【English Market Research Report】Structural Insulated Panel Market
Structural Insulated Panels Market
The global market size for structural insulated panels (SIPs) reached 415 million USD in 2021. Moving forward, the IMARC Group expects a growth rate of 5.3% (CAGR) between 2022 and 2027, predicting it will reach 562 million USD by 2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and assessing the direct and indirect impacts of the pandemic. These insights are included in the report as key contributing factors to the market. Structural insulated panels (SIPs) are high-performance artificial building systems used in residential and light commercial construction. SIPs are manufactured by sandwiching materials such as polyurethane, polyisocyanurate, expanded polystyrene, and extruded polystyrene between two structural materials, particularly oriented strand board (OSB). Compared to traditional insulation, they offer higher energy efficiency, are less conductive of heat, and provide strength and durability to infrastructure. They can be combined with materials like brick, block, stone, tile, slate, wood, steel, and glass, and are used in ceilings, roofs, walls, and floors. Additionally, SIPs are widely used in low-temperature storage systems to maintain optimal temperatures with minimal energy.
- Company:グローバルインフォメーション
- Price:100,000 yen-500,000 yen