Sandwich Panels Market Size and Share
Sandwich Panels Market Analysis by Mordor Intelligence
The Sandwich Panels Market size is estimated at USD 14.95 billion in 2025, and is expected to reach USD 19.11 billion by 2030, at a CAGR of 5.04% during the forecast period (2025-2030). Sustained demand for high-performance building envelopes in data centers, cold-storage hubs, and modular prefabrication lines anchors this expansion. Industrial developers favor factory-produced panels that combine structural integrity, thermal efficiency, and rapid installation, while public policy is moving building codes toward higher R-values and lower embodied carbon. Manufacturers are therefore scaling continuous production, experimenting with recyclable core chemistries, and integrating digital design tools that shorten project cycles. Consolidation remains moderate: leading multinationals deepen vertical integration, yet a long tail of regional specialists continues to supply localized configurations, keeping pricing discipline tight. The sandwich panels market benefits additionally from power-hungry digital infrastructure; hyperscale operators prefer robust, airtight envelopes that expedite commissioning and reduce mechanical loads.
Key Report Takeaways
- By core material, polyurethane (PUR) led with 42.06% revenue share in 2024, and also posted the fastest CAGR at 5.41% through 2030.
- By skin material, aluminum maintained 45.89% of the sandwich panels market share in 2024, whereas continuous fiber reinforced thermoplastics (CFRT) recorded the highest projected CAGR at 5.46% to 2030.
- By technology, continuous manufacturing accounted for 75.50% of the sandwich panels market size in 2024 and is advancing at a 5.18% CAGR to 2030.
- By application, wall panels represented a 44.39% share in 2024, while insulated panels are projected to expand at a 5.70% CAGR to 2030.
- By end-use sector, industrial buildings held 46.85% of the sandwich panels market size in 2024, and this category is growing at a 5.32% CAGR through 2030.
- By geography, Asia-Pacific held 50.37% of the market in the year 2024, and is growing at a CAGR of 5.90%.
Global Sandwich Panels Market Trends and Insights
Driver Impact Analysis
| Drivers | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Cold-storage demand for structural insulated panels | +1.2% | Asia-Pacific, North America | Medium term (2-4 years) |
| PVDF-coated aluminum composite popularity | +0.8% | Asia-Pacific manufacturing hubs | Short term (≤ 2 years) |
| Rise of prefabricated and modular builds | +1.5% | Asia-Pacific core; Europe, North America spill-over | Long term (≥ 4 years) |
| Building-envelope energy-efficiency mandates | +1.1% | Europe, North America; emerging Asia-Pacific adoption | Medium term (2-4 years) |
| Hyperscale data-center construction | +0.9% | Global clusters | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Growing Cold-Storage Applications of Structural Insulated Panels
Polyurethane panels, rated R-7 to R-8 and operational from –45 °C to +80 °C, outperform EPS and fiberglass and thus dominate new cold-room specifications. Developers increasingly replace aging 37-year-old warehouses rather than retrofit, preferring factory-finished, hygienic panels that answer HACCP cleaning protocols. Speculative cold-store starts reached 2.5 million ft² in 2024, signaling long-range confidence among institutional investors. Energy-intensive freezers also trigger utility rebates for better-insulated envelopes, further lifting orders for high-R sandwich assemblies.
Increasing Demand for PVDF-Based Aluminum Composite Panels
Architects and façade engineers value the 15-year-plus service life of PVDF-coated aluminum skins, while nano-PVDF formulations add self-cleaning properties that reduce OPEX in high-profile curtain walls. AAMA 2605-05 test compliance underlines scratch hardness, boiling-water adhesion, and color-fastness (ΔE < 1.3) performance metrics. The lightweight, design-flexible profile—paired with fire-retardant cores—simplifies façade anchoring, accelerates installation, and supports digitally printed graphics for brand-centric cladding projects.
Rapid Growth of Prefabricated and Modular Construction
Factory-assembled volumetric units shorten schedules by 30-50% and deliver up to 20% cost savings relative to stick-built processes. Modular components also cut site waste by 50%, aligning with ESG scorecards[1]Talent Traction, “2025 Outlook: The Rise of Modular Construction,” talenttraction.org. Asia-Pacific leads adoption, with China, Japan, and India laying policy foundations for mass-manufactured housing. The U.K. requires off-site prioritization for publicly funded projects and targets 30,000 modular dwellings annually by 2030. Sandwich panels fit seamlessly into these workflows: continuous manufacturing yields dimensionally consistent shells that are crane-set into volumetric frames, preserving factory tolerances and minimizing on-site labor. Cargo insurers have responded with specialized cover for high-value modules, single units sometimes exceeding USD 400 million under voyage policies.
