The polyurethane foam (PUF) insulated sandwich panels market size has grown strongly in recent years. It will grow from $7.6 billion in 2024 to $8.22 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth during the historic period can be attributed to the expansion of cold chain logistics, the increase in urban development projects, the rise of quick-service restaurants and food processing units, growing awareness of building sustainability, and the growth of prefabricated structures.
The polyurethane foam (PUF) insulated sandwich panels market size is expected to see strong growth in the next few years. It will grow to $11.08 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth projected for the forecast period can be attributed to the expansion of e-commerce grocery and food delivery networks, increased investment in cold storage facilities, growth in pharmaceutical and vaccine logistics, the rise of data centers in emerging markets, and growing investments in smart and green buildings. Key trends during this period include the adoption of vacuum insulation and aerogel core materials, hybrid core designs offering multiple performance benefits, advanced automated manufacturing, customized designer finishes with high aesthetic appeal, and innovations in recyclable foam.
The rising demand for cold storage infrastructure is expected to drive the growth of the polyurethane foam (PUF) insulated sandwich panels market in the coming years. Cold storage infrastructure consists of temperature-controlled facilities and systems used to store perishable goods such as food, pharmaceuticals, and chemicals, preserving their quality and extending shelf life. This demand is growing due to the expanding need for efficient preservation and distribution of perishable food items, especially driven by the growth of e-commerce and grocery delivery sectors. PUF insulated sandwich panels play a crucial role in cold storage infrastructure by providing excellent thermal insulation, ensuring consistent low temperatures and energy efficiency to preserve perishable products. For example, according to the China Federation of Logistics & Purchasing (CFLP), as of June 2024, China’s total cold storage capacity reached 237 million cubic meters, reflecting a 7.73% year-over-year increase with 9.42 million cubic meters of new capacity added during the year. Thus, the growing demand for cold storage infrastructure is propelling the polyurethane foam (PUF) insulated sandwich panels market.
Key players in the polyurethane foam (PUF) insulated sandwich panels market are making strategic investments in polyurethane foam manufacturing units to increase production capacity, satisfy growing demand across industrial and commercial construction sectors, and strengthen their presence in important geographic markets. A polyurethane foam manufacturing unit produces foam by chemically reacting polyols and isocyanates, mainly for use in insulation in construction, refrigeration, and packaging. For instance, in January 2024, Ice Make Refrigeration Limited, an India-based refrigeration equipment manufacturer, launched a polyurethane foam manufacturing facility in Dantali, Gandhinagar, Gujarat, with a planned investment of Rs. 1.1 crores ($0.13 million). This new plant is designed to produce 14,252 square meters of polyurethane foam monthly, targeting building and appliance insulation applications. Its product lineup includes PUF-insulated sandwich panels, spray foam insulation, and pipe insulation, positioning the company to benefit from the expanding demand in India’s polyurethane foam market.
In March 2024, BASF SE, a Germany-based chemical company, partnered with Wiskind to introduce ISCC PLUS-certified bio-based polyurethane panels. Through this collaboration, BASF aims to promote sustainable building solutions and accelerate the construction sector’s shift toward a circular economy. Wiskind is a China-based manufacturer specializing in building materials and systems.
Major players in the polyurethane foam (PUF) insulated sandwich panels market are ArcelorMittal Construction, Dana Group of Companies, Kingspan Group plc, Zamil Industrial Investment Company, Balex Metal Sp. z o.o., Jindal Mectec Private Limited, Alfa PEB Limited, Metecno Group, Tonmat Sp. z o.o., Rinac India Limited, BNAL Prefabs Pvt. Ltd., Alubel S.p.A., EPACK Prefab Private Limited, Italpannelli S.r.l., Viraat Industries Private Limited, Koreapuff Co. Ltd., Engko Engineering Company, Omkar Puf Insulation Private Limited, Metro Industries, and Mac Tech International Private Limited.
North America was the largest region in the polyurethane foam (PUF) insulated sandwich panels market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in polyurethane foam (PUF) insulated sandwich panels report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the polyurethane foam (PUF) insulated sandwich panels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s recommendations and conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the construction sector, particularly in materials procurement and project costs. Higher duties on imported steel, aluminum, lumber, and machinery have driven up expenses for builders, contractors, and infrastructure developers, leading to increased project bids and delayed timelines. Construction equipment manufacturers face similar challenges, with tariffs on essential components and raw materials inflating production costs and squeezing margins. Additionally, retaliatory tariffs in international markets have curtailed exports of U.S.-made construction equipment and materials, further affecting profitability. The sector must now prioritize local sourcing, modular construction techniques, and supply chain diversification to control costs and ensure project viability amid ongoing trade uncertainties.
