Structural Insulated Panels Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Structural Insulated Panels Market Trends and is segmented by Product (Expanded Polystyrene Panel, Rigid Polyurethane and Rigid Polyisocyanurate Panel, Glass Wool Panel, and Other Products), Skin Material (Oriented Strand Board, Plywood, and Other Skin Materials), Application (Building Wall, Building Roof, and Cold Storage), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecast in revenue (USD million) for all the above segments.

Structural Insulated Panels Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Structural Insulated Panels Market Size

Structural Insulated Panels Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 6.00 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Low

Major Players

Structural Insulated Panels Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Structural Insulated Panels Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Structural Insulated Panels Market Analysis

The Structural Insulated Panels Market is expected to register a CAGR of greater than 6% during the forecast period.

The construction industry is one of the industries that was badly impacted by the COVID-19 outbreak. Because of a lack of funds, labor shortages, and lockdown regulations, many projects were halted in 2020. But the construction industry is getting better quickly and will continue to grow over the next few years.

  • Over the next five to ten years, the market is likely to be driven by the growing demand from the construction industry and the growing number of uses in cold storage.
  • On the other hand, improvements in building technologies, like modular construction, are likely to slow the growth of the market.
  • But the demand for green buildings is growing, which could be a chance for the market to grow.
  • North America had the most of the market, mostly because there were more building projects in Canada and Mexico.

Structural Insulated Panels Industry Overview

The structural insulated panels market is highly fragmented, with no major player accounting for a prominent share of the market. Most of the market leaders are forward-integrated, i.e., they produce structural insulated panels and provide installation and maintenance services. Some of the major players (not in any particular order) include Kingspan Group, Rautaruukki Corporation, Premier Building Systems Inc. (Premier SIPS), Owens Corning, and PFB Corporation.

Structural Insulated Panels Market Leaders

  1. Owens Corning

  2. Kingspan Group

  3. Rautaruukki Corporation

  4. Premier Building Systems (Premium SIPS)

  5. PFB Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Structural Insulated Panels Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Structural Insulated Panels Market News

  • June 2022: Owens Corning announced the acquisition of a Florida-based composite decking and structural lumber manufacturer, WearDeck. With the acquisition, Owens Corning would strengthen its portfolio of weather-resistant decking and structural lumber and expand its expertise in both commercial and residential applications.
  • January 2022: Owens Corning introduced its FOAMGLAS Perinsul SIP, which acts as a thermal bridge solution for high-performance buildings. The new structural insulated panel is made up of cellular glass that will help in the elimination of thermal bridging, increase energy efficiency, and minimize performance loss in the event of moisture exposure.

Structural Insulated Panels Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Demand from Construction Sector
    • 4.1.2 Increasing Cold Storage Applications
  • 4.2 Restraints
    • 4.2.1 Advancements in Building Technologies, such as Modular Construction Techniques
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size by Value)

  • 5.1 Product
    • 5.1.1 EPS (Expanded Polystyrene) Panel
    • 5.1.2 Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panel
    • 5.1.3 Glass Wool Panel
    • 5.1.4 Other Products (Extruded Polystyrene Foam)
  • 5.2 Skin Material
    • 5.2.1 Oriented Strand Board (OSB)
    • 5.2.2 Plywood
    • 5.2.3 Other Skin Materials (Cement Board)
  • 5.3 Application
    • 5.3.1 Building Wall
    • 5.3.2 Building Roof
    • 5.3.3 Cold Storage
  • 5.4 Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.2.4 Rest of North America
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 Italy
    • 5.4.3.4 France
    • 5.4.3.5 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle-East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share(%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Alubel SpA
    • 6.4.2 ArcelorMittal
    • 6.4.3 Balex-Metal
    • 6.4.4 Cornerstone Building Brands
    • 6.4.5 DANA Group of Companies
    • 6.4.6 ITALPANNELLI SRL
    • 6.4.7 Jiangsu Jingxue Insulation Technology Co. Ltd.
    • 6.4.8 Kingspan Group
    • 6.4.9 Manni Group SpA
    • 6.4.10 METECNO
    • 6.4.11 Multicolor Steels (India) Pvt. Ltd.
    • 6.4.12 Nucor Building Systems
    • 6.4.13 Owens Corning
    • 6.4.14 Premium Building Systems
    • 6.4.15 PFB Corporation(Riverside)
    • 6.4.16 Rautaruukki Corporation
    • 6.4.17 Tata Steel
    • 6.4.18 Zamil Industrial Pre-Engineered Buildings Co. Ltd.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Increasing Demand from Green Buildings
**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Structural Insulated Panels Industry Segmentation

Structural insulated panels are high-performance building systems used in construction applications. These panels are used for the construction of ceilings, walls, and floors for residential as well as light commercial properties. A structural insulated panel is a sandwich-structured composite that consists of an insulating layer of rigid core sandwiched between two layers of structural board, which makes them much more energy efficient than traditional building materials as it helps in regulating temperature more efficiently. The structural insulated panels market is segmented by product, application, and geography. By product, the market is segmented into expanded polystyrene panels, rigid polyurethane and rigid polyisocyanurate panels, glass wool panels, and other products. By skin material, the market is segmented into oriented strand board, plywood, and other skin materials. By application, the market is segmented into building walls, building roofs, and cold storage. The report also covers the market size and forecast for the market in 15 countries across major regions. For each segment, market sizing and forecasting have been done based on revenue (USD million).

Product EPS (Expanded Polystyrene) Panel
Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panel
Glass Wool Panel
Other Products (Extruded Polystyrene Foam)
Skin Material Oriented Strand Board (OSB)
Plywood
Other Skin Materials (Cement Board)
Application Building Wall
Building Roof
Cold Storage
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
France
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region or Segment?
Customize Now

Structural Insulated Panels Market Research FAQs

What is the current Structural Insulated Panels Market size?

The Structural Insulated Panels Market is projected to register a CAGR of greater than 6% during the forecast period (2025-2030)

Who are the key players in Structural Insulated Panels Market?

Owens Corning, Kingspan Group, Rautaruukki Corporation, Premier Building Systems (Premium SIPS) and PFB Corporation are the major companies operating in the Structural Insulated Panels Market.

Which is the fastest growing region in Structural Insulated Panels Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Structural Insulated Panels Market?

In 2025, the North America accounts for the largest market share in Structural Insulated Panels Market.

What years does this Structural Insulated Panels Market cover?

The report covers the Structural Insulated Panels Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Structural Insulated Panels Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Structural Insulated Panels Industry Report

Statistics for the 2025 Structural Insulated Panels market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Structural Insulated Panels analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.