The Business Research Company’s report on the Metal Structural Insulation Panels Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the metal structural insulation panels market in recent years?
The growing demand for construction is expected to propel the growth of the metal structural insulation panels market going forward. Construction refers to the activity of building something, typically a large structure. Metal structural insulation panels are used to construct ceilings, walls, and floors in the construction industry. These panels are also used for roofs and walls in commercial buildings and cold storage, which helps to increase the strength and durability of the building and make it more cost-effective. They also form an insulating core. For instance, according to the report published by the Office for National Statistics, a UK-based government agency, the value of construction new work in current prices in Great Britain in 2022 increased 15.8% to a record high of $173.8 million; this was driven by growth in both private sector work of $18.4 million and in the public sector of $5.3 million. Therefore, the growing demand for construction is driving the growth of the metal structural insulation panels market.
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What is the projected market size of the metal structural insulation panels industry, and how is it expected to grow?
The metal structural insulation panels market size has grown marginally in recent years. It will grow from $43.04 billion in 2024 to $43.78 billion in 2025 at a compound annual growth rate (CAGR) of 1.7%. The growth in the historic period can be attributed to energy efficiency regulations, cost-effective construction, improved insulation, reduced labor requirements, residential construction.
The metal structural insulation panels market size is expected to see steady growth in the next few years. It will grow to $51.2 billion in 2029 at a compound annual growth rate (CAGR) of 4.0%. The growth in the forecast period can be attributed to fire resistance, resilient infrastructure, government incentives, aging infrastructure renewal, climate change mitigation. Major trends in the forecast period include smart building integration, innovative architectural design, sustainable construction, renewable energy integration, innovative materials.
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Who are the key players driving competition in the metal structural insulation panels market?
Major companies operating in the metal structural insulation panels market include ArcelorMittal S.A., Jindal Mectec Insulation Private Limited, Ingreen Systems Corp, Kingspan Group PLC, Flexospan Steel Buildings Inc., Owens Corning, Metl-Span LLC, Nucor Building Systems, Metal Building Components L.P., Green Span Profiles, All Weather Insulated Panels, PermaTherm, Isocindu S.p.A., Tata Steel Europe, Ruukki Construction, Building Component Solutions LLC, Alubel SpA, Alumawall, Alumicor, Alucoil, Alumax Panel, AluNatur, Alutech Panels Limited, Aluvert, Alvic USA, Alwitra, American Buildings Company, ATAS International, Bemo USA, Berridge Manufacturing Company
What key trends are expected to drive the metal recycling equipment market during the forecast period?
Strategic partnerships and collaborations are a key trend gaining popularity in the metal structural insulation panels market. Major companies operating in the metal structural insulation panels market sector are focused on partnerships to sustain their position in the market. For instance, in July 2022, Sika Corporation, a Europe-based specialty chemical company, announced a partnership agreement with All-Weather Insulated Panels (AWIP). With this partnership, both companies joined to develop AWIP’s OneDek insulated roof deck panel and Sika’s Sarnafil PVC roof membrane, which is fully warranted under Sika Sarnafil’s. All-Weather Insulated Panels is a US-based manufacturer of insulated metal panels that designs, constructs, and advances. Moreover, in July 2022, ArcelorMittal, a Luxembourg-based steel manufacturing company and a manufacturer of metal insulation panels, entered into a partnership with Gestamp to put low-carbon emissions steel parts on the automotive production line. With this partnership, they are expected to develop low-carbon steel for use in car parts. Gestamp is a Spin-based automotive engineering company.
Which key geographies are driving the growth of the metal structural insulation panels market?
Asia-Pacific was the largest region in the metal structural insulation panels market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period.The regions covered in the metal structural insulation panels market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What are the key segments driving growth in the metal structural insulation panels market?
The metal structural insulation panels market covered in this report is segmented –
1) By Facing Material: OSB, MgO Board, Other Facing Materials
2) By Application: Floor, Roof, Wall
3) By End User: Residential, Non-Residential
Subsegments:
1) By Oriented Strand Board (OSB): Standard OSB Panels, Weather-Resistant OSB Panels
2) By Magnesium Oxide Board (MgO Board): Standard MgO Panels, Fire-Resistant MgO Panels
3) By Other Facing Materials: Plywood, Fiberglass Reinforced Panels (FRP), Polyethylene Film, Aluminum Foil
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How is the metal structural insulation panels market defined?
Metal structural insulated panels (SIPs) refer to high-performance building systems used for construction purposes. These structural panels are made up of oriented strand board and an insulating foam core (OSB). These panels are suitable for any building design and provide good strength to the building.
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