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Europe Sandwich Panels Market to Grow at a CAGR of 5.2% During 2022-2027, Aided by the Rising Investments in the Development of Eco-Friendly Sandwich Panels

According to a new report by EMR titled, ‘Europe Sandwich Panels Market Report and Forecast 2022-2027’, the market attained a value of around USD 3.4 billion in 2021. The industry is further expected to grow at a CAGR of 5.2% in the forecast period of 2022-2027 to reach a value of nearly USD 4.7 billion by 2027.

The Europe sandwich panels industry is being driven by the rising expenditure by the leading market players in the research and development of environment friendly sandwich panels. This can be attributed to the implementation of stringent regulations by the government in controlling the carbon emissions across industry verticals. In addition, the increased public expenditure in infrastructure development activities is projected to support the industry growth in the forecast period. Moreover, the growing demand for sandwich panels in the manufacturing of vehicles, such as cars, trains, and boats is also expected to aid the market growth in the forecast period.

The rising investments by the leading market players to expand their production capacities are leading to increased collaborations, which is expected to supplement the market growth in the forecast period. For instance, in December 2020, ArcelorMittal Construction (OTCMKTS: AMSYF), a leading manufacturer of sandwich panels, announced that the company has signed an agreement with Llentab to acquire its Kungshamn panel production line in Sweden. This production line manufactures mineral wool (MiWo) panels for steel buildings. It will be the company’s first panel production facility in the region, which is expected to help strengthen and expand its position in the Scandinavian market. Such developments are expected to positively impact the growth of the sandwich panels industry in the forecast period.

Market Breakup by Type, Skin Material, Technology, Application, End Use, and Region:

  • The market is divided, based on type, into PUR/PIR, mineral wool, expanded polystyrene (EPS), and others.
  • On the basis of skin material, the market can be distributed into continuous fibre reinforced thermoplastics (CFRT), fibreglass reinforced panel (FRP), aluminium, steel, and others.
  • Based on technology, the industry is segregated into continuous and discontinuous.
  • The industry is segmented, on the basis of application, into wall panels, roof panels, and others.
  • On the basis of end use, the industry can be categorised into residential, commercial, industrial, and institutional and others.
  • Region-wise, the Europe market for sandwich panels can be divided into the United Kingdom, Germany, France, Italy, Serbia, Bulgaria and others.

Key Findings of the Report:

  • The Europe market for sandwich panels is being driven by the increased investments by the leading market players in the development of environment-friendly sandwich panels. 
  • The growing demand for thermal insulation in residential and commercial infrastructure has significantly contributed to the market expansion.
  • Increased investments by the governments in the rapid infrastructure development of the country are also aiding the industry growth.
  • The rising disposable income of consumers is leading to an increase in renovation and remodelling activities, which is further propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the Europe market for sandwich panels for the periods (2017-2021) and (2022-2027).
  • The report also offers historical (2017-2021) and forecast (2022-2027) market information for the types, skin materials, technologies, applications, end uses, and major regions of sandwich panels.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the Europe sandwich panels market are Adamietz Sp. z o. o ., Rautaruukki Corporation, ArcelorMittal Construction, Assan Panel A.S., PaNELTECH Sp. z o.o., and Kingspan Group Plc, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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