The Philippines structural insulated panels market is projected to grow at a CAGR of 4.20% between 2026 and 2035, due to the expansion of the country’s pharma and warehousing industries.
Base Year
Historical Period
Forecast Period
Energy-efficient SIPs, which promote healthy air quality in indoor environments, are expected to witness widespread adoption.
High-strength SIPs with strong thermal performance are expected to find increasing application in industrial settings.
Sustainable manufacturing practices are expected to play a key role in driving the market growth.
Compound Annual Growth Rate
4.2%
2026-2035
*this image is indicative*
| Philippines Structural Insulated Panels Market Report Summary | Description | Value |
| Base Year | USD Million | 2025 |
| Historical Period | USD Million | 2019-2025 |
| Forecast Period | USD Million | 2026-2035 |
| Market Size 2025 | USD Million | XX |
| Market Size 2035 | USD Million | XX |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 4.20% |
| CAGR 2026-2035 - Market by Product | Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panels | 4.8% |
| CAGR 2026-2035 - Market by Application | Building Roof | 5.1% |
| 2025 Market Share by Product | Expanded Polystyrene (EPS) Panels | XX% |
In 2020, the Philippines’ warehousing sector contributed PhP 118.4 billion in gross value added due to the evolving consumer behaviour. The rapid expansion of the e-commerce industry is expected to drive the growth of this sector, thereby resulting in a higher demand for structural insulated panels (SIPs), which are crucial for storing temperature-sensitive electronic goods at cool temperatures.
Increasing investments into the construction of data centres and other commercial facilities in the Philippines is expected to have a favourable impact on the demand for structured insulated panels due to their ability to effectively regulate high indoor temperatures and facilitate the effective functioning of machines.
As per the Philippine Pharmaceutical Manufacturing Association, the Philippine’s local pharmaceutical manufacturing industry reached a size of P257 billion in 2024 and is expected to grow at an average rate of 6%-7%. This is expected to raise the demand for SIPs, which are integrated into cold storage containers and the building walls of pharmacies to preserve temperature-sensitive medicines.
Structural insulated panels are further expected to find increasing application in large-scale cooling devices like walk-in freezers and refrigerators across a wide variety of institutional and commercial buildings like schools, camps, restaurants, and hospitals, among others.
Philippines Structural Insulated Panels Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Application
| CAGR 2026-2035 - Market by | Product |
| Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panels | 4.8% |
| Expanded Polystyrene (EPS) Panels | 4.5% |
| Glass Wool Panels | XX% |
| Others | XX% |
| CAGR 2026-2035 - Market by | Application |
| Building Roof | 5.1% |
| Building Wall | XX% |
| Cold Storage | XX% |
| 2025 Market Share by | Product |
| Expanded Polystyrene (EPS) Panels | XX% |
| Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panels | XX% |
| Glass Wool Panels | XX% |
| Others | XX% |
Based on application, the market is segmented into building wall, building roof, and cold storage. Over the forecast period, building roof is expected to grow at a CAGR of 5.1%, due to an anticipated growth of housing renovations and replacement of obsolete roofing systems.
Major market players are expected to focus on using recycled waste like agricultural straw and other renewable materials to produce SIPs that are eco-friendly and align with the goal of the circular economy.
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The market is projected to grow at a CAGR of 4.20% between 2026 and 2035.
The different products in the market are expanded polystyrene (EPS) panels, rigid polyurethane (PUR) and rigid polyisocyanurate (PIR) panels, and glass wool panels, among others.
The different applications of structural insulated panels include building wall, building roof, and cold storage.
The key market players are ENERCON Specialty Building Systems Corporation, Ultra Insulated Panel Systems Corp., PHINMA Corp. (Union Galvasteel Corp.), Metalink Manufacturing Corp., Kingspan Group, and Vbllu Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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