Global Polyisocyanurate Foam (PIR) Sandwich Panel Market Size By Product Type (Thickness Below 51 mm, Thickness 51 mm-100 mm), By Application (Building Wall, Building Roof), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Polyisocyanurate Foam (PIR) Sandwich Panel Market Size And Forecast

Polyisocyanurate Foam (PIR) Sandwich Panel Market size was valued at USD 659.51 Million in 2021 and is projected to reach USD 1,270.70 Million by 2030, growing at a CAGR of 7.95% from 2023 to 2030.

More and more folks are looking for buildings that save energy, and they're catching on to the benefits of using polyisocyanurate foam PIR sandwich panels. These panels are great for keeping food and other perishables fresh, both now and down the road. That's why we're expecting to see a jump in demand for them, especially for cold storage solutions. Want the full scoop on the market? The Global Polyisocyanurate Foam (PIR) Sandwich Panel Market report gives you the whole picture, with a deep dive into key areas, trends, what's driving the market, what's holding it back, the competitive scene, and all the things that really matter.

Global Polyisocyanurate Foam (PIR) Sandwich Panel Market Definition

An example of a composite building material is a sandwich panel constructed of two sheets of metal, typically steel, sandwiching a layer of polyisocyanurate foam. Fire-resistant panels are used to build walls and roofs. For industrial and commercial structures that must adhere to fire codes, this is helpful. Given that they provide diverse advantages to the warehouse regions, sandwich panels have a variety of potential features that could drive demand from logistics and warehousing.

Sandwich panels in warehousing and logistics providers for architectural freedom, allowing designers to use cutting-edge technologies to make the facility more practical and appropriate for the needs. Sandwich panels come in a variety of sizes, allowing investors to construct warehouses of any size or in accordance with their needs. By muffling the excessive outside noise, these provide a high level of soundproofing.

Global Polyisocyanurate Foam (PIR) Sandwich Panel Market Overview

Sandwich panels? They're pretty awesome compared to other types of panels, offering some really great benefits. Think of it like thisthey give the space inside the walls of your building super insulation. The secret? They're stuffed with high-quality stuff in between the metal sheets, blocking out all that nasty weather. And because they stand up to UV rays, sandwich panels are perfect for keeping cold rooms, chillers, freezers, and even mobile refrigeration units at just the right temperature for whatever you're storing. Since food spoils so easily, you need to keep it below the danger zone, and sandwich panels help preserve your food (and other goodies) both in the short and long run!

Demand for energy-efficient and environmentally friendly structures is rising, and this is causing a paradigm change in the construction sector in favor of these building technologies. Due to their excellent thermal insulation qualities, polyisocyanurate foam PIR sandwich panels are becoming more and more well-liked among architects and builders and are a great option for building high-performance structures. Polyisocyanurate foam PIR sandwich panels are in greater demand from the refrigeration industry because they provide exceptional thermal insulation performance at low weight and thickness levels.

Growing understanding of the advantages of PIR sandwich panels made of polyisocyanurate foamArchitects, builders, and customers alike are beginning to discover the advantages of employing polyisocyanurate foam PIR sandwich panels, such as increased thermal insulation, decreased energy usage, extended life lifetime, etc.

Global Polyisocyanurate Foam (PIR) Sandwich Panel MarketSegmentation Analysis

The Global Polyisocyanurate Foam (PIR) Sandwich Panel Market is Segmented on the basis of Product Type, Application, And Geography.

Polyisocyanurate Foam (PIR) Sandwich Panel Market, By Product Type

  • Thickness Below 51 mm
  • Thickness 51 mm-100 mm
  • Thickness Above 100 mm

So, when we look at Product Type, the market basically breaks down into three main groupsstuff below 51 mm thick, stuff between 51 mm-100 mm, and then the really thick stuff, above 100 mm. Turns out, the thinner stuff – below 51 mm – grabs a big chunk of the market because people really want it. And it's especially important in the building industry these days. That's because, practically speaking, you need at least some depth for insulation to actually work, but below 51 mm is kind of the minimum. We're talking at least 50 mm to get decent insulation in both summer and winter.

Polyisocyanurate Foam (PIR) Sandwich Panel Market, By Application

  • Building Wall
  • Building Roof
  • Cold Storage

Think about where these materials are used – it breaks down into Building Walls, Building Roofs, and Cold Storage. This growth is really driven by higher demand from all over, like construction, cars, and packaging. For walls, it's often cheaper than using concrete, which needs steel to hold it together. That cost savings, plus the push for energy efficiency by groups like the Green Building Council (U.K.) and Passive House Institute Germany, should keep demand going strong. When it comes to roofs, they can handle heavy snow without needing extra support or insulation. That makes them great for cold storage, where every ounce counts when you're keeping things frozen or chilled for, you know, potentially years!

Polyisocyanurate Foam (PIR) Sandwich Panel Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Okay, so when we look at the Global Polyisocyanurate Foam (PIR) Sandwich Panel Market geographically, it breaks down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. And get thisNorth America isn't just leading the pack right now, but it's also expected to grow the fastest! What's fueling all this growth in North America? Well, more and more people need these panels to build walls – you know, to keep buildings safe and sound from the elements. Plus, with all the private and public money pouring into homes, factories, and businesses, and with everyone using the latest tech in construction, the market's just booming!

Key Players

The “Global Polyisocyanurate Foam (PIR) Sandwich Panel Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Kingspan, Silex, TATA Steel, Metecno, NCI Building Systems, Assan Panel, Isopan, Romakowski, Lattonedil, BASF SE, ArcelorMittal, Changzhou Jingxue.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

  • In 2021, The 20 billionth square meter of sandwich panels is made by PH Insulation. The Moscow region, Russia, factory of PH Insulation has manufactured 20 million square meters of sandwich panels, marking a significant achievement. PH Insulation’s insulated products are used in 26 nations worldwide in 2021. Digitalization, ongoing client connection, and new technologies from the R&D Center will all help PH Insulation improve production.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Polyisocyanurate Foam (PIR) Sandwich Panel Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in Global Polyisocyanurate Foam (PIR) Sandwich Panel Market gauge the attractiveness of a certain sector and assess investment possibilities.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2018-2030

BASE YEAR

2021

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2018-2020

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Kingspan, Silex, TATA Steel, Metecno, NCI Building Systems, Assan Panel, Isopan, Romakowski

SEGMENTS COVERED
  • By Product Type
  • By Application
  • By Geography
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that

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