WILMINGTON, Delaware, USA, September 29, 2022 (GLOBE NEWSWIRE) – Transparency Market Research Inc. “Innovation in sandwich panel design depends on heat-efficient cladding solutions for new building and renovation projects that are in increasing demand. This trend has stimulated the development of multi-layer precast concrete panels for building cladding. Customers in end-use industries carefully evaluate the properties, benefits and applications of sandwich panels to find the best thermal insulation solutions. The global sandwich panel market is forecast to grow at a CAGR of 6.3% from 2022 to 2031 (forecast period).
There is a growing demand for sandwich roof and wall panels in commercial and residential buildings and companies are seeing huge profit opportunities. The thickness and type of sandwich panels depend on the terms of reference of the construction site, the decision that determines the dynamics of demand for the product in the sandwich panel market. In an in-depth study of TMR, analysts noted that sandwich panel manufacturers are struggling to meet the unique performance requirements of facade sandwich panels.
Companies are launching sandwich panel exterior panel products that offer superior temperature and UV resistance and reduce exposure to atmospheric pollution. Moreover, the increasing use of acoustic sandwich panels in industrial buildings is creating revenue streams for various manufacturers in the sandwich panel market.
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Most well-known companies are betting on expanding their product lines and forming strategic partnerships to strengthen their positions.
Some of the key players in the sandwich panel market are Metecno Group, Nucor Corporation, Manni Group, Kingspan Group, Tata Steel Ltd, DANA Group, Assan Panel AS, Areco Group and ArcelorMittal.
Food film machine market. The global food film machine market is expected to reach US$720.1 million by 2030, with a CAGR of 3.8% between 2022 and 2030.
Market for industrial brake calipers. The industrial brake caliper market is expected to reach US$428.6 million by the end of 2031.
SMT Inspection Equipment Market – SMT Inspection Equipment Market To Reach US$1.04 Billion By The End Of 2031
Non-combustible cladding market. The fire retardant cladding market is expected to reach US$264.8 billion by the end of 2031.
Market for industrial mixers. The industrial agitator market is expected to reach US$25.21 billion by the end of 2031.
Market of progressive screw pumps. By the end of 2031, the progressive screw pump market is expected to exceed US$4.43 billion.
Medical refrigeration market. The medical refrigeration market is expected to reach US$6.1 billion by the end of 2031.
Sanitary diaphragm valves in the biopharmaceutical market. By the end of 2031, the value of sanitary diaphragm valves in the biopharmaceutical market will be $408.8 million.
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Post time: Jan-13-2023