Aluminum Composite Panels Market to grow from USD 6.3 billion in 2022 to USD 8.8 billion by 2027, at a CAGR of 4.6% during the forecast period.
The global Aluminum Composite Panels market was worth USD 6.3 billion in 2022, with a CAGR of 4.6% projected from 2022 to 2027. Over the forecast period, the market is expected to be driven by expanding the application scope of lightweight aluminium composite panels in the building industry for insulation. These composite panels have benefits for building constructions such as reduced thickness, increased insulation, and better sealing.
The market for aluminum composite panels is experiencing high growth due to factors like growth in demand from end-use industries, increase in commercial and industrial activities and increase in popularity of antibacterial and anti-toxic panels along with benefits which are associated with aluminum composite panels like reduced sound transmission and durability, protection of the surface from the elements like heavy rain, wind, UV-sunlight, humidity, and harmful microbes and bacteria. Growth in the construction industry and urbanization have proved pivotal in increasing demand for aluminum composite panels especially in developing economies like South America and APAC.
Top Key Players in the Aluminum Composite Panels Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Aluminum Composite Panels Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include Arconic, 3A Composites, Mulk Holdings, Mitsubishi Chemical Corporation, Jyi Shyang, Yaret, CCJX, Seven, Goodsense, HuaYuan, Multipanel, Wallets Decorative Material, Pivot, Genify, HongTai, LiTai, Alucomex, AG BRASIL, Alucosuper, Alucomaxx, Yaret Industrial Group, Alubond U.S.A., Alumax Industrial, Shanghai Huayuan New Composite Materials, Changshu Kaidi Decoration Material, Guangzhou Xinghe Aluminum Composite Panel, and Jyi Shyang Industrial and others.
Global Aluminum Composite Panels Market research provides detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
Aluminum Composite Panels Market is segmented based on the type, applications, companies, and regions.
By Type, Aluminum Composite Panels Market has been segmented into
By Application, Aluminum Composite Panels Market has been segmented into
The report offers an in-depth assessment of the growth and other aspects of the Aluminum Composite Panels Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, and Latin America.
The Asia Pacific led the overall Market in 2018 and is expected to maintain dominance over the expected period. The rapidly growing construction industry, especially in emerging economies like China, India, Indonesia, and Vietnam, is projected to have a positive impact on the regional market. The increasing population coupled with government schemes promoting basic amenities and high demand for affordable housing are also among the major factors driving the region’s growth. An increasing number of green buildings in the region is expected to drive the market further. Increasing governmental schemes and initiatives to promote better infrastructure in North America is supporting the region’s growth.
Aluminum Composite Panels Market highlights the potential growth opportunities in upcoming years while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects in the global market. The Global Aluminum Composite Panels Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes
|
Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 4.6% during the review period (2022 to 2027). |
By Type |
|
By Application |
|
By Companies
| Arconic, 3A Composites, Mulk Holdings, Mitsubishi Chemical Corporation, Jyi Shyang, Yaret, CCJX, Seven, Goodsense, HuaYuan, Multipanel, Wallets Decorative Material, Pivot, Genify, HongTai, LiTai, Alucomex, AG BRASIL, Alucosuper, Alucomaxx, Yaret Industrial Group, Alubond U.S.A., Alumax Industrial, Shanghai Huayuan New Composite Materials, Changshu Kaidi Decoration Material, Guangzhou Xinghe Aluminum Composite Panel, and Jyi Shyang Industrial |
Regions Covered
|
|
Countries Covered |
|
Base Year
|
2022 |
Historical Year
|
2017 to 2022 |
Forecast Year
|
2022 to 2027 |
Customization Available
|
Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Aluminum Composite Panels Market is studied from 2017 - 2027.
What is the growth rate of Aluminum Composite Panels Market?
The Aluminum Composite Panels Market is growing at a CAGR of 4.6% over the next 5 years.
Who are the key players in Aluminum Composite Panels Market?
Arconic, 3A Composites, Mulk Holdings, Mitsubishi Chemical Corporation, Jyi Shyang, Yaret, CCJX, Seven, Goodsense, HuaYuan, Multipanel, Wallets Decorative Material, Pivot, Genify, HongTai, LiTai, Alucomex, AG BRASIL, Alucosuper, Alucomaxx, Yaret Industrial Group, Alubond U.S.A., Alumax Industrial, Shanghai Huayuan New Composite Materials, Changshu Kaidi Decoration Material, Guangzhou Xinghe Aluminum Composite Panel, and Jyi Shyang Industrial
What region does this Aluminum Composite Panels Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Aluminum Composite Panels Market?
Polyvinylidene Difluoride, Polyethylene, Polyester, Laminating coating, Oxide Film
What are the major end-use applications of Aluminum Composite Panels Market?
Building Curtain Wall, Advertising, Automotive, Transportation
Application_List
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.