Polyurethane foam (PUF) insulated sandwich panels are building materials composed of a rigid polyurethane foam core sandwiched between two outer metal sheets, typically steel or aluminum. These panels offer excellent thermal insulation and structural strength, making them widely used in the construction of walls, roofs, cold storage units, and industrial buildings.
The main types of polyurethane foam (PUF) insulated sandwich panels include wall panels, roof panels, cold storage panels, and others. Wall panels are prefabricated components featuring a rigid polyurethane foam core and metal facings, designed for vertical installation to provide insulation and structural support in cold storage or industrial buildings. Various insulation technologies are employed in these panels, such as polyurethane foam, polystyrene foam, mineral wool, and glass wool insulated sandwich panels. They find applications across residential, commercial, industrial, and cold storage sectors, serving end-users in construction, warehousing, food and beverage, pharmaceuticals, and more.
The polyurethane foam (PUF) insulated sandwich panels market research report is one of a series of new reports that provides polyurethane foam (PUF) insulated sandwich panels market statistics, including the polyurethane foam (PUF) insulated sandwich panels industry global market size, regional shares, competitors with the polyurethane foam (PUF) insulated sandwich panels market share, detailed polyurethane foam (PUF) insulated sandwich panels market segments, market trends, and opportunities, and any further data you may need to thrive in the polyurethane foam (PUF) insulated sandwich panels industry. This polyurethane foam (PUF) insulated sandwich panels market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The polyurethane foam (PUF) insulated sandwich panels market consists of sales of door panels, prefabricated building panels, and customized shape panels. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The polyurethane foam (PUF) insulated sandwich panels market size is expected to see strong growth in the next few years. It will grow to $11.08 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth projected for the forecast period can be attributed to the expansion of e-commerce grocery and food delivery networks, increased investment in cold storage facilities, growth in pharmaceutical and vaccine logistics, the rise of data centers in emerging markets, and growing investments in smart and green buildings. Key trends during this period include the adoption of vacuum insulation and aerogel core materials, hybrid core designs offering multiple performance benefits, advanced automated manufacturing, customized designer finishes with high aesthetic appeal, and innovations in recyclable foam.
The rising demand for cold storage infrastructure is expected to drive the growth of the polyurethane foam (PUF) insulated sandwich panels market in the coming years. Cold storage infrastructure consists of temperature-controlled facilities and systems used to store perishable goods such as food, pharmaceuticals, and chemicals, preserving their quality and extending shelf life. This demand is growing due to the expanding need for efficient preservation and distribution of perishable food items, especially driven by the growth of e-commerce and grocery delivery sectors. PUF insulated sandwich panels play a crucial role in cold storage infrastructure by providing excellent thermal insulation, ensuring consistent low temperatures and energy efficiency to preserve perishable products. For example, according to the China Federation of Logistics & Purchasing (CFLP), as of June 2024, China’s total cold storage capacity reached 237 million cubic meters, reflecting a 7.73% year-over-year increase with 9.42 million cubic meters of new capacity added during the year. Thus, the growing demand for cold storage infrastructure is propelling the polyurethane foam (PUF) insulated sandwich panels market.
Key players in the polyurethane foam (PUF) insulated sandwich panels market are making strategic investments in polyurethane foam manufacturing units to increase production capacity, satisfy growing demand across industrial and commercial construction sectors, and strengthen their presence in important geographic markets. A polyurethane foam manufacturing unit produces foam by chemically reacting polyols and isocyanates, mainly for use in insulation in construction, refrigeration, and packaging. For instance, in January 2024, Ice Make Refrigeration Limited, an India-based refrigeration equipment manufacturer, launched a polyurethane foam manufacturing facility in Dantali, Gandhinagar, Gujarat, with a planned investment of Rs. 1.1 crores ($0.13 million). This new plant is designed to produce 14,252 square meters of polyurethane foam monthly, targeting building and appliance insulation applications. Its product lineup includes PUF-insulated sandwich panels, spray foam insulation, and pipe insulation, positioning the company to benefit from the expanding demand in India’s polyurethane foam market.
In March 2024, BASF SE, a Germany-based chemical company, partnered with Wiskind to introduce ISCC PLUS-certified bio-based polyurethane panels. Through this collaboration, BASF aims to promote sustainable building solutions and accelerate the construction sector’s shift toward a circular economy. Wiskind is a China-based manufacturer specializing in building materials and systems.