Energy-Efficiency Regulations for Building Envelopes
The EU Energy Performance of Buildings Directive mandates zero-emission public assets by 2028 and all new structures by 2030, elevating demand for ultra-low-U-value panels[2]European Parliament, Directive (EU) 2024/1275, eur-lex.europa.eu. Revised U.S. IECC editions increase continuous-insulation targets, while ASHRAE 90.1 drives out thermal bridging in commercial façades. U.K. Part L rules require 75-80% carbon cuts from 2025, spurring interest in foil-faced multifoil layers that integrate vapour control. From 2028, whole-life-cycle carbon accounting will become mandatory in Europe for buildings larger than 1,000 m², favoring lighter, recyclable thermoplastic skins over heavier, high-carbon concrete façades. Renovation passports, now embedded in financial-incentive schemes, reward staged deep-retrofit packages built around offsite-fabricated sandwich elements.
Restraint Impact Analysis
| Restraints | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Fire-performance limitations of combustible cores | –0.7% | Global; stringently policed in Europe | Medium term (2-4 years) |
| VOC emissions from oriented-strand board facings | –0.4% | North America, Europe | Short term (≤ 2 years) |
| Moisture-driven degradation in PUR/PIR cores | –0.5% | Humid climates worldwide | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Fire-Performance Limitations of Certain Panel Types
Organic foam cores such as PUR, PIR, EPS, and XPS can degrade rapidly above 250 °C, shedding mass and releasing toxic effluent that accelerates flashover conditions. European insurers often decline or surcharge facilities finished with combustible cores, especially in food-processing plants. Mineral-wool alternatives withstand higher temperatures but add weight and cost. Innovations such as intumescent inter-layers, fire stops at joints, and mineral-fiber fire barriers are being mainstreamed, yet full-scale burn tests remain the gold standard for regulatory acceptance. Countries such as Germany apply some of the strictest façade combustibility rules, constraining project-team material choices.
Oriented-Strand-Board VOC Emissions
Although structural OSB benefits from Voluntary Product Standard exemptions, formaldehyde limits under U.S. TSCA Title VI run as low as 0.05 ppm for finished hardwood plywood. Producers shifting to phenol-formaldehyde or methylene-diphenyl di-isocyanate (MDI) resin chemistries achieve ultra-low emissions, qualifying for two-year reduced testing under No-Added-Formaldehyde pathways. European EN 13986 E1 class imposes 0.10 ppm, and Germany’s DIN EN 16516 tightens chamber-test parameters further. Moisture uptake in OSB during site exposure can raise air permeability by 11.6% and depress modulus of elasticity by 40.7%, compromising airtightness in energy-class envelopes. Consequently, project teams often over-specify vapor control layers or migrate toward all-metal skins in humid locales.
Segment Analysis
By Core Material: PUR Dominance Drives Cold-Storage Expansion
PUR panels contributed 42.06% to the sandwich panels market share in 2024 and are forecast to lead with a 5.41% CAGR, buoyed by R-7 to R-8 performance that outclasses polyisocyanurate, EPS, and fiberglass in freezer construction. The sandwich panels market size tied to PUR cores should widen as cold-storage developers retro-commission older stock and adopt continuous-manufactured modules that arrive with concealed-fastener joints and food-safe finishes.
Emerging supply bottlenecks in MDI feedstock have prompted producers to finetune catalyst packages, trimming cycle times without sacrificing closed-cell content. Environmental scrutiny, however, is nudging manufacturers to explore bio-sourced polyols and blowing agents with lower global-warming potential.
Note: Segment shares of all individual segments available upon report purchase
By Skin Material: Aluminum Leadership Challenged by CFRT Innovation
Aluminum captured 45.89% of the sandwich panels market share in 2024, underpinned by widespread extrusion capacity, corrosion resistance, and anodizing versatility. PVDF-coated coils boast 15-year color warranties, and nano-PVDF upgrades prolong façade cleanliness, minimizing service downtime. Continuous fiber reinforced thermoplastics, projected at 5.46% CAGR, are finding traction in data-center cladding where lightweight panels mitigate seismic loads, and carbon-fiber tapes allow double-digit span reductions without stiffener back-plates.
