Polyisocyanurate (PIR) Insulated Sandwich Panels Market Report 2026

The polyisocyanurate (PIR) insulated sandwich panels market size has grown strongly in recent years. It will grow from $3.71 billion in 2025 to $3.99 billion in 2026 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to rising adoption of PIR insulated panels in commercial buildings, increasing use in cold storage facilities, expansion of cleanroom construction, growing focus on fire-resistant building materials, development of lightweight wall and roof solutions.

The polyisocyanurate (PIR) insulated sandwich panels market size is expected to see strong growth in the next few years. It will grow to $5.27 billion in 2030 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to increasing integration of IoT and AI monitoring for panels, adoption of sustainable PIR foam cores, expansion of high-performance sandwich panel applications, growth in industrial and agricultural buildings, development of energy-efficient and modular panel solutions. Major trends in the forecast period include deployment of polyisocyanurate (PIR) insulated panels, integration of AI-based thermal and fire performance monitoring, expansion of IOT-enabled panel management systems, adoption of sustainable pir foam cores, development of high-performance wall and roof panels.

The rise in residential construction is expected to drive growth in the polyisocyanurate (PIR) insulated sandwich panels market. Residential construction involves the building and development of housing units such as single-family homes, apartments, and condominiums. This sector is expanding due to increasing urban populations, which boost housing demand and stimulate the growth of residential infrastructure to address shelter needs. Polyisocyanurate (PIR) insulated sandwich panels support residential construction by providing excellent thermal insulation, reducing energy consumption, and enhancing living comfort. Their lightweight design and ease of installation accelerate building processes while ensuring durability and fire safety. For example, in June 2024, the US-based United States Census Bureau reported that privately owned home completions in May rose by 1% to a seasonally adjusted annual rate of 1,514,000, up from 1,499,000 in May 2023. Thus, growth in residential construction is propelling the expansion of the PIR insulated sandwich panels market.

Leading companies in the PIR insulated sandwich panels market are adopting innovative manufacturing techniques such as automated production facilities to meet increasing demand from construction and insulation sectors. These advanced plants employ automated systems to efficiently produce high-performance panels with PIR foam cores, ensuring consistent quality, scalability, and efficiency. For instance, in June 2024, EPACK Prefab, an India-based firm specializing in pre-engineered buildings (PEBs) and insulated sandwich panels, launched a PIR sandwich panel manufacturing facility in Andhra Pradesh. This high-efficiency production line continuously produces insulated panels with PIR foam cores and metal facings, offering enhanced fire resistance, superior thermal insulation, and customizable designs to suit diverse construction needs. The automated process minimizes material waste, speeds up production cycles, and maintains consistent product quality for large-scale industrial and commercial projects.

In December 2023, Kingspan Group, an Ireland-based company known for high-performance insulation and building envelope solutions, acquired the insulated panels and boards business of Conqueror New Zealand Limited for an undisclosed sum. This acquisition enables Kingspan to expand its manufacturing footprint and strengthen its position in the New Zealand market by incorporating Conqueror’s locally manufactured PIR foam core insulated panels and boards into its portfolio. Conqueror New Zealand Limited is a New Zealand-based manufacturer of PIR foam core panel products.

Major companies operating in the polyisocyanurate (PIR) insulated sandwich panels market are ArcelorMittal Construction, Tata Steel UK Limited, Rautaruukki Corporation, Assan Panel, Dana Group, Balex Metal Sp. z o.o., Joris Ide NV, TONMAT Group, Kingspan Jindal Private Limited, Isopan S.p.A., Hoesch Bausysteme GmbH, Romakowski GmbH And Co. KG, Lattonedil S.p.A., Alubel S.p.A., Italpannelli Deutschland GmbH, Metecno Group, Marcegaglia Buildtech S.r.l., Paneltech UAB, Viraat Industries Private Limited, ARPANEL Sp. z o.o., EPACK Prefab Private Limited.

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.

Tariffs are influencing the polyisocyanurate (PIR) insulated sandwich panels market by increasing costs for imported PIR foam cores, metal facings, and insulation materials essential for wall, roof, ceiling, and floor applications. Residential, commercial, industrial, agricultural, and cold storage projects in Asia-Pacific, Europe, and North America are most affected due to reliance on imported materials. However, tariffs are promoting local material production, regional panel manufacturing, and innovation in sustainable, fire-resistant, and energy-efficient panels, enhancing supply chain resilience and product availability.

The polyisocyanurate (PIR) insulated sandwich panels market research report is one of a series of new reports that provides polyisocyanurate (PIR) insulated sandwich panels market statistics, including the polyisocyanurate (PIR) insulated sandwich panels industry global market size, regional shares, competitors with the polyisocyanurate (PIR) insulated sandwich panels market share, detailed polyisocyanurate (PIR) insulated sandwich panels market segments, market trends, opportunities, and any further data you may need to thrive in the polyisocyanurate (PIR) insulated sandwich panels industry. This polyisocyanurate (PIR) 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.

Polyisocyanurate (PIR) insulated sandwich panels are building panels consisting of a rigid PIR foam core sandwiched between two outer metal layers. These panels are widely used for walls and roofs due to their excellent insulation properties, fire resistance, and combination of strength and lightweight characteristics.

The main product types of polyisocyanurate (PIR) insulated sandwich panels include PIR wall panels, PIR roof panels, PIR ceiling panels, and PIR floor panels. PIR wall panels are lightweight, fire-resistant insulation boards that improve energy efficiency and drive demand for insulated sandwich panels across various building types. These panels come in multiple thicknesses, such as less than 50 millimeters (mm), 50 to 100 mm, 100 to 150 mm, and over 150 mm, and are distributed through direct sales, distributors, and online channels. They are used in applications including residential, commercial, and industrial buildings, agricultural structures, and cold storage facilities. Key end-user industries include construction, food and beverage, pharmaceuticals, logistics and warehousing, and aerospace.North America was the largest region in the polyisocyanurate (PIR) insulated sandwich panels market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in polyisocyanurate (PIR) insulated sandwich panels report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the polyisocyanurate (PIR) insulated sandwich panels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The polyisocyanurate (PIR) insulated sandwich panels market consists of sales of wall cladding panels, cold storage panels, cleanroom panels, and aesthetic exterior 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.

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