Aluminum Composite Panel Market size is expected to value at USD 8.26 billion by 2025

 The global Aluminum Composite Panel Market size is expected to value at USD 8.26 billion by 2025. The aluminum composite panels industry is subject to witness a substantial growth due to the rapid development in construction and infrastructure activities across both developed and developing economies. Exponential population growth in developing economies and rapid urbanization are some of the critical factors responsible for growth of aluminum composite panel industry in upcoming years.


Substantial investment by local government to improve existing infrastructure and rise in the construction activities, are expected to boost marker growth. Globally, the aluminum composite panels market is predicted to grow at CAGR of 6.92% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.


Some of the important properties of aluminum composite panel are erosion resistance, wear resistance, and heat resistance. Such properties are vital for applications such as exterior cladding, ceiling, flooring, and interior cladding. Growing popularity of the aluminum composite panels (ACPs) is anticipated to boost market expansion of the market over the forecast period. Additionally, rise in the number of the application of the aluminum composite panels (ACPs) in various manufacturing process in automotive industry is driving market growth further. Rise in the adoption of lightweight commercial vehicle (LCV) from the logistics & transportation industry is predicted to boost the demand of aluminum composite panels (ACPs), in years to come.


Download Free sample Report 

https://www.millioninsights.com/industry-reports/aluminum-composite-panel-market


Polyvinylidene difluoride (PVDF)-based aluminum composite panel is one of the fastest growing segment in the aluminum composite panel market with substantial revenue generation in the last couple of years. Rising market value of the polyvinylidene difluoride (PVDF)-based aluminum composite panels is attributed to increasing adoption in automotive and advertisement board applications. Polyvinylidene difluoride (PVDF)-based APCs offer exclusive properties such as operational efficiency, cost-effectiveness, protection against wear & tear, resistance to ultraviolet radiation, corrosion resistance, and water resistance. These advantages makes them ideal for application involving automotive and advertisement board, in comparison with their counterparts. Fluctuations in the prices of the aluminum substantially impacts cost of the aluminum composite panels, thus directly hampering the market growth


Coating-aluminum composite panels segment has also witnessed significant growth in recent years, owing to increasing adoption in various manufacturing processes such as multi-layer extrusion lamination. Additionally, increase in use of laminating coating-APCs in the construction industry is expected to fuel growth of this segment in upcoming years. Some of the key features of laminating coating-APCs include durability, longevity, flexibility, high tolerance, and ease during installation.


Aluminum composite panels (ACP) typically consists of aluminum composite material (ACM). The design of ACP involves two thin coil-coated aluminum sheets merged together with a non-aluminum core. Applications of the aluminum composite panels (ACP) include exterior cladding, facades of buildings, insulation, and signage. Aluminum composite panels (ACP) also used in partitions, false ceilings, signage, and large containers. Aluminum composite panels (ACP) are ideal alternative for to large, heavy and costly substrates in the signage industry. These factors are responsible for sustained market growth, in the last couple of years.


The aluminum composite panels industry is divided by region such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rising governmental initiatives to promote infrastructure activities in the region and existence of prominent industry players. Asia-Pacific region is predicted to hold major market share in the aluminum composite panel industry with massive growth in forecast period. Countries such as India, China Indonesia and Vietnam are leading the Asia-Pacific market with exponential growth in population, leading to high-end demand for cheap housing. Other factors prompting market growth in the region are multiple government schemes to provide basic amenities like food and shelter, coupled with investment by leading industry players considering potential growth opportunities in the region.


Browse Full Research Report with TOC:  

https://www.millioninsights.com/industry-reports/aluminum-composite-panel-market/request-sample


The key players in the aluminum composite panels market are Alcoa Co., Interplast Co. Ltd., Aludecor Ltd., Alubond U.S.A, and 3A Composites Ltd.


Market Segment:


Product Outlook (Volume, Million Sq. Ft.; Revenue, USD Million, 2014 - 2025)

    • PVDF

    • Polyester

    • Laminating Coatings

    • Oxide Film

    • Others


Application Outlook (Volume, Million Sq. Ft.; Revenue, USD Million, 2014 - 2025)

    • Construction

    • Automotive

    • Advertisement Boards

    • Railways

    • Others


Regional Outlook (Volume, Million Sq. Ft.; Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • UK

        • France

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

        • Saudi Arabia

continue........


Get In Touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com


Global Headquarters

Million Insights

Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States

Phone: 1-408-610-2300

Email: sales@millioninsights.com


Asia Pacific

Million Insights

Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India

Phone: 91-20-65300184


Comments

Post a Comment

Popular posts from this blog

Car Rental Services Industry Procurement Intelligence, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2027

  Procurement Outlook The car rental industry has witnessed significant growth in the last ten years due to the increasing penetration of online rental car booking applications. The market is emerging as one of the key segments in the global transportation industry, as  car rental services   not only benefit customers and rental companies but also car manufacturers. Automotive manufacturers have started leasing cars to small rental companies who increase their fleet size without making large investments. There has been a significant increase in global travel in the last few years. Global commuters are increasingly demanding familiar, reliable, and high-quality travel services during their travel. Some regional car rental operators are attempting to leverage this trend by expanding their brand and distribution platforms on a global level. The implementation of an integrated global car rental system is expected to enable these operators to manage their widespread business operations. Dem
Read more

Activated Carbon Industry Procurement Intelligence Low & Best Cost Country, Day One Analysis Report, 2020 – 2025

  Procurement Outlook Activated carbon is a form of carbon that is processed to contain small, low-volume pores. These pores increase the surface area available for adsorption or chemical reactions. Activated carbon is used in various applications like gas purification, analytical chemistry, industrial use, medical purposes, fuel storage, chemical purification, mercury scrubbing, etc. The two most commonly used types of activated carbon are powdered activated carbon and granular activated carbon. Activated carbon is sold in wholesale quantity at a flat fee transactional model. The prices are regulated. The price of  activated carbon  has demonstrated fluctuations over the last year. For example, the domestic price trend in China for activated carbon in August 2020 averaged at USD 1,550.57 per metric tonne. In the last year, it rose to an all-time high of USD 1,642.19 in November 2020. Post then, the prices have dipped. Currently, the price stands at USD 1381.58 per metric tonne. Demand
Read more

Recycled Glass Industry Procurement Intelligence, Low & Best Cost Country, Day One Analysis Report, 2020 – 2027

  Procurement Outlook Growing awareness about the environment and the need of reducing glass waste in driven the need for glass recycling. Glass is 100% recyclable and can be recycled endlessly without loss in quality or purity.  Recycled glass  can be substituted for up to 95% of raw materials. Recycled glass reduces carbon emissions, reduces the consumption of raw materials of glass manufacturing, extends the life of plant equipment, such as furnaces, and saves energy.  Following is the process of industrial glass recycling: Collection of recyclable glass Transportation of recyclable to a material recovery facility (MRF) Collected glass waste is separated by material type Glass from the MRF and drop-off locations is sent to a glass processing company Glass is separated from other waste and contaminants Sorting of glass based on color Glass cullet is sold to glass container manufacturers Glass container manufacturers then use that glass cullet to make new glass containers Demand Outlo
Read more