Aluminum Composite Panel Market

Aluminum Composite Panel (ACP) Market is accounted for USD 7,253 million in 2019, growing at a robust CAGR of 7.3% during forecast period.

Aluminium Composite Panels, popularly known as ACP, contains a flat panel consisting of two thin coil-coated aluminium sheets bonded to a non-aluminium core. The Aluminium Composite Panels are low priced, can be cut and shaped in any size or shape, thus making them perfect for exterior cladding systems, ceiling decoration and signage boards. ACP offers various technical advantages over the traditional material such as it is lightweight, highly flexible, easy to install, durable along with a wide range of colours and textures. The Aluminium Composite Panel is a great way to add elegance and modern touch to the buildings.

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The major factor contributing towards the growing demand of the Global ACP market includes the increasing application in different sectors including transportation, building & construction and advertising boards due to its several properties such as lightness, fire resistance, non-combustibility, time and cost-effectiveness, and acoustic insulation. The Aluminium composite panel enhances the appearance of the internal & external walls with easy maintenance and high durability. The increase in the demand for aluminium composite panel due to the standardization in the building & construction industry will further accelerate the growth of the market. The emerging international building code with unique designs provide more sustainability and energy efficiency which will drive the demand for Aluminium Composite Panels over the coming years. Moreover, the increasing construction of factories, manufacturing plants, stadiums and corporate offices will have a positive impact on the Aluminium Composite Panel market across the globe. Several developing economies such as India, China and Saudi Arabia are largely focusing on the upcoming construction projects. For instance, the “Make in India” program launched by the Government of India, is specially designed to encourage companies to manufacture their products in India. This initiative is promoting the construction of new industrial and commercial projects in India. On the other hand, the regular maintenance cost and high repairing cost of the aluminium composite panel will hamper the growing demand of the market over the coming years.

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Based on Base Coating Type, the Global Aluminium Composite Panel (ACP) market is segmented into Polyvinylidene Difluoride, Polyethylene, Polyester, Laminating Coating and Oxide Film. The Polyvinylidene Difluoride (PVDF), also known as Polyvinylidene fluoride, is expected to grow at a higher CAGR during thee forecast period due to the increasing usage of PVDF in sheets, films, membranes and coating in multiple industries such as chemical processing, oil & gas, construction and energy. PVDF is mainly used in applications which requires high resistance level, purity to solvents and excellent strength.

Based on Type, the Global Aluminium Composite Panel market is segmented into Fire-Resistant, Antibacterial and Antistatic. The Fire-Resistant segment is projected to capture the highest market share during the forecast period owing to its remarkable features such as it prevents fire accidents in the residential or commercial sector. Moreover, the increasing preference of fire-resistant aluminium composite panel in the residential and non-residential sector will further increase the demand of the market. These panels are not only fire resistant but also provides protection against bacteria and microbes.

Based on Application, the Global Aluminium Composite Panel market is segmented into Building & Construction, Advertising, Transportation and Automotive. The Building & Construction segment is estimated to capture the highest market share during the forecast period owing to the increasing standardization in architecture of buildings. The modern designs and standardization require high durability, fire-resistance and weatherproof properties, which the aluminium composite panel already offers. The rising usage of aluminium composite panel in decorative and cladding applications will surge the demand of the market. In addition to this, various developing economies such as China and Japan are increasingly using aluminium composite panels for the construction of residential buildings and commercial project.

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Based on the region, Asia-Pacific is projected to the highest market share during the forecast period owing to the expansion in the construction industry in developing nations like India, China, Indonesia and Vietnam. In addition to this, the rapid rise in the population, increasing number of green building and the high demand for affordable house will further boost the growth of the Global Aluminium Composite Panel market during the forecast period.

