Press release
Sandwich Panel Market to Reach USD 5.21 Billion by 2030, Growing at a CAGR of 7.12%
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐ญ๐จ ๐๐๐๐๐ก ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐ญ ๐ ๐๐๐๐ ๐จ๐ ๐.๐%The global Sandwich Panel Market was valued at USD 11.02 billion in 2023 and is expected to grow at a CAGR of 6.7%, reaching approximately USD 19.67 billion by 2030. The growth of this market is driven by the increasing demand for energy-efficient and cost-effective building materials, as well as the expansion of the construction and infrastructure sectors globally.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ง๐๐ซ๐ ๐ฒ-๐๐๐๐ข๐๐ข๐๐ง๐ญ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ : Sandwich panels provide superior insulation and energy efficiency, making them ideal for construction projects aiming for sustainable development.
๐๐จ๐ฌ๐ญ-๐๐๐๐๐๐ญ๐ข๐ฏ๐ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง : These panels offer cost savings in terms of material usage and labor costs, making them an attractive option for both residential and commercial buildings.
๐๐ฑ๐ฉ๐๐ง๐๐ข๐ง๐ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ ๐๐ซ๐จ๐ฃ๐๐๐ญ๐ฌ : Rapid urbanization and growth in the construction sector, especially in emerging economies, are significant factors driving the demand for sandwich panels.
๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐: ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐ ๐ข๐ง ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง
In the US, the sandwich panel market is witnessing significant growth, primarily driven by the increasing use of sandwich panels in commercial and industrial buildings. The market is expected to be further fueled by rising demand for energy-efficient construction materials, which is being supported by government regulations and incentives for sustainable building practices. Companies such as Kingspan Group, Nucor Corporation, and ArcelorMittal are key players contributing to the growth of this market in the region, with strategic expansions and innovations aimed at improving insulation and fire resistance.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐๐๐ญ๐จ๐ซ
Vietnam is experiencing rapid urbanization, and the demand for sandwich panels is growing steadily, especially in the construction of commercial and industrial buildings. The Vietnamese government's focus on sustainable development and eco-friendly construction materials is expected to further boost the adoption of sandwich panels. Companies like Vietsteel, Tan Son Nhut Industrial Park, and Hoa Sen Group are leading the way in introducing sandwich panels into the local market. With the construction boom in Vietnam's urban areas, sandwich panels offer an affordable, durable, and energy-efficient solution to building requirements.
๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ง๐จ๐ฐ : https://www.maximizemarketresearch.com/request-sample/10807/
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐ ๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐๐๐ฌ๐ข๐๐๐ง๐ญ๐ข๐๐ฅ ๐๐ง๐ ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐๐๐ญ๐จ๐ซ๐ฌ
In Thailand, the sandwich panel market is witnessing growth, especially in the residential and commercial sectors, as the demand for energy-efficient building materials increases. Companies such as Tata Steel, Siam Cement Group, and Thai Steel are expanding their offerings of sandwich panels to cater to the growing need for environmentally friendly and cost-effective construction materials. The Thai government's push for green buildings and eco-friendly construction practices is expected to continue driving the demand for sandwich panels.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐๐๐ฉ๐๐ง: ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐
Japan is seeing a steady rise in the demand for sandwich panels due to increasing construction projects in the commercial, residential, and industrial sectors. Technological advancements in manufacturing processes have led to more efficient production methods for sandwich panels, helping companies reduce costs and improve product quality. JFE Steel Corporation and Sumitomo Corporation are some of the key players in the Japanese market, investing in R&D to develop more advanced and durable sandwich panels. Additionally, collaborations and partnerships in the region are enhancing product innovation and market reach.
๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ
The South Korean sandwich panel market is growing due to an increasing need for energy-efficient and cost-effective solutions in industrial applications, such as factories, warehouses, and cold storage. The rise in demand for prefabricated buildings and modular construction solutions is further propelling the market. Hyundai Steel and Dongbu Steel are two prominent players in the region, offering advanced sandwich panels for various industrial applications. The demand for sandwich panels in South Korea is expected to rise further as the country continues to expand its industrial and infrastructure sectors.
๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐๐จ-๐ ๐ซ๐ข๐๐ง๐๐ฅ๐ฒ ๐๐ง๐ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง
In Singapore, the sandwich panel market is evolving with a greater emphasis on sustainable and eco-friendly construction. With an increasing focus on reducing carbon emissions and energy consumption, sandwich panels are gaining traction due to their superior insulation properties. Singapore's government has been a key proponent of green building standards, with initiatives like the Building and Construction Authority's Green Mark Scheme, which has led to higher adoption of sustainable building materials. Companies such as Kingspan and Jindal Steel are investing in product innovation to meet the growing demand for energy-efficient sandwich panels in the region.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐: ๐ ๐ ๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐๐ซ๐๐๐ง ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐๐ง๐ข๐ญ๐ข๐๐ญ๐ข๐ฏ๐๐ฌ
In Europe, the sandwich panel market is experiencing steady growth, particularly in the construction of energy-efficient buildings. The EU's commitment to reducing carbon emissions and promoting sustainable building practices has boosted the demand for sandwich panels. The UK, Germany, and France are the key countries in the region driving the market due to a focus on energy-efficient construction and the growing trend of industrial and commercial building refurbishments. Companies like ArcelorMittal, Metecno, and Ruukki are leading the way in Europe, offering high-performance sandwich panels with enhanced thermal insulation properties.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/10807/
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ค๐๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ ๐๐๐ซ๐ค๐๐ญ :
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐๐ฒ๐ฉ๐
Expanded polystyrene (EPS) panels
Polyurethane (PU) Panels
Glass wool panels
PF panels
Others
๐๐ฒ ๐๐จ๐ฎ๐ง๐ญ๐ข๐ง๐ ๐๐ฒ๐ฉ๐
Wall Panels
Roof Panels
Facade Panels
Others
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Aircraft
Transportation and Automotive
Construction
Cold rooms
Packaging
Others
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ : @https://www.maximizemarketresearch.com/market-report/global-sandwich-panel-market/10807/ ๏ปฟ
๐๐๐๐ซ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ ๐๐๐ซ๐ค๐๐ญ :
1. Building Component Solutions LLC.,
2. Multicolor Steels (India) Pvt. Ltd.
3. Pioneer Coldstore & Cladding Pvt. Ltd.
4. Arcelor Mittal Construction
5. Areco, Pt.
6. Kyung Heung Indonesia
7. Dalal Steel Industries sarl
8. Vibgyor Steel
9. Alubel Spa
10.Balex Metal SP Z.O.O.
11. Fischer Profil GmbH
12. Safal Group
13. Paroc Group
14. SHMICO
15. Rautaruukki Corporation
16. DANA Group of Companies
17. INVESPANEL SL
18. Kingspan Group
19. Nucor Corporation
20. Assan Panel A.S.
21. Hoesch Siegerlandwerke GmbH
22. ArcelorMittal S.A.
๐๐๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ง๐๐ฐ๐ข๐๐ก ๐๐๐ง๐๐ฅ ๐๐๐ซ๐ค๐๐ญ :
What is Sandwich Panel ?
What is the growth rate of the Sandwich Panel Market?
Which are the factors expected to drive the Sandwich Panel market growth?
What is the CAGR at which the Sandwich Panel market will grow during the forecast period?
What are the different segments of the Sandwich Panel Market?
Which is the fastest growing region in the Sandwich Panel market?
What growth strategies are the players considering to increase their presence in Sandwich Panel ?
What are the upcoming opportunities and trends for the Sandwich Panel Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Sandwich Panel Market?
Who are the leading companies and what are their portfolios in Sandwich Panel Market?
What segments are covered in the Sandwich Panel Market?
Who are the key players in the Sandwich Panel market?
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/10807/
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ.
Past Size and Competitive Landscape
โข Past Pricing and price curve by region
โข Size, Share, Size Forecast by different segment
โข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Segmentation A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape Profiles of selected key players by region from a strategic perspective
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
โฆ Cider Market https://www.maximizemarketresearch.com/market-report/global-cider-market/27300/
โฆ India Gem & Jewellery Market https://www.maximizemarketresearch.com/market-report/india-gem-jewellery-market/122565/
โฆ India Bottled Water Market https://www.maximizemarketresearch.com/market-report/india-bottled-water-market/20197/
โฆ India Smart Home Installation Service market https://www.maximizemarketresearch.com/market-report/india-smart-home-installation-service-market/41757/
โฆ Global Upstream Petrotechnical Training Services Market https://www.maximizemarketresearch.com/market-report/global-upstream-petrotechnical-training-services-market/41423/
โฆ Global Ambient Light Sensor Market https://www.maximizemarketresearch.com/market-report/global-ambient-light-sensor-market/62760/
โฆ Global Body Scrub Products Market https://www.maximizemarketresearch.com/market-report/global-body-scrub-products-market/108141/
โฆ Global Safety Eyewear Market https://www.maximizemarketresearch.com/market-report/global-safety-eyewear-market/111306/
โฆ Digital Out of Home (DOOH) Market https://www.maximizemarketresearch.com/market-report/digital-out-of-home-dooh-market/146851/
โฆ Temporary Power Market https://www.maximizemarketresearch.com/market-report/global-temporary-power-market/105417/
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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