The East Africa sandwich panel market size is projected to reach US$ 306.69 million by 2031 from US$ 223.74 million in 2023. The market is expected to register a CAGR of 4.0% during 2023–2031. The development of fire-resistant sandwich panels is likely to bring new key trends in the market in the coming years.
East Africa Sandwich Panel Market Analysis
The need for better food security and the growing export markets in East Africa is boosting the demand for cold storage facilities. Sandwich panels have excellent insulation properties and are becoming the material of choice for constructing cold storage facilities that include large refrigeration areas. They are also used in the construction of warehouses that store sensitive items at a steady temperature. These panels help maintain precise temperature control, crucial for the preservation of perishable goods such as food and pharmaceuticals, thereby reducing spoilage and ensuring product quality. Further, the proliferating construction industry is expected to provide substantial growth opportunities for the East Africa sandwich panel market growth during the forecast period. Rapid urbanization across the region increases the need for efficient, cost-effective, and durable construction materials. To meet these demands, sandwich panels with superior thermal insulation, fire resistance, and lightweight properties are used. Their use in building modern infrastructure, including commercial buildings, residential complexes, and industrial facilities, is expected to rise significantly. For instance, according to Kenya's Economic Survey 2023, released on May 2023, the number of building plans approved in Nairobi increased by 58%. Nigeria-based W Hospitality Group's annual report stated that Kenya expects to open 25 new international hotel brands FY 2023-2024, along with ongoing developments regarding the addition of more than 3,700 hotel rooms to existing hotels.
East Africa Sandwich Panel Market Overview
A growing number of construction activities and government investment in infrastructure development projects are contributing to the market growth. For instance, according to African Leadership Magazine data, the East African Community (EAC) needs US$ 78 billion by 2028 to fund over 200 infrastructure development projects in five member states, including Uganda, Tanzania, Kenya, Rwanda, and Burundi. These states require US$ 62.2 billion for hydropower, standard gauge railway, and oil and gas projects across the region. These states are raising their revenue from borrowings and private-public partnerships (PPP), which support regions to meet their ongoing infrastructure project need.
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East Africa Sandwich Panel Market: Strategic Insights
East Africa Sandwich Panel Market
-
Market Size 2023
US$ 223.74 Million
-
Market Size 2031
US$ 306.69 Million
Market Dynamics
GROWTH DRIVERS
- Growing Applications of Sandwich Panels in Cold Storage Facilities
- Increasing Demand for Polyurethane-Based Sandwich Panels
FUTURE TRENDS
- Development of Fire-Resistant Sandwich Panel
OPPORTUNITIES
- Proliferating Construction Industry
Regional Overview
- East Africa
Market Segmentation
Material
- Polyurethane
- Polyisocyanurate
- Mineral Wool
Application
- Wall Panels
- Roof Panels
End Use
- Residential
- Non-residential
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Customize This Report To Suit Your Requirement
You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
East Africa Sandwich Panel Market: Strategic Insights
-
Market Size 2023
US$ 223.74 Million -
Market Size 2031
US$ 306.69 Million
Market Dynamics
- Growing Applications of Sandwich Panels in Cold Storage Facilities
- Increasing Demand for Polyurethane-Based Sandwich Panels
- Development of Fire-Resistant Sandwich Panel
- Proliferating Construction Industry
Regional Overview
- East Africa
Market Segmentation
- Polyurethane
- Polyisocyanurate
- Mineral Wool
- Wall Panels
- Roof Panels
- Residential
- Non-residential
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
East Africa Sandwich Panel Market Drivers and Opportunities
Increasing Demand for Polyurethane-Based Sandwich Panels
East Africa is undergoing rapid urbanization and infrastructure development, leading to an increased need for advanced building materials that offer efficiency and durability. Polyurethane (PU)-based panels have emerged as a preferred choice among builders and contractors owing to their superior thermal insulation, lightweight properties, and versatility in various construction applications. In addition, the versatility of PU panels in various construction applications, including roofing, wall cladding, and cold storage facilities, is further driving their demand in the region. These panels are easy to install and offer long-term performance with minimal maintenance. The growing emphasis on modernizing the construction sector in East Africa, coupled with the rising awareness of the benefits of energy-efficient materials, is accelerating the adoption of PU-based composite panels. Therefore, the increasing demand for polyurethane-based sandwich panels fuels the growth of the market.
Proliferating Construction Industry
The proliferating construction industry is expected to provide substantial growth opportunities for the East Africa sandwich panel market growth during the forecast period. Rapid urbanization across the region increases the need for efficient, cost-effective, and durable construction materials. To meet these demands, sandwich panels with superior thermal insulation, fire resistance, and lightweight properties are used. The use of sandwich panels in building modern infrastructure, including commercial buildings, residential complexes, and industrial facilities, is expected to rise significantly in the coming years.
