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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Europe Sandwich Panels Market Outlook
The Europe sandwich panels market stood at a value of USD 3,643.3 million in 2023. The market is further expected to grow at a CAGR of 5.2% in the forecast period of 2024-2032 to attain a value of USD 4,943.6 million by 2032.
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Increased Demand in the Industrial Sector to Propel the Market for Sandwich Panels in Europe
Based on end use, the industrial segment is predicted to hold a significant market share in the sandwich panels industry. This can be attributed to the increased utilisation of sandwich panels in the development of industrial infrastructure, owing to its lightweight, sturdy, and durable nature. In addition, sandwich panels are increasingly used in the development of cold storage facilities that are essential in the storage of products, including fresh agriculture produce, seafoods, frozen foods, and pharmaceutical products. These factors are estimated to support the market growth in the forecast period.
Regionally, the sandwich panels industry is projected to be supported by the rising residential infrastructure development activities across Europe. This can be associated with the rapidly increasing population in the region, along with the rising industrialisation and urbanisation. Moreover, the inflating disposable incomes are leading to increased infrastructure renovation and remodelling activities, which is expected to support the market growth in the forecast period. Furthermore, the increased usage of sandwich panels for transportation infrastructure, such as 3-D FRP sandwich panels, owing to their lightweight disposition is expected to aid the market further.
Sandwich Panels: Market Segmentation
Sandwich panels refer to construction materials used to clad the walls and roofs of buildings. Each panel consists of a core thermo insulating material covered by two thin metal cover sheets, which are shear-resistant and are bonded to one another. These are increasingly applied in infrastructure development activities to provide benefits, such as fire resistance and temperature control, among others.
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The types of sandwich panel reported are:
- PUR/PIR
- Mineral Wool
- Expanded Polystyrene (EPS)
- Others
On the basis of skin material, the market can be segmented into:
- Continuous Fibre Reinforced Thermoplastics (CFRT)
- Fibreglass Reinforced Panel (FRP)
- Aluminium
- Steel
- Others
Based on technology, the market can be segregated into:
- Continuous
- Discontinuous
The application of sandwich panel includes:
- Wall Panels
- Roof Panels
- Others
Based on end use, the market covers the following:
- Residential
- Commercial
- Industrial
- Institutional and Others
The European countries for the product include United Kingdom, Germany, France, Italy, Serbia, Bulgaria and others.
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Increased Development of Eco-Friendly Sandwich Panels to Augment the Market Growth in Europe
The sandwich panels industry is anticipated to be aided by the growing investments by the leading market players in the research and development of sustainable and eco-friendly sandwich panel solutions. The growing focus of the government on reducing carbon emissions is leading to the increased adoption of environment friendly solutions across industries. In addition, the increased demand for sandwich panels in residential construction, fuelled by the stringent quality and safety regulations enforced by the government, is anticipated to further bolster the market growth. This can be attributed to the benefits offered by sandwich panels, including mechanical resistance and stability, fire safety, acoustic insulation, energy efficiency, and thermal insulation.
Key Industry Players in the Europe Sandwich Panels Market
The report gives a detailed analysis of the following key players in the Europe sandwich panels market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Adamietz Sp. z o. o .
- Rautaruukki Corporation
- ArcelorMittal Construction
- Assan Panel A.S.
- PaNELTECH Sp. z o.o.
- Kingspan Group Plc
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Skin Material |
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| Breakup by Technology |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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. |
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Europe Sandwich Panels Market Report Snapshots
Europe Sandwich Panels Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the Europe sandwich panels market attained a value of USD 3,643.3 million.
The market is projected to grow at a CAGR of 5.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 4,943.6 million by 2032.
The major drivers of the market, such as the increased demand for thermal insulation in residential infrastructure, rising investments in infrastructure development activities, increased demand for efficient construction materials, and rising disposable incomes, are expected to aid the market growth.
The key market trends guiding the growth of the market include the rising investments by the market players in the development of eco-friendly sandwich panels.
The major European countries in the market are United Kingdom, Germany, France, Italy, Serbia, Bulgaria and others.
The significant types include PUR/PIR, mineral wool, expanded polystyrene (EPS), and others.
Based on skin material, the market covers continuous fibre reinforced thermoplastics (CFRT), fibreglass reinforced panel (FRP), aluminium, steel, and others.
The major market segments, based on technology include continuous and discontinuous.
The major applications include wall panels, roof panels, and others.
The significant end uses of the product include residential, commercial, industrial, and institutional and others.
The major players in the market are Adamietz Sp. z o. o ., Rautaruukki Corporation, ArcelorMittal Construction, Assan Panel A.S., PaNELTECH Sp. z o.o., and Kingspan Group Plc, among others.
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