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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.
Europe Sandwich Panels Market Size
Europe Sandwich Panels Market Growth
Europe Sandwich Panels Companies
*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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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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