Overview of the Structural Insulated Panels Industry
The Structural Insulated Panels market is projected to experience substantial growth between 2025 and 2030, driven by digital transformation, innovation in service delivery, and expanding global demand. With a forecasted CAGR of 5.8%, the market is expected to reach USD 18.1 Billion in 2030.
This report offers an in-depth analysis of the key drivers, challenges, competitive landscape, and future outlook — helping businesses, investors, and stakeholders make informed decisions.
Market Size & Forecast (2025–2030)
- Base Year: 2023
- Forecast Period: 2024–2030
- Market Size (2023): USD 11.2 Billion
- Estimated CAGR (2024–2030): 5.8%
- Forecasted Market Value (2030): USD 18.1 Billion
Key Market Driver (What’s Driving Structural Insulated Panels Sector Growth?)
Rising Adoption of Cold Storage and Mitigation of Disasters Maximize Market Revenue – Natural disasters are unpredictable, as enhancing disaster-resistant structures and extreme weather incidences, facilitates the flourishing requirements of Structural insulated panels. Reasonably priced, eco-friendly, long-lasting, and also signifying tough strength and resilience, are the primary reasons behind the long-term utilization of SIPs. Apart from this, cold storage is a crucial component for numerous industries, such as medicine, food processing, food preparation, warehousing, storage systems, etc., here SIPs play an important role. This growing requirement for cold storage ultimately resulted in driving the global market growth and development.
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Structural Insulated Panels Industry Recent Development:
- 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.
Top Companies in the Structural Insulated Panels Market
Here’s a snapshot of key players leading innovation and market share:
- ACME Panel
- 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.
- Others
Includes SWOT analysis, revenue trends, partnerships, and product launches.
Factor Hinder Keyword Industry Growth
Lack of knowledge of Structural Insulated Panels – The high adoption of SIPs owing to their advanced features also requires extensive knowledge and awareness regarding the benefits that these panels offer. Construction workers such as Architects, contractors, and builders are the only individuals who gained the expertise and concerned knowledge of SIPs, which is not sufficient. For SIPs to be extensively used, more construction workers must get proper knowledge regarding the advantages of SIPs and the proper installation procedures. This lack of awareness is expected to hamper the market growth.
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Structural Insulated Panels Market Segmentation Analysis
-By Insulation Material
- Polystyrene
- Polyurethane
- Expanded Polystyrene (EPS)
Of these three, Expanded Polystyrene (EPS) holds a larger share of the Global Structural Insulated Panels Market.
-By End-User
- Households
- Commercial
- Industrial
Among all, households hold the largest share of the Global Structural Insulated Panels Market, and the same trend is likely during 2024-30.
-By Facing Material
- Oriented Strand Board (OSB) – Market Size & Forecast 2019-2030, USD Million
- Magnesium Oxide Board (MOB) – Market Size & Forecast 2019-2030, USD Million
-By Application
- Floor- Market Size & Forecast 2019-2030, USD Million
- Wall- Market Size & Forecast 2019-2030, USD Million
- Ceiling- Market Size & Forecast 2019-2030, USD Million
-By Distribution Channel
- Offline- Market Size & Forecast 2019-2030, USD Million
- Online- Market Size & Forecast 2019-2030, USD Million
Geographical Analysis
-By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Of all regions globally, North America dominates the Structural Insulated Panels Market with the largest share.
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Methodology Behind the Report
This research combines qualitative and quantitative methods, including:
- Expert interviews
- Proprietary forecasting models
- Financial and trade databases
- Government and institutional data
Forecasts are validated using top-down and bottom-up approaches to ensure accuracy and reliability.
Frequently Asked Questions About the Structural Insulated Panels Market
- What is the growth rate of the Structural Insulated Panels market from 2024–2030?
- Which segment are expected to dominate market?
- Who are the top companies and what strategies being they using?
- What are the key risks and challenges in this industry?
- How can businesses prepare for future trends?
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