The Structural Insulated Panels Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Structural Insulated Panels Market?
The market size for structural insulated panels has consistently expanded over the years. The market, valued at $0.45 billion in 2024, is projected to reach $0.47 billion in 2025, growing at a compound annual growth rate (CAGR) of 5.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Structural Insulated Panels Industry?
The Structural Insulated Panels market is predicted to reach a value of $0.57 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.2%.
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What are the Key Growth Drivers Fueling the Structural Insulated Panels Market?
The key drivers in the structural insulated panels market are:
• Rising urbanization fueling demand for structural insulated panels
• Expansion of the residential sector
• Increase in infrastructure investments
• Advancements in technology and integration of structural insulated panels in modular construction
Global Market Segmentation: Identifying Major Structural Insulated Panels Industry Segments
The structural insulated panels market covered in this report is segmented –
1) By Insulation Materials: Expanded Polystyrene (EPS) Panel, Rigid Polyurethane (PUR), Rigid Polyisocyanurate (PIR) Panel, Glass Wool, Stone Wool, Extruded Polystyrene Foam Panel, Other Insulation Materials
2) By Facing Material: Oriented Strand Board (OSB) Structural Insulated Panels, Magnesium Oxide (MGO) Board Structural Insulated Panels, Other Facing Materials
3) By Application: Walls And Floors, Roofs, Cold Storage
4) By End User: Residential, Non-Residential
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What are the Emerging Trends Shaping the Future of the Structural Insulated Panels Market?
The key trends in the structural insulated panels market are:
• Technological advancements are set to significantly shape the future of the structural insulated panels market.
• The market's future is also likely to be influenced by the growing use of structural insulated panels in modular construction.
• The trend towards green building and sustainability is escalating, which will crucially impact the market.
• A rise in investments, product innovations, and mergers and acquisitions are key emerging trends in the market.
Who Are the Top Competitors & Leading Players in the Structural Insulated Panels Market?
Major companies in the structural insulated panels market are:
• Owens Corning
• Kingspan Group Plc
• SSAB AB
• KPS Global
• Premier SIPs
• Enercept Inc
• Extreme Panel Technologies Inc.
• Isopan
• Structural Panels Inc
• All Weather Insulated Panels
• Shandong Hark Steel Material Co Ltd
• Shandong Wiskind Architectural Steel Co Ltd
• Shandong Wiskind Steel Structure Co Ltd
• Xiamen Yumi New Material Technology Co Ltd
• Yantai Jedha Industrial and Trading Co Ltd
• Golden Power (Fujian) Building Material Science Technology Co Ltd
• Shree Shani Green Energy
• Versiclad
• EnviroSip
• Solaris
• Glosford SIPS
• Self-Build
• Metawell
• Sipcon.House
• SIPs
• Sipeurope
• ECSUS Design
• Karmod
• Tekhnostyl Group
• Hotwell
• EcoEuroDom
• OrgTechStroy
• SipMontage
• Worsted
• FischerSIPS
• VIRMAK LLC
• TechnoNIKOL
• ACME Panel Company
• Energy Panel Structures Inc
• Foard Panel Inc
• General Panel Corporation
• Thermapan Structural Insulated Panels
• Knight Wall Systems
• Tafco
• Sinopan
• Isoeste
• Xipre
• Styropek
• Arauco
• Emirates Industrial Panel
• TSSC Group
• Sika AG
• Qatar Steel Industries Factory
• Dana Steel
• Isotherm Insulation FZC
• Zamil Steel
• Al Shahin Metal Industries
• Drycraeft
• Ecostruct Panel Systems
• New World Steel Construction
• Panel Co South Africa
• Isowall Group
• Rockwool.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the structural insulated panels market in 2024
