Global Sandwich Panels Market By Product type (Polystyrene Panels, Polyurethane Panels and Polyisocyanurate Panels, Glass Wool Panels, Others), By Application (Walls and Floors, Roofs, Cold Storage), By End user (Residential, Non-residential): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global sandwich panels market size was valued at $20,205.5 million in 2021, and is projected to reach $39,155.6 million by 2031, registering a CAGR of 6.7% from 2022 to 2031.
Sandwich panel is also known as a composite panel or structural insulation panel. It has three basic components such as the two outward facing layers and a thick core and the outside panels. A benefit associated with sandwich panels are easy and fast installation, low weight, fire safety, design flexibility and corrosion resistance and long durable. Sandwich panels are a high-performance building solution for homes and light commercial buildings.
Rise in urbanization drives the demand for new construction building and residential & commercial construction activities, which is expected to upsurge the demand for sandwich panels; thereby, driving the growth of the sandwich panels market. For instance, according to the German Construction Federation (ZDB) and the German Construction Industry Federation (HDB), 4% growth in the German construction sector reached $124.45 billion from 2020 to 2022. In addition, rise in disposable income of population in various governments such as India, China, Brazil, and others, is expected to drive the adoption of sandwich panels in residential and commercial construction activities, which boost the growth of the global sandwich panels market. Furthermore, increase in spending on residential and commercial construction activities is expected fuel the adoption of sandwich panels. However, increase in the cost of production due to expensive application techniques and fluctuations in the prices of raw materials hamper the market growth.
The market is segmented on the basis of product type, application, end-user, and region. On the basis of product type, the market is divided into polystyrene panels, polyurethane panels and polyisocyanurate panels, glass wool panels and others. On the basis of application, the market is divided into walls and floors, roofs and cold storage. On the basis of end-user, the market is divided into residential and non-residential. Region-wise, the market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
COMPETITION ANALYSIS
The key players that operate in the sandwich panels market are 3A Composites, Arcelor Mittal Construction, Arconic, Arpanel, Dana Group, Extreme Panel Technologies, INC., Fischer Profil GmbH, INGREEN SYSTEMS, ISOMEC SRL, Italpannelli, Jiangsu Jingxue Insulation Technology Co. Ltd., Kingspan Group, Marcegaglia, Metecno group, Nucor Corporation (Nucor Building Systems), Premier Building System, INC., and Rautarukki Corporation.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for key market segments between 2022 and 2031.
Extensive analysis of the sandwich panels market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The sandwich panels market forecast analysis from 2022 to 2031 is included in the report.
The key players with in sandwich panels market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the sandwich panels industry.
Key Market Segments
By End user
Residential
Non-residential
By Product type
Polyurethane Panels and Polyisocyanurate Panels
Glass Wool Panels
Others
Polystyrene Panels
Polystyrene Panels type
Extruded Polystyrene Foam Panels
Expanded Polystyrene Panels
By Application
Walls and Floors
Roofs
Cold Storage
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
3A Composites
Arcelor Mittal Construction
Arconic Inc.
Arpanel
Dana Group
Extreme Panel Technologies Inc.
Fischer Profil GmbH
INGREEN SYSTEMS
ISOMEC SRL
italpannelli srl
Jiangsu Jingxue Insulation Technology Co. Ltd
Kingspan Group
Marcegaglia
Metecno group
Nucor Corporation
Premier Building System Inc.,
Rautarukki Corporation
Please Note: It will take 7-10 business days to complete the report upon order confirmation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook