Aluminum Composite Panel Market

Aluminum Composite Panel Market by Top-Coatings (PE [Polyester], PVDF [Polyvinylidene Fluoride], and Other Top Coatings), End-user Industries (Building and Construction, Transportation, and Other End-user Industries), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-726
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 185
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The aluminum composite panel market size is anticipated to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the expanding application scope of lightweight aluminum composite panels in the building sector for insulation.

Aluminum Composite Panel Market Key Takeaways

A flat panel made of two aluminum alloy sheets joined with a non-aluminum core to form a composite is known as an aluminum composite panel (ACP). It's utilized as a building cladding or façade material, insulation, and signs. Furthermore, ACPs have several uses in the automobile sector, including body paneling. Low-density infill, mostly polyethene and other materials, are used to make aluminum composite panels, which are available in thicknesses ranging from 3 to 6mm. Because of their unique color options, aluminum composite panels are ideal for attractive and modern interior designs.

According to Global Construction Perspectives and Oxford Economics' global construction 2030 research, the global construction sector is predicted to exceed USD 8 trillion by 2030. Factory, industrial facility, stadium, and office construction has grown. This would have a direct impact on the requirement for long-term aesthetic building construction solutions in these structures.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing activities in the commercial and industrial areas are expected to drive market growth during the forecast period.
  • Increasing demand from end-use industries is expected to drive market expansion in the coming years.
  • Rising popularity of anti-toxic and antibacterial panels, along with advantages of aluminum composite panels, such as durability and decreased sound transmission; protect the surface from UV light, heavy rain, wind, humidity, and hazardous germs and microorganisms are projected to fuel market growth in the coming years.
  • Availability of less expensive alternatives is estimated to hinder the market growth.
  • R&D investments and technological advancements in hotels are anticipated to create lucrative opportunities for the market players.

Scope of the Report

The report on the aluminum composite panel market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Aluminum Composite Panel Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Top-Coatings (PE [Polyester], PVDF [Polyvinylidene Fluoride], and Other Top Coatings) and End-user Industries (Building and Construction, Transportation, and Other End-user Industries)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

3A Composites GmbH, Jyi Shyang Industrial Co., Ltd., Arconic Inc., Alstrong Enterprises India (Pvt) Ltd, and Alubond U.S.A.


Market Segment Insights

PVDF segment is projected to account for a large market share
In terms of top-coatings, the aluminum composite panel market is segmented into PE [Polyester], PVDF [Polyvinylidene Fluoride], and Other Top Coatings. The PVDF segment is expected to account for a key share of the market during the forecast period owing to their characteristics, such as corrosion and wear resistance, as well as their durability. On the other hand, the PE segment is anticipated to expand at a rapid pace during the forecast period owing to qualities such as exceptional stiffness, surface flatness, smoothness, and thermal and acoustic insulation.

Aluminum Composite Panel Market By Top-Coatings

Building and construction segment is anticipated to register at a rapid CAGR
On the basis of end-user industries, the aluminum composite panel market is segmented into building and construction, transportation, and other end-user industries. The building and construction segment is expected to account for a key share of the market in the coming years due to the environmentally beneficial features such as green buildings. Moreover, the benefits of the aluminum composite panel, including thermal and acoustic insulation, as well as corrosion resistance, are likely to drive demand in the current building segment. In addition, increased product use in ornamental and cladding applications to fulfil transitional energy and building regulations is expected to boost segment growth in the coming years.

Asia Pacific is estimated to dominate the market
On the basis of regions, the aluminum composite panel market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to the rapidly expanding construction sector, particularly in emerging economies such as China, India, Indonesia, and Vietnam. The region's expansion is also fueled by a growing population, as well as government programmes that promote basic amenities and significant demand for inexpensive housing. On the other hand, the market of North America is expected to exhibit a rapid growth rate in the coming years owing to being aided by an increase in government programmes and efforts aimed at improving infrastructure.

 Aluminum Composite Panel Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aluminum Composite Panel Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Aluminum Composite Panel Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Aluminum Composite Panel Market - Supply Chain
  4.5. Global Aluminum Composite Panel Market Forecast
     4.5.1. Aluminum Composite Panel Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Aluminum Composite Panel Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Aluminum Composite Panel Market Absolute $ Opportunity
5. Global Aluminum Composite Panel Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Aluminum Composite Panel Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Aluminum Composite Panel Demand Share Forecast, 2019-2026
6. North America Aluminum Composite Panel Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Aluminum Composite Panel Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Aluminum Composite Panel Demand Share Forecast, 2019-2026
7. Latin America Aluminum Composite Panel Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Aluminum Composite Panel Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Aluminum Composite Panel Demand Share Forecast, 2019-2026
8. Europe Aluminum Composite Panel Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Aluminum Composite Panel Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Aluminum Composite Panel Demand Share Forecast, 2019-2026
9. Asia Pacific Aluminum Composite Panel Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Aluminum Composite Panel Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Aluminum Composite Panel Demand Share Forecast, 2019-2026
10. Middle East & Africa Aluminum Composite Panel Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Aluminum Composite Panel Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Aluminum Composite Panel Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Aluminum Composite Panel Market: Market Share Analysis
  11.2. Aluminum Composite Panel Distributors and Customers
  11.3. Aluminum Composite Panel Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. 3A Composites GmbH
     11.4.2. Jyi Shyang Industrial Co. Ltd.
     11.4.3. Arconic Inc.
     11.4.4. Alstrong Enterprises India (Pvt) Ltd
     11.4.5. Alubond U.S.A
Segments Covered in the Report
The aluminum composite panel market has been segmented on the basis of

Top-Coatings
  • PE [Polyester]
  • PVDF [Polyvinylidene Fluoride]
  • Other Top Coatings
End-user Industries
  • Building and Construction
  • Transportation
  • Other End-user Industries
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • 3A Composites GmbH
  • Jyi Shyang Industrial Co. Ltd.
  • Arconic Inc.
  • Alstrong Enterprises India (Pvt) Ltd
  • Alubond U.S.A

Key players competing in the aluminum composite panel market include 3A Composites GmbH, Jyi Shyang Industrial Co., Ltd., Arconic Inc., Alstrong Enterprises India (Pvt) Ltd, and Alubond U.S.A.

 Aluminum Composite Panel Market By Key Players

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