Egypt Aluminium Composite Panel Market

Egypt Aluminium Composite Panel Market Overview

Aluminium composite panel, as known as ACP, are made from aluminium composite material (ACM) and consist of two thinly coated aluminium sheets. It is comprised of two materials: metals and non-metals. The APC acts as a perfect solution for exterior cladding systems and has lower cost. One of the biggest advantages of ACP is that they can be easily cut and shaped in any size or shape and can be colored as per specific requirements.

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Major Egypt Aluminium Composite Panel Market Drivers

The Egypt Aluminium Composite Panels market is predicted to witness strong demand over the forecast period. This is attributed to the rising application of lightweight aluminium composite panels, especially in the construction sector. Moreover, the aluminium composite panel provides numerous benefits such as reduced thickness, high insulation, and superior sealing, which also helps in developing better quality building structures. These panels are increasingly used in the design and construction of transport systems, including satellites, missiles, aircraft, and high-speed train systems, which has helped in reducing the total structural weight. In addition to this, the leading players in Egypt are actively participating in various infrastructural projects. For example, Wellbond, one of the players in the Egypt Aluminium Composite Panel market, is responsible for supplying the aluminium composite panels in various projects such as PortSaid Medical Insurance, PortSaid Gates, Gardenia Mall, El Galaa Hotel, and others. This factor is directly surging the growth of the market over the coming years.

Egypt is facing numerous environmental challenges starting with the rise in the population rate, which has led to less water per capita each year. The increasing focus on supporting sustainable building and construction has encouraged the government to promote sustainable building/construction in order to save energy and decrease water usage. Thus, the growing implementation of green buildings is another factor that is supporting the market growth in the coming years. Furthermore, as per the Ministry of Finance in Egypt, in 2018-2019, the government announced to invest $80.1 million in the construction and building, $942.9 million in the real estate activities, $832 million in the water and sanitation projects, and $203.4 million in electricity networks. This increase in the investments in different sectors of the economy is further creating new scopes for the implementation of aluminium composite panels, thus driving the market growth.

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Base Coating Type – Segment Analysis

Based on the Base Coating Type, the Polyvinylidene Difluoride (PVDF) segment is predicted to witness higher CAGR during the forecast period. This is mainly due to the accelerating usage of PDVF in different applications such as in sheets, films, coatings, and membranes. Moreover, the PVDF offers numerous exceptional benefits such as high resistance level, purity to solvents, and high strength, which is further boosting the segment’s demand.

Application – Segment Analysis

On the basis of the Application, the building & construction segment is expected to dominate the market during the forecast period. The growing standardization in the structure of building, along with the emerging trend of green building are the two major factors that are increasing the growth of the segment in the market. The modern designs and standardization need high durability, fire-resistance and weatherproof features, which is further surging the demand for aluminium composite panel in the building and construction sector.

Vehicle Type – Segment Analysis

On the basis of Vehicle Type, the passenger cars segment is projected to grow at a higher CAGR during the forecast period. This is attributed to the strong demand for private vehicles among individuals in Egypt. With the emerging trend of urbanization, the consumer’s preference has shifted towards personal vehicles instead of using public transport for daily traveling. This factor has surged the demand for passenger vehicles, thus increasing the implementation of aluminium composite panels in the market.

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Segments covered in the Report:

The Egypt Aluminium Composite Panel market has been segmented based on Base Coating Type, Type, Composition, Application and Vehicle Type. Based on Base Coating Type, the market is segmented into Polyvinylidene Difluoride, Polyethylene, Polyester, Laminating Coating and Oxide Film. Based on Type, the market is segmented into Fire-Resistant, Antibacterial and Antistatic. Based on Composition, the market is segmented into Surface Coating, Metal Skin, Core Material and Rear Skin. Based on Application, the market is segmented into Building & Construction, Advertising, Transportation and Automotive. Based on Vehicle Type, the market is segmented into Passenger Cars and Light Commercial Vehicles. 

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Market Segmentation

Egypt Aluminium Composite Panel (ACP) Market by Base Coating Type

• • Polyvinylidene Difluoride
  • Polyethylene
  • Polyester
  • Laminating Coating
  • Oxide Film

Egypt Aluminium Composite Panel (ACP) Market by Type

• • Fire-Resistant
  • Antibacterial
  • Antistatic

Egypt Aluminium Composite Panel Market by Composition

• • Surface Coating
  • Metal Skin
  • Core Material
  • Rear Skin

Egypt Aluminium Composite Panel Market by Application

• • Building & Construction
  • Advertising
  • Transportation
  • Automotive

Egypt Aluminium Composite Panel Market by Vehicle Type

• • Passenger Cars
  • Light Commercial Vehicles