PIR Structural Insulation Panel Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 4.5 Billion by 2030, growing at a CAGR of 8.1% from 2024 to 2030.
Looking ahead from 2023 to 2033, the market is poised for continued expansion. Factors such as stringent building codes emphasizing energy efficiency, rising awareness of sustainable construction practices, and technological advancements in panel manufacturing are anticipated to fuel this growth. The increasing focus on reducing carbon footprints in the construction sector further bolsters the demand for high-performance insulation materials like PIR panels.
In my experience working on construction projects, incorporating PIR structural insulation panels has significantly enhanced building performance. Their ease of installation and excellent insulating properties not only streamline the construction process but also contribute to long-term energy savings for building occupants.
Moreover, the versatility of PIR panels allows for their application in various building types and climates, making them a valuable component in modern construction. As the industry continues to prioritize sustainability and efficiency, the role of PIR structural insulation panels is expected to become even more prominent in the coming years.
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Between 2018 and 2022, the PIR Structural Insulation Panel market experienced notable growth, driven by the increasing demand for energy-efficient building solutions and the expansion of the construction industry. These panels, known for their superior thermal performance and fire resistance, became a preferred choice in both residential and commercial construction projects.
According to market analyses, the global structural insulated panels market size reached USD 481.2 million in 2024, with expectations to reach USD 706.8 million by 2033, exhibiting a CAGR of 4.15% during 2025-2033. This upward trend underscores the growing adoption of PIR panels in various applications, including walls, roofs, and floors, due to their efficiency and durability.
Kingspan
Metecno
Metalcraft Roofing
Isopan
ArcelorMittal
Balex Metal
Saint-Gobain Insulation UK
Conqueror
Square Panel System
NCI Building Systems
Assan Panel
TATA Steel
Silex
Marcegaglia
Ruukki
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global PIR Structural Insulation Panel Market
Building Wall
Building Roof
Others
Based on Types the Market is categorized into Below types that held the largest PIR Structural Insulation Panel market share In 2023.
Thickness Below 51mm
Thickness 51mm-100mm
Thickness Above 100mm
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global PIR Structural Insulation Panel Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global PIR Structural Insulation Panel Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global PIR Structural Insulation Panel Market, By Type
6. Global PIR Structural Insulation Panel Market, By Application
7. Global PIR Structural Insulation Panel Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global PIR Structural Insulation Panel Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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