Global Sandwich Panel Market is projected to reach USD xx Billion by 2026 from USD xx Billion in 2018, exhibiting a CAGR of xx% during 2019-2026
Global Sandwich Panel Market, By Region
Global Sandwich Panel Market is divided into expanded polystyrene (EPS) panels, polyurethane (PU) panels, glass wool panels, PF panels, and others. These panels are used in energy-efficient building, cold storage making, and automobile manufacturing among others. Sandwich panel has heat insulating property and different mechanical properties that can be achieved using a multilayer structure.
Improvement in thermal performance of sandwich panels and the implementation of stringent regulations towards energy conservation drive the growth of the Global Sandwich Panel Market. With rising industrialization, the need for less time-consuming construction solutions is growing further forming an important driving factor for the Global Sandwich Panel Market.
Asia-pacific dominates the Global Sandwich Panel Market with its fast-growing market worldwide. The region is expected to show rapid industrial growth forming a key factor to boost the overall demand. With a lot of investments in countries such as China and India, the construction and real-estate sector is growing further providing more growth opportunities for the sandwich panel market in upcoming years.
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