Global Aluminium Composite Panels Market - 2021-2028

Global Aluminum Composite Panels Market is segmented By core materials(Plastic, Wood, Other), By coating type(Polyvinylidene fluoride, Fluoropolymer Resins, Polyester Paint), By application type(Construction, Automotive, Packaging, Others), By sales channel(Direct, Indirect), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Share, Size, Outlook, and Opportunity Analysis, 2020-2027

Market overview

The Global Aluminium Composite Panels Market is expected to grow at a CAGR of 6.2% during the forecasting period (2020-2027).

Aluminum composite panel (ACP) is a flat panel crafted from two aluminum alloy sheets bonded with a non-aluminum core to form a composite. ACP is used for cladding or as facade material in buildings, insulation, and signage.

ACP is light-weight, rigid and durable and offers fire resistance, weatherproofing capabilities, and its color does not fade on being exposed to sunlight. The installation cost of ACPs is usually low.

Market Dynamics

Properties such as chemical, fire, UV rays and antibacterial resistance is driving the market for the global aluminum composite panels market.

Aluminum composite panels are used in automotive which makes the vehicles light-weighted and secured from fire, UV rays, etc.; it has driven global aluminum composite panels market.

The plastic core material used in aluminum composite panels makes the product flexible, which is driving the market for global aluminum composite panels market.Market Restraints

The burned-out-shell of Grenfell Tower in London, the Ministry of Business, Innovation and Employment audit the certification system, recommended for suspension of six certificates covering 13 types of aluminum composite panel cladding including six fire resistance (FR) types, making up probably 90% of the market.

Thus, the suspension of these composite materials can be a significant restraint for the global aluminum composite panels market.

The cost for automotive has been increasing due to the installation of new products and technology; this leads to high pricing of automotive to the customer which causing significant restraints to the global aluminum composite panels market.

Market Segmentation

By application type

The aluminum composite panels are used majorly by construction, automotive, packaging, and other industry. APCs are used in automotive that lighten the weight of the vehicle. The automotive industry segment is growing strongly in this market with the massive sale of passenger vehicles globally. The construction and aviation industry has the significant demand for aluminum composite panels globally.

By coating type

The coatings used over aluminum composite panels are Polyvinylidene fluoride, fluoropolymer resins, and polyester paint. Polyvinylidene fluoride has the principal market for global aluminum composite panels.

The coatings that protect the aluminum panel from fire, chemical, UV rays antibacterial and other are polyvinylidene Fluoride, Fluoropolymer resins, and polyester paint.

By geography

The Asia Pacific has a significant market for aluminum composite panels and is expected to have continued growth in the forecast period to 2025, as the considerable manufacturer for ACPs is located in China, Taiwan, and Japan, etc.

Competitive Analysis

The top five companies for aluminum composite panels are Yaret Industrial Group, 3A Composites GmbH, Jyi Shyang Industrial, Alstrong, and Arsenic. Yaret Industrial Group holds the primary market for aluminum composite panels globally.

Key market segments covered

Aluminum sandwich panels- by core materials

• Plastic
• Wood
• Other

BY COATING TYPE

• Polyvinylidene fluoride
• Fluoropolymer Resins
• Polyester Paint

BY APPLICATION TYPE

• Construction
• Automotive
• Packaging
• Others

BY SALES CHANNEL

• Direct
• Indirect

BY REGION

• Asia Pacific
• Europe
• North America
• South America
• Rest of the World

Why purchase the report?

• Visualize the composition of the Global Aluminium Composite Panels market across each indication, regarding by aluminum sandwich panels- by core material, by coating type, by application type and by sales channel highlighting the vital commercial assets and players.
• Identify business opportunities in Global Aluminium Composite Panels market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of the Aluminium Composite Panels - level 4/5 segmentation
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
• Product mapping in excel for the Aluminium Composite Panels products of all major market players

Target Audience

• Raw Material Suppliers/ Buyers
• Product Suppliers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals
• Emerging Companies
• Manufacturer

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