Reports
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
Global Sandwich Panels Market: By Core Material: PUR/PIR, Mineral Wool, Expanded Polystyrene (EPS), Others; By Technology; By Skin Material; By Application; By End Use Sector; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Sandwich Panels Market Outlook
The global sandwich panels market stood at a value of around USD 12.9 billion in 2021. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 5.3% to reach USD 17.9 billion by 2027.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Expanded Polystyrene (EPS) Based Sandwich Panels to Witness a Healthy Demand in the Forecast Period
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.
The Asia Pacific to Provide Lucrative Growth Opportunities to the Sandwich Panels Industry
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.
Sandwich Panels: Market Segmentation
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
By core material, the industry can be segmented into:
- Polyurethane (PUR)/Polyisocyanurate (PIR)
- Mineral Wool
- Expanded Polystyrene (EPS)
- Others
Based on skin material, the industry can be divided into:
- Continuous Fibre Reinforced Thermoplastics (CFRT)
- Fibreglass Reinforced Panel (FRP)
- Aluminium
- Steel
- Others
Based on Technology, the industry can be divided into:
- Continuous
- Discontinuous
The significant applications of sandwich panels include:
- Wall Panels
- Roof Panels
- Others
On the basis of end use sector, the industry can be segmented into:
- Residential
- Commercial
- Industrial
- Institutional and Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Increase in Infrastructural Activities to Bolster the Growth of the Global Sandwich Panels Industry
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.
Key Industry Players in the Global Sandwich Panels Market
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:
- Kingspan Group
- Tata Steel
- Rautaruukki Corporation
- ArcelorMittal Construction
- ITALPANNELLI S.R.L.
- DANA Group of Companies
- Others
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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Core Material, Skin Material, Application, End Use Sector, Region |
| Breakup by Core Material | Polyurethane (PUR)/Polyisocyanurate (PIR), Mineral Wool, Expanded Polystyrene (EPS), Others |
| Breakup by Skin Material | Continuous Fibre Reinforced Thermoplastics (CFRT), Fibreglass Reinforced Panel (FRP), Aluminium, Steel, Others |
| Breakup by Technology | Continuous, Discontinuous |
| Breakup by Application | Wall Panels, Roof Panels, Others |
| Breakup by End Use Sector | Residential, Commercial, Industrial, Institutional and Infrastructure |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Kingspan Group, Tata Steel, Rautaruukki Corporation, ArcelorMittal Construction, ITALPANNELLI S.R.L., DANA Group of Companies, Others |
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Sandwich Panels Market Analysis
8.1 Key Industry Highlights
8.2 Global Sandwich Panels Historical Market (2018-2022)
8.3 Global Sandwich Panels Market Forecast (2023-2028)
8.4 Global Sandwich Panels Market by Core Material
8.4.1 Polyurethane (PUR)/Polyisocyanurate (PIR)
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Mineral Wool
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Expanded Polystyrene (EPS)
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Sandwich Panels Market by Skin Material
8.5.1 Continuous Fibre Reinforced Thermoplastics (CFRT)
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Fibreglass Reinforced Panel (FRP)
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Aluminium
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Steel
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Sandwich Panels Market by Technology
8.6.1 Continuous
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Discontinuous
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Sandwich Panels Market by Application
8.7.1 Wall Panels
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Roof Panels
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Others
8.8 Global Sandwich Panels Market by End Use Sector
8.8.1 Residential
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Commercial
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Industrial
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Institutional and Others
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.9 Global Sandwich Panels Market by Region
8.9.1 North America
8.9.1.1 Market Share
8.9.1.2 Historical Trend (2018-2022)
8.9.1.3 Forecast Trend (2023-2028)
8.9.2 Europe
8.9.2.1 Market Share
8.9.2.2 Historical Trend (2018-2022)
8.9.2.3 Forecast Trend (2023-2028)
8.9.3 Asia Pacific
8.9.3.1 Market Share
8.9.3.2 Historical Trend (2018-2022)
8.9.3.3 Forecast Trend (2023-2028)
8.9.4 Latin America
8.9.4.1 Market Share
8.9.4.2 Historical Trend (2018-2022)
8.9.4.3 Forecast Trend (2023-2028)
8.9.5 Middle East and Africa
8.9.5.1 Market Share
8.9.5.2 Historical Trend (2018-2022)
8.9.5.3 Forecast Trend (2023-2028)
9 North America Sandwich Panels Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Sandwich Panels Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Sandwich Panels Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Sandwich Panels Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Sandwich Panels Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Kingspan Group
