Global Vitreous Enamel Panel (VE Panel) Market by Type (Black Metal, Nonferrous Metals), By Application (Subway Station, Building External Walls, Tunnel, Sterile Operating Room, Oterh) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global vitreous enamel panel (VE Panel) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for VE panels in subway stations, building external walls, tunnels, sterile operating rooms, and other applications. In terms of type, the black metal segment is expected to lead the global VE panel market during the forecast period. In terms of region, North America is expected to lead the global VE panel market during the forecast period.



Get Free Sample Report

Product Definition:

A vitreous enamel panel is a type of metal panel that is coated in vitreous enamel. This type of panel is often used for architectural purposes, as it can be used to create a variety of different designs and patterns. Vitreous enamel panels are also very durable and resistant to weathering, making them a good choice for outdoor applications.

Black Metal:

Black metal is a special type of alloy which contains iron, nickel and other metals. It has high corrosion resistance due to the presence of black oxide coating. Black metal panels are used in construction applications for decorative purposes owing to their aesthetic appeal. They have wide application scope in roofing, cladding and walling where they are used as an alternative to traditional steel or aluminum panels on account of their superior weatherproof properties coupled with low maintenance requirements.

Nonferrous Metals:

Nonferrous metals are generally used in the production of vitreous enamel panels. These panels are widely used for coating glass or plastic surfaces and can be customized based on size, shape, color, and other parameters. The most commonly utilized nonferrous metal is stainless steel which has a high demand owing to its durability along with cost-effectiveness.

Application Insights:

Building external walls was the largest application segment in the global VE panel market, accounting for a revenue share of over 40% in 2017. The demand is expected to be fueled by increasing construction activities across developing countries. Latin America and Middle East & Africa are projected to witness significant growth owing to rapid urbanization and rising disposable income levels among people, which will further propel product demand.

The other major application includes use as a sterile operating room coverlet or screen; this application is estimated to grow at an estimated CAGR of XX%, from 2018 to 2030, due largely on sterilization-resistant properties exhibited by these products that make them suitable for use as operating room covers or curtains. These panels also find applications in cosmetic surgeries wherein they are used as surgical drapes during plastic surgeries including breast augmentation procedures and eyelid surgery operations among others (Cosmetic Surgery Report Card).

Regional Analysis:

North America dominated the global market in 2017. This is attributed to the presence of a large number of manufacturers and suppliers coupled with high demand for VE panels from several end-use industries such as building & construction, automotive, healthcare, food processing and packaging among others. The region will retain its dominant position throughout the forecast period owing to increasing R&D activities by key companies pertaining to product innovation and development.

Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising investments by various government organizations in infrastructure development along with rapid industrialization & urbanization resulting into increased need for new construction projects which are likely to increase demand for Vitreous Enamel Panels (VEPs). In addition, growing automobile production due their lightweight characteristics is also anticipated boost regional growth over the next eight years.

The European market was valued at USD X million in 2017.

Growth Factors:

Increasing demand for Vitreous Enamel Panel (VE Panel) in the construction industry as a result of its properties such as durability, heat resistance and low maintenance cost.
Rising demand from end-use industries such as automotive, appliances and electricals due to the growing popularity of these products among consumers.
Growing investments by key players in research and development to develop new and innovative products that can cater to the needs of different end-use industries.
Expansion of manufacturing capacities by key players to meet the rising demand for Vitreous Enamel Panel (VE Panel) across regions worldwide.


Get Free Sample Report
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitreous Enamel Panel (VE Panel) Market Research Report
By Type
Black Metal, Nonferrous Metals
By Application
Subway Station, Building External Walls, Tunnel, Sterile Operating Room, Oterh
By Companies
OMERAS (Germany), Vitrispan (UK), Trico (UK), Fairview (Australia), CSC (Taiwan), TECO (Taiwan), VEA (China), Baosteel (China), Kaier (China)
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.

Global Vitreous Enamel Panel (VE Panel) Market Report Segments:
The global Vitreous Enamel Panel (VE Panel) market is segmented on the basis of:
Types
Black Metal, Nonferrous Metals
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
Subway Station, Building External Walls, Tunnel, Sterile Operating Room, Oterh
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:
OMERAS (Germany)
Vitrispan (UK)
Trico (UK)
Fairview (Australia)
CSC (Taiwan)
TECO (Taiwan)
VEA (China)
Baosteel (China)
Kaier (China)



Get Free Sample Report

Highlights of The Vitreous Enamel Panel (VE Panel) 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:
Black Metal
Nonferrous Metals
By Application:
Subway Station
Building External Walls
Tunnel
Sterile Operating Room
Oterh
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 Vitreous Enamel Panel (VE Panel) 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
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



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?