Rising Use of PUF Panels in Construction Activities Drives the PUF Panel Market Growth

PUF panels are extensively used in the construction industry as they are made with three separate elements. The PUF panel market is projected to exhibit substantial growth during the forecast period owing to the increasing construction projects across the globe. PUF panels protect interiors against extreme weather conditions, sound, and sudden breakout of fires. The PUF panel market is expected to grow with a CAGR of 6% during the forecast period on account of its rapid installation, coupled with cost-effectiveness and light weightiness compared to other sandwich panels. Impact of COVID-19 The COVID-19 pandemic has created havoc across the globe. Several industries have got severely hit by the pandemic, one of which is the construction industry. As per the data provided by the ‘Office for National Statistics (ONS),’ in March 2020, the construction output fell by 5.9% in the U.K. Similarly, private new housing has decreased by 6.4% and private commercial construction fell by 7.1% in March 2020. However, the industry is estimated to recover in the first half of 2021. Countries such as Saudi Arabia, Oman, and Iraq with extreme temperatures are projected to be the largest consumers of PUF panels post-COVID-19. Got questions about your regional growth of PUF Panel Market? Just drop us a line or call on +1 646 480 7505 Key Players Sintex Industries Tata Steel Areco Group Multicolor® Steels (India) Pvt. Ltd. NCI Building Systems Romakowski GmbH & Co. KG Zhong Jie Group Manni Group ArcelorMittal Hoeschbausysteme GmbH Assan Panel A.S. Nucor Building Systems Kingspan Group Invespanel DANA Group of Companies AcmeCleantech Solutions Limited EPACK Polymers (P) Ltd. PUF Panel Market: Segmentation By Type Coldwell Wall Panel Strupan Roof Panel Isoclad By Foam Density Up to 40 kg/m3 Above 40kg/m3 By Application Industrial Building Residential Buildings Commercial Buildings Cold Storage Warehouse By Region North America The U.S. Canada Mexico Europe Germany France The U.K. Italy Spain The Netherlands Russia The Rest of Europe Asia-Pacific China Japan India South Korea Australia Indonesia Malaysia Singapore Vietnam The Rest of Asia Pacific Central and South America and the Caribbean Brazil Argentina Colombia The Rest of Central and South America and the Caribbean The Middle East Saudi Arabia The UAE Oman Bahrain The Rest of the Middle East Africa Nigeria South Africa Ghana Tanzania The Rest of Africa " Crucial Insights The Report Provides:" * Known and Unknown Adjacencies Influencing the Growth of Market * Explorable Revenue Sources * Customer Behaviour Analysis * Target Partners * Customized Geographical Data Based on Customers as well as Competitors * Analysis of Market Size and CAGR between the Forecast Periods