The sandwich panel market was valued at US$ 2,711.11 million in 2021 and is projected to reach US$ 4,256.62 million by 2028; it is expected to grow at a CAGR of 6.7% from 2021 to 2028.
Sandwich panels are a triple-layer structure that contains hard and rigid thin outer skin and insulating core material in between. This structure protects the interior against sound, extreme weather conditions, and sudden breakout of fires.In 2020, Asia Pacific held the largest revenue share of the global sandwich panel market. The growth of the market in the region can be attributed to the rapid industrialization and building construction activities. The region is witnessing a rise in the construction of cold storage, warehouses, shopping malls, industrial and commercial buildings. Furthermore, the region is known as the largest producer of agricultural products globally, which results in a greater number of agricultural premises construction across the region to store crops. Hence, the factors mentioned above are fostering the demand for sandwich panels in the region.
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Sandwich Panel Market: Strategic Insights
Market Size Value in US$ 2,711.11 Million in 2021 Market Size Value by US$ 4,256.62 Million by 2028 Growth rate CAGR of 6.7% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Sandwich Panel Market: Strategic Insights
| Market Size Value in | US$ 2,711.11 Million in 2021 |
| Market Size Value by | US$ 4,256.62 Million by 2028 |
| Growth rate | CAGR of 6.7% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on Sandwich Panel Market
Impact of COVID-19 Pandemic on Sandwich Panel Market
The COVID-19 pandemic has drastically altered the status of the chemicals & materials sector and negatively impacted the growth of the sandwich panel market. Industries such as construction, cold storage, and chemical have been impacted by the sudden distortion in operational efficiencies and disruptions in the value chains attributable to the sudden closure of national and international boundaries. The significant decline in the growth of several industrial sectors has impacted the demand for sandwich panels in the global market. The demand for sandwich panels has been negatively affected due to the total shutdown of construction activities and halt in expansion or new construction of plants and factories. However, the demand for sandwich panel products has been substantial from pharmaceutical and food & beverages manufacturing facilities as these industries witnessed growth during the lockdown. This helped the sandwich panel market to sustain itself to a certain extent.
Global Sandwich Panel Market Breakdown – by Region
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Market Insights
Growing Cold Storage Applications of Sandwich Panels
Sandwich panels are increasingly used in many commercial settings, including large refrigeration areas. They are also ideal for warehouses to store sensitive items that need to be kept at a steady temperature, such as frozen products and other temperature-sensitive items. Rise in retail food processing demand for products that need efficient cold storage facilities. Furthermore, during the pandemic, increased online grocery sales and expanded e-commerce channels resulted in the need to expand cold storage facilities.
Sandwich panels are used in refrigerated trucks, also known as reefer trailers, for transporting temperature-sensitive items. The growing demand for ready-to-eat/cook, dairy products, and pharma items is propelling the need for reefer trucks. This, in turn, will boost the growth of the sandwich panels market.
Application Insights
Based on application, the global sandwich panel market has been segmented into wall panels, roof panels, and others. The wall panels segment held the largest share in the global sandwich panel market in 2020. Wall panel provides sound insulation, which minimizes the harmful effects of noise on humans, leaves out unwanted sounds, and reduces the sound spreading around from noisy areas. The growing need for sound and thermal proof premises in various industries is expected to propel the growth of the wall panels segment during the forecast period.
Sandwich Panel Market, by Application – 2020 and 2028
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Kingspan Group, Assan Panel, Isopan, Tata Steel, ArcelorMittal, Attonedil, Italpanneli S.R.L, DANA Group of Companies, Zhongjie Group, and Multicolor Steel India Pvt. Ltd. are among the major players operating in the sandwich panel market. These companies provide a wide range of product portfolios and have a widespread global presence.
