Press release
Aluminum Composite Panels Market is predicted to grow approximately at 6% CAGR by 2022
Aluminum Composite Panels Market
Market Highlights:
The growing automotive production across the globe, especially in emerging nations of Asia Pacific region, is expected to drive market growth during the forecast period. Aluminum Composite Panels are being increasingly used in automotive industry to reduce overall weight of the vehicle, thereby increasing fuel efficiency and lowering maintenance costs. Countries with massive automotive industry such as U.S., Germany, India, China, Japan, and South Korea are expected to boost the aluminum composite panels (ACP) market during the forecast period.
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The Global Aluminum Composite Panels Market is expected to cross USD XX Million mark by the end of forecast period and is expected to grow approximately at 6% CAGR from 2016 to 2022.
Key Players:
The key players of the Global Aluminum Composite Panels Market are American Building Technologies, Inc. (U.S.), Alcoa Inc. (U.S.), Alumax Industrial Co., Ltd. (Taiwan), Yaret Industrial Group (China), Shanghai Huayuan New Composite Materials Co., Ltd. (China), Mitsubishi Plastics, Inc. (Japan), Changshu Kaidi Decoration Material Co., Ltd. (China), Jyi Shyang Industrial Co., Ltd. (Taiwan), Guangzhou Xinghe ACP Co., Ltd. (China) and Msenco Metal Co., Ltd. (China).
Market Research Analysis:
Based on applications, the market is bifurcated as building & construction, advertising boards and transportation. Among these, building & construction has accounted for the largest market share due to the rising urbanization and increasing demand for durable and better quality houses.
Based on regions, the market is segmented as North America, Europe, Asia-Pacific and Rest of World, out of which, Asia-Pacific is expected to dominate the market during the forecast period, owing to the growing population, as it helps boost the construction activities in the region. China is the major contributor to the market growth in the region.
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Scope of the Report:
This study provides an overview of the Global Aluminum Composite Panels Market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Aluminum Composite Panels Market by its type, coating-base, application and regions.
By Type
• Fire-Resistant
• Anti-Bacterial
• Anti-Static
By Coating Base
• Polyvinylidene difluoride (PVDF)
• Polyethylene (PE)
By Application
• Building & Construction
• Advertising Boards
• Transportation
By Regions
• North America
• Europe
• Asia-Pacific
• Rest of World
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Email: sales@marketresearchfuture.com
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