Major players in the polyurethane foam (PUF) insulated sandwich panels market are ArcelorMittal Construction, Dana Group of Companies, Kingspan Group plc, Zamil Industrial Investment Company, Balex Metal Sp. z o.o., Jindal Mectec Private Limited, Alfa PEB Limited, Metecno Group, Tonmat Sp. z o.o., Rinac India Limited, BNAL Prefabs Pvt. Ltd., Alubel S.p.A., EPACK Prefab Private Limited, Italpannelli S.r.l., Viraat Industries Private Limited, Koreapuff Co. Ltd., Engko Engineering Company, Omkar Puf Insulation Private Limited, Metro Industries, and Mac Tech International Private Limited.
North America was the largest region in the polyurethane foam (PUF) insulated sandwich panels market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in polyurethane foam (PUF) insulated sandwich panels report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the polyurethane foam (PUF) insulated sandwich panels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s recommendations and conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the construction sector, particularly in materials procurement and project costs. Higher duties on imported steel, aluminum, lumber, and machinery have driven up expenses for builders, contractors, and infrastructure developers, leading to increased project bids and delayed timelines. Construction equipment manufacturers face similar challenges, with tariffs on essential components and raw materials inflating production costs and squeezing margins. Additionally, retaliatory tariffs in international markets have curtailed exports of U.S.-made construction equipment and materials, further affecting profitability. The sector must now prioritize local sourcing, modular construction techniques, and supply chain diversification to control costs and ensure project viability amid ongoing trade uncertainties.
Polyurethane foam (PUF) insulated sandwich panels are building materials composed of a rigid polyurethane foam core sandwiched between two outer metal sheets, typically steel or aluminum. These panels offer excellent thermal insulation and structural strength, making them widely used in the construction of walls, roofs, cold storage units, and industrial buildings.
The main types of polyurethane foam (PUF) insulated sandwich panels include wall panels, roof panels, cold storage panels, and others. Wall panels are prefabricated components featuring a rigid polyurethane foam core and metal facings, designed for vertical installation to provide insulation and structural support in cold storage or industrial buildings. Various insulation technologies are employed in these panels, such as polyurethane foam, polystyrene foam, mineral wool, and glass wool insulated sandwich panels. They find applications across residential, commercial, industrial, and cold storage sectors, serving end-users in construction, warehousing, food and beverage, pharmaceuticals, and more.
The polyurethane foam (PUF) insulated sandwich panels market research report is one of a series of new reports that provides polyurethane foam (PUF) insulated sandwich panels market statistics, including the polyurethane foam (PUF) insulated sandwich panels industry global market size, regional shares, competitors with the polyurethane foam (PUF) insulated sandwich panels market share, detailed polyurethane foam (PUF) insulated sandwich panels market segments, market trends, and opportunities, and any further data you may need to thrive in the polyurethane foam (PUF) insulated sandwich panels industry. This polyurethane foam (PUF) insulated sandwich panels market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The polyurethane foam (PUF) insulated sandwich panels market consists of sales of door panels, prefabricated building panels, and customized shape panels. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary2. Polyurethane Foam (PUF) Insulated Sandwich Panels Market Characteristics3. Polyurethane Foam (PUF) Insulated Sandwich Panels Market Trends and Strategies32. Global Polyurethane Foam (PUF) Insulated Sandwich Panels Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Polyurethane Foam (PUF) Insulated Sandwich Panels Market34. Recent Developments in the Polyurethane Foam (PUF) Insulated Sandwich Panels Market
4. Polyurethane Foam (PUF) Insulated Sandwich Panels Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, and Covid and Recovery on the Market
5. Global Polyurethane Foam (PUF) Insulated Sandwich Panels Growth Analysis and Strategic Analysis Framework
6. Polyurethane Foam (PUF) Insulated Sandwich Panels Market Segmentation
7. Polyurethane Foam (PUF) Insulated Sandwich Panels Market Regional and Country Analysis
