Growing Demand from Construction Sector
There has been a constantly increasing demand for structural insulated panels from the construction sector as these panels allow for energy-efficient construction. Additionally, they are well insulated and allow for more airtight construction than traditional building methods. The growing construction sector in developing economies is expected to drive the market for structural insulated panels during the forecast period. However, the lack of awareness about structural insulated panels and strict government regulations are expected to hinder the market.
Building Roof Sector Dominates the Market
The building roof sector is expected to witness the highest demand for structural insulated panels with the fastest growth during the forecast period. The usage of standardized roof panel help in avoiding unnecessary shuttering, due to which it is highly preferred. Thus, there has been an increasing demand for structural insulated panels from building roof segment. Additionally, the growth of construction activities is expected to boost the demand for structural insulated panels, which in turn, shall further augment the growth of the structural insulated panels market.
North America to Dominate the Market
North America is expected to witness the highest demand for structural insulted panels during the forecast period. This is owing to the high adoption and growing demand for energy efficient structures. Europe is expected to have the second highest demand after North America.
Key Developments in the Market
June 2017: Kingspan Insulated Panels introduced new Factory Applied Weather Seal (FAWS) designed to improve weather protection and thermal performance in their insulated roof panels.
The major players include Kingspan, Metecno, Isopan, NCI Building Systems, and TATA Steel, among others.
Reason to Purchase the Report
- Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis.
- To understand the dominating process type and filler used in the market.
- To identify the countries expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares, and strategies employed by the major market players.
- 3-month analyst support along with the Market Estimate sheet (in Excel).
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1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Technological Snapshot
3.3.1 Production Process
4. Market Dynamics
4.1.1 Increasing Demand from the Construction Sector
4.1.2 Other Drivers
4.2.1 Lack of Awareness about Structural Insulated Panel (SIP)
4.2.2 Advancements in Building Technologies such as Modular Construction Techniques
4.3.1 Increase in Demand from Emerging Economies
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Product
5.1.1 EPS (Expanded Polystyrene) Panels
5.1.2 Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panels
5.1.3 Glass Wool Panels
5.1.4 Other (Extruded Polystyrene Foam)
5.2 By Application
5.2.1 Building Wall
5.2.2 Building Roof
5.2.3 Cold Storage
6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.4 Rest of North America
6.3.2 United Kingdom
6.3.5 Rest of Europe
6.4 South America
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
8.1 Al Shahin Metal Industries
8.5 Dana Steel Processing Industry LLC
8.6 Hoesch Bausysteme GmbH
8.13 Metecno India Private Limited
8.14 Multicolor Steels
8.15 Nucor Building Systems
8.16 Paroc Group
8.18 Tata Steel Construction
8.19 Zamil Steel Pre-Engineered Buildings Co. Ltd
*List not exhaustive
**Subject to availability on public domain
- Al Shahin Metal Industries
- DANA STEEL PROCESSING INDUSTRY LLC
- Hoesch Bausysteme GmbH
- Metecno India Private Limited
- Multicolor Steels
- Nucor Building Systems
- Paroc Group
- Tata Steel Construction
- Zamil Steel Pre-Engineered Buildings Co. Ltd.