Report Overview

Middle East and Africa Sandwich Panel Market - Industry Trends & Forecast Report, 2029

The Middle East and Africa sandwich panel market size was estimated to be worth USD 248.73 million in 2022. During the forecast period between 2023 and 2029, the Middle East and Africa sandwich panel market size is projected to grow at a CAGR of 6.50%, reaching a value of USD 386.52 million by 2029. Major growth factors for the Middle East and Africa sandwich panel market include the rising construction of commercial and industrial buildings such as cold storage facilities and medical facilities and increasing focus towards appealing designs and aesthetics of the buildings.

Middle East and Africa Sandwich Panel Market – Overview

A modular construction material used to cover buildings and other structures is called sandwich paneling. These panels are made of two layers that together comprise the outside structure and provide stiffness, shape, and weather resistance. They have a core that has insulating qualities for both sound and heat. Expanded polystyrene (EPS), mineral wool, rigid polyurethane (PUR), and polyisocyanurate (PIR) are some examples of the various insulating materials that can be used to make the cores. There are several varieties of sandwich panel-facing profiles, including micro profile, linear, corrugated, smooth, stamping, and sinusoidal.

Middle East and Africa Sandwich Panel Market

Growth Drivers

Rapid Infrastructural Development in the MEA Countries

Rapid infrastructural development in the Middle East and African countries is the major driving factor for the sandwich panel market during the forecast period. Sandwich panels offer various advantages over other building materials, such as higher durability and longevity, as well as sound and thermal insulation. Along with these attributes, sandwich panels are also economically efficient. These materials are utilized for a very long time and do not need to be fixed or changed because of their insulation and variety of design, color, and long life. They are also excellent in energy optimization, which favors its market growth.

Restraints

Poor Fire Performance of Some Sandwich Panels

Certain sandwich panels, such as polystyrene core sandwich panels, provide low fire resistance to the buildings. Therefore, the buildings that use these types of sandwich panels may not pass the fire safety standards of the MEA countries. Therefore, unless fireproofing boards are utilized, their broad usage in structures is avoided, which limits the market growth. However, building contractors are shifting towards non-combustible rock wool sandwich panels, which are non-flammable and offer high fire resistance.

Impact of COVID-19 on the Middle East and Africa Sandwich Panel Market

The unprecedented COVID-19 pandemic negatively impacted the growth of the Middle East and Africa sandwich panel market. The imposition of lockdown to mitigate the virus spread caused supply chain disruptions in the countries. Furthermore, the lockdown impeded the operations of the construction industry, which caused a huge shortage of labor as well as raw materials in the market. To concentrate on the healthcare industry, the construction of industrial and commercial buildings was suspended, which severely impacted the region's demand for sandwich panels.

Middle East and Africa Sandwich Panel Market

Segmental Coverage

Middle East and Africa Sandwich Panel Market – By Material

Based on material, the Middle East and Africa sandwich panel market is split into core materials and skin materials segments. The core materials segment is further classified into polyurethane (PUR), polyisocyanurate (PIR), mineral wool, expanded polystyrene (EPS), and others. The skin material is also further segmented into continuous fiber-reinforced thermoplastics (CFRT), fiberglass-reinforced panels (FRP), aluminum, steel, and others. The polyurethane (PUR) segment accounts for the largest share of the market owing to its properties such as cost-effectiveness, lightweight, and high density.

Middle East and Africa Sandwich Panel Market – By Application

Based on application, the Middle East and Africa sandwich panel market is segmented into wall panels, roof panels, insulated panels, and others. The wall panels segment holds the largest share in the Middle East and Africa sandwich panel market. Sandwich panels are used in the building industry for a variety of purposes, including the construction of walls and ceilings. The main portion of the building's exterior is its walls. As a result, outside walls are crucial for energy conservation. The thickness and technical requirements of the wall panel sandwich will change depending on the insulation needs.

Middle East and Africa Sandwich Panel Market – By End User

Based on end user, the Middle East and Africa sandwich panel market is segmented into residential, commercial, industrial, institutional, and infrastructure, and others. The industrial segment accounts for the highest share of the market. The growth of this segment is mainly attributed to the rising construction of industrial buildings in the region. Following the industrial segment, the commercial sector also holds a substantial market share owing to the increasing number of office buildings and the use of sandwich panels for their thermal humidity and sound insulation.

