Aluminum Composite Panels Market Insights
Aluminum composite panels market is likely to witness an impressive CAGR of 6.8% during the forecast period. The prime characteristics of aluminum composite panels are contributing towards the growth of the market, such as coating in aluminum composite panels, which aids to enhance the appearance of the internal & external walls and deliver easy maintenance with high durability.
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Aluminum Composite Panels Market - Snapshot
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Growth
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6.8% for the next five years
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Major Coating Type
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PVDF
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Major Property Type
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Fire-resistant
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Dominant Application Type
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Building & Construction
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Major Composition Type
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Core Material
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Region with the highest demand
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Asia-Pacific
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Key Players
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Arconic, Yaret Industrial Group, 3A Composites, Alubond U.S.A.,
Alumax Industrial, and Shanghai Huayuan New Composite Materials.
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Market Share Analysis
Aluminum Composite Panels Market Share: By Coating Type
Based on the coating type, the market is segmented as PE and PVDF. The PVDF segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. It helps to protect the exposed parts of any building or other applications from external weather conditions and retains its gloss and color for a longer time.
Aluminum Composite Panels Market Share: By Property Type
Based on the property type, the market is segmented as fire-resistant, antibacterial, and anti-static. The fire-resistant segment is expected to remain dominant during the forecast period owing to people shifting their preferences to build fire proof buildings.
Aluminum Composite Panels Market Share: By Application Type
Based on the application type, the aluminum composite panels market is segmented as building & construction, advertising, and transportation. The building & construction segment leads the market owing to increasing population and growing spending power of people, which are giving rise to construction of new houses in the urban and sub-urban areas, globally, and upsurge in the construction of non-residential buildings and institutes is also a major reason for the dominance of this segment.
Aluminum Composite Panels Market Share: By Composition Type
Based on the composition type, the market is segmented as surface coating, core material, metal skin, and rear skin. The core material segment is expected to remain the dominant as well as fastest growing segment during the forecast period. The growth of the segment is driven by its excellent fire-resistant property, for which it is highly preferred in the building & construction application.
Aluminum Composite Panels Market Share: By Region
In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest growing aluminum composite panels market during the forecast period, with China, Japan, India, and Australia being the major growth engines driven by their increasing per-capita income, extensive growth of the construction industry in the region, and the presence of a large number of aluminum composite panel manufacturers in these countries. The aluminum composite panels market is mainly driven by increase in population and rise in construction of residential and non-residential buildings. North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.
Some of the major aluminum composite panel manufacturers are-
- Arconic
- Yaret Industrial Group
- 3A Composites
- Alubond U.S.A.
- Alumax Industrial
- Shanghai Huayuan New Composite Materials
Market Scope & Segmentation
Aluminum composite panels are made of aluminum composite material. They are flat panels comprising two thin coated aluminum sheets connected to a non-aluminum core. Aluminum composite panels are majorly used for external cladding or facades of buildings, insulation, signage, and making shipping containers.
Aluminum composite panels are coated with different materials such as PE and PVDF. They are used in different applications such as building & construction, advertising, and transportation.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Aluminum Composite Panels Market Research Report - Features
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Market Segmentation
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5
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Regions Covered
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4
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Countries/Sub-Regions Covered
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17
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The aluminum composite panels market is segmented into the following categories.
Aluminum Composite Panels Market Size, Share, & Forecast, by Coating Type:
- PE (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- PVDF (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aluminum Composite Panels Market Size, Share, & Forecast, by Property Type:
- Fire-resistant (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Antibacterial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Anti-static (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aluminum Composite Panels Market Size, Share, & Forecast, by Application Type:
- Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Advertising (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aluminum Composite Panels Market Size, Share, & Forecast, by Composition Type:
- Surface Coating (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Core Material (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Metal Skin (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Rear Skin (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aluminum Composite Panels Market Size, Share, & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, Australia, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the coating types by application type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