Report Spotlights
- Progressive industry trends in the sandwich panel market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the sandwich panel market from 2019 to 2028
- Estimation of global demand for sandwich panels
- Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook, as well as factors driving and restraining the growth of the sandwich panel market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- The size of the sandwich panel market at various nodes
- Detailed overview and segmentation of the market, as well as the sandwich panel industry dynamics
- Size of the sandwich panel market in various regions with promising growth opportunities
Global Sandwich Panel Market
- Material
- Polyurethane
- Polyisocyanurate
- Mineral Wool
- Others
- Application
- Wall Panels
- Roof Panels
- Others
- End Use
- Residential
- Non-Residential
Company Profiles
- Kingspan Group
- Assan Panel
- Isopan
- Tata Steel
- ArcelorMittal
- Attonedil
- Italpanneli S.R.L
- DANA Group of Companies
- Zhongjie Group
- Multicolor Steel India Pvt. Ltd.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Material, Application, and End Use
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The major players operating in the global sandwich panel market are Kingspan Group, Assan Panel, Isopan, Tata Steel, ArcelorMittal, Attonedil, Italpanneli S.R.L, DANA Group of Companies, Zhongjie Group, and Multicolor Steel India Pvt. Ltd.
During the forecast period, Asia-Pacific is anticipated to account for the largest share of the global sandwich panel market. Asia-Pacific region comprises several developed and developing economies, including China, India, Japan, South Korea, among others. The growth of the market in the region can be attributed to the rapid industrialization and building construction activities. The region is witnessing rise in the construction of cold storage, warehouses, shopping malls, industrial and commercial buildings. Furthermore, the region is also known as the largest producer of agricultural products globally, and this factor resulting in a greater number of agricultural premises construction across the region to store agricultural crops. Hence, the above-mentioned factors in the region are fostering the demand for the sandwich panel.
Based on application, the wall panels segment led the global sandwich panel market in 2020. Wall panel provides sound insulation which minimizes the harmful effects of noise on humans, leaves out unwanted sounds, and reduces the sound spreading around from noisy areas. Additionally, growing demand for air and watertight sandwich wall panels to ensure the continuity of temperature insulation at cold storage and warehouses. Thus, the growing need for sound and thermal proof premises at various industries is expected to propel the growth of the wall panels segment of the sandwich panel market in the forecast years. 
Growing cold storage applications of sandwich panels and increasing demand for PVDF-based aluminum composite panels are the key factors driving the sandwich panel market during the forecast period. Moreover, there is increasing use of different advanced and popular materials for the construction of buildings, homes, and offices. Various emerging economies are focusing on creating new buildings and structures. PVDF-coated aluminum composite panel panels are increasingly used to decorate storefronts, shopping malls, industrial facilities, educational institutes, advertisement screens, signage, display systems, hospitals, and curtain wall cladding of buildings. Hence these are the key drivers for the growth of the global sandwich panel market.
Based on end use, the non-residential segment led the global sandwich panel market in 2020. The dominance of the non-residential segment can be attributed to the extensive application of sandwich panels at various end use industries. Moreover, the rapid industrialization in developing economies is expected to boost the demand for sandwich panels as in modern times, industrial buildings are heavily using sandwich panels due to cost-effectiveness and reduced time. Furthermore, increasing warehouses and cold stores across the globe is further bolstering the application of sandwich panels. Consequently, the growing number of sports facilities, cold stores, warehouses, and manufacturing buildings across the globe is accelerating the demand for the sandwich panel.