Various notable players operating in the market include Arconic, Yaret Industrial Group Co., Ltd., Mitsubishi Chemical Corporation, 3A Composites GmbH, Alubond U.S.A., Alumax Industrial Co., Ltd., Shanghai Huayuan New Composite Materials Co., Ltd., Chanshu Kaidi Decoration Material Co., Ltd., Guangzhou Xinghe Aluminium Composite Panel Co., Ltd., Jyi Shyang Industrial Co., Ltd. among others.

The Global Aluminium Composite Panel (ACP) market has been segmented based on Base Coating Type, Type, Composition, Application. 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.

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Key questions answered in this research report:

• • At what pace is the global Aluminium Composite Panels (ACP) market growing? What will be the growth trend in the future
  • What are the key drivers and restraints in the global Aluminium Composite Panels market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Aluminium Composite Panels market?
  • What are the various application areas of the global Aluminium Composite Panels market and how they are poised to grow?

Market Segmentation:

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

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

Global Aluminium Composite Panel (ACP) Market by Type

• • Fire-Resistant
  • Antibacterial
  • Antistatic

Global Aluminium Composite Panel Market by Composition

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

Global Aluminium Composite Panel Market by Application

• • Building & Construction
  • Advertising
  • Transportation
  • Automotive

Global Aluminium Composite Panel (ACP) Market by Region

• • North America Aluminium Composite Panels market
    Option 1: As a part of the free 25% customization
    • North America Aluminium Composite Panels Market by Base Coating Type
    • North America Aluminium Composite Panels Market by Type
    • North America Aluminium Composite Panels Market by Composition
    • North America Aluminium Composite Panels Market by Application
    • United States of America (US) Aluminium Composite Panels Market All-Up
    • Canada Aluminium Composite Panels Market All-Up
  • Europe Aluminium Composite Panels market
    Option 2: As a part of the free 25% customization
    • Europe Aluminium Composite Panels Market by Base Coating Type
    • Europe Aluminium Composite Panels Market by Type
    • Europe Aluminium Composite Panels Market by Composition
    • Europe Aluminium Composite Panels Market by Application
    • United Kingdom (UK) Aluminium Composite Panels Market All-Up
    • Germany All-Up Aluminium Composite Panels Market All-Up
    • France Aluminium Composite Panels Market All-Up
    • Spain Aluminium Composite Panels Market All-Up
    • Rest of Europe Aluminium Composite Panels Market All-Up
  • Asia-Pacific Aluminium Composite Panels market
    Option 3: As a part of the free 25% customization
    • Asia-Pacific Aluminium Composite Panels Market by Base Coating Type
    • Asia-Pacific Aluminium Composite Panels Market by Type
    • Asia-Pacific Aluminium Composite Panels Market by Composition
    • Asia-Pacific Aluminium Composite Panels Market by Application
    • China Aluminium Composite Panels Market All-Up
    • India Aluminium Composite Panels Market All-Up
    • Japan Aluminium Composite Panels Market All-Up
    • Rest of APAC Aluminium Composite Panels Market All-Up
  • ROW Aluminium Composite Panels market
    Option 4: As a part of the free 25% customization
    • RoW Aluminium Composite Panels Market by Base Coating Type
    • RoW Aluminium Composite Panels Market by Type
    • RoW Aluminium Composite Panels Market by Composition
    • RoW Aluminium Composite Panels Market by Application
    • Brazil Aluminium Composite Panels Market All-Up
    • South Africa Aluminium Composite Panels Market All-Up
    • Saudi Arabia Aluminium Composite Panels Market All-Up
    • UAE Aluminium Composite Panels Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Aluminium Composite Panels Market All-Up

Leading market players (Option 5: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Arconic
  • Yaret Industrial Group Co., Ltd.,
  • Mitsubishi Chemical Corporation
  • 3A Composites GmbH
  • Alubond U.S.A.
  • Alumax Industrial Co., Ltd.
  • Shanghai Huayuan New Composite Materials Co., Ltd.
  • Chanshu Kaidi Decoration Material Co., Ltd.
  • Guangzhou Xinghe Aluminium Composite Panel Co., Ltd.
  • Jyi Shyang Industrial Co., Ltd.