Industry Background:
Aluminium composite panel made up of a thermoplastic compound core sandwich between two pre-painted or brushed steel effect aluminium sheets. Bonding of the aluminium and the core is achieved by both mechanical and chemical action, this gives excellent bond integrity. Further, it is used in the exterior as well as in the interior of the buildings. The main reason behind this cladding is to improve any dead wall or to provide aesthetics to the elevation of the building. It is available in different colors, different sizes and different shapes and can be utilized in every type of building. Therefore, it is mainly used in commercial complexes and corporate buildings. Moreover, aluminium composite panels are also used with other building materials such as glass.This growth is primarily driven by Increasing Demand For Fire-Resistant Aluminum Composite Panels
.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | Million Square Meters |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Construction Materials sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as American Building Technologies, Inc. (United States), Alcoa Inc. (United States), Alumax Industrial Co., Ltd. (Taiwan), Yaret Industrial Group (China), Shanghai Huayuan New Composite Materials Co., Ltd. (China), Mitsubishi Plastics, Inc. (Japan), Jyi Shyang Industrial Co., Ltd. (Taiwan), Guangzhou Xinghe ACP Co., Ltd. (China), Msenco Metal Co., Ltd. (China) and Constellium (Netherlands), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In June 2023, Alumaze, an Aluminium Composite Panel (ACP) manufacturing company launched range of product. This launch helped company to expand its presence in aluminium composite panels market
In October 2022, Aludecor, Aluminium Composite Panel manufacturer stared its third manufacturing unit in Haridwar. This helped company to expand its presence in aluminium composite panels marketThe players are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new product launches and collaborations as their key strategies. The companies are exploring new geographies through expansions and acquisitions across the world to avail competitive advantage through combined synergies
Influencing Trend:
Easy To Shape, Clean and Maintain
Market Growth Drivers:
Increasing Demand For Fire-Resistant Aluminum Composite Panels and High Corrosion Resistance of the Surface and Significant Applications in Kitchens, Bathrooms, Walls and Others
Challenges:
Upsurge in Cost of Energy
Restraints:
Raw Material Price Fluctuations and Proper Sealing and Adequate Water Proofing Are Required
Opportunities:
Advancements in Aluminum Composite Panels for Interior Decorative Purposes
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Aluminium Composite Panels Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Aluminium Composite Panels Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Aluminium Composite Panels players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Aluminium Composite Panels Study Sheds Light on
The Aluminium Composite Panels Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Aluminium Composite Panels industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Aluminium Composite Panels industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.