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Global Structural Insulated Panels (SIP) Business Report

Dublin, Aug. 08, 2023 (GLOBE NEWSWIRE) The "Structural Insulated Panels - Global Strategic Business Report" report has been added to . ....

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Global Structural Insulated Panels Market is Forecast to Reach US$550.5 Million by the Year 2027

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Amid the COVID-19 crisis, the global market for Structural Insulated Panels estimated at US$385.1 Million in the year 2020, is projected to reach a revised size of US$550.5 Million by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027. Glass Wool, one of the segments analyzed in the report, is projected to grow at a 5.6% CAGR to reach US$152.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Stone Wool segment is readjusted to a revised 5.3% CAGR for the next 7-year period. This segment currently accounts for a 15% share of the global Structural Insulated Panels market. ....

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