Germany Structural Insulated Panels Market Size & Outlook
Germany structural insulated panels market, 2017-2028 (US$M)
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Germany structural insulated panels market highlights
- The Germany structural insulated panels market generated a revenue of USD 664.7 million in 2020 and is expected to reach USD 1,227.5 million by 2028.
- The Germany market is expected to grow at a CAGR of 8% 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.
Structural insulated panels market data book summary
| Market revenue in 2020 | USD 664.7 million |
| Market revenue in 2028 | USD 1,227.5 million |
| Growth rate | 8% (CAGR from 2020 to 2028) |
| Largest segment | Polystyrene |
| Fastest growing segment | Other Products |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 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, Germany accounted for 9.5% of the global structural insulated panels market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany structural insulated panels market is projected to lead the regional market in terms of revenue in 2028.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,227.5 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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Germany 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 72.14% in 2020. Horizon Databook has segmented the Germany structural insulated panels market based on polystyrene, polyurethane, glass wool, other products covering the revenue growth of each sub-segment from 2017 to 2028.
As a result, the government of Germany has initiated substantial efforts to make buildings more energy-efficient by setting up a comprehensive regulatory and policy framework. This has mandated the building contractors to use energy saving and energy efficient building materials to comply with the government standards.
Rise in investments from multinational manufacturers in manufacturing sector has influenced the market with enhanced building structures. The players from several industries are investing in establishment of production and development facilities in the country, leading to increase in construction activities.
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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 country-level data and insights on the Germany structural insulated panels market , including forecasts for subscribers. This country databook contains high-level insights into Germany structural insulated panels market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Germany structural insulated panels market size, by product, 2017-2028 (US$M)
Germany Structural Insulated Panels Market Outlook Share, 2020 & 2028 (US$M)
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