Press release
Sandwich Panel Market Comprehensive Analysis and Future Estimations by 2028
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 are widely used to provide effective insulation and temperature control while also meeting aesthetic requirements. These panels are commonly used in a variety of settings including shopping malls, sports facilities, cold storage units, warehouses, commercial and industrial buildings, and transportation.
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Analysis of the Top Market Players:
1. Kingspan Group
2. Assan Panel
3. Isopan
4. Tata Steel
5. Arcelormittal
6. Lattonedil
7. Italpannelli S.R.L.
8. Dana Group of Companies
9. Zhongjie Group
10. Multicolor Steels India Pvt Ltd.
In this report, the market has been segmented on the basis of:
Material (Polyurethane, Polyisocyanurate, Mineral Wool, and Others)
Application (Wall Panels, Roof Panels, and Others)
End Use (Residential and Non-Residential)
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Based on application, the sandwich panel market is segmented into wall panels, roof panels, and others. The wall panels segment held the largest share of the global sandwich panel market in 2020. It is anticipated to dominate the application segment during the forecast period due to the rise in demand for soundproof walls in various offices and food manufacturing facilities.
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