Middle East and Africa Sandwich Panel Market – By Region

The Middle East and Africa sandwich panel market covers major country-specific markets across the region: Saudi Arabia, the UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, and the rest of the MEA. Due to several development projects carried out as part of KSA's Vision 2030, Saudi Arabia covers the Middle East and Africa sandwich panel industry. With its policies surrounding economic diversification and reducing dependence on the oil sector, the Kingdom has been significantly investing in its industrial sector and establishing new factories, directly influencing the growth of the sandwich panel market in the region.

Competitive Landscape

Major players operating in the Middle East and Africa sandwich panel market include Kingspan Group, TSSC Group, Zamil Steel, Qatar Steel Industries Factory, DANA Group, Al Ghurair Construction Industries, Emirates Building Systems, Saudi Rock Wool Factory, Qatar Insulation Company, and Frigoglass Industries Nigeria Limited

These companies employ various strategies to further enhance their market share, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Material

• Core Material

1. Polyurethane (PUR)

2. Polyisocyanurate (PIR)

3. Mineral Wool

4. Expanded Polystyrene (EPS)

5. Others

• Skin Material

1. Continuous Fiber Reinforced Thermoplastics (CFRT)

2. Fiberglass Reinforced Panel (FRP)

3. Aluminum

4. Steel

5. Others

By Application

• Wall Panels

• Roof Panels

• Insulated Panels

• Others

By End User

• Residential

• Commercial

• Industrial

• Institutional & Infrastructure

• Others

By Country

• Saudi Arabia

• UAE

• Qatar

• Kuwait

• South Africa

• Nigeria

• Algeria

• Rest of MEA

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Middle East and Africa Sandwich Panel Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Growing Cold Storage Applications of Structural Insulated Panels
         2. Increasing Demand for PVDF-based Aluminum Composite Panels
      2. Restraints
         1. Fire Performance of Some Sandwich Panels
         2. Fluctuations in the Prices of Raw Materials
      3. Opportunities
         1. Increasing Government and Consumer Spending in Residential and Infrastructure Construction
         2. Increase in Awareness About Energy-Efficient Buildings
      4. Challenges
         1. Oriented Stranded Board (OSB) Emissions of Volatile Organic Compounds (VOCs)
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Middle East and Africa Sandwich Panel Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Material
         1. Core Material
            1. Polyurethane (PUR)
            2. Polyisocyanurate (PIR)
            3. Mineral Wool
            4. Expanded Polystyrene (EPS)
            5. Other
         2. Skin Material
            1. Continuous Fiber Reinforced Thermoplastics (CFRT)
            2. Fiberglass Reinforced Panel (FRP)
            3. Aluminum
            4. Steel
            5. Other
      2. By Application
         1. Wall Panels
         2. Roof Panels
         3. Insulated Panels
         4. Other
      3. By End User
         1. Residential
         2. Commercial
         3. Industrial
         4. Institutional and Infrastructure
         5. Others
      4. By Country
         1. Saudi Arabia
         2. UAE
         3. Qatar
         4. Kuwait
         5. South Africa
         6. Nigeria
         7. Algeria
         8. Rest of MEA
5. Saudi Arabia Sandwich Panel Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Application
      2. By End User
6. UAE Sandwich Panel Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Material
      2. By Application
      3. By End User
7. Qatar Sandwich Panel Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Material
      2. By Application
      3. By End User
8. Kuwait Sandwich Panel Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Material
      2. By Application
      3. By End User
9. South Africa Sandwich Panel Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Material
      2. By Application
      3. By End User
10. Nigeria Sandwich Panel Market
    1. Market Size & Forecast, 2019–2029
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Material
       2. By Application
       3. By End User
11. Algeria Sandwich Panel Market
    1. Market Size & Forecast, 2019–2029
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Material
       2. By Application
       3. By End User
12. Rest of MEA Sandwich Panel Market
    1. Market Size & Forecast, 2019–2029
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Material
       2. By Application
       3. By End User
13. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Middle East and Africa Sandwich Panel Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
14. Impact of Covid-19 on Middle East and Africa Sandwich Panel Market
15. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Kingspan Group
    2. TSSC Group
    3. Zamil Steel
    4. Qatar Steel Industries Factory
    5. DANA Group
    6. Al Ghurair Construction Industries
    7. Emirates Building Systems:
    8. Saudi Rock Wool Factory
    9. Qatar Insulation Company
    10. Frigoglass Industries Nigeria Limited
    11. Other Prominent Players
16. Key Strategic Recommendations
17. Research Methodology
    1.       Qualitative Research
       1.   Primary & Secondary Research
    2.       Quantitative Research
    3.       Market Breakdown & Data Triangulation
       1.   Secondary Research
       2.   Primary Research
    4.       Breakdown of Primary Research Respondents, By Region
    5.       Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1       Middle East and Africa Sandwich Panel Segmentation

