured Insulated Panels Market Estimates & Forecasts by Skin Material 2020-2030 (USD Billion)
6.4. Structured Insulated Panels Market, Sub Segment Analysis
6.4.1. Oriental Strand Board (OSB)
6.4.2. Plywood
6.4.3. Other Skin Materials (Cement Board)
Chapter 7. Global Structured Insulated Panels Market, by Application
7.1. Market Snapshot
7.2. Global Structured Insulated Panels Market by Application, Performance – Potential Analysis
7.3. Global Structured Insulated Panels Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Structured Insulated Panels Market, Sub Segment Analysis
7.4.1. Building Wall
7.4.2. Building Roof
7.4.3. Cold Storage
Chapter 8. Global Structured Insulated Panels Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Structured Insulated Panels Market, Regional Market Snapshot
8.4. North America Structured Insulated Panels Market
8.4.1. U.S. Structured Insulated Panels Market Product breakdown estimates & forecasts, 2020-2030 Skin Material breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Structured Insulated Panels Market
8.5. Europe Structured Insulated Panels Market Snapshot
8.5.1. U.K. Structured Insulated Panels Market
8.5.2. Germany Structured Insulated Panels Market
8.5.3. France Structured Insulated Panels Market
8.5.4. Spain Structured Insulated Panels Market
8.5.5. Italy Structured Insulated Panels Market
8.5.6. Rest of Europe Structured Insulated Panels Market
8.6. Asia-Pacific Structured Insulated Panels Market Snapshot
8.6.1. China Structured Insulated Panels Market
8.6.2. India Structured Insulated Panels Market
8.6.3. Japan Structured Insulated Panels Market
8.6.4. Australia Structured Insulated Panels Market
8.6.5. South Korea Structured Insulated Panels Market
8.6.6. Rest of Asia Pacific Structured Insulated Panels Market
8.7. Latin America Structured Insulated Panels Market Snapshot
8.7.1. Brazil Structured Insulated Panels Market
8.7.2. Mexico Structured Insulated Panels Market
8.8. Middle East & Africa Structured Insulated Panels Market
8.8.1. Saudi Arabia Structured Insulated Panels Market
8.8.2. South Africa Structured Insulated Panels Market
8.8.3. Rest of Middle East & Africa Structured Insulated Panels Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Cornerstone Building Brands Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. ArcelorMittal S.A.
9.3.3. Alubel SpA
9.3.4. DANA Group of Companies
9.3.5. Jiangsu Jingxue Insulation Technology Co. Ltd.
9.3.6. Kingspan Group
9.3.7. Manni Group SpA
9.3.8. Nucor Building Systems
9.3.9. Italpannelli SRL
9.3.10. Rautaruukki Corporation
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now