Global Steel Sandwich Panel Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
A sandwich panel is any structure made of three layers: a low-density core, and a thin skin-layer bonded to each side. Sandwich panels are an example of a sandwich structured composite: the strength and lightness of this technology makes it popular and widespread.
Market Overview:The latest research study on the global Steel Sandwich Panel market finds that the global Steel Sandwich Panel market reached a value of USD 8774.77 million in 2022. It’s expected that the market will achieve USD 10676.95 million by 2028, exhibiting a CAGR of 3.32% during the forecast period.
OpportunitiesImprove performance
With the progress in science and technology, more advanced production methods, and investment of companies, there will be more cost-effective, high-performance products in the future.
Emerging countries
For example, China, India are developing their industries, with the progress of economy and technology, also due to the increasing demand for Steel Sandwich panels such as the construction industry, the market of Steel Sandwich Panel has great market potential.
Region Overview:Arcelor is projected to account for a considerable share of the Steel Sandwich Panel market and is expected to become the largest region by 2028.
Company Overview:Kingspan Group plc is one of the major players operating in the Steel Sandwich Panel market, holding a share of 25.63% in 2023.
Kingspan Group plc
Kingspan Group plc is a building materials company based in Ireland trading in over 70 countries with over 100 factories employing over 13,000 people. The company operates with 5 divisions.
ArcelorMittal
ArcelorMittal S.A. is an Indian multinational steel manufacturing corporation headquartered in Luxembourg. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel.
Segmentation Overview:By type, PU Panels segment accounted for the largest share of market in 2022.
Application Overview:By application, the Building Wall segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Steel Sandwich Panel market covered in Chapter 3:RESCO
ArcelorMittal
Maghreb Panneaux
ALEX GROUP
Stunas Industries
TATA Steel
Kingspan Group plc
EEC Group
Assan Panel
NCI Building Systems
PSI
Metecno S.p.A.
ICON
Reftruck
Tunisie Panneaux
SNCI
Panneaux du Maghreb
Manni Group
In Chapter 4 and Chapter 14.2, on the basis of types, the Steel Sandwich Panel market from 2018 to 2029 is primarily split into:EPS Panels
PU Panels
Glass Wool Panels
PF Panels
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Steel Sandwich Panel market from 2018 to 2029 covers:Building Wall
Building Roof
Cold Storage
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)