CFRT skins can be thermo-formed into complex radii, eliminating kerf-cutting and post-bonding labor. They also enable closed-loop recycling because both matrix and reinforcement remain thermoplastic. By contrast, steel skins dominate when point-load resistance trumps weight, especially in refrigerated logistics parks that specify heavy-duty racking ties. Fiberglass reinforced panels win in corrosive atmospheres such as aquaculture, where salt spray degrades metal fast.
By Technology: Continuous Manufacturing Achieves Quality Leadership
Continuous lines generated 75.50% of 2024 revenue and are on a 5.18% CAGR path. Double-belt laminators maintain constant pressure and temperature, guaranteeing uniform density and bond-line integrity across long runs.
Discontinuous presses, whether shuttle or multi-daylight, retain a niche in short-run, high-thickness orders. Book-opening configurations allow complex inserts such as cable conduits, while hydraulic platen presses handle exotic facings like stone veneers. Hybrid plants that marry continuous cores with off-line CNC edge profiling are emerging to accommodate design-build teams seeking both scale and customization.
By Application: Wall Panels Lead While Insulated Panels Drive Growth
Wall panels accounted for 44.39% of 2024 demand, serving as the default envelope for warehouses and mid-rise offices. Designers favor hidden-clip systems that streamline rainscreen integration and preserve aesthetic lines. Insulated panels, expanding at 5.70% CAGR, benefit from legislative pushes toward zero-energy operations; whole-life-carbon targets in Europe have sparked interest in slim, high-R products that maintain floor-area ratios.
Roof panels featuring trapezoidal steel outer sheets lead big-box retail builds, offering 30-year service life and walkable surfaces. Specialty clean-room panels integrate antimicrobial treatments and gasketed joints certified for ISO 14644 Class 5 conditions. Acoustic versions, lined with perforated inner skins and mineral-fiber cores, attenuate up to 35 dB, serving transit-terminal and auditorium retrofits.
By End-Use Sector: Industrial Leadership Supports Infrastructure Growth
Industrial facilities generated 46.85% of revenue in 2024 and are growing at a 5.32% CAGR as logistics investors chase e-commerce fulfilment space and semiconductor fabs localize supply chains. Within the sandwich panels market, insulated distribution centers upgrade to 0.22 W/m²K panels to meet energy-benchmarking ordinances. Data-center shells slot into the same category: hyperscale players commit to concrete-core walls but use composite roofing and CFRT façades to accelerate dry-in dates.
Commercial office and retail landlords adopt sandwich assemblies to meet fit-out turnarounds demanded by tenants; lightweight panels allow vertical extensions on legacy podiums without overloading foundations. Residential uptake remains modest but rising: factory-built volumetric units for student housing and senior living adopt 100 mm PIR boards as structural skins, halving erection time. Institutional builds, hospitals, schools, and government labs, specify mineral-wool cores for non-combustibility and airtightness critical to infection control.
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
Asia-Pacific dominated with a 50.37% share in 2024 and posts the fastest 5.90% CAGR through 2030. India’s data-center pipeline, Singapore’s green-energy logistics, and Malaysia’s semiconductor fabs all mandate thermally efficient, rapidly deployable envelopes. China’s growth moderates yet remains structurally sizable; Beijing’s shift to renovation programs favors thin, over-clad insulation retrofits that suit lightweight sandwich skins.
North America benefits from the Infrastructure Investment and Jobs Act. Cold-chain expansion in the Sunbelt and Mid-Atlantic integrates 200 mm PUR panels that satisfy Title 24 and IGCC code pathways. Canada’s carbon-pricing framework steers public projects toward mineral-wool cores with EPD documentation. Mexico’s maquiladora corridor is adding insulated roofing to comply with USMCA energy stipulations, a shift that spurs local panel lamination capacity.
Europe is rebounding from a low base; EU-wide construction. Still, the Energy Performance Directive’s zero-emission targets drive retrofit vouchers, funneling budget toward thin-profile, high-lambda façades. Middle East megaprojects, Datacenter campuses in KSA, free-zone warehouses in UAE, demand low-combustible cladding systems rated for 50 °C ambient. Latin America remains patchy: Brazilian logistics clusters adopt PIR panels, but political flux dampens larger public procurements.
Competitive Landscape
The global sandwich panels market features moderate fragmentation. Strategic moves center on capacity expansion, low-carbon materials, and digital configuration engines. Technology innovators spin out CFRT tapes, aerogel-enhanced cores, and vacuum panels with lambda as low as 0.004 W/mK. Regional challengers such as Assan Panel in Türkiye leverage tariff advantages to penetrate EU refurbishment programs. Entry barriers hinge on certification complexity: ISO 9001 quality systems, EN 13501 fire classifications, and environmental declarations lengthen launch timelines for newcomers.
