Press release
Aluminum Composite Panels Market Trend Industry Innovation Market Analysis Share Growth Forecasts 2022
Aluminum composite panels are light-weight composite material consisting of two pre-finished aluminum cover sheets heat-bonded to a core made of polyethylene plastic material. These panels are used widely as exterior coverings of commercial buildings and corporate houses.
The growth of global aluminum composite panels market can be attributed to increasing industrial & commercial construction activities in emerging economies and rise in automotive production. However, high prices of raw materials is a major restraint that may limit the market growth.
The global aluminum composite panels market is poised to grow approximately at 6% CAGR and is estimated to touch USD XX million by the end of 2022.
Data integration and capabilities are analyzed to support the findings and study the predicted geographical segmentations. Various key variables and regression models were considered to calculate the trajectory of Aluminum Composite Panels Market. Detailed analysis is explained and given importance to with best working models.
Geographically, the segmentation is done into several key regions like North America, Middle East & Africa, Asia Pacific, Europe and Latin America. The production, consumption, revenue, shares in mill UDS, growth rate of Aluminum Composite Panels Market during the forecast period of 2018 to 2022 is well explained.
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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.
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
Key Players:
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)
Msenco Metal Co.Ltd. (China).
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, 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.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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