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(IT-NEWSWIRE.COM, October 28, 2017 ) Key Players of Global Sandwich Panel Market:
Sandwich Panel Market appears to be highly competitive. Innovation, mergers & acquisitions, brand reinforcement and expansions remain the key trends for leading players.
The key players of Global Sandwich Panel Market report include-Safal Group, Paroc Group, SHMICO, Rautaruukki Corporation, Dana Steel Processing Industry LLC, Building Component Solutions LLC., Multicolor Steels (India) Pvt. Ltd., Pioneer Coldstore & Cladding Pvt. Ltd., ArcelorMittal Construction, Areco, Pt. Kyung Heung Indonesia, Dalal Steel Industries sarl and Vibgyor Steel.
Market Scenario of Global Sandwich Panel Market:
Globally, the market for Sandwich Panel has been rising up owing to the augmented construction activity, particularly in commercial and industrial buildings, with its associated growth in demand for the fast and economic construction technique. Hence, the global market of Sandwich Panel is forecasted to demonstrate a spectacular growth by 2021, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017– 2021).
The Global Sandwich Panel Market is driven by the growth in construction and industrial sector. The Sandwich Panel market is highly dependent on its applications such as storage, warehouses, manufacturing plants, etc. With rising industrialization, the need for less time consuming construction solutions is growing. This fuels the market for sandwich panels globally. Furthermore, features such as insulating properties, weather proof, leak proof, noise insulation and cost efficient augments the market for sandwich panels.
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Growth Drivers of Global Sandwich Panel Market:
Sandwich Panels are mainly used in commercial and industrial buildings. Where the key application area is partition walls or roof cladding which covers most of the market. Refrigeration industry is another prominent area of application for Sandwich Panels which absorbs almost a quarter of the all produced Sandwich Panels. Mainly for cold storage and chillers/cold units and storerooms. Sandwich Panels allow a wide range of profiles and colours and buildings with a high class, modern look are typically obtained. Additionally, the excellent insulation performance of rigid polyurethane foam which is energy efficient. Sandwich Panels offer the freedom of design, which is why its preferred all over. Sandwich panels allow a wide range of profiles and colours and buildings with a high class, modern look are typically obtained. Looking at the success of PU-cored sandwich panels, it is also interesting to compare with Sandwich Panels containing other insulating cores.
Sandwich Panels are an important composite structure in Aerospace Interior as well as in high performance automobiles, boats and wind turbines. Typically a sandwich panel is comprised of a low stiffness, low density inner core enclosed by two stiff outer skins, where the whole assembly is held together by some sort of structural adhesive. The outer skins are typically made from stiff carbon fibre or aerospace grade aluminium. Various structures on an aeroplane are subjected to bending loads. Essentially the bending of a beam or a plate, by say some sort of pressure loading over its surface, is equivalent to grabbing the edges and applying a moment or rotation. A major advantage of the sandwich construction compared to the flared hole design is that the core separates the stiff outer skins, placing them as far as possible from the neutral axis.
Segments of Global Sandwich Panel Market:
Global Sandwich Panel Market is segmented on the basis of Material, Type, Application, and Region. On the basis of material it is segmented as polyurethane, mineral wool, and others. On the basis of type it is segmented as wall panels, roof panels, facade panels, and others. On the basis of application it is segmented as commercial, industrial, and others. Additionally on the basis of region, it is segmented as North America, Europe, APAC and Rest of the World.
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Regional Analysis of Global Sandwich Panel Market:
APAC dominates the Global Sandwich Panel Market with its fast growing market worldwide. It will expand at a substantial CAGR over the forecast period. The region is expected to show rapid industrial growth. With lot of investments in the regions of China and India, the construction sector is growing. This widens the scope of sandwich panels market in the region.
North America is expected to grow rapidly over multi million by 2021. Europe and Rest of the World are also expected to grow at a considerable CAGR from 2016 to 2021.
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Source: EmailWire.Com 
Source: EmailWire.com
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