DUBLIN, May 17, 2022--(BUSINESS WIRE)--The "Multi-Metal Aluminum Sandwich Panels Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global multi-metal aluminum sandwich panels market reached a value of US$ 6.30 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 9.30 Billion by 2027, exhibiting a CAGR of 6.1% during 2022-2027.
Al Shahin Metal Industries
Balex Metal Sp Z O O
Kingspan Group plc
MBCI Inc. (NCI Building Systems Inc.)
Metecno (India) Private Limited
Multicolor Steels (India) Pvt. Ltd
Rautaruukki Oyj (SSAB AB).
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor
Multi-metal aluminum sandwich panels are structural components consisting of multiple layers of rigid materials bonded by a lightweight core. The panels consist of thin skin-layers that are placed together on the side of low-density core manufactured using expanded polystyrene (EPS), glass wool and polyurethane materials. Multi-metal aluminum sandwich panels are commonly utilized in the wall, roof and insulated panels and in comparison to the traditionally used building materials, they are lightweight, cost-efficient, highly durable and pre-fabricated. They also offer enhanced flexibility for modern industrial designs and advantageous soundproofing, thermoregulation and fire-resistant properties. As a result, these panels are widely used across various industries, including aerospace, construction, marine, automotive, chemical and oil and gas
Significant growth in the construction industry across the globe is one of the key factors creating a positive outlook for the market. With the rising environmental consciousness among the masses, consumers are widely adopting energy-efficient multi-metal aluminum sandwich panels in industrial and residential complexes for improved insulation and comfort. In line with this, these pre-fabricated panels have minimal maintenance requirements and can be conveniently dismantled and moved across locations with zero wastage.
Moreover, the increasing requirement for high-performance materials across industries is providing a thrust to the market growth. Various product innovations, such as the development of honeycomb core sandwich panels with shear thickening fluid (STF) fillings for flat and slightly curved surfaces, are acting as other growth-inducing factors. These panels can reduce the damage caused by hypervelocity impacts and offer enhanced strength and durability to aircraft and aerospace components. Other factors, including significant infrastructural development, especially in the developing economies, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth
Key Question Answered in this Report
1. What was the size of the global multi-metal aluminum sandwich panels market in 2021?
2. What is the expected growth rate of the global multi-metal aluminum sandwich panels market during 2022-2027?
3. What are the key factors driving the global multi-metal aluminum sandwich panels market?
4. What has been the impact of COVID-19 on the global multi-metal aluminum sandwich panels market?
5. What is the breakup of the global multi-metal aluminum sandwich panels market based on the metal?
6. What is the breakup of the global multi-metal aluminum sandwich panels market based on the foam material?
7. What is the breakup of the global multi-metal aluminum sandwich panels market based on the application?
8. What are the key regions in the global multi-metal aluminum sandwich panels market?
9. Who are the key players/companies in the global multi-metal aluminum sandwich panels market?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Multi-Metal Aluminum Sandwich Panels Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Metal
7 Market Breakup by Foam Material
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/jk1196
View source version on businesswire.com: https://www.businesswire.com/news/home/20220517005904/en/
Laura Wood, Senior Press Manager
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