Paneltim

What Paneltim does

Paneltim is a Belgian, family-owned manufacturer of structural hollow chamber plastic panels, founded in 1997 and led by CEO Annelies Deltour. The company produces panels from polypropylene copolymer (PP COPO) and high-density polyethylene (HDPE) using engineered cellular geometries — Multipower (50x50mm, the strongest), Lightweight (100x50mm), Ultralight (100x100mm), antislip, (Double) Venti for ventilation, Tripower (a US-made 75x75mm variant), Paneltim Base (laminated PES), and InterConnected (open cell) — alongside the newer EPP insulation line that delivers approximately 4x the thermal R-value of standard panels and is 100% recyclable. Production runs from facilities in Belgium and the United States (Novi, Michigan, opened 2019 with production scaled in 2024), under ISO 9001:2015 certification and with a verified Environmental Product Declaration under CEN EN15804:2012+A2:2019 (valid June 2023 to June 2028). Sustainability is operationally embedded: 50% of panels incorporate 100% recycled materials, and a Buy Back Program recovers end-of-life panels for re-use into the manufacturing stream.

The company operates a sales-led, B2B hardware-sales model and serves customers in 40+ countries across five verticals — Custom Architecture (including the Paneltim Base plunge pool featured at NOA's City Pavilion in Kruisem), Liquid Applications (tanks, pools, water treatment), Infrastructure (floors, partitions, containers), Air Treatment (HVAC, ventilation, biogas plants), and Animal Housing (cattle, pig, goat, poultry, dog). Distribution combines direct sales teams in Belgium and the United States with international distributors, supported by presence at trade shows such as K-Messe, WEFTEC, IAPD ConnecX, Aquarama, and Paysalia. Paneltim also participates in the EU PV RESILIENCE consortium project (1 August 2025 to 31 July 2028, coordinated by TNO with 11 partners) and was recognized as a VOKA Charter Duurzaam Ondernemen laureate in 2025, both of which reinforce its positioning as a partner in sustainable construction. The company is privately held, employs 51–100 people, and reports 27+ years of brand reputation.

Name

Paneltim

Legal name

Paneltim nv

Website

https://paneltim.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

51–100 employees

Short description

Paneltim is a Belgian family-owned manufacturer of structural hollow chamber plastic panels (PP COPO and HDPE), serving industrial and construction customers across 40+ countries in five segments: architecture, liquid containment, infrastructure, air treatment, and animal housing.

Ownership category

akta.pro rank

Product category

Plastic Building Materials

NAICS

Laminated Plastics Plate, Sheet (except Packaging), and Shape Manufacturing (326130)

SIC

Miscellaneous Plastics Products (3080)

akta.pro primary industry

Structural Insulated Panels (SIP) & Foam-Core Composite Panel Manufacturing (IMANAIAK)

akta.pro secondary industry

Sandwich Panels & Core Materials (Foam, Balsa, Honeycomb) (IMAJAKAD)

Keywords

• Structural plastic panels
• Polypropylene sandwich panels
• Industrial plastic panels
• Agricultural plastic panels
• Recyclable building panels

Headquarters

HQ city

Lichtervelde

HQ country

Belgium

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Structural Plastic Panel Sales: Paneltim generates revenue through the development, production, and sale of high-quality structural plastic panels. The company sells directly to customers and through distributors, offering standard尺寸 and custom-made panels for various industrial and agricultural applications.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Paneltim develops and produces high-quality structural plastic sandwich panels from polypropylene copolymer (PP COPO) and high-density polyethylene (HDPE) for industrial, agricultural, and construction applications. Their product portfolio includes nine distinct panel types differentiated by cell structure, thickness, and specialized features, with 100% recyclability and use of up to 50% recycled materials. The company sells standard and custom-made panels with direct sales support in Belgium and the USA, serving customers in more than 40 countries.

