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The global aluminum composite panels market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
An aluminum composite panel (ACP) refers to a lightweight external cladding material used for creating contemporary facades on buildings, ceilings and signage boards. It is manufactured using two thin coil-coated aluminum sheets that are bonded to a non-aluminum core. In comparison to the traditionally used cladding materials, such as tiles, wood and unplasticized polyvinyl chloride (uPVC), ACP offers enhanced ease of installation, resistance to chemicals, moisture, corrosion and ultraviolet (UV) rays. Apart from this, they can be digitally printed, are highly flexible and versatile, require low-maintenance and available in a wide variety of colors and textures.
Significant growth in the advertising industry is one of the key factors creating a positive outlook for the market. ACPs are commonly used for outdoor advertising in public spaces and in-transit vehicles for displaying clear, attractive and insightful ads. Furthermore, the increasing demand for durable and lightweight materials for both commercial and residential constructions is providing a thrust to the market growth. They are also extensively utilized in the insulation of high-rise buildings and reinforcing ceilings of tunnels. In line with this, polyvinylidene difluoride (PVDF)-coated ACPs are used to protect the exposed portion of the building from extreme climatic conditions, which, in turn, aids in retaining the color and gloss for a longer duration. Moreover, increasing utilization of ACPs in automobiles for enhanced aesthetics is acting as another growth-inducing factor. The panels are used for decorative padding and as noise dampers as they are compression-resistant and offer high acoustic insulation. Other factors, including increasing construction of green buildings across various regions, are anticipated to drive the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the global aluminum composite panels market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on base coating type, panel type, composition and application.
Breakup by Base Coating Type:
Breakup by Panel Type:
Breakup by Composition:
Breakup by Application:
Breakup by Region:
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.
|Base Year of the Analysis||2020|
|Segment Coverage||Base Coating Type, Panel Type, Composition, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||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.|
|Customization Scope||10% Free Customization|
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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