North America Sandwich Panels Market Size & Outlook
- Materials
- Construction Materials
- Sandwich Panels Market Outlook
- Construction Materials
Global Market
Related Markets
Ask a question about the sandwich panels market
North America sandwich panels market highlights
- The North America sandwich panels market generated a revenue of USD 2,038.3 million in 2022.
- The market is expected to grow at a CAGR of 8.1% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 2,038.3 million |
| Market revenue in 2030 | USD 3,794.7 million |
| Growth rate | 8.1% (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, North America region accounted for 23.9% 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.
The economy of North America is highly diverse owing to the presence of key global economies such as the U.S. and Canada in the region. The U.S. has been the leading consumer of sandwich panels in North America over the past few years owing to the increased demand for them from the residential sector.
Moreover, the extensively developed cold chain and logistic industry of the country, coupled with government initiatives to develop social infrastructure, is also fueling the demand for sandwich panels in the U.S. According to the U.S. Census Bureau, the construction of new homes in the country increased by 9.8% in February 2023 compared with the homes developed in January 2023.
No credit card required*
Publish Date: Dec 17, 2024
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
North 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 73.74% in 2022.
Horizon Databook has segmented the North 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.
The economy of North America is highly diverse owing to the presence of key global economies such as the U.S. and Canada in the region. The U.S. has been the leading consumer of sandwich panels in North America over the past few years owing to the increased demand for them from the residential sector.
Moreover, the extensively developed cold chain and logistic industry of the country, coupled with government initiatives to develop social infrastructure, is also fueling the demand for sandwich panels in the U.S. According to the U.S. Census Bureau, the construction of new homes in the country increased by 9.8% in February 2023 compared with the homes developed in January 2023.
- North America Sandwich Panels Market Product Outlook (Revenue, USD Million , 2018-2030)
- Polystyrene Panels
- Polyurethane Panels
- Glass Wool Panels
- Others
- North America Sandwich Panels Market Application Outlook (Revenue, USD Million , 2018-2030)
- Walls & Floors
- Roofs
- Cold Storage
- North America Sandwich Panels Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Residential
- Non-Residential
Reasons to subscribe to Sandwich Panels Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Sandwich Panels Market Outlook databook
- Our clientele includes a mix of Sandwich Panels Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America Sandwich Panels Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Sandwich Panels Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Sandwich Panels Market, 2018-2030 (US$M)
North America sandwich panels market statistics, by product, 2018-2030 (US$M)
