Stratview Research has published a research report on the Structural Insulated Panel Market Segmented By Product Type (EPS (Expanded Polystyrene) Panel, Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panel, Glass Wool Panel, and Others), by Application Type (Building Wall, Building Roof, and Cold Storage), and by Region. It also covers the COVID-19 Impact Analysis and Forecast to 2025. This market research report provides thorough information on trends, changing aspects, revenue prospects, competitive landscape, and recent developments in the Structural Insulated Panel market. This research report by Stratview Research identifies consumer needs and facilitates to meet them more efficiently, effectively, and accurately than the competition.
Market Insights
The structural insulated panel market is likely to witness a healthy CAGR of 6.0% during the forecast period.
Segments Analysis
Based on the application type, the market is segmented as building wall, building roof, and cold storage. The building wall segment held the largest share of the market in 2019, and is also expected to grow at the fastest pace during the forecast period, driven by the increasing demand from residential sector.
In terms of regions, North America dominated the market in 2019, and is estimated to maintain its leading position during the forecast period as well. The region’s dominance is majorly due to the rising construction activities in Canada and Mexico. Over the years, The USA has witnessed a good increase in the growth of private construction spending. Also, the current trend of multi-family building has led the US Census Bureau to provide more permits for construction of new residential buildings.
Analysis of regional growth patterns:
Several major regions have been examined to understand the development and demand patterns for this market. It analyses factors affecting the market both before and after COVID-19, in depth.
Customisation of this study-
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