Structural Insulated Panels Market Is Likely To Up Demand At A USD 17.19 Billion By 2028
San Francisco, 22 Dec 2023: The Report Structural Insulated Panels Market Size, Share & Trends Analysis Report By Product (Polystyrene, Polyurethane), By Application (Walls & Floors, Roofs), By Region (APAC, North America), And Segment Forecasts, 2021 - 2028 The global structural insulated panels market size is expected to reach USD 17.19 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.5% over the forecast period. Growing emphasis on constructing energy-efficient building structures and the rising investments in the renovation of old buildings are some of the major factors expected to boost the product demand. Governments across the world are providing various incentives to construction companies and building contractors to promote eanergy-efficient building structures. For instance, the U.S. government, through its Weatherization Assistance Program (WAP), is incentivizing the improvement of the...