Structural Insulated Panels (SIPs) Market Size, Share, and Trends 2025 to 2034

The global structural insulated panels (SIPs) market size accounted for USD 501.48 million in 2025 and is forecasted to hit around USD726.84 million by 2034, representing a CAGR of 4.21% from 2025 to 2034. The North America market size was estimated at USD 192.49 million in 2024 and is expanding at a CAGR of 4.34% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

Last Updated : September 2025  |  Report Code : 6738  |  Category : Chemical and Material  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology  

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Structural Insulated Panels (SIPs) Market 

5.1. COVID-19 Landscape: Structural Insulated Panels (SIPs) Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Structural Insulated Panels (SIPs) Market, By Product Type

8.1. Structural Insulated Panels (SIPs) Market Revenue and Volume, by Product Type

8.1.1. EPS (Expanded Polystyrene) Panels

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. PUR/PIR (Polyurethane/Polyisocyanurate) Panels

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Glass Wool Panels

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Other Panels (XPS, Phenolic, etc.)

8.1.4.1. Market Revenue and Volume Forecast

Chapter 9. Global Structural Insulated Panels (SIPs) Market, By Facing Material

9.1. Structural Insulated Panels (SIPs) Market Revenue and Volume, by Facing Material

9.1.1. OSB (Oriented Strand Board)

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Cement Board

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Gypsum Board

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Metal Sheets

9.1.4.1. Market Revenue and Volume Forecast

9.1.5. Others

9.1.5.1. Market Revenue and Volume Forecast

Chapter 10. Global Structural Insulated Panels (SIPs) Market, By Application 

10.1. Structural Insulated Panels (SIPs) Market Revenue and Volume, by Application

10.1.1. Walls

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Roofs

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Floors

10.1.3.1. Market Revenue and Volume Forecast

Chapter 11. Global Structural Insulated Panels (SIPs) Market, By End-Use Industry

11.1. Structural Insulated Panels (SIPs) Market Revenue and Volume, by End-Use Industry

11.1.1. Residential

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Commercial

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Industrial

11.1.3.1. Market Revenue and Volume Forecast

Chapter 12. Global Structural Insulated Panels (SIPs) Market, By Distribution Channel

12.1. Structural Insulated Panels (SIPs) Market Revenue and Volume, by Distribution Channel

12.1.1. Direct Sales (Manufacturers to Builders/Contractors)

12.1.1.1. Market Revenue and Volume Forecast

12.1.2. Indirect Sales (Distributors, Dealers, Retailers)

12.1.2.1. Market Revenue and Volume Forecast

Chapter 13. Global Structural Insulated Panels (SIPs) Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Volume Forecast, by Product Type

13.1.2. Market Revenue and Volume Forecast, by Facing Material

13.1.3. Market Revenue and Volume Forecast, by Application

13.1.4. Market Revenue and Volume Forecast, by End-Use Industry

13.1.5. Market Revenue and Volume Forecast, by Distribution Channel

13.1.6. U.S.

13.1.6.1. Market Revenue and Volume Forecast, by Product Type

13.1.6.2. Market Revenue and Volume Forecast, by Facing Material

13.1.6.3. Market Revenue and Volume Forecast, by Application

13.1.6.4. Market Revenue and Volume Forecast, by End-Use Industry

13.1.6.5. Market Revenue and Volume Forecast, by Distribution Channel  

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Volume Forecast, by Product Type

