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The size of the global market for metal structural insulation panels was estimated at USD 43.9 billion in 2022 and is anticipated to rise to USD 64.99 billion by 2030, rising at a CAGR of 5.5% over the forecast period (2023-2030) from USD 45.69 billion.
Due to rising consumer demand for environmentally friendly building techniques and energy-efficient construction methods, the global market for metal structural insulation panels (MSIP) is expanding significantly. MSIPs are composite building materials made of an insulating core made of mineral wool or polyurethane foam and a stiff metal skin that is often made of steel or aluminum. These panels are a desirable option for residential, commercial, and industrial construction projects because of their high thermal insulation, structural strength, and ease of installation. The growing emphasis on energy efficiency and environmental concerns is one of the main factors driving the MSIP market's growth. MSIPs offer improved insulation, cutting down on heating and cooling expenses as well as the carbon footprint of a structure.
Additionally, because they are prefabricated and lightweight, construction may be completed more quickly, saving time and money on labor. The market's expansion is also aided by strict building requirements and laws that support energy efficiency. As governments all around the world impose stronger regulations, MSIPs provide a practical way to satisfy these needs. Additionally, MSIPs' popularity is growing as a result of the construction industry's transition towards modular and prefabricated building techniques.
The fluctuating price of crude oil has an impact on the rising costs of the raw materials needed to make metal SIPs, which in turn affects how much the finished product costs. Due to the fact that these materials are made of environmentally harmful petrochemical chemicals, they also raise questions about sustainability. Manufacturers are using locally accessible natural and renewable materials as alternatives, such rubber and wood, to comply with energy policies and lower production costs, which should allow them to get over this restriction.
Additionally, the COVID-19 epidemic had a significant impact on the hotel, tourism, manufacturing, and construction sectors. Manufacturing operations were suspended or limited. Globally, supply networks for the construction and transportation industries were disrupted. This resulted in a decrease in both the demand for and manufacturing of metal structural insulation panels, which restrained the market's expansion for these products. On the other hand, businesses are progressively returning to their normal levels of production and services. Due to the companies making metal structural insulation panels restarting at full capacity, the market was able to recover by the end of 2021.
Sustainable building methods are significantly trending in the Metal SIPs industry. The carbon footprint and energy usage of a building are decreased by these panels' enhanced energy efficiency and insulating capabilities. In order to comply with green building regulations and codes, architects, builders, and developers are increasingly choosing Metal SIPs. The ability of the panels to provide airtightness and thermal insulation fits with the desire for environmentally friendly building materials, resulting in lower energy costs and greater occupant comfort.
The market is seeing an increase in prefabricated and modular construction methods, where Metal SIPs are essential. These panels are produced off-site, allowing for quicker construction schedules, lower labor costs, and less waste. The usage of Metal SIPs in modular building projects, including as residential communities, commercial buildings, and even disaster relief housing, is driven by the necessity for effective and speedy construction techniques as urbanization and population increase continue. Metal SIPs' simplicity of assembly and adaptability fit the expanding need for construction solutions that can be quickly deployed and are versatile.
Report Coverage
Global Metal Structural Insulation Panels research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Metal Structural Insulation Panels report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Metal Structural Insulation Panels competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Metal Structural Insulation Panels market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Metal Structural Insulation Panels market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Metal Structural Insulation Panels market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ACME Panel, American Insulated Panel, Kingspan Group PLC, Extreme Panel Technologies, Inc., PFB Corp., Metl-Span, Structural Panels Inc., Owens Corning, KPS Global, Ingreen Systems, LEEP Inc. - United States, Nucor Building Systems - United States, MIB Facades Limited - India, ArcelorMittal - Luxembourg, Thermasteel - United States, Flexospan Steel Buildings, Inc. - United States, Tata Steel Ltd. - India, Kingspan Jindal Pvt. Ltd. - India, Direct Metals Co. LLC - United States, Structall Building Systems - United States
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Metal Structural Insulation Panels market based on the below-mentioned segments:
Global Metal Structural Insulation Panels Market, By Core Material
Polystyrene
Polyurethane
Others
Global Metal Structural Insulation Panels market, By Application
Floor
Roof
Wall
Global Metal Structural Insulation Panels Market, By End User
Residential
Non-Residential
Global Metal Structural Insulation Panels market, Regional Analysis
Due to rising consumer demand for environmentally friendly building techniques and energy-efficient construction methods, the global market for metal structural insulation panels (MSIP) is expanding significantly. MSIPs are composite building materials made of an insulating core made of mineral wool or polyurethane foam and a stiff metal skin that is often made of steel or aluminum. These panels are a desirable option for residential, commercial, and industrial construction projects because of their high thermal insulation, structural strength, and ease of installation. The growing emphasis on energy efficiency and environmental concerns is one of the main factors driving the MSIP market's growth. MSIPs offer improved insulation, cutting down on heating and cooling expenses as well as the carbon footprint of a structure.