Figure 2       Middle East and Africa Sandwich Panel Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       Middle East & Africa Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Figure 5       Middle East & Africa Sandwich Panel Market Share, By Material, By Value, 2019–2029

Figure 6       Middle East & Africa Sandwich Panel Market Share, By Application, By Value, 2019–2029

Figure 7       Middle East & Africa Sandwich Panel Market Share, By End User, By Value, 2019–2029

Figure 8       Middle East & Africa Sandwich Panel Market Share, By Country, By Value, 2019–2029

Figure 9       Saudi Arabia Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Figure 10     Saudi Arabia Sandwich Panel Market Share, By Material, By Value, 2019–2029

Figure 11     Saudi Arabia Sandwich Panel Market Share, By Application, By Value, 2019–2029

Figure 12     Saudi Arabia Sandwich Panel Market Share, By End User, By Value, 2019–2029

Figure 13     UAE Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Figure 14     UAE Sandwich Panel Market Share, By Material, By Value, 2019–2029

Figure 15     UAE Sandwich Panel Market Share, By Application, By Value, 2019–2029

Figure 16     UAE Sandwich Panel Market Share, By End User, By Value, 2019–2029

Figure 17     Qatar Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Figure 18     Qatar Sandwich Panel Market Share, By Material, By Value, 2019–2029

Figure 19     Qatar Sandwich Panel Market Share, By Application, By Value, 2019–2029

Figure 20     Qatar Sandwich Panel Market Share, By End User, By Value, 2019–2029

Figure 21     Kuwait Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Figure 22     Kuwait Sandwich Panel Market Share, By Material, By Value, 2019–2029

Figure 23     Kuwait Sandwich Panel Market Share, By Application, By Value, 2019–2029

Figure 24     Kuwait Sandwich Panel Market Share, By End User, By Value, 2019–2029

Figure 25     South Africa Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Figure 26     South Africa Sandwich Panel Market Share, By Material, By Value, 2019–2029

Figure 27     South Africa Sandwich Panel Market Share, By Application, By Value, 2019–2029

Figure 28     South Africa Sandwich Panel Market Share, By End User, By Value, 2019–2029

Figure 29     Nigeria Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Figure 30     Nigeria Sandwich Panel Market Share, By Material, By Value, 2019–2029

Figure 31     Nigeria Sandwich Panel Market Share, By Application, By Value, 2019–2029

Figure 32     Nigeria Sandwich Panel Market Share, By End User, By Value, 2019–2029

Figure 33     Algeria Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Figure 34     Algeria Sandwich Panel Market Share, By Material, By Value, 2019–2029

Figure 35     Algeria Sandwich Panel Market Share, By Application, By Value, 2019–2029

Figure 36     Algeria Sandwich Panel Market Share, By End User, By Value, 2019–2029

Figure 37     Rest of MEA Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Figure 38     Rest of MEA Sandwich Panel Market Share, By Material, By Value, 2019–2029

Figure 39     Rest of MEA Sandwich Panel Market Share, By Application, By Value, 2019–2029

Figure 40     Rest of MEA Sandwich Panel Market Share, By End User, By Value, 2019–2029

