Italy Structural Insulated Panels Market Size & Outlook
Italy structural insulated panels market, 2017-2028 (US$M)
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Italy structural insulated panels market highlights
- The Italy structural insulated panels market generated a revenue of USD 258.1 million in 2020 and is expected to reach USD 447.1 million by 2028.
- The Italy market is expected to grow at a CAGR of 7.1% 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 258.1 million |
| Market revenue in 2028 | USD 447.1 million |
| Growth rate | 7.1% (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, Italy accounted for 3.7% 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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Italy 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 71.64% in 2020. Horizon Databook has segmented the Italy 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 construction industry in Italy is witnessing a slight rise in investments by multinational and domestic players since 2019 and is expected to upscale in the estimated time. This is likely to create a scope for building materials.
New construction and restoration of existing old structures are expected to attract investments, thus are likely to influence the market for structural insulated panels. This is anticipated to boost the growth of the construction sector in the country, thereby propelling the demand for products over the forecast period.
Rise in urbanization and population growth in the country has increased the demand for residential and non-residential properties. Moreover, positive growth in the country’s retail, tourism, and manufacturing industries is expected to encourage its expansion, thereby driving the product demand over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy structural insulated panels market , including forecasts for subscribers. This country databook contains high-level insights into Italy structural insulated panels market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Italy structural insulated panels market size, by product, 2017-2028 (US$M)
Italy Structural Insulated Panels Market Outlook Share, 2020 & 2028 (US$M)
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