Market Overview:
The global various fire rated composite sandwich panels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for lightweight and fuel-efficient boats across the globe. In addition, the growing popularity of recreational boating is also propelling the demand for various fire rated composite sandwich panels in this application segment. Based on type, Class A marine AIS is expected to account for a major share of the global market during the forecast period. This can be attributed to its superior properties such as high strength-to-weight ratio and excellent thermal insulation properties.
Product Definition:
A fire rated composite sandwich panel is a type of construction material that is used in buildings and other structures to help prevent the spread of fire. This type of panel is made up of two or more layers of materials, with one layer being a fire-resistant material. The panels are often used in ceilings, walls, and flooring to provide protection from fires.
Class A Marine AIS:
The global Class A Marine AIS market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for fire-rated composite sandwich panels in various end-use industries such as oil & gas, chemical, and petrochemical storage tanks, offshore platforms, containerships among others.
Class B Marine AIS:
Class B marine AIS is a form of Class B fireproofing that is used in various fire-rated composite sandwich panels. These panels are made up of two layers of different materials, the inner layer which is usually wood or fiberboard and an outer layer made from steel or concrete. The use of this product has been growing at a steady pace owing to its benefits such as low cost, easy installation, and improved thermal resistance over the past few years.
Application Insights:
The others segment includes commercial and industrial applications. The merchant marine application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. Various fire-rated composite sandwich panels are used in ships, yachts, ferries, barges and other watercraft to protect against fire hazards caused by electrical short circuits or from getting hit by falling objects during a collision.
The recreational boats application segment is expected to register a significant CAGR of XX% from 2018 to 2030 owing to increasing spending on luxury boats with amenities such as swimming pools & spas among other safety features such as first aid kits & life preservers that require protection against extreme heat conditions along with maintaining high aesthetic standards of these vessels which are used for watersports activities across various regions globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing investments in the marine infrastructure and rapid economic development in countries, such as China and India. In addition, rising demand for recreational boats is anticipated to drive product demand over the forecast period.
Europe was valued at USD X million in 2017 and is projected to witness steady growth over the forecast period on account of stringent regulations regarding fire safety standards implemented by various regulatory bodies, such as BSI (Bundesverband der Schweizerischen Industrie) and DIN (Deutsche Industrie-Gewerkschaft). These standards mandate installation of fire rated composite sandwich panels in commercial buildings, industrial plants/offices/schools etc.
Growth Factors:
- Increasing demand for fire rated composite sandwich panels from the construction industry as a result of growing awareness about the benefits of using these panels over traditional building materials.
- Rising demand for fire rated composite sandwich panels in the automotive sector due to their lightweight and high strength-to-weight ratio properties.
- Growing use of fire rated composite sandwich panels in various end-use applications such as aerospace, marine, and wind energy industries owing to their superior thermal insulation and acoustic properties.
- Technological advancements that have led to development of new types of fire rated composite sandwich panels with enhanced performance characteristics is expected to fuel market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Various Fire Rated Composite Sandwich Panels Market Research Report
By Type
Class A Marine AIS, Class B Marine AIS
By Application
Merchant Marine, Recreational Boats, Fishing Vessels, Others
By Companies
SRT Marine, Alltek Marine, Furuno, Navico, Garmin, Icom, Japan Radio Company, Vesper Marine, Comnav Marine, True Heading, Kongsberg Gruppen ASA, Transas Marine Limited (Wärtsilä), SAAB AB, Raymarine, Weatherdock AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Various Fire Rated Composite Sandwich Panels Market Report Segments:
The global Various Fire Rated Composite Sandwich Panels market is segmented on the basis of:
Types
Class A Marine AIS, Class B Marine AIS
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Merchant Marine, Recreational Boats, Fishing Vessels, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SRT Marine
- Alltek Marine
- Furuno
- Navico
- Garmin
- Icom
- Japan Radio Company
- Vesper Marine
- Comnav Marine
- True Heading
- Kongsberg Gruppen ASA
- Transas Marine Limited (Wärtsilä)
- SAAB AB
- Raymarine
- Weatherdock AG
Highlights of The Various Fire Rated Composite Sandwich Panels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Class A Marine AIS
- Class B Marine AIS
- By Application:
- Merchant Marine
- Recreational Boats
- Fishing Vessels
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Various Fire Rated Composite Sandwich Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Various fire rated composite sandwich panels are made from a variety of materials, including fiberglass, carbon fiber, and Kevlar. These panels are designed to resist heat and flames while still allowing food to be cooked evenly.
Some of the key players operating in the various fire rated composite sandwich panels market are SRT Marine, Alltek Marine, Furuno, Navico, Garmin, Icom, Japan Radio Company, Vesper Marine, Comnav Marine, True Heading, Kongsberg Gruppen ASA, Transas Marine Limited (W¤rtsil¤), SAAB AB, Raymarine, Weatherdock AG.
The various fire rated composite sandwich panels market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Various Fire Rated Composite Sandwich Panels Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Various Fire Rated Composite Sandwich Panels Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Various Fire Rated Composite Sandwich Panels Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Various Fire Rated Composite Sandwich Panels Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Various Fire Rated Composite Sandwich Panels Market Size & Forecast, 2020-2028 4.5.1 Various Fire Rated Composite Sandwich Panels Market Size and Y-o-Y Growth 4.5.2 Various Fire Rated Composite Sandwich Panels Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Class A Marine AIS
5.2.2 Class B Marine AIS
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Merchant Marine
6.2.2 Recreational Boats
6.2.3 Fishing Vessels
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Various Fire Rated Composite Sandwich Panels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Various Fire Rated Composite Sandwich Panels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Class A Marine AIS
9.6.2 Class B Marine AIS
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Merchant Marine
9.10.2 Recreational Boats
9.10.3 Fishing Vessels
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Class A Marine AIS
10.6.2 Class B Marine AIS
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Merchant Marine
10.10.2 Recreational Boats
10.10.3 Fishing Vessels
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Class A Marine AIS
11.6.2 Class B Marine AIS
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Merchant Marine
11.10.2 Recreational Boats
11.10.3 Fishing Vessels
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Class A Marine AIS
12.6.2 Class B Marine AIS
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Merchant Marine
12.10.2 Recreational Boats
12.10.3 Fishing Vessels
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Class A Marine AIS
13.6.2 Class B Marine AIS
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Merchant Marine
13.10.2 Recreational Boats
13.10.3 Fishing Vessels
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Various Fire Rated Composite Sandwich Panels Market: Competitive Dashboard
14.2 Global Various Fire Rated Composite Sandwich Panels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SRT Marine
14.3.2 Alltek Marine
14.3.3 Furuno
14.3.4 Navico
14.3.5 Garmin
14.3.6 Icom
14.3.7 Japan Radio Company
14.3.8 Vesper Marine
14.3.9 Comnav Marine
14.3.10 True Heading
14.3.11 Kongsberg Gruppen ASA
14.3.12 Transas Marine Limited (Wärtsilä)
14.3.13 SAAB AB
14.3.14 Raymarine
14.3.15 Weatherdock AG