The global sandwich panels market stood at a value of around USD 14.63 Billion in 2025. The market is further expected to grow in the forecast period of 2026-2035 at a CAGR of 5.20% to reach USD 24.29 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
5.2%
Value in USD Billion
2026-2035
*this image is indicative*
Based on core material, the expanded polystyrene (EPS) segment is likely to witness a significant growth, expanding at a healthy rate in the forecast period. This can be attributed to the cost-effectiveness and lightweight of EPS sandwich panels that have excellent insulation properties. It offers a minimum cost advantage of 20% in comparison to mineral wools, such as rock wool and glass wool. Furthermore, it has a low maintenance cost. These days sandwich panels with expanded polystyrene core are mostly preferred for inside and outside walls and roofs. With the growing popularity and acceptance of expanded polystyrene, new technologies and applications of the material will continue to evolve. These factors are expected to enhance the growth of the segment in the forecast period.
Geographically, the Asia Pacific is predicted to provide lucrative growth opportunities to the market during the forecast period. The flourishing residential construction market, particularly in China and India, is aiding the industry growth in the region. Additionally, low interest rates for home mortgages have increased residential construction, which is the key propelling factor for the growth of the sandwich panels industry in the Asia Pacific.
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Sandwich panels are structures manufactured by joining the layers of covering metals with binding agents and insulating materials. It comprises three layers; a low-density core and a thin skin layer bonded to each side. It has the ability to protect the interior against extreme weather conditions, sound, and sudden breakout of fires. These are practical solutions for temperature control and insulation.
Market Breakup by Core Material
Market Breakup by Skin Material
Market Breakup by Technology
Market Breakup by Application
Market Breakup by End Use Sector
Market Breakup by Region
The rise of infrastructural projects due to the rapid urbanisation and industrialisation in developed and developing nations is the crucial factor responsible for the growth of the global sandwich panels industry. In addition to this, the various advantages offered by the product, including thermal resistance, acoustic insulation, mechanical properties, impermeability, and fire behaviour, among others, are contributing to the growth of this market. Furthermore, improvements in the thermal performance of these panels and the implementation of stringent regulations towards energy conservation are also expected to drive the market growth in the forecast period.
The report gives a detailed analysis of the following key players in the global sandwich panels market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
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In 2025, the global sandwich panels market attained a value of nearly USD 14.63 Billion.
The market is projected to grow at a CAGR of 5.20% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 24.29 Billion by 2035.
The growing demand for sandwich panels in the residential and commercial construction sector, coupled with the various advantages offered by sandwich panels including impermeability, high thermal resistance, and acoustic properties are the major drivers of the market.
The key trends guiding the growth of the market include the growing investments in infrastructural projects due to the rapid urbanisation and industrialisation and rising awareness about energy-efficient buildings.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Polyurethane (PUR)/polyisocyanurate (PIR), mineral wool, and expanded polystyrene (EPS), among others are the leading core materials of sandwich panels in the market.
Continuous fibre reinforced thermoplastics (CFRT), fibreglass reinforced panel (FRP), aluminium, and steel, among others are the different skin materials in the market.
Wall panels, and roof panels, among others are the major applications in the market.
Residential, commercial, industrial, and institutional and others are the significant end use sectors in the market.
The key players in the global sandwich panels market are Kingspan Group, Tata Steel, Rautaruukki Corporation, ArcelorMittal Construction, ITALPANNELLI S.R.L., and DANA Group of Companies, among others.
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| 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 Core Material |
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| Breakup by Skin Material |
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| Breakup by Technology |
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| Breakup by Application |
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| Breakup by End Use Sector |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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