UAE Structural Insulated Panels Market Size & Outlook
UAE structural insulated panels market, 2017-2028 (US$M)
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UAE structural insulated panels market highlights
- The UAE structural insulated panels market generated a revenue of USD 199.1 million in 2020 and is expected to reach USD 382.9 million by 2028.
- The UAE market is expected to grow at a CAGR of 8.5% 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 199.1 million |
| Market revenue in 2028 | USD 382.9 million |
| Growth rate | 8.5% (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, UAE accounted for 2.9% 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 Middle East & Africa, UAE structural insulated panels market is projected to lead the regional market in terms of revenue in 2028.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 382.9 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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UAE 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 71.82% in 2020. Horizon Databook has segmented the UAE structural insulated panels market based on polystyrene, polyurethane, glass wool, other products covering the revenue growth of each sub-segment from 2017 to 2028.
In United Arab Emirates (UAE), emphasis on the use of a green building and environmentally sustainable product, service, and building practices is expected to propel the market. Several regulations include the pearl rating system by Estidama, which is developed by Abu Dhabi Urban Planning Council.
Developments in commercial constructions in the country are influencing the construction materials market. Moreover, rise in investments from foreign multinationals is expected to increase construction for office and workspace in UAE. Thus, is expected to positively influence the market.
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Target buyers of UAE structural insulated panels market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE structural insulated panels market , including forecasts for subscribers. This country databook contains high-level insights into UAE structural insulated panels market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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UAE structural insulated panels market size, by product, 2017-2028 (US$M)
UAE Structural Insulated Panels Market Outlook Share, 2020 & 2028 (US$M)
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