The growing inclination for sustainable products is the key trend for the sandwich panel market. There is a rising inclination toward sustainable and green products. Buildings constructed with sandwich insulated panels are more energy-efficient than traditional buildings. The sandwich panel also helps lower energy costs. Besides, many sustainable bio-based foam cores and resins are being introduced. Market players are also focusing on offering composite panels made from bio-based materials.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Global Sandwich Panel Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Sandwich Panel Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Cold Storage Applications of Sandwich Panels
5.1.2 Increasing Demand for PVDF-based Aluminum Composite Panels
5.2 Market Restraints
5.2.1 Flammability of Sandwich Panels
5.3 Market Opportunities
5.3.1 Constant Growth in Construction Industry
5.4 Future Trends
5.4.1 Growing Inclination for Sustainable Products
5.5 Impact Analysis of Drivers and Restraints
6. Global Market– Global Analysis
6.1 Global Market Overview
6.2 Sandwich Panel Market –Revenue and Forecast To 2028 (US$ Million)
6.3 Market Positioning – Key Market Players
7. Sandwich Panel Market Analysis – By Material
7.1 Overview
7.2 Sandwich Panel Market, By Material (2020 and 2028)
7.3 Polyurethane
7.3.1 Overview
7.3.2 Polyurethane: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Polyisocyanurate
7.4.1 Overview
7.4.2 Polyisocyanurate: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Mineral Wool
7.5.1 Overview
7.5.2 Mineral Wool: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
8. Sandwich Panel Market Analysis – By Application
8.1 Overview
8.2 Sandwich Panel Market, By Application (2020 and 2028)
8.3 Wall Panels
8.3.1 Overview
8.3.2 Wall Panels: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Roof Panels
8.4.1 Overview
8.4.2 Roof Panels: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
9. Sandwich Panel Market Analysis – By End Use
9.1 Overview
9.2 Sandwich Panel Market, By End Use (2020 and 2028)
9.3 Residential
9.3.1 Overview
9.3.2 Residential: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Non-Residential
9.4.1 Overview
9.4.2 Non-Residential: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
10. Sandwich Panel Market – Geographic Analysis
10.1 Overview
10.2 North America: Sandwich Panel Market
10.2.1 North America: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Sandwich Panel Market, by Material
10.2.3 North America: Sandwich Panel Market, by Application
10.2.4 North America: Sandwich Panel Market, by End Use
10.2.5 North America: Sandwich Panel Market, by Key Country
10.2.5.1 US: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Sandwich Panel Market, by Material
10.2.5.1.2 US: Sandwich Panel Market, by Application
10.2.5.1.3 US: Sandwich Panel Market, by End Use
10.2.5.2 Canada: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Sandwich Panel Market, by Material
10.2.5.2.2 Canada: Sandwich Panel Market, by Application
10.2.5.2.3 Canada: Sandwich Panel Market, by End Use
10.2.5.3 Mexico: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Sandwich Panel Market, by Material
10.2.5.3.2 Mexico: Sandwich Panel Market, by Application
10.2.5.3.3 Mexico: Sandwich Panel Market, by End Use
10.3 Europe: Sandwich Panel Market
10.3.1 Europe: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Sandwich Panel Market, by Material
10.3.3 Europe: Sandwich Panel Market, by Application
10.3.4 Europe: Sandwich Panel Market, by End Use
10.3.5 Europe: Sandwich Panel Market, by Key Country
10.3.5.1 Germany: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Sandwich Panel Market, by Material
10.3.5.1.2 Germany: Sandwich Panel Market, by Application
10.3.5.1.3 Germany: Sandwich Panel Market, by End Use
10.3.5.2 France: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Sandwich Panel Market, by Material
10.3.5.2.2 France: Sandwich Panel Market, by Application
10.3.5.2.3 France: Sandwich Panel Market, by End Use
10.3.5.3 Italy: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Sandwich Panel Market, by Material
10.3.5.3.2 Italy: Sandwich Panel Market, by Application
10.3.5.3.3 Italy: Sandwich Panel Market, by End Use
10.3.5.4 UK: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Sandwich Panel Market, by Material
10.3.5.4.2 UK: Sandwich Panel Market, by Application
10.3.5.4.3 UK: Sandwich Panel Market, by End Use
10.3.5.5 Russia: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Sandwich Panel Market, by Material
10.3.5.5.2 Russia: Sandwich Panel Market, by Application
10.3.5.5.3 Russia: Sandwich Panel Market, by End Use
10.3.5.6 Rest of Europe: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Sandwich Panel Market, by Material
10.3.5.6.2 Rest of Europe: Sandwich Panel Market, by Application
10.3.5.6.3 Rest of Europe: Sandwich Panel Market, by End Use
10.4 Asia-Pacific: Sandwich Panel Market
10.4.1 Asia-Pacific: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia-Pacific: Sandwich Panel Market, by Material
10.4.3 Asia-Pacific: Sandwich Panel Market, by Application
10.4.4 Asia-Pacific: Sandwich Panel Market, by End Use
10.4.5 Asia-Pacific: Sandwich Panel Market, by Key Country
10.4.5.1 Australia: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Sandwich Panel Market, by Material
10.4.5.1.2 Australia: Sandwich Panel Market, by Application