Product overview

Paneltim develops and produces high-quality structural plastic sandwich panels for diverse industrial and construction applications. The product portfolio includes nine distinct panel types differentiated by cell structure, thickness, and specialized features. The core range spans Multipower (strongest, 50x50mm cells), Lightweight (standard, 100x50mm cells), Ultralight (lightest, 100x100mm cells), Antislip (non-slip surface), and (Double) Venti (ventilation openings). Specialty products include Tripower (US-manufactured, 75x75mm cells), Paneltim Base (laminated PES layer for custom finishes), InterConnected (open-cell for customization), and EPP (thermally insulated, fully recyclable). Panels are manufactured from polypropylene copolymer (PP COPO) or high-density polyethylene (HDPE), available in 6 standard colors, and are 100% recyclable with zero-waste production principles.

Differentiator

Problem solved

Functional benefit

Products and services

• Multipower The strongest and most rigid structural plastic sandwich panel in the Paneltim range, featuring a 50x50mm internal cell structure providing maximum strength and stiffness. Ideal for demanding applications such as liquid tanks, water treatment installations, and swimming pools.
• Lightweight Lightweight structural plastic panels with a 100x50mm internal cell structure, offering excellent rigidity and resistance to deflection under load. Available in 20mm and 50mm thicknesses for versatile applications in air treatment, trailers, and industrial uses.
• Ultralight The lightest panel in the Paneltim range with a 100x100mm internal cell structure, designed for applications where weight reduction is the absolute top priority such as pump cabins, trailers, and non-load-bearing walls. Standard equipped with UV stabilizers for outdoor use.
• Antislip Anti-slip structural plastic panels combining Multipower strength with a non-slip surface structure. Available in three versions: tread plate, buttons/noppen, and orange peel/peau d'orange. Designed for floor applications requiring hygiene, safety, and durability.
• (Double) Venti Structural plastic panels with vertical openings enabling air circulation without compromising strength. Specially designed for animal housing applications such as stables, with internal double rib allowing separation of closed and open sections without material loss.
• Tripower Lightweight structural plastic panels designed for American partners and their modern construction applications. Features a unique crossed rib cellular structure with 3x3 (75mmx75mm) cells. 100% US-made at Paneltim USA facility in Novi, Michigan, available in 2" and 3/4" thicknesses.
• Paneltim Base Sub-product built on Multipower panel with laminated polyester (PES) backing on both sides, enabling addition of functional or aesthetic external layers. Features a 5-layer symmetrical design with optimal adhesion properties while retaining Multipower core strength. Designed for makers requiring custom surface finishes.
• InterConnected (IC) Structural plastic panels featuring interconnected 100x100mm open cells allowing customizable insulation, reinforcement, and cable management. Middle section has accessible cavities for foam insertion or piping; top and bottom rows have closed cells for secure mounting with L-brackets.
• EPP (Expanded Polypropylene) Structural plastic panel filled with expanded polypropylene cushions, delivering 4x higher thermal R-value (1 m²K/W) than standard Lightweight panels while maintaining 100% recyclability. Crafted entirely from polypropylene materials including both panel structure and insulation cushions for complete circularity.
• Buy Back Program Buy-back program for end-of-life panel recycling, accepting PP and PE materials from agricultural and industrial customers. Supports circular economy initiatives by taking back used panels for material recovery and reuse in production.

Quantifiable outcome

• EPP panels provide 4x higher R-value than standard Lightweight panels
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Ten partnerships are on record, tiered core.