List of Tables

Table 1        Middle East & Africa Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Table 2        Middle East & Africa Sandwich Panel Market Share, By Material, By Value, 2019–2029

Table 3        Middle East & Africa Sandwich Panel Market Share, By Application, By Value, 2019–2029

Table 4        Middle East & Africa Sandwich Panel Market Share, By End User, By Value, 2019–2029

Table 5        Middle East & Africa Sandwich Panel Market Share, By Country, By Value, 2019–2029

Table 6        Saudi Arabia Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Table 7        Saudi Arabia Sandwich Panel Market Share, By Material, By Value, 2019–2029

Table 8        Saudi Arabia Sandwich Panel Market Share, By Application, By Value, 2019–2029

Table 9        Saudi Arabia Sandwich Panel Market Share, By End User, By Value, 2019–2029

Table 10      UAE Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Table 11      UAE Sandwich Panel Market Share, By Material, By Value, 2019–2029

Table 12      UAE Sandwich Panel Market Share, By Application, By Value, 2019–2029

Table 13      UAE Sandwich Panel Market Share, By End User, By Value, 2019–2029

Table 14      Qatar Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Table 15      Qatar Sandwich Panel Market Share, By Material, By Value, 2019–2029

Table 16      Qatar Sandwich Panel Market Share, By Application, By Value, 2019–2029

Table 17      Qatar Sandwich Panel Market Share, By End User, By Value, 2019–2029

Table 18      Kuwait Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Table 19      Kuwait Sandwich Panel Market Share, By Material, By Value, 2019–2029

Table 20      Kuwait Sandwich Panel Market Share, By Application, By Value, 2019–2029

Table 21      Kuwait Sandwich Panel Market Share, By End User, By Value, 2019–2029

Table 22      South Africa Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Table 23      South Africa Sandwich Panel Market Share, By Material, By Value, 2019–2029

Table 24      South Africa Sandwich Panel Market Share, By Application, By Value, 2019–2029

Table 25      South Africa Sandwich Panel Market Share, By End User, By Value, 2019–2029

Table 26      Nigeria Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Table 27      Nigeria Sandwich Panel Market Share, By Material, By Value, 2019–2029

Table 28      Nigeria Sandwich Panel Market Share, By Application, By Value, 2019–2029

Table 29      Nigeria Sandwich Panel Market Share, By End User, By Value, 2019–2029

Table 30      Algeria Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Table 31      Algeria Sandwich Panel Market Share, By Material, By Value, 2019–2029

Table 32      Algeria Sandwich Panel Market Share, By Application, By Value, 2019–2029

Table 33      Algeria Sandwich Panel Market Share, By End User, By Value, 2019–2029

Table 34      Rest of MEA Sandwich Panel Market Size, By Value (USD Million), 2019–2029

Table 35      Rest of MEA Sandwich Panel Market Share, By Material, By Value, 2019–2029

Table 36      Rest of MEA Sandwich Panel Market Share, By Application, By Value, 2019–2029

Table 37      Rest of MEA Sandwich Panel Market Share, By End User, By Value, 2019–2029

Table 38      Kingspan Group Company Overview

Table 39      Kingspan Group Financial Overview

Table 40      TSSC Group Company Overview

Table 41      TSSC Group Financial Overview

Table 42      Zamil Steel Company Overview

Table 43      Zamil Steel Financial Overview

Table 44      Qatar Steel Industries Factory Company Overview

Table 45      Qatar Steel Industries Factory Financial Overview

Table 46      DANA Group Company Overview

Table 47      DANA Group Financial Overview

Table 48      Al Ghurair Construction Industries Company Overview

Table 49      Al Ghurair Construction Industries Financial Overview

Table 50      Emirates Building Systems: Company Overview

Table 51      Emirates Building Systems: Financial Overview

Table 52      Saudi Rock Wool Factory Company Overview

Table 53      Saudi Rock Wool Factory Financial Overview

Table 54      Qatar Insulation Company: Company Overview

Table 55      Qatar Insulation Company Financial Overview

Table 56      Frigoglass Industries Nigeria Limited Company Overview

Table 57      Frigoglass Industries Nigeria Limited Financial Overview