North America Sandwich Panel Market Growth, Overview with Detailed Analysis 2021-2028 | Arcelormittal, Assan Panel, Isopan, Italpannelli S.R.L., Kingspan Group

The sandwich panel market in North America is expected to grow from US$ 605.13 million in 2021 to US$ 953.59 million by 2028; it is estimated to grow at a CAGR of 6.7% from 2021 to 2028.

"North America Sandwich Panel Market" study by The Business Market Insights provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.

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Sandwich panels are increasingly used in many commercial settings, including large refrigeration areas. They are also ideal for warehouses to store sensitive items that need to be kept at a steady temperature, such as frozen products and other temperature-sensitive items. Increasing urbanization and rising retail food processing demand for products that need efficient cold storage facilities. Furthermore, during the COVID-19 pandemic, increased online grocery sales and expanded e-commerce channels resulted in the need to expand cold storage facilities.

Leading North America Sandwich Panel Market Players:
 Arcelormittal
 Assan Panel
 Dana Group of Companies
 Isopan
 Italpannelli S.R.L.
 Kingspan Group
 Lattonedil
 Multicolor Steels India Pvt Ltd.
 Tata Steel
 Zhongjie Group

Sandwich panels are used in refrigerated trucks, also known as reefer trailers, for transporting temperature-sensitive items. Reefer vehicles maintain temperature throughout the supply chain to ensure that the product reaches the consumers in a fresh condition. Most cold chain products are transported through reefer vehicles in many developed countries. With the growth in the food service industry, the demand for reefer trucks is also increasing. The growing demand for ready-to-eat/cook, dairy products, and pharma items is propelling the demand for these reefer trucks, in turn, creating the need for sandwich panels.

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North America sandwich panel market is segmented into material, application, end use, and country. Based on type, the North America sandwich panel market is segmented into polyurethane, polyisocyanurate, mineral wool, and others. The others segment held the largest share in the North America sandwich panel market in 2020. Based on application, the North America sandwich panel market has been segmented into wall panels, roof panels, and others. The wall panels segment held the largest share in the North America sandwich panel market in 2020. Based on end use, the North America sandwich panel market is segmented into residential and non-residential. The non-residential segment held a larger share in the North America sandwich panel market in 2020. Based on country, the North America sandwich panel market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2020.

The report is a combination of qualitative and quantitative analysis of the North America Sandwich Panel Market. The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.

Reason to Buy
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the regional North America Sandwich Panel Market
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• The key findings and recommendations highlight crucial progressive industry trends in the North America Sandwich Panel Market, thereby allowing players to develop effective long term strategies in order to garner their market revenue.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth regional market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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