Global Sandwich Panels Market Anticipated to Expand Rapidly From 2025 to 2029
| Use Code ONLINE20 to Save 20% On Global Market Reports – Gain Access to Trusted Market Data, Growth Indicators, and Industry Analytics What Are the Key Growth Indicators and Market Expansion Estimates for the Sandwich Panels Market Through 2029? The sandwich panels market size has grown strongly in recent years. It will grow from $16.99 billion in 2024 to $18.3 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to growing construction industries worldwide, rising per capita income, continued urbanization, rapid urbanization and infrastructural development, shifts toward sustainable architecture and design. The sandwich panels market size is expected to see strong growth in the next few years. It will grow to $23.81 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to increase in large-scale infrastructure projects, enhanced focus on sustainable building practices, adoption of advanced manufacturing processes and automation, expansion of the construction industry in emerging markets. Major trends in the forecast period include growing popularity of aluminum and steel skin materials, expansion of applications beyond traditional building constructions, increased collaboration between suppliers and contractors. Get your free report sample today: https://www.thebusinessresearchcompany.com/sample.aspx?id=14485&type=smp Which Key Drivers Are Fueling Growth in the Sandwich Panels Market? Increased demand in construction is expected to propel the growth of the sandwich panels market going forward. Construction involves the process of creating a design for a structure at a specific location and then assembling various components to construct that structure. Due to growing urbanization and population growth, there is a growing demand for infrastructure, housing, and commercial space. Sandwich panels are utilized in construction, due to their emphasis on sustainability and energy efficiency which enhances quick building solutions. For instance, according to the Office for National Statistics, monthly construction output is estimated to have increased 2.4% in volume terms in February 2023. Therefore, the increased demand for construction is driving the growth of the sandwich panels market. How Is the Sandwich Panels Market Categorized Based on Key Segments? The sandwich panels market covered in this report is segmented – 1) By Core Material: Polyurethane, Polyisocyanurate, Mineral Wool, Expanded Polystyrene 2) By Skin Material: Continuous Fiber Reinforced Thermoplastics (CFRT), Fiberglass Reinforced Panel (FRP), Aluminum, Steel 3) By Application: Wall Panels, Roof Panels, Insulated Panels 4) By End-Use: Residential, Commercial, Industrial, Institutional And Infrastructure Subsegments: 1) By Polyurethane (PUR): Rigid Polyurethane Foam Core, Flexible Polyurethane Foam Core 2) By Polyisocyanurate (PIR): PIR Foam Core, Rigid PIR Core Panels 3) By Mineral Wool: Rock Wool Core Panels, Glass Wool Core Panels 4) By Expanded Polystyrene (EPS): White EPS Core Panels, Grey EPS Core Panels What New Market Trends Are Emerging in the Sandwich Panels Market? Major companies operating in the sandwich panel market are developing innovative technology, such as sandwich panel design automation, to increase profitability. Sandwich panel design automation refers to using automated processes, tools, and software to design and manufacture sandwich panels. For instance, in January 2022, AGACAD, a US-based software company, launched sandwich panel design automation for Revit. Sandwich panel design automation for Revit aims to close a significant gap in the market for building information modeling (BIM) tools by facilitating the quick production of highly detailed insulated panels with any supporting framework and converting an architectural Revit model into a precise sandwich panel structural model. Who Are the Leading Market Participants in the Sandwich Panels Market? Major companies operating in the sandwich panels market are ArcelorMittal S.A., Dana Group, Marcegaglia, Kingspan Group, Nucor Corporation, TATA Steel, NCI Building Systems, Assan Panel, Arconic Inc., Fischer Profil GmbH, Lattonedil, Isopan, Italpannel S.R.L, Multicolor Steel India Pvt. Ltd., Premier Building System Inc., Jiangsu Jingxue Insulation Technology Co. Ltd., Zhong Jie Group, Building Component Solutions LLC, Metecno, Romakowski GmbH & Co. KG, InGreen Systems, 3A Composites, Arpanel, Extreme Panel Technologies Inc Get the detailed sandwich panels market report today https://www.thebusinessresearchcompany.com/report/sandwich-panels-global-market-report Which Regions Are Driving the Highest Demand in the Sandwich Panels Market? North America was the largest region in the sandwich panels market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sandwich panels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. #Contact Us:# The Business Research Company https://thebusinessresearchcompany.com/ Americas +1 310-496-7795 Asia +44 7882 955267 & +91 8897263534 Europe +44 7882 955267 Email: info@tbrc.info #Follow Us On:# LinkedIn: https://in.linkedin.com/company/the-business-research-company |
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