Press release
Strategic Analysis of the Global Sandwich Panels Market, Forecast to 2031
Global market for sandwich panels during the forecast period. Surge in industrialization and urbanization across the globe is augmenting the demand for fast construction services. This has led to an increase in demand for sandwich panels across the globe. Sandwich panels allow easy transportation of temperature-sensitive products and offer various other operational benefits. These panels are made of highly recycled materials such as mineral wool and polyurethane, which help reduce carbon emission, and are more energy efficient during the construction phase. Market players are increasingly investing in R&D to come up with innovative and sustainable products to broaden their revenue streams.๐๐๐ญ ๐๐จ๐ซ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ @ https://www.transparencymarketresearch.com/sandwich-panels-market.html
Sandwich panel consists of a core/insulating material of low density, sandwiched between two layers of metal, bonded under pressure. Various types of sandwich panels are available in the market such as structural insulated panels, insulated metal panels, acoustic sandwich panels, metal-faced insulated panels, sandwich precast concrete panels, sandwich panels for external walls, and sandwich roofing and wall panels. The global sandwich panels market is projected to grow at a steady pace during the forecast period, owing to the expansion of the industrial sector. Increase in adoption of metal-faced insulated panels, steel sandwich panels, roofing sandwich panels, insulated sandwich panels, and aluminum sandwich panels is expected to fuel the sandwich panels market.
๐๐ข๐ฌ๐ ๐ข๐ง ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐จ๐ฅ๐ ๐๐ญ๐จ๐ซ๐๐ ๐ ๐ ๐๐๐ข๐ฅ๐ข๐ญ๐ข๐๐ฌ ๐๐ฎ๐ ๐ฆ๐๐ง๐ญ๐ข๐ง๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Sandwich panels are extensively used in cold storage facilities due to their cost-effectiveness and sustainable benefits. Demand for transport and storage of temperature-sensitive products is rising across the globe. Sandwich panel for cold stores is made out of two pre-lacquered and profiled galvanized steel sandwich sheets. It contains an insulating core made of stiff high-density core material. This composition allows excellent thermal insulation and ensures strong performance over the extended life of refrigeration panels. The number of cold storage facilities aimed at extending and ensuring the shelf life of fresh agricultural products, seafood, frozen food, etc. is increasing at a rapid pace across the globe. Growth in number of multinational corporations in food retail chains is boosting the demand for cold storage facilities. Additionally, consumers are increasingly opting for online purchase of grocery items. This is driving the demand for cold storage facilities, thereby fueling the global sandwich panels market.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=78991
๐๐ง๐๐ซ๐๐๐ฌ๐ ๐ข๐ง ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐ ๐๐ฌ๐ญ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Demand for sandwich panels is increasing among real estate developers and architects across the globe. Sandwich panels are multilayer structures that can be widely used in the construction industry due to their numerous advantages and insulation properties. Installation of sandwich panels is fast, less complicated, and less expensive. Growth in various industries, rise in construction of homes in developing countries, and infrastructure development across the globe are creating lucrative opportunities for players operating in the global sandwich panels market. Large number of developing countries are implementing long-term infrastructure improvement projects that require building materials such as sandwich panels.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ซ๐๐๐๐ซ๐๐ง๐๐ ๐๐จ๐ซ ๐๐ฎ๐ซ๐๐๐ฅ๐, ๐๐ข๐ ๐ก๐ญ๐ฐ๐๐ข๐ ๐ก๐ญ, ๐๐ง๐ ๐๐ข๐ ๐ก-๐๐๐ง๐ฌ๐ข๐ญ๐ฒ ๐๐จ๐ฅ๐ฒ๐ฎ๐ซ๐๐ญ๐ก๐๐ง๐ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ฌ
In terms of core material, the global sandwich panels market has been divided into polyurethane (PUR), mineral wool, expanded polystyrene (EPS), polyisocyanurate (PIR), and others. The polyurethane (PUR) segment dominated the global market in 2021. The segment is expected to maintain its leading position in the market during the forecast period. Polyurethane (PUR) is a preferred core material in end-use industries due to its various advantages and applications. The material is extremely durable, lightweight, and resistant to extreme weather conditions. Polyurethane (PUR) is a high-density material that is used in sandwich panels. Increase in preference for polyurethane (PUR) material among end-users can be ascribed to its durability and economical price.
๐๐๐ญ ๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=78991
๐๐ข๐๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐จ๐ ๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ๐ฌ ๐ข๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ
Based on end-use, the global sandwich panels market has been segmented into residential building, commercial building, industrial building, cold storage, and others. The industrial building segment held the major share of the global sandwich panels market in 2021. The segment is projected to maintain its leading position during the forecast period due to the growth in infrastructure development activities around the world. Several key players are expanding their production facilities and warehouses to meet the increasing demand for sandwich panels among customers. Sandwich panels are primarily used in industrial building construction. Growth in pharmaceutical and food & beverage industries is also expected to offer lucrative opportunities to market players during the forecast period.
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Rohit Bhisey
Transparency Market Research Inc.
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