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Tata Steel
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Rautaruukki Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 ArcelorMittal Construction
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 ITALPANNELLI S.R.L.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 DANA Group of Companies
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Sandwich Panels Market: Key Industry Highlights, 2017 and 2027
2. Global Sandwich Panels Historical Market: Breakup by Core Material (USD Billion), 2018-2022
3. Global Sandwich Panels Market Forecast: Breakup by Core Material (USD Billion), 2023-2028
4. Global Sandwich Panels Historical Market: Breakup by Skin Material (USD Billion), 2018-2022
5. Global Sandwich Panels Market Forecast: Breakup by Skin Material (USD Billion), 2023-2028
6. Global Sandwich Panels Historical Market: Breakup by Technology (USD Billion), 2018-2022
7. Global Sandwich Panels Market Forecast: Breakup by Technology (USD Billion), 2023-2028
8. Global Sandwich Panels Historical Market: Breakup by Application (USD Billion), 2018-2022
9. Global Sandwich Panels Market Forecast: Breakup by Application (USD Billion), 2023-2028
10. Global Sandwich Panels Historical Market: Breakup by End-Use Sector (USD Billion), 2018-2022
11. Global Sandwich Panels Market Forecast: Breakup by End-Use Sector (USD Billion), 2023-2028
12. Global Sandwich Panels Historical Market: Breakup by Region (USD Billion), 2018-2022
13. Global Sandwich Panels Market Forecast: Breakup by Region (USD Billion), 2023-2028
14. North America Sandwich Panels Historical Market: Breakup by Country (USD Billion), 2018-2022
15. North America Sandwich Panels Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Europe Sandwich Panels Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Europe Sandwich Panels Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Asia Pacific Sandwich Panels Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Asia Pacific Sandwich Panels Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Latin America Sandwich Panels Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Latin America Sandwich Panels Market Forecast: Breakup by Country (USD Billion), 2023-2028
21. Middle East and Africa Sandwich Panels Historical Market: Breakup by Country (USD Billion), 2018-2022
22. Middle East and Africa Sandwich Panels Market Forecast: Breakup by Country (USD Billion), 2023-2028
23. Global Sandwich Panels Market Structure
Key Questions Answered in the Report
In 2021, the global sandwich panels market attained a value of nearly USD 12.9 billion.
The market is projected to grow at a CAGR of 5.3% between 2022 and 2027.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 2.10 billion by 2026.
The growing demand for sandwich panels in the residential and commercial construction sector, coupled with the various advantages offered by the product including impermeability, high thermal resistance, and acoustic properties, among others, are the major drivers for the growth of the market.
The key market trends guiding the growth of the industry include the growing investments in infrastructural projects due to the rapid urbanisation and industrialisation, especially in developing economies.
The major regions in the industry 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 different core materials of the product in the industry.
Continuous fibre reinforced thermoplastics (CFRT), fibreglass reinforced panel (FRP), aluminium, and steel, among others are the different skin materials considered within the market report.
Wall panels, and roof panels, among others are the major applications of the product in the industry.
Residential, commercial, industrial, and institutional and others are the major end use sectors of the product in the market.
The major players in the industry are Kingspan Group, Tata Steel, Rautaruukki Corporation, ArcelorMittal Construction, ITALPANNELLI S.R.L., and DANA Group of Companies, among others.
Analyst Review
The global sandwich panels market attained a value of USD 12.9 billion in 2021, driven by the increasing residential construction and housing projects, particularly in emerging economies. Aided by the increased investments in research and development activities by the key players, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5.3%. The market is projected to reach USD 17.9 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its core material, the sandwich panels industry can be segmented into polyurethane (PUR)/polyisocyanurate (PIR), mineral wool, and expanded polystyrene (EPS), among others. On the basis of skin material, the industry can be segmented into continuous fibre reinforced thermoplastics (CFRT), fibreglass reinforced panel (FRP), and aluminium, and steel, among others. On the basis of technology, the industry can be segmented into continuous and discontinuous. The significant applications of the product include wall panels, and roof panels, among others. The major end use sectors of the product include residential, commercial, industrial, and institutional and infrastructure. The major regional markets for sandwich panels are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Kingspan Group, Tata Steel, Rautaruukki Corporation, ArcelorMittal Construction, ITALPANNELLI S.R.L., and DANA Group of Companies, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
NEWSLETTER