U.K. Sandwich Panels Market Size & Outlook, 2022-2030
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- Sandwich Panels Market Outlook
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UK sandwich panels market highlights
- The UK sandwich panels market generated a revenue of USD 649.1 million in 2022 and is expected to reach USD 1,131.1 million by 2030.
- The UK market is expected to grow at a CAGR of 7.2% 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.
Sandwich panels market data book summary
| Market revenue in 2022 | USD 649.1 million |
| Market revenue in 2030 | USD 1,131.1 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Polystyrene panels |
| Fastest growing segment | Polyurethane Panels |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, UK accounted for 7.6% of the global sandwich panels market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK sandwich panels market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 581.5 million by 2030.
The Government of the UK has established various energy-efficiency legislation and initiatives, such as Energy Company Obligation (ECO), to reduce overall carbon emissions. This, in turn, is projected to propel the demand for energy-efficient construction materials in the country in the coming years.
Moreover, the rise in demand for single-family and multifamily residential structures is expected to surge the adoption of sandwich panels in the UK, thereby leading to the growth of the market. Rising investments in public and private construction activities are expected to fuel the growth of the construction industry in the UK.
According to a report by the Construction Skills Network (CSN), despite the economic recession, the country will require approximately 225,000 new construction workers by 2027 owing to increasing construction activities in the UK.
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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 |
U.K. 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 U.K. 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 Government of the UK has established various energy-efficiency legislation and initiatives, such as Energy Company Obligation (ECO), to reduce overall carbon emissions. This, in turn, is projected to propel the demand for energy-efficient construction materials in the country in the coming years.
Moreover, the rise in demand for single-family and multifamily residential structures is expected to surge the adoption of sandwich panels in the UK, thereby leading to the growth of the market. Rising investments in public and private construction activities are expected to fuel the growth of the construction industry in the UK.
According to a report by the Construction Skills Network (CSN), despite the economic recession, the country will require approximately 225,000 new construction workers by 2027 owing to increasing construction activities in the UK.
- U.K. Sandwich Panels Market Product Outlook (Revenue, USD Million , 2018-2030)
- Polystyrene Panels
- Polyurethane Panels
- Glass Wool Panels
- Others
- U.K. Sandwich Panels Market Application Outlook (Revenue, USD Million , 2018-2030)
- Walls & Floors
- Roofs
- Cold Storage
- U.K. 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 country-level data and insights on the U.K. Sandwich Panels Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. Sandwich Panels Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.K. Sandwich Panels Market, 2018-2030 (US$M)
UK sandwich panels market statistics, by product, 2018-2030 (US$M)