13.1.7.2. Market Revenue and Volume Forecast, by Facing Material

13.1.7.3. Market Revenue and Volume Forecast, by Application

13.1.7.4. Market Revenue and Volume Forecast, by End-Use Industry

13.1.7.5. Market Revenue and Volume Forecast, by Distribution Channel

13.2. Europe

13.2.1. Market Revenue and Volume Forecast, by Product Type

13.2.2. Market Revenue and Volume Forecast, by Facing Material

13.2.3. Market Revenue and Volume Forecast, by Application

13.2.4. Market Revenue and Volume Forecast, by End-Use Industry  

13.2.5. Market Revenue and Volume Forecast, by Distribution Channel  

13.2.6. UK

13.2.6.1. Market Revenue and Volume Forecast, by Product Type

13.2.6.2. Market Revenue and Volume Forecast, by Facing Material

13.2.6.3. Market Revenue and Volume Forecast, by Application

13.2.7. Market Revenue and Volume Forecast, by End-Use Industry  

13.2.8. Market Revenue and Volume Forecast, by Distribution Channel  

13.2.9. Germany

13.2.9.1. Market Revenue and Volume Forecast, by Product Type

13.2.9.2. Market Revenue and Volume Forecast, by Facing Material

13.2.9.3. Market Revenue and Volume Forecast, by Application

13.2.10. Market Revenue and Volume Forecast, by End-Use Industry

13.2.11. Market Revenue and Volume Forecast, by Distribution Channel

13.2.12. France

13.2.12.1. Market Revenue and Volume Forecast, by Product Type

13.2.12.2. Market Revenue and Volume Forecast, by Facing Material

13.2.12.3. Market Revenue and Volume Forecast, by Application

13.2.12.4. Market Revenue and Volume Forecast, by End-Use Industry

13.2.13. Market Revenue and Volume Forecast, by Distribution Channel

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Volume Forecast, by Product Type

13.2.14.2. Market Revenue and Volume Forecast, by Facing Material

13.2.14.3. Market Revenue and Volume Forecast, by Application

13.2.14.4. Market Revenue and Volume Forecast, by End-Use Industry

13.2.15. Market Revenue and Volume Forecast, by Distribution Channel

13.3. APAC

13.3.1. Market Revenue and Volume Forecast, by Product Type

13.3.2. Market Revenue and Volume Forecast, by Facing Material

13.3.3. Market Revenue and Volume Forecast, by Application

13.3.4. Market Revenue and Volume Forecast, by End-Use Industry

13.3.5. Market Revenue and Volume Forecast, by Distribution Channel

13.3.6. India

13.3.6.1. Market Revenue and Volume Forecast, by Product Type

13.3.6.2. Market Revenue and Volume Forecast, by Facing Material

13.3.6.3. Market Revenue and Volume Forecast, by Application

13.3.6.4. Market Revenue and Volume Forecast, by End-Use Industry

13.3.7. Market Revenue and Volume Forecast, by Distribution Channel

13.3.8. China

13.3.8.1. Market Revenue and Volume Forecast, by Product Type

13.3.8.2. Market Revenue and Volume Forecast, by Facing Material

13.3.8.3. Market Revenue and Volume Forecast, by Application

13.3.8.4. Market Revenue and Volume Forecast, by End-Use Industry

13.3.9. Market Revenue and Volume Forecast, by Distribution Channel

13.3.10. Japan

13.3.10.1. Market Revenue and Volume Forecast, by Product Type

13.3.10.2. Market Revenue and Volume Forecast, by Facing Material

13.3.10.3. Market Revenue and Volume Forecast, by Application

13.3.10.4. Market Revenue and Volume Forecast, by End-Use Industry

13.3.10.5. Market Revenue and Volume Forecast, by Distribution Channel

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Volume Forecast, by Product Type

