Middle East & Africa Sandwich Panels Market Size & Outlook
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MEA sandwich panels market highlights
- The MEA sandwich panels market generated a revenue of USD 751.8 million in 2022.
- The 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.
- Country-wise, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 751.8 million |
| Market revenue in 2030 | USD 1,311.5 million |
| Growth rate | 7.2% (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, MEA region accounted for 8.8% 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.
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Sandwich Panels Market Scope
Sandwich Panels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| FischerSIPS | View profile | 11-50 | Louisville, Kentucky, United States, North America | https://www.fischersips.com |
| HEMSEC | View profile | 101-250 | Prescot, Lancashire, United Kingdom, Europe | https://www.hemsec.com/ |
| Structural Panels | View profile | 11-50 | Baltimore, Ontario, Canada, North America | https://structuralpanels.ca |
| American Buildings Company | View profile | 251-500 | Eufaula, Alabama, United States, North America | http://www.americanbuildings.com |
| KPS Global | View profile | 501-1000 | Fort Worth, Texas, United States, North America | http://kpsglobal.com |
| American Insulated Panel | View profile | 11-50 | Taunton, Massachusetts, United States, North America | https://www.americaninsulatedpanel.com |
| Green Span Profiles | View profile | 11-50 | Waller, Texas, United States, North America | https://greenspanprofiles.com |
| Metecno | View profile | 501-1000 | Quilicura, Region Metropolitana, Chile, South America | https://metecno.com |
| PFB Corporation | View profile | 251-500 | Calgary, Alberta, Canada, North America | https://pfbcorp.com/ |
| Isopan | View profile | 11-50 | León, Guanajuato, Mexico, North America | https://isocindu.mx/ |
| Metl-Span | View profile | 251-500 | Lewisville, Texas, United States, North America | http://www.metlspan.com/ |
| Dana Group | View profile | 1001-5000 | Lagos, Lagos, Nigeria, Africa | http://www.danagroup.com |
| Owens Corning | View profile | 10001+ | Toledo, Ohio, United States, North America | http://www.owenscorning.com/ |
| Kingspan Group PLC | View profile | 22384 | Dublin Road, Kingscourt, County Cavan, Ireland, A82 XY31 | https://www.kingspan.com |
Middle East & Africa 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 will help companies and investors design strategic landscapes.
Polystyrene panels was the largest segment with a revenue share of 72.37% in 2022. Horizon Databook has segmented the Middle East & Africa 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 construction industry in the Middle East & Africa is expected to witness significant growth in the coming years owing to an increase in investments and a surge in oil production in the region. The upcoming government-funded construction projects in Nigeria, Ethiopia, and Uganda are expected to drive the growth of the construction industry in the Middle East & Africa in the coming years.
For instance, new government policies in South Africa to encourage investments in infrastructure development projects are anticipated to contribute to the growth of the construction industry in the country during the forecast period.
This is expected to fuel the demand for sandwich panels in South Africa in the coming years. Moreover, ongoing urbanization and improving standard of living of the masses owing to increasing per capita income are further expected to fuel commercial and residential construction activities in the country.
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Our clientele includes a mix of sandwich panels market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa sandwich panels market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa sandwich panels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA sandwich panels market size, by country, 2018-2030 (US$M)
Middle East & Africa Sandwich Panels Market Outlook Share, 2022 & 2030 (US$M)
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