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Sandwich Panel Market Size to Reach USD 4,256.62 million by 2028 by Analyzing Global Demand and Growth

06-30-2023 06:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Sandwich Panel Market

Sandwich Panel Market

The sandwich panel market was valued at US$ 2,711.11 million in 2021 and is projected to reach US$ 4,256.62 million by 2028; it is expected to grow at a CAGR of 6.7% from 2021 to 2028.Sandwich panels have become increasingly popular in the construction industry due to their unique properties and benefits. Sandwich panels are made up of three layers: two outer layers and a core material. The core material is usually made of a lightweight material like foam, honeycomb, or balsa wood, while the outer layers are made of more durable materials like aluminum or steel.

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Companies Profiled in this report includes:

Kingspan Group
Assan Panel
Isopan
Tata Steel
ArcelorMittal
Attonedil
Italpanneli S.R.L
DANA Group of Companies
Zhongjie Group
Multicolor Steel India Pvt. Ltd.

The demand for sandwich panels has been growing steadily due to their versatility, durability, and energy efficiency. Sandwich panels are used in a variety of applications, including building facades, roofs, walls, and floors. They are also used in the transportation industry for the construction of aircraft, buses, and trains.

The growth in demand for sandwich panels can be attributed to several factors, including their high strength-to-weight ratio, excellent insulation properties, and ease of installation. Additionally, sandwich panels are known for their energy efficiency, which has become increasingly important in recent years as people have become more conscious of the need to reduce energy consumption and carbon emissions.

Overall, the growth and demand for sandwich panels is expected to continue to rise as they become more widely used in the construction and transportation industries.

Global Sandwich Panel Market

Material
Polyurethane
Polyisocyanurate
Mineral Wool
Others
Application
Wall Panels
Roof Panels
Others
End Use
Residential
Non-Residential

By geography, the sandwich panel market is broadly segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South and Central America. North America includes countries like the US, Canada, and Mexico. Europe includes Germany, France, the UK, Italy, Russia, and the Rest of Europe. Asia Pacific includes China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The Middle East & Africa (MEA) includes South Africa, Saudi Arabia, UAE, and the Rest of MEA. South and Central America includes Brazil, Argentina, and the Rest of South and Central America.

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Contact Us:

If you have any queries about this report or if you would like further information, please

Contact Person: Ankit Mathur

Sr. Vice President - Research

sales@theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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