News Release - 6/6/2006 #2
| For Immediate Release June 5, 2006 |
Contact: | Chris Schwind chris@sips.org 253.858.7472 |
Results from the annual structural insulated panel (SIPs) production survey conducted by the Structural Insulated Panel Association (SIPA) shows that the market for SIPs continues to grow substantially. The survey queried all 67 known SIP manufacturers in the United States including two Canadian manufacturers. As energy prices continue to rise and the housing market boom reached a climax in 2005, the survey shows that structural insulated panel production increased 12 % in the last year, amounting to 64.4 million sq. ft. of SIPs produced.
According to the survey results, the number of single-family residential home starts built with SIPs has grown from 8,515 in 2004 to 10,485, a 23.1% increase. This follows a 10% increase from 2003. 65% of all structural insulated panels for residential structures were supplied by SIPA member manufacturers.
For the first time 33 manufacturers provided data for the geographical distribution of panels. 20% of all OSB skin panels were used in the high seismic areas of California, Alaska and the Pacific Northwest. The hurricane affected South Atlantic region consumed 21.6 % of all panels, only 7.6% of which had OSB skins.
Additional details from the 2005 survey:
- 43% of all SIPs were used in Nonresidential construction.
- 52% of SIPs used in residential construction were used for walls, 44% for roofs, and 4% for floors.
- SIPs sales increased from $201.2 million estimated for 2004 to $329.8 million in 2005.
The 2006 production survey confirms a continuing upward trend in the production of structural insulated panels. The inherent benefits of SIPs, such as energy efficiency, reduced time and labor and minimal environmental impact, will continue to make SIPs a more popular and necessary choice for the construction industry.
About SIPA
The Structural Insulated Panel Association (SIPA) is a non-profit association representing manufacturers, suppliers, fabricators/distributors, design professionals, and builders committed to providing quality structural insulated panels for all segments of the construction industry.
Looking for SIPs in
Your Area?
CLICK HERE…
Want to Build with SIPs?
Submit information on your next SIP project to contact SIPA members in your area.
