The market for global aluminum composite panels, which was valued at USD 6.46 billion in 2022, is projected to grow to USD 11.51 billion by 2029 at a CAGR of 8.6%.
Aluminium Composite Panels Market Report Overview
MMR provides a brief description of Aluminium Composite Panels industry. It includes a detailed analysis of the ” Aluminium Composite Panels market ” that highlights standard topics and customizes the data as needed. This overview help investors to understand the situation in the Aluminium Composite Panels industry.
Aluminum Composite Panels are made by sandwiching a non-aluminum core between two metal sheets. Low-density filler, often polyethylene, and a variety of materials with thicknesses ranging from 3 to 6 mm are used to create the composite panels. Aluminum composite panels can be cut or molded into any shape or size and are lightweight and inexpensive. They are therefore excellent for external cladding, signpost boards, and ceiling decoration.
Aluminium Composite Panels Market Report Scope and Research Methodology
The Aluminium Composite Panels market report outlines the current and historical growth patterns of the market, along with the state of the market CAGR, market size, forecast and revenue share, and trends price. The Aluminium Composite Panels market report includes industry-specific challenges, lucrative opportunities, and technical advancements that help key players increase revenue and growth. The report covers current and future trends that are driving the development of the Aluminium Composite Panels market. The report includes the competitive landscape along with future technical and financial details of the Aluminium Composite Panels industry. Company profiles, capacity, manufacturing, price, cost, revenue and statistics are also included in the Aluminium Composite Panels market report along with their SWOT analysis including strengths, weaknesses, opportunities and threats. The bottom-up approach has been used to estimate the Aluminium Composite Panels market size by value and volume. All the information has been found by using primary and secondary research methods for the Aluminium Composite Panels market report.
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Aluminium Composite Panels Market Regional Insights
This section in the Aluminium Composite Panels market report includes a detailed analysis of all the regions including North America, Asia Pacific, Europe, South America and the Middle East and Africa with their key countries. An in-depth analysis of trends and Aluminium Composite Panels key players in each region with detailed information on their revenue and business is included in the report.
Aluminium Composite Panels Market Segmentation
Type of Base Coating Polyvinylidene difluoride dominated the market in 2022, accounting for more than 34.4% of the Aluminium Composite Panels Market, due to a wide range of applications including lightweight buildings, high-speed trains, and advertisement boards. Durability and other attributes like corrosion and wear resistance are also likely to promote segment expansion. Because of characteristics like extraordinary stiffness, surface flatness, smoothness, and thermal and acoustical insulation, PE panels are very frequently used in construction. Due to benefits including simplicity of manufacture and processing, it is anticipated to grow greatly in the future.
By Kind,
During the projected period, the fire-resistant ACP segment is anticipated to increase more quickly.
ACPs are constructed from two thin sheets of aluminum layered between two layers of insulation. ACPs are also referred to as sandwich panels as a result. Among the components used to create the insulating material are Polyethylene (PE), Polyisocyanurate (PIR), Polyurethane (PUR), Expanded Polystyrene (EPS), Extruded Polystyrene (XPS), and Modified Phenolic Foam. The materials glass wool and stone wool are inflammable.
In recent years, a number of non-combustible and limited-combustibility ACPs (with varying specifications) have been introduced. ACPs that are fire-resistant or fire-retardant are offered by several well-known companies. As a result, the building and construction industries are predicted to drive greater growth for the fire-resistant ACP (ACPs with non-combustible insulation) sector.
1. Global Aluminium Composite Panels Market Size, by Base Coating Type (2022-2029)
• Polyvinylidene difluoride
• Polyethylene
2. Global Aluminium Composite Panels Market Size, by Type (2022-2029)
• Fire-resistant
• Anti-bacterial
• Anti-static
3. Global Aluminium Composite Panels Market Size, by Application (2022-2029)
• Building & Construction
• Advertising
• Transportation
• Others
Aluminium Composite Panels Market Key Competitors include
1. Mitsubishi Chemical Corporation
2. Jyi Shyang Industrial
3. Alstrong
4. Arconic
5. Yaret Industrial Group
6. 3A Composites
7. Alubond U.S.A.
8. Alumax Industrial
9. Shanghai Huayuan New Composite Materials
10.Changshu Kaidi Decoration Material
11.Guangzhou Xinghe Aluminium Composite Panel
12.Jyi Shyang Industrial.
13.EUROBOND – EURO PANEL PRODUCTS LIMITED.
14.Constellium
15.Mulford Plastics
16.RUSAL
17.Interplast
18.Aludecor Lamination Pvt. Ltd.
19.VIVA COMPOSITE PANEL PVT. LTD.
20.Taizhou Kingertai Decoration Material Co., Ltd.
21.Alucoil
22.MBond Manufacturer Sdn Bhd
23.Kingaluc
24.Harwal Group of Companies
25.Xinjiang Yayet Chemical Co., Ltd.
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Key Offerings:
• Market Share, Size & Forecast by Revenue | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
• Market Segmentation – A detailed analysis by Segment, sub-segments and Region
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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