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Philippines Structural Insulated Panels Market 2019 Research Methodology, Business Plans, Development Status, and Industry Size & Share Forecast to 2024

Philippines

The “Philippines Structural Insulated Panels Market” report 2019 delivers up-to-date information about market changes and prospective threats, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. Moreover, it focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

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Market Overview:

  • The Philippines structural insulated panels market is expected to grow moderately, at an estimated CAGR of 4.21%, during 2019-2024. The market is driven by the increasing demand from the construction industry.
  • Increasing cold storage applications are likely to act as a market opportunity for market growth in the future.
  • In 2017, the building wall application dominated the market with a share of around 60%.<

    Top Key Players of Philippines Structural Insulated Panels Market Are:

  • ENERCON Specialty Building Systems Corporation
  • iSTEEL Inc.
  • Kingspan Group
  • Metalink
  • Shanghai Seventrust Industry Co. Ltd
  • SRC Intl. Panel System Inc.
  • Supersonic Manufacturing Inc.
  • Ultra Insulated Panel Systems Corporation (UIPSC)?
  • Union Galvasteel Corporation (UGC)
  • VBLLU Inc.
  • Thermasip
  • Ultra Insulated Panel Systems Corporation
  • VBLLU Inc.
  • iSTEEL, Inc.

    Reasons to buy:

    • In-depth analysis of the market on the global and regional level.
    • Major changes in market dynamics and competitive landscape.
    • Segmentation on the basis of type, application, geography and others.
    • Historical and future market research in terms of size, share, growth, volume & sales.
    • Major changes and assessment in market dynamics & developments.
    • Industry size & share analysis with industry growth and trends.
    • Emerging key segments and regions
    • Key business strategies by major market players and their key methods.
    • The research report covers size, share, trends and growth analysis of the Philippines Structural Insulated Panels Market on the global and regional level.

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    Scope of the Report:

  • This report studies the global Philippines Structural Insulated Panels market size, industry status and forecast, competition landscape and growth opportunity.

    Philippines Structural Insulated Panels market covers the outlook for overall market status, size and share. The report provides complete coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Philippines Structural Insulated Panels market report also presents the market competition landscape and a corresponding detailed analysis of the major vendor in the market. 

    Key Market Trends:

    Increasing Demand from the Construction Industry

    The rise in building and construction activities is the prominent factors augmenting the demand for structural insulated panels (SIPs).
    Among the various non-conventional insulations being introduced to the construction industry, as the next-generation thermal insulation, SIPs appear to be one of the most promising insulation materials with the significant thermal insulating capacity.
    Time and cost are the two parameters associated with construction activity that has long been considered as constraints for the growth of the industry. Overcoming these constraint has been one of the major hurdles in the country. Structural insulation panels act as one of the major solutions for these problems.
    Number of constructions in the country registered a growth of 2.7% in 2017, with the total number of constructions generated from approved building permits reaching 152,01,2 and the non-residential constructions increased by 19.6%, reaching 21,349 constructions in 2017.
    Furthermore, increasing construction and infrastructure spending in the country has been increasing from the past few years. In August 2018, government spending on infrastructure increased by 71%, to PHP 68.4 billion from PHP 40.1 billion, in the same month of 2017.
    All the factors mentioned above increase the demand for the structural insulated panels in the construction sector, and are expected to drive the market in the coming years.

    Increasing Demand for the Building Walls

    Structural insulated wall panels are generally available in thicknesses of 4-1/2 inches and 6-1/2 inches. Manufacturing of curved wall panels are possible and it is often more practical to use stud framing for non-orthogonal geometries.
    The whole wall R-value of a wall assembly is currently the best and the most followed method of quantifying the total thermal performance. The whole wall R-value takes the resistance of heat flown through an opaque cross sectional area of the insulation and structure into the accounts while the total loss of energy at the interfaces of the wall with the roof and floor are accounted.
    The whole wall R-value of a 4-inch structural insulated wall panel is 14, whereas for a 2×4 wall it is less than 10. The whole wall R-value of a 2×6 wall is between 11 and 13.7, depending on the quality of the installation of batt insulation.
    The elimination of thermal bridging and a more air tight envelope contributes to the higher whole wall R-value of structural insulated wall panels, compared to the conventional metal and wood stud walls.
    The total volume of the panels used as structural insulated wall panels is much higher, compared to the volume of the panels used as structural insulated roof panels.
    Philippines experienced a GDP growth rate of 6.7% in 2017, ranking the highest among the ASEAN nations, aided by the increasing consumption and higher investments, which, in turn, led to a strong rebound in export earnings.
    All the aforementioned factors, in turn, increase the demand for the structural insulated panels.

    Philippines Structural Insulated Panels Market Report contents include:

    – Analysis of the Philippines Structural Insulated Panels market including revenues, future growth, market outlook

    – Historical data and forecast

    – Regional analysis including growth estimates

    – Analyzes the end user markets including growth estimates.

    – Profiles on Philippines Structural Insulated Panels including products, sales/revenues, and market position

    – Market structure, market drivers and restraints.

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    Detailed TOC of Philippines Structural Insulated Panels Market Report Are:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing Demand from the Construction Sector
    4.2 Restraints
    4.2.1 Advancements in Building Technologies, such as Modular Construction Techniques
    4.3 Industry Value-Chain Analysis
    4.4 Industry Attractiveness – Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Product
    5.1.1 Expanded Polystyrene (EPS) Panels
    5.1.2 Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panels
    5.1.3 Glass Wool Panels
    5.1.4 Other Products (Extruded Polystyrene Foam)
    5.2 Application
    5.2.1 Building Wall
    5.2.2 Building Roof
    5.2.3 Cold Storage

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 ENERCON Specialty Building Systems Corporation
    6.4.2 iSTEEL Inc.
    6.4.3 Kingspan Group
    6.4.4 Metalink
    6.4.5 Shanghai Seventrust Industry Co. Ltd
    6.4.6 SRC Intl. Panel System Inc.
    6.4.7 Supersonic Manufacturing Inc.
    6.4.8 Ultra Insulated Panel Systems Corporation (UIPSC)?
    6.4.9 Union Galvasteel Corporation (UGC)
    6.4.10 VBLLU Inc.
    6.4.11 Thermasip
    6.4.12 Ultra Insulated Panel Systems Corporation
    6.4.13 VBLLU Inc.
    6.4.14 iSTEEL, Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Increasing Cold Storage Applications

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

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  • About the author

    Emily Rodriguez

    Emily Rodriguez

    I have 25 years of writing experience as a journalist and business executive. My fields of expertise include higher education, business journalism, report writing and project management. I work closely with writers to edit carefully and help to hone ideas to effectively deliver messages and stories.