What is Global Sandwich Panels for Architectural Market?
The Global Sandwich Panels for Architectural Market is a vast and dynamic sector that encompasses a wide range of products used in the construction industry. These panels, often made from materials such as polyurethane (PUR), polyisocyanurate (PIR), expanded polystyrene (EPS), and mineral wool, are used to create walls, roofs, and other architectural elements. The market's value is determined by the demand for these products, which is influenced by factors such as construction trends, technological advancements, and regulatory policies. The global market is highly competitive, with numerous players vying for a share of the pie.
PUR/PIR Sandwich Panels, EPS Sandwich Panels, Mineral Wool Sandwich Panels, Other in the Global Sandwich Panels for Architectural Market:
Diving deeper into the types of sandwich panels, PUR/PIR Sandwich Panels are known for their excellent thermal insulation properties and are often used in energy-efficient buildings. EPS Sandwich Panels, on the other hand, are lightweight and easy to install, making them a popular choice for quick construction projects. Mineral Wool Sandwich Panels are fire-resistant and soundproof, making them ideal for use in buildings where safety and noise reduction are paramount. Other types of sandwich panels include those made from materials like wood, metal, and composite materials, each with their unique properties and applications.
Building Wall, Building Roof, Cold Storage in the Global Sandwich Panels for Architectural Market:
The usage of sandwich panels in the architectural market is vast and varied. They are commonly used in building walls due to their excellent insulation properties and ease of installation. Building roofs also often utilize sandwich panels, as they provide a lightweight yet durable solution that can withstand various weather conditions. Furthermore, sandwich panels are extensively used in cold storage facilities. Their superior insulation properties help maintain the required low temperatures, thereby ensuring the quality and safety of stored goods.
Global Sandwich Panels for Architectural Market Outlook:
Looking at the market outlook, the Global Sandwich Panels for Architectural Market was valued at a significant US$ 9080 million in 2023. The market is expected to grow steadily and reach an impressive value of US$ 12060 million by 2030. This growth, representing a Compound Annual Growth Rate (CAGR) of 4.2%, is anticipated to occur during the forecast period of 2024 to 2030. This positive trend indicates the increasing demand for sandwich panels in the architectural sector and the market's potential for further growth.
| Report Metric | Details |
| Report Name | Sandwich Panels for Architectural Market |
| Accounted market size in 2023 | US$ 9080 million |
| Forecasted market size in 2030 | US$ 12060 million |
| CAGR | 4.2% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Kingspan, Metecno, NCI Building Systems, Assan Panel, Isopan, ArcelorMittal, TATA Steel, Romakowski, Lattonedil, Silex, Marcegaglia, Ruukki |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