13.3.11.2. Market Revenue and Volume Forecast, by Facing Material

13.3.11.3. Market Revenue and Volume Forecast, by Application

13.3.11.4. Market Revenue and Volume Forecast, by End-Use Industry

13.3.11.5. Market Revenue and Volume Forecast, by Distribution Channel

13.4. MEA

13.4.1. Market Revenue and Volume Forecast, by Product Type

13.4.2. Market Revenue and Volume Forecast, by Facing Material

13.4.3. Market Revenue and Volume Forecast, by Application

13.4.4. Market Revenue and Volume Forecast, by End-Use Industry

13.4.5. Market Revenue and Volume Forecast, by Distribution Channel

13.4.6. GCC

13.4.6.1. Market Revenue and Volume Forecast, by Product Type

13.4.6.2. Market Revenue and Volume Forecast, by Facing Material

13.4.6.3. Market Revenue and Volume Forecast, by Application

13.4.6.4. Market Revenue and Volume Forecast, by End-Use Industry

13.4.7. Market Revenue and Volume Forecast, by Distribution Channel

13.4.8. North Africa

13.4.8.1. Market Revenue and Volume Forecast, by Product Type

13.4.8.2. Market Revenue and Volume Forecast, by Facing Material

13.4.8.3. Market Revenue and Volume Forecast, by Application

13.4.8.4. Market Revenue and Volume Forecast, by End-Use Industry

13.4.9. Market Revenue and Volume Forecast, by Distribution Channel

13.4.10. South Africa

13.4.10.1. Market Revenue and Volume Forecast, by Product Type

13.4.10.2. Market Revenue and Volume Forecast, by Facing Material

13.4.10.3. Market Revenue and Volume Forecast, by Application

13.4.10.4. Market Revenue and Volume Forecast, by End-Use Industry

13.4.10.5. Market Revenue and Volume Forecast, by Distribution Channel

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Volume Forecast, by Product Type

13.4.11.2. Market Revenue and Volume Forecast, by Facing Material

13.4.11.3. Market Revenue and Volume Forecast, by Application

13.4.11.4. Market Revenue and Volume Forecast, by End-Use Industry

13.4.11.5. Market Revenue and Volume Forecast, by Distribution Channel

13.5. Latin America

13.5.1. Market Revenue and Volume Forecast, by Product Type

13.5.2. Market Revenue and Volume Forecast, by Facing Material

13.5.3. Market Revenue and Volume Forecast, by Application

13.5.4. Market Revenue and Volume Forecast, by End-Use Industry

13.5.5. Market Revenue and Volume Forecast, by Distribution Channel

13.5.6. Brazil

13.5.6.1. Market Revenue and Volume Forecast, by Product Type

13.5.6.2. Market Revenue and Volume Forecast, by Facing Material

13.5.6.3. Market Revenue and Volume Forecast, by Application

13.5.6.4. Market Revenue and Volume Forecast, by End-Use Industry

13.5.7. Market Revenue and Volume Forecast, by Distribution Channel

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Volume Forecast, by Product Type

13.5.8.2. Market Revenue and Volume Forecast, by Facing Material

13.5.8.3. Market Revenue and Volume Forecast, by Application

13.5.8.4. Market Revenue and Volume Forecast, by End-Use Industry

13.5.8.5. Market Revenue and Volume Forecast, by Distribution Channel

Chapter 14. Company Profiles

14.1. Kingspan Group

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Metl-Span (Nucor)

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. PFB Corporation

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Alubel S.p.A

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Rautaruukki Corporation (SSAB)

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Owens Corning

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. SIPA (Structural Insulated Panel Association Members)

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Hemsec Manufacturing Ltd

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Isopan S.p.A

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Premier SIPs

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The structural insulated panels (SIPs) market size is expected to increase from USD 481.22 million in 2024 to USD 726.84 million by 2034.

The structural insulated panels (SIPs) market is expected to grow at a compound annual growth rate (CAGR) of around 4.21% from 2025 to 2034.

The major players in the structural insulated panels (SIPs) market include Kingspan Group, Metl-Span (Nucor), PFB Corporation, Alubel S.p.A, Rautaruukki Corporation (SSAB), Owens Corning, SIPA (Structural Insulated Panel Association Members), Hemsec Manufacturing Ltd, Isopan S.p.A, Premier SIPs, Extreme Panel Technologies, Inc., EconCore N.V., Innova Eco Building System, Foard Panel Inc., and MBC Timber Frame.

The driving factors of the structural insulated panels (SIPs) market are the increasing shift towards smart cities, urbanization in leading countries across the globe, with eco-friendly and sustainable materials to reduce GHG emissions, along with technological advancements in materials, are major drivers of the market’s expansion.

North America region will lead the global structural insulated panels (SIPs) market during the forecast period 2025 to 2034.

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