• TNOcoreStrategic or Co-development Partner · 1 August 2025Project coordinator for the Interreg PV RESILIENCE project (01/08/2025 - 31/07/2028), which develops circular and sustainable PV innovations. TNO leads a consortium of 11 partners working on photovoltaic circularity including disassembly, repair, upgrading, reuse, and enhanced sustainability.
• Kamp CcoreStrategic or Co-development Partner · 1 August 2025Partner in Interreg PV RESILIENCE project focusing on circular solar innovations in the cross-border region.
• Biosphere SolarcoreStrategic or Co-development Partner · 1 August 2025Partner in Interreg PV RESILIENCE project contributing to circular solar module development.
• BouwhulpGroepcoreStrategic or Co-development Partner · 1 August 2025Partner in Interreg PV RESILIENCE project focused on building integration of solar solutions.
• imeccoreStrategic or Co-development Partner · 1 August 2025Research partner in Interreg PV RESILIENCE project, contributing expertise in sustainable materials and circular economy.
• RoartiscoreStrategic or Co-development Partner · 1 August 2025Partner in Interreg PV RESILIENCE project working on solar integration solutions.
• SoluxacoreStrategic or Co-development Partner · 1 August 2025Partner in Interreg PV RESILIENCE project focused on modular solar solutions.
• Stichting Zuyd HogeschoolcoreStrategic or Co-development Partner · 1 August 2025Research partner in Interreg PV RESILIENCE project from the Netherlands contributing sustainable energy expertise.
• Technische Universiteit EindhovencoreStrategic or Co-development Partner · 1 August 2025Academic partner in Interreg PV RESILIENCE project contributing research on technology innovation and society aspects.
• Universiteit HasseltcoreStrategic or Co-development Partner · 1 August 2025Academic partner in Interreg PV RESILIENCE project contributing expertise in sustainable materials through IMO-IMOMEC institute.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Kingspan Group: Global leader in insulated panels and building envelope solutions for construction and cold-chain. Highly comparable product category (structural insulated sandwich panels) and overlapping end markets in architecture and infrastructure, but Kingspan operates at vastly larger scale with a broad portfolio beyond plastics panels.
• Atlas Roofing Corporation: Large North American building products manufacturer offering insulation, sheathing, and roofing panels. Overlaps with Paneltim in commercial/industrial construction and infrastructure panel use cases, though Atlas is a much broader incumbent serving construction rather than agriculture.

Direct peers

• DUNA-Corradini: Italian manufacturer of plastic sandwich panels and cellular PP/HDPE panels for industrial, agricultural, and construction applications. Closely comparable to Paneltim in core technology (hollow-chamber cellular structures), materials, and target verticals.
• Dyplast Products: US-based manufacturer of insulated panel products (polyiso and EPS) for commercial construction and cold storage. Comparable as a structural insulated panel manufacturer serving architecture and industrial customer segments, though primarily foam-based rather than PP/HDPE cellular.
• 3A Composites (ALUCOBOND): Global manufacturer of composite panels (ALUCOBOND, FOREX, DIBOND) for architecture, signage, and industrial design. Comparable as a high-performance structural panel supplier serving custom architecture and infrastructure applications with a similar specification-driven go-to-market.
• Nudo Products: US manufacturer of fiberglass-reinforced plastic (FRP) and plastic panels for construction, agriculture, and transportation. Comparable product format (structural plastic panels), similar end markets including agricultural and industrial customers, but uses different core materials (FRP vs. PP/HDPE).

Regional players

• Plasti-Fab: Canadian manufacturer of expanded polystyrene (EPS) insulation products and insulated panels for construction in North America. Comparable as a structural insulated panel manufacturer serving similar building envelope and architectural use cases, primarily in the Canadian/North American market.

Others

• SABIC: Global petrochemical and plastics resin producer (including PP and HDPE grades) that supplies polyolefin raw materials used by Paneltim. Comparable as a plastics industry incumbent whose product and sustainability programs could compete with or supply into Paneltim's vertical.
• Borealis: European polyolefin producer (PP, PE) and owner of Borcycle recycled plastics technology. Relevant both as a potential raw material supplier and as an adjacent plastics manufacturer with circular-economy positioning similar to Paneltim's sustainability story.
• Honeywell International (Performance Materials & Technologies): Diversified industrial conglomerate with materials and building technologies divisions (including thermal/insulation solutions). Comparable as a broad incumbent with potential to enter or compete in high-performance building panel segments where Paneltim operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/paneltim
• Facebookfacebook.com/paneltim
• LinkedInlinkedin.com/company/paneltim

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Paneltim