Aluminum Composite Panels Global Market Projected To Grow At 6% of CAGR by 2022
Market Research Future published a half cooked research report on “Global Aluminum Composite Panels Market Research Report – Forecast to 2022”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022
Pune, India – August 8, 2017 /MarketersMedia/ —
Global Aluminum Composite Panels Market by Type (Fire Resistant, Anti-bacterial, Anti-Static), by Coating Base (Polyvinylidene Difluoride (PVDF) and Polyethylene (PE), by Application (Building & Construction, Advertising boards, Transportation), by Region (North America, Europe, Asia-Pacific and Rest of World) – Forecast to 2022
The Global Aluminum Composite Panels Market is growing with the rapid pace; mainly due to the burgeoning construction industry. According to a recent study report published by the Market Research Future, The global market of ACP is booming and expected to gain prominence over the forecast period. The global Aluminum Composite Panels market is forecasted to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking 6% of a CAGR during the estimated period (2016 – 2022).
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The growth of global Aluminum Composite Panels market can be attributed to increasing industrial & commercial construction activities in emerging economies and rise in automotive production. However, high prices of raw materials is a major restraint that may limit the market growth. Additionally, some of the disadvantages of ACPs such as it’s susceptible character/ nature to dents during storms and hurricanes and it’s joints that need extra care while sealing and need for adequate water proofing to avoid water penetration into the building during the rains. Such factors are accountable for hampering ACPs popularity. However some manufacturers further reinforce the panels with special threads to prevent any such damage and to ensure the precautionary measures are transpired. Wood cladding designs for exterior and interior decoration or walls and uPVC windows are the current trend observed in the ACP market.
Aluminum Composite Panels are light-weight composite material consisting of two pre-finished Aluminum cover sheets heat-bonded to a core made of polyethylene plastic material. Apart from being very economical, lightweight, rigid, durable and strong cladding material, ACPs are available in numerous colours and finishes. Aluminum could be used to replicate the colour and texture of natural stone and wood very efficiently.
These panels are used widely as exterior coverings of commercial buildings and corporate houses. It is widely used as a very popular building cladding material for modern buildings. Its seamless finish imparts a very contemporary look to the buildings. Aluminum composite cannels are frequently used for facade cladding and signage. Aluminum composite panel is easy to process. With ACPs the project time can shorten and minimize the cost. Aluminum composite panel can be cut, sheared, slotted, sawed, punched, bent, riveted, bolted, and stuck with glue. All these properties make ACP a very popular façade element.
Aluminum Composite Panels Global Market – Segmentation
To give the insight information on Global Aluminum Composite Panels Market report, MRFR has segment the report in to 4 key dynamics –
Segmentation By Type : Comprises Fire Resistant, Anti-bacterial, Anti-Static and other.
Segmentation By Coating Base: Comprises Polyvinylidene Difluoride (PVDF) and Polyethylene (PE).
Segmentation By Applications : Building & Construction, Advertising boards, Transportation and other.
Segmentation By Regions : Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
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Key Players
• American Building Technologies, Inc. (U.S.)
• Alcoa Inc. (U.S.)
• Alumax Industrial Co., Ltd. (Taiwan)
• Yaret Industrial Group (China)
• Shanghai Huayuan New Composite Materials Co., Ltd. (China)
• Mitsubishi Plastics, Inc. (Japan)
• Changshu Kaidi Decoration Material Co., Ltd. (China)
• Jyi Shyang Industrial Co., Ltd. (Taiwan)
• Guangzhou Xinghe ACP Co., Ltd. (China)
• Msenco Metal Co., Ltd. (China)
Aluminum Composite Panels Global Market – Competitive Analysis
Characterized by the presence of several well-established and small players, the global Market of Aluminum Composite Panels appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market and to maintain their market position. These key players compete based upon pricing, Technology and services. Vendors operating in the Aluminum Composite Panels Market strive to deliver the best quality products and services based on innovative technologies, and best practices. Aluminum Composite Panels market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. ACP manufacturers offer a broad gamut of ACP products such as ACP sheets, ACP cladding and ACP panels. ACP manufacturers strive to build a favourable reputation in the market backed by quality and experience in the ACP market space and to produce an extensive ACP product line in a streamlined manner with the able assistance of their state-of-the-art infrastructure to precisely meet the customers’ ACP cladding specifications.
Aluminum Composite Panels Global Market – Regional Analysis
Asia-Pacific is the leading market and is projected to grow with a substantial CAGR during the forecast period. It is due to countries such as China, Japan, Australia and India, where the investment in building & construction industry is high due to rapid industrialization. In addition, improving financial conditions in the region is also aiding the growth of the market.
North America is expected to experience moderate growth during the forecast period, due to increasing usage of Aluminum Composite Panels for decorative and cladding applications to foster better insulation.
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Table of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Aluminum Composite Panels Market, By Type
4.1 Introduction
4.2 Fire-resistant
4.3 Anti-bacterial
4.4 Anti-Static
5 Global Aluminum Composite Panels Market, By Coating Base
5.1 Introduction
5.2 Polyvinylidene difluoride (PVDF)
5.3 Polyethylene (PE)
6 Global Aluminum Composite Panels Market, By Application
6.1 Introduction
6.2 Building & Construction
6.3 Advertising boards
6.4 Transportation
Contact Info:
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Email: Akash.Anand@Marketresearchfuture.Com
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