Sandwich Panels Market Size and Share

Sandwich Panels Market (2025 - 2030)
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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%.

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.

Sandwich Panels Market: Market Share by Core Material
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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.

Sandwich Panels Market: Market Share by End-use Sector
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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.

Sandwich Panels Market CAGR (%), Growth Rate by Region
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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

  1. ArcelorMittal

  2. Cornerstone Building Brands, Inc.

  3. Isopan

  4. Kingspan Group

  5. Metecno Group

  6. *Disclaimer: Major Players sorted in no particular order
Sandwich Panels Market - Market Concentration
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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.

Table of Contents for Sandwich Panels Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing cold-storage applications of structural insulated panels
    • 4.2.2 Increasing demand for PVDF-based aluminium composite panels
    • 4.2.3 Rapid growth of prefabricated and modular construction
    • 4.2.4 Energy-efficiency regulations for building envelopes
    • 4.2.5 Data-centre boom requiring high-performance envelopes
  • 4.3 Market Restraints
    • 4.3.1 Fire-performance limitations of certain panel types
    • 4.3.2 Oriented-strand-board VOC emissions
    • 4.3.3 Moisture ingress and long-term degradation in PUR/PIR cores
  • 4.4 Value Chain Analysis
  • 4.5 Porter's Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitute Products and Services
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Core Material
    • 5.1.1 Polyurethane (PUR)
    • 5.1.2 Polyisocyanurate (PIR)
    • 5.1.3 Mineral Wool
    • 5.1.4 Expanded Polystyrene (EPS)
    • 5.1.5 Other Core Materials
  • 5.2 By Skin Material
    • 5.2.1 Continuous Fiber Reinforced Thermoplastics (CFRT)
    • 5.2.2 Fiberglass Reinforced Panel (FRP)
    • 5.2.3 Aluminum
    • 5.2.4 Steel
    • 5.2.5 Other Skin Materials
  • 5.3 By Technology
    • 5.3.1 Continuous
    • 5.3.2 Discontinuous
  • 5.4 By Application
    • 5.4.1 Wall Panels
    • 5.4.2 Roof Panels
    • 5.4.3 Insulated Panels
    • 5.4.4 Other Applications
  • 5.5 By End-use Sector
    • 5.5.1 Residential
    • 5.5.2 Commercial
    • 5.5.3 Industrial
    • 5.5.4 Institutional and Infrastructure
  • 5.6 By Geography
    • 5.6.1 Asia-Pacific
    • 5.6.1.1 China
    • 5.6.1.2 India
    • 5.6.1.3 Japan
    • 5.6.1.4 South Korea
    • 5.6.1.5 Rest of Asia-Pacific
    • 5.6.2 North America
    • 5.6.2.1 United States
    • 5.6.2.2 Canada
    • 5.6.2.3 Mexico
    • 5.6.3 Europe
    • 5.6.3.1 Germany
    • 5.6.3.2 United Kingdom
    • 5.6.3.3 Italy
    • 5.6.3.4 France
    • 5.6.3.5 Spain
    • 5.6.3.6 Poland
    • 5.6.3.7 NORDIC Countries
    • 5.6.3.8 Hungary
    • 5.6.3.9 Rest of Europe
    • 5.6.4 South America
    • 5.6.4.1 Brazil
    • 5.6.4.2 Argentina
    • 5.6.4.3 Rest of South America
    • 5.6.5 Middle-East and Africa
    • 5.6.5.1 Saudi Arabia
    • 5.6.5.2 South Africa
    • 5.6.5.3 Rest of Middle-East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share (%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Alubel
    • 6.4.2 ArcelorMittal
    • 6.4.3 Areco
    • 6.4.4 Assan Panel A.S.
    • 6.4.5 Building Component Solutions LLC
    • 6.4.6 Cornerstone Building Brands, Inc.
    • 6.4.7 DANA Group of Companies
    • 6.4.8 EPACK Prefab
    • 6.4.9 Isopan
    • 6.4.10 Jiangsu Jingxue Energy Saving Technology Co., Ltd.
    • 6.4.11 Kingspan Group
    • 6.4.12 Lattonedil
    • 6.4.13 Marcegaglia Steel S.p.A.
    • 6.4.14 Metecno Group
    • 6.4.15 NAV SYSTEM
    • 6.4.16 Rautaruukki Corporation
    • 6.4.17 Romakowski GmbH and Co. KG
    • 6.4.18 Sintex
    • 6.4.19 Structural Panels
    • 6.4.20 Tata Steel
    • 6.4.21 Teknopanel
    • 6.4.22 Tonmat Group

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
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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).

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
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
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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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