DUBLIN, January 18, 2021 / PRNewswire / – Added to report “Structural Insulation Panels – Global Market Trajectory & Analytics” ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Structural Insulated Panels is considered US $ 385.1 Million by the year 2020, it is expected to reach a revised size of US $ 550.5 Million by 2027, growing at a CAGR of 5.2% over the 2020-2027 study period. Glass Wool, one of the sectors examined in the report, is expected to grow at a CAGR of 5.6% US $ 152.8 Million before the end of the study period. After an early study of the industrial impacts of the pandemic and the economic crisis it has caused, growth in the Stone Wool sector has read to a revised CAGR of 5.3% for the next 7-year. This sector currently accounts for a 15% share of the global Structural Insulation Panels market.
The market of Structural Insulation Panels in the US is estimated at US $ 111.4 Million in the year 2020. The country currently accounts for 28.93% share in the global market. ChinaThe second largest economy in the world is expected to reach an estimated market size of US $ 98.8 Million in the year 2027 slows a CAGR of 8.2% through 2027. Other geographic markets include Japan and Canada, all expected to grow at 2.9% and 4.8% respectively over the period 2020-2027. Inside Europe, Germany is expected to grow at around 3.3% CAGR while reaching the rest of the European market (as described in the study) US $ 98.8 Million by the year 2027.
In the global EPS sector, USA, Canada, Japan, China and Europe it manages the 5.7% CAGR estimated for this sector. These regional markets account for a unified market size of US $ 93.8 Million in the year 2020 will reach a projected size of US $ 137.9 Million before the end of the study period. China remain among the fastest growing in this group of regional markets. Led by such countries Australia, India, and South Korea, the incoming market Asia-Pacific it is expected to arrive US $ 75 Million by the year 2027, while Latin America will expand at a CAGR of 7.4% over the study period.
The report includes accurate insights into how the pandemic affected productivity and the purchasing side for 2020 and 2021. Short-term gradual recovery is also addressed by key geographies. .
Competitors identified in this market include, but are not limited to:
- ACME Panel
- Eagle Panel Systems, Inc.
- Laminates of foam de Vermont
- Foard Panel Inc.
- Future Construction Company of America
- Eco-SIPan ICS
- Insulspan
- SPA ISOPAN
- Kingspan Group PLC
- Spa Lattonedil Milano
- SpA Metecno
- Nohara Holdings, Inc.
- Premier building systems
- Romakowski GmbH & Co. KG
- Corporal T. Clear
- Murus Company, Inc.
Key topics covered:
I. INTRODUCTION, METHODOLOGY & RANGE OF REPORT
II. SUMMARY
1. MARKET OVERVIEW
- Covid-19 impact and global economic downturn
- Global competitive market shares
- Structural Insulated Panels Global Competitive Market Position (in%): 2018E
2. A WORD ON SELECT PLANS
3. MARKET RESULTS & DRIVERS
4. GLOBAL MARKET VIEW
III. MARKET ANALYSIS
ANALYSIS OF HUMAN MARKETS
IV. TABLE
- Total Companies Profile: 52
For more information about this report, visit https://www.researchandmarkets.com/r/1sc3mc
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