According to IMARC Group’s latest report, titled “Global Aluminum Composite Panels Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global aluminum composite panels market to continue its moderate growth during the next five years.
An aluminum composite panel (ACP) is a lightweight external cladding material manufactured by using two thin coil-coated aluminum sheets bonded to a non-aluminum core. It is primarily employed for designing contemporary facades on buildings, ceilings, and signage boards. ACP offers ease of installation and resistance to moisture, chemicals, corrosion, and ultraviolet (UV) rays. Besides this, they are low-maintenance and are available in a wide variety of colors and textures or can be digitally printed.
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Market Trends
The expanding advertisement industry has propelled the utilization of aluminum composite panels for outdoor advertising, thereby augmenting the market growth. Additionally, the rising adoption of durable and lightweight materials for numerous commercial and residential construction activities is also catalyzing the global market for ACPs. Furthermore, the growing number of green and smart buildings has augmented the need for ACP and its coated variants to provide insulation and protect the exposed area of the building from harsh climatic conditions. The market is further driven by the increasing utilization of ACPs in automobiles as noise dampers for compression-resistant and high acoustic insulation.
The report has segmented the market on the basis of base coating type, panel type, composition, application and region.
Breakup by Base Coating Type:
- PVDF
- Polyester
- Laminating Coating
- Oxide Film
- Others
Breakup by Panel Type:
- Fire-Resistant
- Antibacterial
- Antistatic
Breakup by Composition:
- Surface Coating
- Metal Skin
- Core Material
- Rear Skin
Breakup by Application:
- Construction
- Automotive
- Advertising Boards
- Railways
- Others
Explore full report with table of contents: https://www.imarcgroup.com/aluminum-composite-panels-market
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being 3A Composites (Schweiter Technologies), Alubond U.S.A. (Mulk Holdings Group), Alumax Industrial Co. Ltd., Changshu Kaidi Decoration Material Co. Ltd., Guangzhou Xinghe Aluminum Composite Panel Co. Ltd., Mitsubishi Chemical Corporation, Shanghai Huayuan New Composite Materials Co. Ltd. and Shyang Industrial Co. Ltd.
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