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Structural Insulated Panels Market to grow at highest CAGR by 2025

The global structural insulated panels market size is projected to grow from USD 405 million in 2020 to USD 517 million by 2025, at a Compound Annual Growth Rate (CAGR) of 5.0% during the forecast year.

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Structural Insulated Panels Market to grow at highest CAGR by 2025

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  1. Structural Insulated Panels Market worth $517 million by 2025 View Report Here - https://www.marketsandmarkets.com/Market-Reports/structural-insulated-panel-market-87284690.html

  2. Market Growth Rate COVID-19 impact on Global Structural Insulated Panels Market 2025 2020 Market Size of $405 Million Market Size of $517 Million • The global structural insulated panels market is expected to witness a minimal decrease in its growth rate in 2020-2021. The structural insulated panels market is in the ‘growth stage’, and requires timely meetings, quarter/annual conferences, and market programs. • These conferences & other marketing strategies are a vital part of the SIPs market and help in promoting the use of SIPs in the construction industry. Due to the pandemic, the manufacturers are experiencing disruptions in their quarter or annual meetings & conferences.

  3. Market Dynamics Driver: Increased demand for structural insulated panels for cold storage applications Restraint: Volatility in raw materials prices Opportunity: Supportive building regulations Challenge:  Lack of awareness about structural insulated panels View Press Release Here - https://www.marketsandmarkets.com/PressReleases/structural-insulated-panel.asp

  4. Scope of The Report The research report categorizes the Structural Insulated Panels Market in each of the following subsegments: • EPS • XPS • Others • Floor • Wall • Roof • OSB • MgO Board • Others By Facing Material By Construction Type By insulation material And More…

  5. Recent Developments In August 2020, Owens Corning introduced a new product line called Foamular NGX. It is a new line of Extruded Polystyrene (XPS) foam products that delivers 90% reduction in Global Warming Potential (GWP) without sacrificing product performance. In April 2018, Owens Corning announced that it had completed the acquisition of Guangde SKD Rock Wool Manufacture Co., Ltd., a mineral wool manufacturer in China. SKD produces mineral wool insulation for the building and technical insulation market. Mineral wool is the primary insulation material in China due to its lifesaving and fire protection properties. In February 2018, Owens Corning acquired Paroc Group (Finland), a producer of mineral wool insulation for building and technical applications in Europe. The acquisition has helped the company broaden its product portfolio and diversify its geographic scope. In February 2017, PFB Corporation announced that it has acquired 27 acres of land and three manufacturing facilities in Crossfield, Alberta that it occupied under a leasing agreement. 1 2 3 4 5

  6. Major Regions • North America • APAC • Europe • Middle East & Africa • South America

  7. Key Vendors Vendors • Owens Corning (US), • Kingspan Group (Ireland), • PFB Corporation (Canada), • AlubelSpA (Italy), • Enercept, Inc. (US), SIPs (US), and many more… View Report Insights -https://www.marketsandmarkets.com/ResearchInsight/structural-insulated-panel-market.asp

  8. MarketsandMarkets’ Value Proposition How are we different? • Most-detailed market segmentation in industry • In-depth analysis of patents & profiles of key market players providing a competitive landscape • Market data for segments such as technologies, services & applications across geographies • High level analysis of major market segments and identification of opportunities

  9. MarketsandMarkets’ Delivery Model Here's how we can help you... • Research coverage can be a wide range in varied or niche categories in the published data or custom-made as per client's projects • Assess New Product Development from inception to launch • Optimize investments in established brands and recommend new approaches in global territories • Discover potential in new geographical markets and analyze how to successfully expand into them • Analyze the Challenges, Opportunities, Market structures, Drivers and Competitive Landscape

  10. MarketsandMarkets’ Our Expertise Our Expertise • Compelling Business cases Market size Estimations • Company & Market Best Practices • Entry or Go-To-Market strategies • Market Dynamics, Positioning and Segmentations • Competitive Landscaping and Benchmarking • Opportunity Analysis • Economic Forecasting • Industry-specific Technology solutions • Roadmap Analysis

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