Sandwich Panels Industry Leaders
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ArcelorMittal
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Cornerstone Building Brands, Inc.
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Isopan
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Kingspan Group
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Metecno Group
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- June 2025: EPACK Prefab inaugurated an 800,000 m²-per-year sandwich panel plant in Mambattu, India, to meet rising demand for prefabricated cold-chain and industrial facilities.
- October 2024: ArcelorMittal and Kingspan | Invespanel released a high-recycled-content sandwich panel range using XCarb steel with at least 75% scrap input and 100% renewable electricity, achieving 60% carbon-emission reduction.
Global Sandwich Panels Market Report Scope
A sandwich panel consists of a core/insulating material of low density sandwiched between two layers of metal bonded under pressure. The sandwich panels market is segmented by core material, skin material, application, end-use sector, and geography. By core material, the market is segmented into polyurethane, polyisocyanurate, mineral wool, expanded polystyrene, and other core materials. The market is segmented by skin material: continuous fiber-reinforced thermoplastics, fiberglass-reinforced panels, aluminum, steel, and other skin materials. By application, the market is segmented into wall panels, roof panels, insulated panels, and other applications. The end-use sector segments the market into residential, commercial, industrial, institutional, and infrastructure. The report also covers the market size and forecasts for the structural insulated panels market in 17 countries across major regions. For each segment, the market sizing and forecasts have been done based on value (USD million).
| Polyurethane (PUR) |
| Polyisocyanurate (PIR) |
| Mineral Wool |
| Expanded Polystyrene (EPS) |
| Other Core Materials |
| Continuous Fiber Reinforced Thermoplastics (CFRT) |
| Fiberglass Reinforced Panel (FRP) |
| Aluminum |
| Steel |
| Other Skin Materials |
| Continuous |
| Discontinuous |
| Wall Panels |
| Roof Panels |
| Insulated Panels |
| Other Applications |
| Residential |
| Commercial |
| Industrial |
| Institutional and Infrastructure |
| Asia-Pacific | China |
| India | |
| Japan | |
| South Korea | |
| Rest of Asia-Pacific | |
| North America | United States |
| Canada | |
| Mexico | |
| Europe | Germany |
| United Kingdom | |
| Italy | |
| France | |
| Spain | |
| Poland | |
| NORDIC Countries | |
| Hungary | |
| Rest of Europe | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Middle-East and Africa | Saudi Arabia |
| South Africa | |
| Rest of Middle-East and Africa |
| By Core Material | Polyurethane (PUR) | |
| Polyisocyanurate (PIR) | ||
| Mineral Wool | ||
| Expanded Polystyrene (EPS) | ||
| Other Core Materials | ||
| By Skin Material | Continuous Fiber Reinforced Thermoplastics (CFRT) | |
| Fiberglass Reinforced Panel (FRP) | ||
| Aluminum | ||
| Steel | ||
| Other Skin Materials | ||
| By Technology | Continuous | |
| Discontinuous | ||
| By Application | Wall Panels | |
| Roof Panels | ||
| Insulated Panels | ||
| Other Applications | ||
| By End-use Sector | Residential | |
| Commercial | ||
| Industrial | ||
| Institutional and Infrastructure | ||
| By Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| North America | United States | |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| Italy | ||
| France | ||
| Spain | ||
| Poland | ||
| NORDIC Countries | ||
| Hungary | ||
| Rest of Europe | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Middle-East and Africa | Saudi Arabia | |
| South Africa | ||
| Rest of Middle-East and Africa | ||
Key Questions Answered in the Report
What is the 2025 value of the sandwich panels market?
The sandwich panels market size is USD 14.95 billion in 2025.
How fast is global demand expected to grow?
Revenue is projected to advance at a 5.04% CAGR from 2025 to 2030.
Which core material currently holds the largest share?
Polyurethane cores lead with 42.06% share of 2024 revenue.
Why are data-center projects adopting sandwich panels?
Panels offer rapid installation, high R-values, and fire-resistant skins favored for hyperscale commissioning timelines.
Which region shows the fastest growth outlook?
Asia-Pacific leads both share at 50.37% and CAGR at 5.90% through 2030.
How concentrated is supplier power?
The top five manufacturers control roughly 35-40% of worldwide revenue, indicating moderate concentration.
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