A
floor sandwich panel is a functional panel for roof and floor coverings, whose
thickness fluctuates according to the spans & design loads. It is usually
very fire resistant and can vary depending on the materials used to build the
panel. It has ability to protect against sound, sudden breakout of fires and
extreme weather conditions. Moreover, its durability & rapid installation
due to its simple design make it a sustainable choice over traditional floor
panels. Floor sandwich panel is usually consisting of three layers. The
innermost layer usually has low density and low stiffness while the two panels
that enclose it are made from an inflexible layer using a structural adhesive
applied to the whole panel to hold it together. The inner core or layer is most
generally made from a metal honeycomb or Nomex, either in closed-cell and
open-cell foam. The outer skins are stiff, normally made from aerospace-grade
carbon or aluminum fiber.
The
key advantages are included high resistance to earthquake shear forces,
insulation against heat, cold, humidity & sound, impenetrability of
building against insects, manufacture of lightweight walls, cost savings on the
cost of building & skeleton of high-rise buildings caused by the small
weight of the ceiling & wall parts of sandwich panels, and high quality
building materials.
Based
on type, floor sandwich panel market is segmented into fiberglass face,
aluminum face and others. Fibre-glass face is used to manufacture the coating
surfaces. Whereas, the aluminum face is used to manufacture the surface
materials of floor sandwich panel. Based on core material, market is segmented
into Polyisocyanurate (PIR), Polyurethane (PUR), mineral wool, other core
materials and Expanded Polystyrene (EPS). Based on channel, market is segmented
into distributor channel and direct sales channel. In addition, based on
application, market is segmented into residential, commercial, institutional,
industrial, and others.
The
floor sandwich panel market is driven by increase in product demand, followed
by growth in technological advancement, rise in disposable incomes, increase in
raw material affluence, growth in revenue since last decade due to product
awareness, and stable market structure. However, fluctuations in the prices of
raw materials and increase in the cost of production due to expensive
application techniques may impact the market.
Based
on geography, the Asian-Pacific region dominates the floor sandwich panel
market owing to rise in number of government subsidies for rural buildings and
increase in number of large-scale residential & industrial infrastructural
projects in the region. Whereas, the European and North-American regions are
projected to exhibit substantial growth rate due to growth in middle-class
population & rise in disposable incomes, presence of key manufacturers and
rise in consumption of packaged foods & beverages, which require
temperature-controlled infrastructures over the forecast period. In upcoming
years, it is expected that future of the market will be bright as a result of
increase in awareness about energy-efficient buildings during the forecast
period.
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