8. Asia-Pacific Polyurethane Foam (PUF) Insulated Sandwich Panels Market
9. China Polyurethane Foam (PUF) Insulated Sandwich Panels Market
10. India Polyurethane Foam (PUF) Insulated Sandwich Panels Market
11. Japan Polyurethane Foam (PUF) Insulated Sandwich Panels Market
12. Australia Polyurethane Foam (PUF) Insulated Sandwich Panels Market
13. Indonesia Polyurethane Foam (PUF) Insulated Sandwich Panels Market
14. South Korea Polyurethane Foam (PUF) Insulated Sandwich Panels Market
15. Western Europe Polyurethane Foam (PUF) Insulated Sandwich Panels Market
16. UK Polyurethane Foam (PUF) Insulated Sandwich Panels Market
17. Germany Polyurethane Foam (PUF) Insulated Sandwich Panels Market
18. France Polyurethane Foam (PUF) Insulated Sandwich Panels Market
19. Italy Polyurethane Foam (PUF) Insulated Sandwich Panels Market
20. Spain Polyurethane Foam (PUF) Insulated Sandwich Panels Market
21. Eastern Europe Polyurethane Foam (PUF) Insulated Sandwich Panels Market
22. Russia Polyurethane Foam (PUF) Insulated Sandwich Panels Market
23. North America Polyurethane Foam (PUF) Insulated Sandwich Panels Market
24. USA Polyurethane Foam (PUF) Insulated Sandwich Panels Market
25. Canada Polyurethane Foam (PUF) Insulated Sandwich Panels Market
26. South America Polyurethane Foam (PUF) Insulated Sandwich Panels Market
27. Brazil Polyurethane Foam (PUF) Insulated Sandwich Panels Market
28. Middle East Polyurethane Foam (PUF) Insulated Sandwich Panels Market
29. Africa Polyurethane Foam (PUF) Insulated Sandwich Panels Market
30. Polyurethane Foam (PUF) Insulated Sandwich Panels Market Competitive Landscape and Company Profiles
31. Polyurethane Foam (PUF) Insulated Sandwich Panels Market Other Major and Innovative Companies
35. Polyurethane Foam (PUF) Insulated Sandwich Panels Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Polyurethane Foam (PUF) Insulated Sandwich Panels Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on polyurethane foam (puf) insulated sandwich panels market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for polyurethane foam (puf) insulated sandwich panels? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The polyurethane foam (puf) insulated sandwich panels market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Wall Panels; Roof Panels; Cold Storage Panels; Other Product Types2) By Technology: Polyurethane Foam Insulated Sandwich Panels; Polystyrene Foam Insulated Sandwich Panels; Mineral Wool Insulated Sandwich Panels; Glass Wool Insulated Sandwich Panels; Other Technologies
3) By Application: Residential; Commercial; Industrial; Cold Storage
4) By End-User: Construction; Warehousing; Food and Beverage; Pharmaceuticals; Other End-Users
Subsegments:
1) By Wall Panels: Flat Wall Panels; Corrugated Wall Panels; Tongue-and-Groove Wall Panels; Fire-Resistant Wall Panels2) By Roof Panels: Trapezoidal Roof Panels; Curved Roof Panels; Standing Seam Roof Panels; Insulated Roof Tile Panels
3) By Cold Storage Panels: Camlock Cold Storage Panels; Modular Cold Storage Panels; Floor Panels; Ceiling Panels
4) By Other Product Types: Partition Panels; Clean Room Panels; Acoustic Panels; Door Panels
Companies Mentioned: ArcelorMittal Construction; Dana Group of Companies; Kingspan Group plc; Zamil Industrial Investment Company; Balex Metal Sp. z o.o.; Jindal Mectec Private Limited; Alfa PEB Limited; Metecno Group; Tonmat Sp. z o.o.; Rinac India Limited; BNAL Prefabs Pvt. Ltd.; Alubel S.p.A.; EPACK Prefab Private Limited; Italpannelli S.r.l.; Viraat Industries Private Limited; Koreapuff Co. Ltd.; Engko Engineering Company; Omkar Puf Insulation Private Limited; Metro Industries; Mac Tech International Private Limited.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The companies featured in this Polyurethane Foam (PUF) Insulated Sandwich Panels market report include:- ArcelorMittal Construction
- Dana Group of Companies
- Kingspan Group plc
- Zamil Industrial Investment Company
- Balex Metal Sp. z o.o.
- Jindal Mectec Private Limited
- Alfa PEB Limited
- Metecno Group
- Tonmat Sp. z o.o.
- Rinac India Limited
- BNAL Prefabs Pvt. Ltd.
- Alubel S.p.A.
- EPACK Prefab Private Limited
- Italpannelli S.r.l.
- Viraat Industries Private Limited
- Koreapuff Co. Ltd.
- Engko Engineering Company
- Omkar Puf Insulation Private Limited
- Metro Industries
- Mac Tech International Private Limited.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 250 |
Published | September 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 8.22 Billion |
Forecasted Market Value ( USD | $ 11.08 Billion |
Compound Annual Growth Rate | 7.7% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |