Global Sandwich Panel Market Size To Reach 6% CAGR
Pune, India, October 25, 2021 (GLOBE NEWSWIRE) – According to expert analysts around the world sandwich panels market is expected to show a compound annual growth rate of 6% over 2021-2027, driven by increasing demand for PVDF-based aluminum composite panels and expanding cold storage applications for structural insulation panels.
The document also lists the challenges facing the industry and suggests potential solutions to address them. It also recognizes key revenue-generating aspects and helps companies explore current and untapped market opportunities to increase their revenue streams.
Finally, it offers a systematic presentation of the competitive landscape of the field, by elaborating on the large companies and the winning strategies adopted by them.
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Citing one example, the construction and development of cold stores has increased in China, mainly in fruit and vegetable growing areas and vegetable bases in the suburbs of large and medium-sized cities, such as Shanghai, and provinces, such as Zhejiang, Jiangsu, Hubei, and Henan.
According to a government announcement released in February 2019, China intends to improve cold storage and logistics facilities for agricultural products over the next four years. In addition, the European Cold Storage and Logistics Group (ECSLA) cites that the association includes 370 companies across Europe that operate 1,240 cold storage facilities with a total capacity of 60 million cubic meters of storage. chilled and frozen.
For the non-specialist, sandwich panels are made by mixing layers of coating metals with insulating chemicals and binders to create constructions or building materials. Three layers consist of a low density core and a thin layer of skin attached on both sides.
These panels can protect the interior from noise, weather and fires that break out unexpectedly. They are effective insulation and temperature control solutions that are also attractive. These panels are used in a number of applications due to their durability, structural integrity and exceptional insulating characteristics.
Talking about factors limiting the expansion of the global sandwich panel industry, the negative impact of the COVID-19 pandemic and the poor fire performance of some panels are expected to present major challenges for companies operating in this field.
Perspectives of the regional landscape
Senior analysts cite that North America is expected to become a key avenue for market players in the years to come, due to the booming construction industry in the region.
On the other hand, the Asia-Pacific industry is expected to register significant growth over the next six years, with China leading the way. The country boasts of the largest economy in terms of gross domestic product and has a robust growth rate.
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Global Sandwich Panel Market by Base Material (Value, USD Billion, 2018-2027)
- Expanded polystyrene (EPS)
- Mineral wool
- Polyurethane (PUR)
- Polyisocyanurate (PIR)
Global Sandwich Panel Market by Skin Material (Value, USD Billion, 2018-2027)
- Fiberglass Reinforced Panel (FRP)
- Continuous Fiber Reinforced Thermoplastics (CFRT)
Global Sandwich Panel Market by Application Spectrum (Value, USD Billion, 2018-2027)
- Insulated panels
- Roof panels
- Wall panels
Global Sandwich Panel Industry by End-Use Scope (Value, USD Billion, 2018-2027)
- Institutional and Infrastructure
Regional bifurcation of the global sandwich panels market (value, USD billion, 2018-2027)
- Great Britain
- The rest of europe
- South Korea
- Rest of Asia-Pacific
Rest of the world
Key players in the global sandwich panel market (value, USD billion, 2018-2027)
- Safal Group
- Kingspan plc group
- Assan panel Industry and commerce inc.
- Rautaruukki Company
- Italpannelli SRL
- Multicolored Steels (India) Pvt. Ltd.
- Dana Group of Companies
- Cornerstone Building Brands Inc.
