Global Structural Insulated Panels Market Size & Outlook

The structural insulated panels industry worldwide is expected to reach a projected revenue of US$ 13,378.5 million by 2028. A compound annual growth rate of 8.5% is expected of the worldwide structural insulated panels industry from 2021 to 2028.
Revenue, 2020 (US$M)
$6,978.5
Forecast, 2028 (US$M)
$13,378.5
CAGR, 2021 - 2028
8.5%
Report Coverage
Worldwide

Global structural insulated panels market highlights

  • The global structural insulated panels market generated a revenue of USD 6,978.5 million in 2020 and is expected to reach USD 13,378.5 million by 2028.
  • The market is expected to grow at a CAGR (2021 - 2028) of 8.5% by 2028.
  • In terms of segment, polystyrene accounted for a revenue of USD 5,124.5 million in 2020.
  • Other Products is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2020.
  • Country-wise, Italy is expected to register the highest CAGR from 2021 to 2028.

Global data book summary

Market revenue in 2020USD 6,978.5 million
Market revenue in 2028USD 13,378.5 million
Growth rate8.5% (CAGR from 2020 to 2028)
Largest segmentPolystyrene
Fastest growing segmentOther Products
Historical data covered2017 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationPolystyrene, Polyurethane, Glass Wool, Other Products

Other key industry trends

  • In terms of revenue, the North America accounted for 22.9% of the global structural insulated panels market in 2020.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
  • By country, Italy is the fastest growing regional market and is projected to reach USD 447.1 million by 2028.

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Structural Insulated Panels Market Companies

Name Profile # Employees HQ Website

Global structural insulated panels market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to structural insulated panels market will help companies and investors design strategic landscapes.


Polystyrene was the largest segment with a revenue share of 73.43% in 2020. Horizon Databook has segmented the Global structural insulated panels market based on polystyrene, polyurethane, glass wool, other products covering the revenue growth of each sub-segment from 2017 to 2028.


  • Global Structural Insulated Panels Product Outlook (Revenue, USD Million, 2017-2028)
    • Polystyrene
    • Polyurethane
    • Glass Wool
    • Other Products
  • Global Structural Insulated Panels Application Outlook (Revenue, USD Million, 2017-2028)
    • Walls & Floors
    • Roof
    • Cold Storage

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Horizon Databook provides a detailed overview of global-level data and insights on the Global structural insulated panels market , including forecasts for subscribers. This global databook contains high-level insights into Global structural insulated panels market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Global structural insulated panels market size, by regions, 2017-2028 (US$M)

Top 10 countries: Structural insulated panels market size, 2020 (US$M)

Global structural insulated panels market share, by product, 2020 & 2028 (%, US$M)

Structural insulated panels market: Opportunity assessment by country

Global structural insulated panels market, by region, 2020 (US$M)

Global structural insulated panels market size, by regions, 2017-2028 (US$M)

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