10.4.5.1.3 Australia: Sandwich Panel Market, by End Use
10.4.5.2 China: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Sandwich Panel Market, by Material
10.4.5.2.2 China: Sandwich Panel Market, by Application
10.4.5.2.3 China: Sandwich Panel Market, by End Use
10.4.5.3 India: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Sandwich Panel Market, by Material
10.4.5.3.2 India: Sandwich Panel Market, by Application
10.4.5.3.3 India: Sandwich Panel Market, by End Use
10.4.5.4 Japan: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Sandwich Panel Market, by Material
10.4.5.4.2 Japan: Sandwich Panel Market, by Application
10.4.5.4.3 Japan: Sandwich Panel Market, by End Use
10.4.5.5 South Korea: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Sandwich Panel Market, by Material
10.4.5.5.2 South Korea: Sandwich Panel Market, by Application
10.4.5.5.3 South Korea: Sandwich Panel Market, by End Use
10.4.5.6 Rest of Asia-Pacific: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia-Pacific: Sandwich Panel Market, by Material
10.4.5.6.2 Rest of Asia-Pacific: Sandwich Panel Market, by Application
10.4.5.6.3 Rest of Asia-Pacific: Sandwich Panel Market, by End Use
10.5 Middle East and Africa: Sandwich Panel Market
10.5.1 Middle East and Africa: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East and Africa: Sandwich Panel Market, by Material
10.5.3 Middle East and Africa: Sandwich Panel Market, by Application
10.5.4 Middle East and Africa: Sandwich Panel Market, by End Use
10.5.5 Middle East and Africa: Sandwich Panel Market, by Key Country
10.5.5.1 South Africa: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Sandwich Panel Market, by Material
10.5.5.1.2 South Africa: Sandwich Panel Market, by Application
10.5.5.1.3 South Africa: Sandwich Panel Market, by End Use
10.5.5.2 Saudi Arabia: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia: Sandwich Panel Market, by Material
10.5.5.2.2 Saudi Arabia: Sandwich Panel Market, by Application
10.5.5.2.3 Saudi Arabia: Sandwich Panel Market, by End Use
10.5.5.3 UAE: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 UAE: Sandwich Panel Market, by Material
10.5.5.3.2 UAE: Sandwich Panel Market, by Application
10.5.5.3.3 UAE: Sandwich Panel Market, by End Use
10.5.5.4 Rest of MEA: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of MEA: Sandwich Panel Market, by Material
10.5.5.4.2 Rest of MEA: Sandwich Panel Market, by Application
10.5.5.4.3 Rest of MEA: Sandwich Panel Market, by End Use
10.6 South and Central America: Sandwich Panel Market
10.6.1 South and Central America: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.6.2 South and Central America: Sandwich Panel Market, by Material
10.6.3 South and Central America: Sandwich Panel Market, by Application
10.6.4 South and Central America: Sandwich Panel Market, by End Use
10.6.5 South and Central America: Sandwich Panel Market, by Key Country
10.6.5.1 Brazil: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Sandwich Panel Market, by Material
10.6.5.1.2 Brazil: Sandwich Panel Market, by Application
10.6.5.1.3 Brazil: Sandwich Panel Market, by End Use
10.6.5.2 Argentina: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Sandwich Panel Market, by Material
10.6.5.2.2 Argentina: Sandwich Panel Market, by Application
10.6.5.2.3 Argentina: Sandwich Panel Market, by End Use
10.6.5.3 Rest of South and Central America: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of South and Central America: Sandwich Panel Market, by Material
10.6.5.3.2 Rest of South and Central America: Sandwich Panel Market, by Application
10.6.5.3.3 Rest of South and Central America: Sandwich Panel Market, by End Use
11. Impact of COVID-19 Pandemic on Global Sandwich panel Market
11.1 Overview
11.2 Impact of COVID-19 on Sandwich panel Market
11.3 North America: Impact Assessment of COVID-19 Pandemic
11.4 Europe: Impact Assessment of COVID-19 Pandemic
11.5 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.6 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.7 South and Central America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 Kingspan Group PLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Assan Panel
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 TATA STEEL
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 ISOPAN
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 ArcelorMittal
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Lattonedil
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Italpannelli S.R.L.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Dana Group of Companies
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Zhongjie Group
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Multicolor Steels India Pvt. Ltd.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. North America Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Sandwich Panel Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 3. North America Sandwich Panel Market, by End Use– Revenue and Forecast to 2028 (US$ Million)
