Europe Sandwich Panels Market Report and Forecast 2024-2032

Europe Sandwich Panels Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the Europe sandwich panels market is projected to grow at a CAGR of 5.2% between 2024 and 2032 reaching a value of around USD 5.58 billion by 2032. Aided by the rising demand in construction projects and enhanced thermal insulation requirements, the market is expected to grow significantly by 2032.

Sandwich panels, typically composed of an insulating core material sandwiched between two metal or composite skins, are extensively utilised in building systems to offer superior insulation and structural strength. Their lightweight, durability, and high insulation properties make them preferable for various construction purposes, including facades, roofs, and walls in commercial, residential, and industrial projects.

The Europe sandwich panels market growth is primarily attributed to the surge in construction activities across the region. As urbanisation continues to thrive, the need for quick, efficient, and sustainable building solutions has become imperative. Sandwich panels, with their ability to cater to these needs, have found significant acceptance among constructors and architects. Additionally, the stringent regulations set by the European Union on energy efficiency and carbon emissions have further cemented the position of sandwich panels in the European construction market.

Another vital factor supporting the Europe sandwich panels market demand is the technological advancements in sandwich panel production. With innovations in core materials, such as Polyurethane (PUR), Polyisocyanurate (PIR), and mineral wool, sandwich panels have become more versatile, meeting specific demands of various projects, be it fire resistance, acoustic insulation, or structural robustness.

Europe's focus on sustainable construction and the circular economy has also been a boon for the sandwich panels industry. Recognising the benefits of reducing energy consumption in buildings – from lower utility bills to decreased greenhouse gas emissions – European nations have prioritised energy-efficient infrastructure. Sandwich panels, known for their excellent thermal insulation properties, are thus seen as a cornerstone in realising this vision of sustainable, energy-efficient construction.

According to the Europe sandwich panels market analysis, the recovery of the European economy post the economic downturns and pandemics has reignited the construction sector. Investments in infrastructure development, public facilities, and residential buildings have surged, indirectly propelling the demand for sandwich panels.

The rise in modular and prefab construction across Europe is another contributing factor. As projects lean towards shorter construction times and reduced labour costs, prefab construction methods, where sandwich panels are a crucial element, have gained traction.

Market Segmentation

The market can be divided based on type, skin material, technology, application, end use, and country.

Market Breakup by Type

• PUR/PIR
• Mineral Wool
• Expanded Polystyrene (EPS)
• Others

Market Breakup by Skin Material

• Continuous Fibre Reinforced Thermoplastics (CFRT)
• Fibreglass Reinforced Panel (FRP)
• Aluminium
• Steel
• Others

Market Breakup by Technology

• Continuous
• Discontinuous

Market Breakup by Application

• Wall Panels
• Roof Panels
• Others

Market Breakup by End Use

• Residential
• Commercial
• Industrial
• Institutional and Others

Market Breakup by Country

• Germany
• United Kingdom
• France
• Italy
• Serbia
• Bulgaria
• Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Europe sandwich panels market. Some of the major players explored in the report by Expert Market Research are as follows:

• Adamietz Sp. z o. o.
• Rautaruukki Corporation
• ArcelorMittal Construction
• Assan Panel A.S.
• PaNELTECH Sp. z o.o.
• Kingspan Group Plc
• Others

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