Oriented Strand Board Structural Insulated Panels Market Forecast and Trends Analysis Research Report 2021-2031

Fact.MR has released the structural insulated panels industry analysis that has revealed the past performance of the industry, which grew at the rate of 3.4% and generated US$ 380 Mn in 2020. Estimated growth rate is around 5% for the 2021 to 2031 period, and the market is likely to generate US$ 253.5 Mn absolute dollar opportunity in the same period.

Moreover, based on estimates, North American countries are anticipated to offer greater opportunities for structural insulated panel manufacturers as well as supplies over the coming years.

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Market Segments Covered in Structural Insulated Panels Industry Research

By Facing Material
Oriented Strand Board (OSB) Structural Insulated Panels
Magnesium Oxide (MgO) Board Structural Insulated Panels
Other Facing Materials

By Insulation Material
EPS Structural Insulated Panels
Glasswool Structural Insulated Panels
Polyurethane Structural Insulated Panels
Other Insulation Material Based Structural Insulated Panels

By Application
Structural Insulated Panels for Floors and Walls
Structural Insulated Panels for Roofs
Structural Insulated Panels for Cold Storage

By End Use
Structural Insulated Panels for Residential Use
Structural Insulated Panels for Commercial Use

We leverage space-age industrial and digitalization tools to provide avant-garde actionable Structural Insulated Panels Market insights to our clients.

SWOT analysis has been performed in the market study to investigate the strengths, weaknesses, opportunities and threats of each player, both at global and regional levels.

The latest industry analysis and survey on Structural Insulated Panels provides sales outlook in 20+ countries, across key categories. Insights and outlook on Structural Insulated Panels market drivers, trends, and influencing factors are also included in the study.

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Key Takeaways from Market Study

The global structural insulated panels market is anticipated to add 1.6X value by 2031
EPS structural insulated panels capture more than three-fourth global market share, and are set to create an absolute $ opportunity of US$ 488 Mn by 2031
Among the end users, revenue from residential users has been growing at a faster pace
North America is expected to dominate global market revenue in 2021
The market in China and India is expected to rise at around 8.6% and 11.2% CAGR, respectively, through 2031
Due to the COVID-19 crisis, demand for structural insulated panels has increased immensely, which will boost the overall market over the coming years

This report gives you access to decisive data such as:

• Demand of Structural Insulated Panels Market & Growth drivers
• Factors limiting Structural Insulated Panels market growth
• Current key trends of Structural Insulated Panels Market
• Market Size of Structural Insulated Panels and Structural Insulated Panels Sales projections for the coming years

The report also offers key trends of Structural Insulated Panels market and an in-depth analysis of how the projected growth factors will shape the Structural Insulated Panels market dynamics in the coming years of the forecast period.
Moreover, it also gives meaningful as well as actionable insights on the competitive analysis of Structural Insulated Panels Market that are developing the current market scenario and which will be lucrative for the future demand of Structural Insulated Panels Market.

Crucial insights in Structural Insulated Panels market research report:
• Underlying macro- and microeconomic factors impacting the Sales of Structural Insulated Panels market.
• Basic overview of the Structural Insulated Panels, including market definition, classification, and applications.
• Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend and supply side analysis of Structural Insulated Panels across various industries.
• Important regions and countries offering lucrative opportunities to market stakeholders.

Why are Structural Insulated Panels Cost Effective for Manufacturers and Users Alike?

Structural insulated panels are constructed off-site in predefined or standard size and are finished and assembled on-site to build walls, roofs, floors, etc. This is an alternative to traditional building methods and provides fast construction at a comparatively lesser overall cost.

In addition, structural insulated panels provide safe construction, very low wastage of material, and benefits associated with the recovery of value due to the dismantling feature rather than demolition.

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The Market insights of Structural Insulated Panels will improve the revenue impact of businesses in various industries by:
• Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Structural Insulated Panels Market
• Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Structural Insulated Panels market and offers solutions
• Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
• Helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Structural Insulated Panels market .

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Which Region is Projected to Offer the Largest Opportunity for Structural Insulated Panel Manufacturers?

With the fastest growth of 10.6% CAGR, South Asia is projected to generate US$ 52 Mn absolute dollar opportunity over the forecast period.

Significant growth in urbanization and spurt in smart city projects in the region are projected to elevate demand for structural insulated panels.

Competitive Analysis
The structural insulated panels market is fragmented in nature, where companies are focusing on entering into long-term contracts with builders and large construction houses.

In July 2021, Owens Corning acquired Vliepa GmbH, which specializes in printing, finishing and coating of papers, films, and nonwovens for building material industry. With this acquisition, Owens will be able to expand its global operations and better serve the European market.

In April 2021, Kingspan Group announced a partnership with H2 Green Steel, under which, the focus will be to reduce Kingspan's insulated panel products’ carbon emissions by 45%.

In June 2021, Kingspan group partnered with Technological University Dublin (TU Dublin) to support the construction of the university’s innovative design and construct centre.

In March 2021, Kingspan group entered into an agreement to acquire Logstor for nearly US$ 300 Mn, through which, the company will be able to make a strong presence in the European, North American, and Middle Eastern markets.
In September 2019, All Weather Insulated Panels (AWIP) expanded its manufacturing unit in East Stroudsburg, Pennsylvania, a strategic geographic location that will cater to the needs of existing customers, and the company will be able to establish itself in the eastern region of the United States.

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