Table 4. US Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 5. US Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. US Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 13. Europe Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 14. Europe Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 16. Germany Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 17. Germany Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 18. Germany Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 19. France Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 20. France Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 21. France Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 22. Italy Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 23. Italy Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 24. Italy Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 25. UK Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 26. UK Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 27. UK Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 28. Russia : Sandwich Panel Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 29. Russia : Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 30. Russia : Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 31. Rest of Europe Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 32. Rest of Europe Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 33. Rest of Europe Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 34. Asia-Pacific Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 35. Asia-Pacific Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 36. Asia-Pacific Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 37. Australia Sandwich Panel Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 38. Australia Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 39. Australia Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 40. China Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 41. China Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 42. China Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 43. India Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 44. India Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 45. India Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 46. Japan Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 47. Japan Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 48. Japan Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 49. South Korea Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 50. South Korea Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 51. South Korea Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 52. Rest of Asia-Pacific Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 53. Rest of Asia-Pacific Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of Asia-Pacific Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 55. Middle East and Africa Sandwich Panel Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 56. Middle East and Africa Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 57. Middle East and Africa Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 58. South Africa Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 59. South Africa Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 60. South Africa Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 61. Saudi Arabia Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 62. Saudi Arabia Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 63. Saudi Arabia Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 64. UAE Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 65. UAE Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 66. UAE Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 67. Rest of MEA Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 68. Rest of MEA Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 69. Rest of MEA Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 70. South and Central America Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 71. South and Central America Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 72. South and Central America Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 73. Brazil Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 74. Brazil Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 75. Brazil Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 76. Argentina Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 77. Argentina Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 78. Argentina Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 79. Rest of South and Central America Sandwich Panel Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 80. Rest of South and Central America Sandwich Panel Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 81. Rest of South and Central America Sandwich Panel Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 82. Glossary of Terms, Global Sandwich Panel Market
LIST OF FIGURES
Figure 1. Global Sandwich Panel Market Segmentation
Figure 2. Global Sandwich Panel Market Segmentation – By Geography
Figure 3. Global Sandwich Panel Market Overview
Figure 4. Wall Panels Held Largest Share of Global Sandwich Panel Market
Figure 5. Asia Pacific Region Held Largest Share of Global Sandwich Panel Market
Figure 6. Global Sandwich Panel Market, Industry Landscape
Figure 7. Ecosystem: Sandwich Panel Market
Figure 8. Expert Opinion
Figure 9. Global Sandwich Panel Market Impact Analysis of Drivers and Restraints
Figure 10. Geographic Overview of Global Sandwich Panel Market
Figure 11. Global: Sandwich Panel Market – Revenue and Forecast To 2028 (US$ Million)
Figure 12. Sandwich Panel Market Revenue Share, By Material (2020 and 2028)
