Sandwich Panels Market – Global Opportunities & Forecast, 2020-2027

 

The market research offers historical and forecasts market data, demand, segmentation, price trends, and company shares of the leading players. The report splits the market size, by volume and value, on the basis of core material, skin material, application, end-use sector, and geography. First, this report covers the present status and the future prospects of the market over the forecast period. And in this report, we analyze the global market from 4 geographies: Asia-Pacific, Europe, North America, and Rest of the World. At the same time, we have classified the Sandwich Panels Market according to the core material, skin material, application, end-use sector, and by regions.

Competitive Landscape: The Sandwich Panels Market report also scans the competitive landscape and profiles the major players operating in the market, including ITALPANNELLI SRL, ArcelorMittal Construction, Building Component Solutions LLC, Assan Panel A.S., Cornerstone Building Brands, Kingspan Group, DANA Group of Companies, Multicolor Steels (India) Pvt Ltd., Rautaruukki Corporation, and Areco.

Sandwich Panels Market drivers:

The global sandwich panels market is expected to witness strong demand in recent years. This is mainly due to the continuous increase in the construction sector globally, which is growing the adoption of sandwich panels to construct buildings. Moreover, the rising number of infrastructural projects, particularly in the developing and developed countries, will further boost the growth of the market during the forecast period. The growing focus on the construction of special economic zones and commercial buildings owing to the rapid industrialization is another factor that will motivate the end-users to opt for sandwich panels during the forecast period. Various leading players are launching sandwich panels for the industrial and commercial construction segment. For instance, Alucoil has introduced Larcore ®, a sandwich panel with honeycomb core and aluminum skins agencies in a continuous industrial process.

The growing cold storage application of structural insulated panels is a major factor bolstering the growth of the market during the forecast period. The sandwich panel is material made by mixing the layers of metals with protecting materials. They offer high durability and fast installation as it has easy design, thus making it a more feasible choice compared to the traditional roof panels. On the other edge of the spectrum, the variations in the prices of raw materials will hinder the growth of the market during the forecast period. With the emergence of the COVID-19 pandemic, the construction sector worldwide has been adversely impacted, especially in 2020. This factor has decreased the demand for sandwich panels; however, the market is expected to grow in 2021 while increasing at a sustainable rate from 2021 onwards.

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The study objectives of this report are:

1.       To analyze the global region’s market potential and advantages, opportunity and challenge, restraints and risks.

2.       To identify significant trends and factors driving or inhibiting market growth.

3.       To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

Sandwich Panels Market Segmentation:

By Core Material:

·         Polyurethane (PUR)

·         Polyisocyanurate (PIR)

·         Mineral Wool

·         Expanded Polystyrene (EPS)

·         Other Core Materials

By Skin Material:

·         Continuous Fiber Reinforced Thermoplastics (CFRT)

·         Fiberglass Reinforced Panel (FRP)

·         Aluminum

·         Steel

·         Other Skin Materials

By Application:

·         Wall Panels

·         Roof Panels

·         Insulated Panels

·         Other Applications

By End-use Sector:

·         Residential

·         Commercial

·         Industrial

·         Institutional and Infrastructure

By Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

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