- ArcelorMittal SA
- Construction Component Solutions LLC
Chapter 1. Executive summary
1.1. Market Snapshot
1.2. Global and Segmental Market Estimates and Forecasts, 2019-2027 (USD Billion)
1.2.1. Sandwich Panel Market, by Region, 2019-2027 (USD Billion)
1.2.2. Sandwich Panel Market, by Base Material, 2019-2027 (USD Billion)
1.2.3. Sandwich Panel Market, By Skin Material, 2019-2027 (USD Billion)
1.2.4. Sandwich Panel Market, by Application, 2019-2027 (USD Billion)
1.2.5. Sandwich Panel Market, by End-Use Sectors, 2019-2027 (USD Billion)
1.3. Key trends
1.4. Estimation methodology
1.5. Research hypothesis
Chapter 2. Definition and Scope of Global Sandwich Panel Market
2.1. Goal of the study
2.2. Definition and scope of the market
2.2.1. Scope of the study
2.2.2. Evolution of the industry
2.3. Years taken into account for the study
2.4. Currency conversion rates
Chapter 3. Global Sandwich Panel Market Dynamics
3.1. Sandwich Panel Market Impact Analysis (2019-2027)
3.1.1. Market factors
22.214.171.124. Growing demand for PVDF-based aluminum composite panels
126.96.36.199. Growing Cold Storage Applications for Structural Insulation Panels
3.1.2. Market restriction
188.8.131.52. Impact of the COVID-19 pandemic
184.108.40.206. Fire behavior of certain sandwich panels
3.1.3. Market opportunities
220.127.116.11. Increase in infrastructure projects
Chapter 4. Global Sandwich Panel Market Industry Analysis
4.1. Model 5 Force de Porter
4.1.1. Bargaining power of suppliers
4.1.2. The bargaining power of buyers
4.1.3. The threat of new participants
4.1.4. The threat of substitutes
4.1.5. Competitive rivalry
4.1.6. Futuristic approach to Porter’s 5 forces model (2018-2027)
4.2. PEST analysis
4.3. Investment adoption model
4.4. Analyst’s recommendation and conclusion
Chapter 5. Global Sandwich Panel Market, By Base Material
5.1. Market Snapshot
5.2. Global Sandwich Panel Market by Base Material, Performance – Potential Analysis
5.3. Global Sandwich Panel Market Estimates & Forecasts by Base Material 2018-2027 (USD Billion)
5.4. Sandwich Panel Market, Sub-Segment Analysis
5.4.1. Polyurethane (PUR)
5.4.2. Polyisocyanurate (PIR)
5.4.3. Mineral wool
5.4.4. Expanded polystyrene (EPS)
5.4.5. Other basic materials
Chapter 6. Global Sandwich Panel Market, By Skin Material
6.1. Market Snapshot
6.2. Global Sandwich Panel Market by Skin Material, Performance – Potential Analysis
6.3. Global Sandwich Panel Market Estimates & Forecasts by Skin Material 2018-2027 (USD Billion)
6.4. Sandwich Panel Market, Sub-Segment Analysis
6.4.1. Continuous Fiber Reinforced Thermoplastics (CFRT)
6.4.2. Fiberglass Reinforced Panel (FRP)
6.4.5. Other skin materials
Chapter 7. Global Sandwich Panel Market, By Application
7.1. Market Snapshot
7.2. Global Sandwich Panel Market by Application, Performance – Potential Analysis
7.3. Global Sandwich Panel Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
7.4. Sandwich Panel Market, Sub-Segment Analysis
7.4.1. Wall panels
7.4.2. Roof panels
7.4.3. Insulated panels
7.4.4. Other applications
Chapter 8. Global Sandwich Panel Market, By End Use Sector
8.1. Market Snapshot
8.2. Global Sandwich Panel Market by End Use Industry, Performance – Potential Analysis
8.3. Global Sandwich Panel Market Estimates & Forecasts by End-Use Industry 2018-2027 (USD Billion)
8.4. Sandwich Panel Market, Sub-Segment Analysis
8.4.4. Institutional and Infrastructure
Chapter 9. Global Sandwich Panel Market, Regional Analysis
Metal Structural Insulation Panel Market Size, Share and Forecast to 2024
The Metal Structural Insulation Panels market size is expected to grow at a CAGR of over 3.5% through 2024; according to new research report. The rapid industrialization coupled with the expansion of the cold storage industry is stimulating the market for structural metal insulating panels. Increasing demand for frozen and processed foods due to busy lifestyles, changing food preferences and ease of cooking is increasing the demand for cold storage applications. According to Global Cold Chain Alliance (GGCA), global cold storage capacity increased to 616 million m3 in 2018.
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