Figure 13. Polyurethane: Sandwich Panel Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Polyisocyanurate: Sandwich Panel Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Mineral Wool: Sandwich Panel Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Others: Sandwich Panel Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Sandwich Panel Market Revenue Share, By Application (2020 and 2028)
Figure 18. Wall Panels: Sandwich Panel Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Roof Panels: Sandwich Panel Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Others: Sandwich Panel Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Sandwich Panel Market Revenue Share, By Material (2020 and 2028)
Figure 22. Residential: Sandwich Panel Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Polyisocyanurate: Sandwich Panel Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Global Sandwich Panel Market Revenue Share, by Region (2020 and 2028)
Figure 25. North America: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America: Sandwich Panel Market Revenue Share, by Material (2020 and 2028)
Figure 27. North America: Sandwich Panel Market Revenue Share, by Application (2020 and 2028)
Figure 28. North America: Sandwich Panel Market Revenue Share, by End Use (2020 and 2028)
Figure 29. North America: Sandwich Panel Market Revenue Share, by Key Country (2020 and 2028)
Figure 30. US: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Canada: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Mexico: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 33. Europe: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Europe: Sandwich Panel Market Revenue Share, by Material (2020 and 2028)
Figure 35. Europe: Sandwich Panel Market Revenue Share, by Application (2020 and 2028)
Figure 36. Europe: Sandwich Panel Market Revenue Share, by End Use (2020 and 2028)
Figure 37. Europe: Sandwich Panel Market Revenue Share, by Key Country (2020 and 2028)
Figure 38. Germany: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 39. France: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 40. Italy: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 41. UK: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 42. Russia: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 43. Rest of Europe: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 44. Asia-Pacific: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Asia-Pacific: Sandwich Panel Market Revenue Share, by Material (2020 and 2028)
Figure 46. Asia-Pacific: Sandwich Panel Market Revenue Share, by Application (2020 and 2028)
Figure 47. Asia-Pacific: Sandwich Panel Market Revenue Share, by End Use (2020 and 2028)
Figure 48. Asia-Pacific: Sandwich Panel Market Revenue Share, by Key Country (2020 and 2028)
Figure 49. Australia: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 50. China: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 51. India: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 52. Japan: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 53. South Korea: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 54. Rest of Asia-Pacific: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 55. Middle East and Africa: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. Middle East and Africa: Sandwich Panel Market Revenue Share, by Material (2020 and 2028)
Figure 57. Middle East and Africa: Sandwich Panel Market Revenue Share, by Application (2020 and 2028)
Figure 58. Middle East and Africa: Sandwich Panel Market Revenue Share, by End Use (2020 and 2028)
Figure 59. Middle East and Africa: Sandwich Panel Market Revenue Share, by Key Country (2020 and 2028)
Figure 60. South Africa: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 61. Saudi Arabia: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 62. UAE: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 63. Rest of MEA: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 64. South and Central America: Sandwich Panel Market – Revenue and Forecast to 2028 (US$ Million)
Figure 65. South and Central America: Sandwich Panel Market Revenue Share, by Material (2020 and 2028)
Figure 66. South and Central America: Sandwich Panel Market Revenue Share, by Application (2020 and 2028)
Figure 67. South and Central America: Sandwich Panel Market Revenue Share, by End Use (2020 and 2028)
Figure 68. South and Central America: Sandwich Panel Market Revenue Share, by Key Country (2020 and 2028)
Figure 69. Brazil: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 70. Argentina: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 71. Rest of South and Central America: Sandwich Panel Market –Revenue and Forecast to 2028 (US$ Million)
Figure 72. Impact of COVID-19 Pandemic in North America
Figure 73. Impact of COVID-19 Pandemic in Europe
Figure 74. Impact of COVID-19 Pandemic in the Asia Pacific
Figure 75. Impact of COVID-19 Pandemic in Middle East & Africa
Figure 76. Impact of COVID-19 Pandemic in South and Central America
The List of Companies - Sandwich Panel Market
- Kingspan Group
- Assan Panel
- Isopan
- Tata Steel
- Arcelormittal
- Lattonedil
- Italpannelli S.R.L.
- Dana Group of Companies
- Zhongjie Group
- Multicolor Steels India Pvt Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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