Additionally, because they are prefabricated and lightweight, construction may be completed more quickly, saving time and money on labor. The market's expansion is also aided by strict building requirements and laws that support energy efficiency. As governments all around the world impose stronger regulations, MSIPs provide a practical way to satisfy these needs. Additionally, MSIPs' popularity is growing as a result of the construction industry's transition towards modular and prefabricated building techniques.
The fluctuating price of crude oil has an impact on the rising costs of the raw materials needed to make metal SIPs, which in turn affects how much the finished product costs. Due to the fact that these materials are made of environmentally harmful petrochemical chemicals, they also raise questions about sustainability. Manufacturers are using locally accessible natural and renewable materials as alternatives, such rubber and wood, to comply with energy policies and lower production costs, which should allow them to get over this restriction.
Additionally, the COVID-19 epidemic had a significant impact on the hotel, tourism, manufacturing, and construction sectors. Manufacturing operations were suspended or limited. Globally, supply networks for the construction and transportation industries were disrupted. This resulted in a decrease in both the demand for and manufacturing of metal structural insulation panels, which restrained the market's expansion for these products. On the other hand, businesses are progressively returning to their normal levels of production and services. Due to the companies making metal structural insulation panels restarting at full capacity, the market was able to recover by the end of 2021.
Sustainable building methods are significantly trending in the Metal SIPs industry. The carbon footprint and energy usage of a building are decreased by these panels' enhanced energy efficiency and insulating capabilities. In order to comply with green building regulations and codes, architects, builders, and developers are increasingly choosing Metal SIPs. The ability of the panels to provide airtightness and thermal insulation fits with the desire for environmentally friendly building materials, resulting in lower energy costs and greater occupant comfort.
The market is seeing an increase in prefabricated and modular construction methods, where Metal SIPs are essential. These panels are produced off-site, allowing for quicker construction schedules, lower labor costs, and less waste. The usage of Metal SIPs in modular building projects, including as residential communities, commercial buildings, and even disaster relief housing, is driven by the necessity for effective and speedy construction techniques as urbanization and population increase continue. Metal SIPs' simplicity of assembly and adaptability fit the expanding need for construction solutions that can be quickly deployed and are versatile.
Report Coverage
Global Metal Structural Insulation Panels research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Metal Structural Insulation Panels report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Metal Structural Insulation Panels competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Metal Structural Insulation Panels market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | ACME Panel, American Insulated Panel, Kingspan Group PLC, Extreme Panel Technologies, Inc., PFB Corp., Metl-Span, Structural Panels Inc., Owens Corning, KPS Global, Ingreen Systems, LEEP Inc. - United States, Nucor Building Systems - United States, MIB Facades Limited - India, ArcelorMittal - Luxembourg, Thermasteel - United States, Flexospan Steel Buildings, Inc. - United States, Tata Steel Ltd. - India, Kingspan Jindal Pvt. Ltd. - India, Direct Metals Co. LLC - United States, Structall Building Systems - United States |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Metal Structural Insulation Panels Market from 2021 to 2030.
- Market Forecast for Metal Structural Insulation Panels Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Metal Structural Insulation Panels competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Metal Structural Insulation Panels
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Metal Structural Insulation Panels market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Metal Structural Insulation Panels market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ACME Panel, American Insulated Panel, Kingspan Group PLC, Extreme Panel Technologies, Inc., PFB Corp., Metl-Span, Structural Panels Inc., Owens Corning, KPS Global, Ingreen Systems, LEEP Inc. - United States, Nucor Building Systems - United States, MIB Facades Limited - India, ArcelorMittal - Luxembourg, Thermasteel - United States, Flexospan Steel Buildings, Inc. - United States, Tata Steel Ltd. - India, Kingspan Jindal Pvt. Ltd. - India, Direct Metals Co. LLC - United States, Structall Building Systems - United States
Primary Target Market
- Market Players of Metal Structural Insulation Panels
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Metal Structural Insulation Panels market based on the below-mentioned segments:
Global Metal Structural Insulation Panels Market, By Core Material
Polystyrene
Polyurethane
Others
Global Metal Structural Insulation Panels market, By Application
Floor
Roof
Wall
Global Metal Structural Insulation Panels Market, By End User
Residential
Non-Residential
Global Metal Structural Insulation Panels market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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