Steel Sandwich Panels Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players Kingspan, Metecno, Assan Panel, Isopan, Tata Steel

The global Steel Sandwich Panels market size was valued at USD 8724.24 Million in 2021 and is expected to expand at a CAGR of 2.61% during the forecast period, reaching USD 10185.26 Million by 2027.

Steel Sandwich Panels Market Overview

Steel Sandwich Panels are structures or construction materials manufactured with the help of joining the layers of covering metals with insulating materials and binding agents. It is made of three layers; a low-density core and a thin skin layer bonded to each side. It has the ability to protect the interior against sound, extreme weather conditions, and sudden breakout of fires. Constructions using Steel Sandwich Panels are regarded as effective amenities. Steel Sandwich Panels Market make it possible to control temperature and maintain proper insulation. Additionally, the utilisation of this steel sandwich contributes to the remarkable aesthetics of the structure. In several regions, energy efficiency is heavily emphasised. Steel Sandwich Panels are remarkable and economical. More growth potential will result from increasing investment in energy-efficient buildings.  

These panels are used in a number of applications because of their high durability, structural integrity, and strong insulation properties. These are panels that are very easy to install, cost-effective, and require no maintenance, which makes them an ideal choice over traditional panels, particularly in certain applications such as cold storage warehouses and rural area construction. In addition to this, residential, commercial, industrial sectors, and cold storage facilities, as well as warehouses, are the main end-users of sandwich panels. The growing construction activities are expected to drive the growth of this market. With this concept, the environment and the construction industry both are likely to benefit tremendously. The conventional methods of insulation are often costly and ineffective in construction.

Industry News

• In 2018, Tata Steel announced to build a new factory to enable its subsidiary SAB- profile in Geldermalsen, the Netherlands, which replaced their previous manufacturing facility in Nieuwegein. The new factory was planned to meet the increased demand for steel roofs and wall sandwich panels.


• In 2020, Italpannelli launched its new product Italdoor EI. Italdoor EI is a sandwich panel for residential garage doors made of steel. 

Steel Sandwich Panels Market: Drivers and Challenges

The growth of the steel sandwich panels market is predominantly driven by the expansion of infrastructural projects in developing economies. Housing recovery and new constructions are estimated to contribute significantly to commercial and residential construction sectors. Also, the need for easy and rapid construction solutions is slated to augment the growth of the steel sandwich panels market over the forecast period. With consumer inclination towards better integrated building solutions with lower carbon emission and reduced lifetime costs, sandwich panels are estimated to witness widespread adoption in the coming years. Further, the market is expected to witness potential demand in rural areas, owing to the cost effectiveness and durable qualities of steel sandwich panels.

Government efforts towards rural development are also expected to contribute towards the growth of the steel sandwich panels market. Steel Sandwich Panels Market offer quite a level of thermal and water insulation. Thus, increasing awareness regarding energy efficient infrastructure and establishment of energy conservation rules by regulatory bodies, coupled with the enhanced thermal performance of these panels via innovation, could create notable opportunities for market players in the global steel sandwich panels market over the projected period.

What are the major Types and Applications for Steel Sandwich Panels Market?

Steel Sandwich Panels Market by Type:

• PUR/PIR Sandwich Panels


• EPS Sandwich Panels


• Mineral Wool Sandwich Panels


• Other Sandwich Panels

Steel Sandwich Panels Market by Application:

• Residential Building


• Industrial Building


• Agricultural Building


• Cold Storage

Steel Sandwich Panels Market Regional Analysis

On the basis of Geography, the Global Steel Sandwich Panels Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific is expected to hold the largest market share in the forecast period owing to the rapid industrial growth.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Steel Sandwich Panels Market Report Scope?

Key Benefits of Purchasing Steel Sandwich Panels Market Reports from Industry Data Analytics:

•Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

• Provision of market value (USD Billion) data for each segment and sub-segment

• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis

• Market dynamics scenario, along with growth opportunities of the market in the years to come

FAQ -

What is the study period of this market?

The Steel Sandwich Panels Market is studied from 2017 - 2027.

 What is the growth rate of Steel Sandwich Panels Market?

The Steel Sandwich Panels Market is growing at a CAGR of 2.61% over the next 6 years.

What regions does this Steel Sandwich Panels Market report covers?

North America (the United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.