Latin America Sandwich Panels Market Size & Outlook
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- Sandwich Panels Market Outlook
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Latin America sandwich panels market highlights
- The Latin America sandwich panels market generated a revenue of USD 854.0 million in 2022.
- The market is expected to grow at a CAGR of 5.9% from 2023 to 2030.
- In terms of segment, polystyrene panels was the largest revenue generating product in 2022.
- Polyurethane Panels is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 854.0 million |
| Market revenue in 2030 | USD 1,353.4 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Polystyrene panels |
| Fastest growing segment | Polyurethane Panels |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polystyrene Panels, Polyurethane Panels, Glass Wool Panels |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.0% of the global sandwich panels market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,982.4 million by 2030.
Sandwich panels market in Central & South America is projected to witness average growth from 2023 to 2030. Various large-scale construction projects in the region have been utilizing sandwich panels for the protection of buildings, thereby leading to the growth of the market for these panels in Central & South America during the forecast period.
Moreover, emerging economies, such as Argentina, Brazil, and Peru, in the region are witnessing population growth, coupled with rapid urbanization. These factors are triggering the construction of residential and commercial units in Central & South America, thereby fueling the demand for sandwich panels in the region.
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Publish Date: Dec 17, 2024
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Sandwich Panels Market Scope
Sandwich Panels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kingspan Group PLC | View profile | 22,384 | Dublin Road, Kingscourt, County Cavan, Ireland, A82 XY31 | www.kingspan.com |
| Owens Corning | View profile | 10001+ | Toledo, Ohio, United States, North America | www.owenscorning.com/ |
| Dana Group | View profile | 1001-5000 | Lagos, Lagos, Nigeria, Africa | www.danagroup.com |
| Metl-Span | View profile | 251-500 | Lewisville, Texas, United States, North America | www.metlspan.com/ |
| Isopan | View profile | 11-50 | León, Guanajuato, Mexico, North America | isocindu.mx/ |
| PFB Corporation | View profile | 251-500 | Calgary, Alberta, Canada, North America | pfbcorp.com/ |
| Metecno | View profile | 501-1000 | Quilicura, Region Metropolitana, Chile, South America | metecno.com |
| Green Span Profiles | View profile | 11-50 | Waller, Texas, United States, North America | greenspanprofiles.com |
| American Insulated Panel | View profile | 11-50 | Taunton, Massachusetts, United States, North America | www.americaninsulatedpanel.com |
| KPS Global | View profile | 501-1000 | Fort Worth, Texas, United States, North America | kpsglobal.com |
Latin America Sandwich Panels Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Sandwich Panels Market Outlook will help companies and investors design strategic landscapes.
Polystyrene Panels was the largest segment with a revenue share of 72.38% in 2022.
Horizon Databook has segmented the Latin America sandwich panels market based on polystyrene panels, polyurethane panels, glass wool panels covering the revenue growth of each sub-segment from 2018 to 2030.
Sandwich panels market in Central & South America is projected to witness average growth from 2023 to 2030. Various large-scale construction projects in the region have been utilizing sandwich panels for the protection of buildings, thereby leading to the growth of the market for these panels in Central & South America during the forecast period.
Moreover, emerging economies, such as Argentina, Brazil, and Peru, in the region are witnessing population growth, coupled with rapid urbanization. These factors are triggering the construction of residential and commercial units in Central & South America, thereby fueling the demand for sandwich panels in the region.
- Latin America Sandwich Panels Market Product Outlook (Revenue, USD Million , 2018-2030)
- Polystyrene Panels
- Polyurethane Panels
- Glass Wool Panels
- Others
- Latin America Sandwich Panels Market Application Outlook (Revenue, USD Million , 2018-2030)
- Walls & Floors
- Roofs
- Cold Storage
- Latin America Sandwich Panels Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Residential
- Non-Residential
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Sandwich Panels Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Sandwich Panels Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Sandwich Panels Market, 2018-2030 (US$M)
Latin America sandwich panels market statistics, by product, 2018-2030 (Million Units)