East Africa Sandwich Panel Market Report Segmentation Analysis
Key segments that contributed to the derivation of the East Africa sandwich panel market analysis are material, application, and end use.
- Based on material, the market is segmented into polyurethane, polyisocyanurate, mineral wool, and others. The mineral wool segment held the largest share of the market in 2023.
- By application, the market is segmented into wall panels, roof panels, and others. The wall panels segment dominated the market in 2023.
- Based on end use, the market is segmented into residential and nonresidential. The nonresidential segment held a larger share of the market in 2023.
East Africa Sandwich Panel Market Share Analysis by Geography
The geographic scope of the East Africa sandwich panel market report focuses on the market scenario in terms of historical market revenues and forecasts.
Kenya, Zimbabwe, Tanzania, and Zambia are the key contributors to the East Africa sandwich panel market. The market has been witnessing significant growth, driven by the rising demand from the infrastructure sector. Infrastructure development activities involve sandwich panels to control temperature and meet energy efficiency requirements of facilities across the region. The railway industry highly demands sandwich panels owing to their durability, lightweight, fire-resistance, and waterproofing characteristics, which improve the overall style and performance of train interiors and structures. Moreover, the climate in East Africa is extremely hot and humid, making it difficult for people to work long hours. This increases the demand for sandwich panels for cold storage in East Africa. Thus, the growing number of construction activities, government investment, and hot climate conditions of East Africa have surged the demand for sandwich panels to enhance safety and help maintain energy efficiency in buildings and structures.
East Africa Sandwich Panel Market Market Report Scope
Report Attribute
Details
Market size in 2023
US$ 223.74 Million
Market Size by 2031
US$ 306.69 Million
Global CAGR (2023 - 2031)
4.0%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Material - Polyurethane
- Polyisocyanurate
- Mineral Wool
By Application - Wall Panels
- Roof Panels
By End Use - Residential
- Non-residential
Regions and Countries Covered
East Africa- East Africa
Market leaders and key company profiles
Insulation Materials Kenya Ltd Gypsum Ceiling Supplies Ltd DTH Prefab ArcelorMittal SA Knauf Group Tata Steel Ltd Assan Panel A.?. Harwal Group of Companies Kaylite Zambia Ltd Ghosh Group
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 223.74 Million |
Market Size by 2031 | US$ 306.69 Million |
Global CAGR (2023 - 2031) | 4.0% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Material
|
Regions and Countries Covered | East Africa
|
Market leaders and key company profiles |
East Africa Sandwich Panel Market News and Recent Developments
The East Africa sandwich panel market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the market are listed below:
- Assan Panel A.S. won the Special Jury Award at the Golden Çekül Awards. The company received the award for its New Generation Insulation Technology Smartcre. (Source: TOHO Assan Panel A.S., Company News, April 2023)
- Knauf Group division Knauf Insulation produces a wide range of noncombustible (A1-A2) and high-performance solutions for all building applications, including rock mineral wool, glass mineral wool, and wood wool rolls and slabs. Knauf Insulation’s DRS Board is a high-density rock mineral wool board specifically designed and used as an insulation core in doors, whose main purpose is to provide fire and thermal protection in compliance with EN 16034 (the harmonized standard for fire-rated door sets). (Source: Knauf Group, Company News, February 2022)
East Africa Sandwich Panel Market Report Coverage and Deliverables
The "East Africa Sandwich Panel Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- East Africa sandwich panel market size and forecast at regional and country levels for all the key market segments covered under the scope
- East Africa sandwich panel market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter's Five Forces and SWOT analysis
- East Africa sandwich panel market analysis covering key market trends, country framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The mineral wool segment dominated the market in 2023.
The growing application of sandwich panels in cold storage facilities is among a few factors driving the market.
The development of fire-resistant sandwich panels acts as a future trend for the market.
Insulation Materials Kenya Ltd, Gypsum Ceiling Supplies Ltd, DTH Prefab, ArcelorMittal SA, Knauf Group, Tata Steel Ltd, Assan Panel A.Ş., Harwal Group of Companies, Kaylite Zambia Ltd, and Ghosh Group are a few of the key players operating in the East Africa sandwich panel market.
The wall panels segment dominated the market in 2023.
Kenya dominated the market in 2023.
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The List of Companies - East Africa Sandwich Panel Market
- Insulation Materials Kenya Ltd
- Gypsum Ceiling Supplies Ltd
- DTH Prefab
- ArcelorMittal SA
- Knauf Group
- Tata Steel Ltd
- Assan Panel A.?.
- Harwal Group of Companies
- Kaylite Zambia Ltd
- Ghosh Group