Europe Structural Insulated Panels Market Size & Outlook
Europe structural insulated panels market, 2017-2028 (US$M)
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Europe structural insulated panels market highlights
- The Europe structural insulated panels market generated a revenue of USD 2,413.1 million in 2020.
- The market is expected to grow at a CAGR of 7.9% from 2021 to 2028.
- In terms of segment, polystyrene was the largest revenue generating product in 2020.
- Other Products is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2021 to 2028.
Europe data book summary
| Market revenue in 2020 | USD 2,413.1 million |
| Market revenue in 2028 | USD 4,419.8 million |
| Growth rate | 7.9% (CAGR from 2020 to 2028) |
| Largest segment | Polystyrene |
| Fastest growing segment | Other Products |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polystyrene, Polyurethane, Glass Wool, Other Products |
| Key market players worldwide | Nucor Corp, Kingspan Group PLC, Owens-Corning Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 34.6% of the global structural insulated panels market in 2020.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,502.6 million by 2028.
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Structural Insulated Panels Market Scope
Structural Insulated Panels Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 72.36% in 2020. Horizon Databook has segmented the Europe structural insulated panels market based on polystyrene, polyurethane, glass wool, other products covering the revenue growth of each sub-segment from 2017 to 2028.
The European Commission (EC) started the Green Building Program in 2005, for improvement in the energy efficiency of residential as well as non-residential buildings in Europe. Additionally, this program led the building owners aware of the cost-effective measures to increase their energy savings.
Thus, is supporting the demand for structural insulated panels in the region. Stringent regulations for thermal conductivity in residential and non-residential structures has ascended the penetration of structural insulated components in building construction.
Building codes defined by prominent governing agencies in the region has positively influenced the market for insulated building products. Moreover, rise in demand for energy efficient structures in order to save overall fuel cost in buildings is expected to further ascend the demand for structural insulated panels in the region.
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Our clientele includes a mix of structural insulated panels market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe structural insulated panels market , including forecasts for subscribers. This continent databook contains high-level insights into Europe structural insulated panels market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Europe structural insulated panels market size, by country, 2017-2028 (US$M)
Europe Structural Insulated Panels Market Outlook Share, 2020 & 2028 (US$M)
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