U.S. Sandwich Panels Market Size & Outlook, 2022-2030
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- Sandwich Panels Market Outlook
- Construction Materials
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U.S. sandwich panels market highlights
- The U.S. sandwich panels market generated a revenue of USD 1,255.1 million in 2022 and is expected to reach USD 2,424.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 8.6% 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 1,255.1 million |
| Market revenue in 2030 | USD 2,424.0 million |
| Growth rate | 8.6% (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, U.S. accounted for 14.7% 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 North America, U.S. sandwich panels market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 2,424.0 million by 2030.
The U.S. sandwich panels market is expected to witness significant growth over the forecast period owing to the increased demand for energy-efficient construction solutions in the market. Moreover, surging awareness regarding sustainable construction among customers as well as government is expected to contribute to the growth of the market in the country in the coming years.
Sandwich panels help in increasing the energy efficiency of buildings, leading to a decrease in their energy requirements for heating, ventilation, and air conditioning. An increase in incidents of natural calamities, including hurricanes and wildfires, hitting different parts of the U.S. is anticipated to surge investments in the reconstruction of buildings damaged by them in the country.
This, in turn, is anticipated to augment the demand for sandwich panels in the U.S. over the forecast period. Additionally, the country is home to well-developed pharmaceuticals and food & beverages industries.
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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.S. 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 74.48% in 2022.
Horizon Databook has segmented the U.S. 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 U.S. sandwich panels market is expected to witness significant growth over the forecast period owing to the increased demand for energy-efficient construction solutions in the market. Moreover, surging awareness regarding sustainable construction among customers as well as government is expected to contribute to the growth of the market in the country in the coming years.
Sandwich panels help in increasing the energy efficiency of buildings, leading to a decrease in their energy requirements for heating, ventilation, and air conditioning. An increase in incidents of natural calamities, including hurricanes and wildfires, hitting different parts of the U.S. is anticipated to surge investments in the reconstruction of buildings damaged by them in the country.
This, in turn, is anticipated to augment the demand for sandwich panels in the U.S. over the forecast period. Additionally, the country is home to well-developed pharmaceuticals and food & beverages industries.
- U.S. Sandwich Panels Market Product Outlook (Revenue, USD Million , 2018-2030)
- Polystyrene Panels
- Polyurethane Panels
- Glass Wool Panels
- Others
- U.S. Sandwich Panels Market Application Outlook (Revenue, USD Million , 2018-2030)
- Walls & Floors
- Roofs
- Cold Storage
- U.S. 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.S. Sandwich Panels Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Sandwich Panels Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.S. Sandwich Panels Market, 2018-2030 (US$M)
U.S. sandwich panels market statistics, by product, 2018-2030 (Million Units)
