Global Aluminum Composite Panel Market
- MAR2978815
- 223 Pages
- December 2017
- Materials and Chemicals
The growing population and urbanization has resulted in increased demand for infrastructure development as well as residential construction. This has resulted in increased pressure on the construction sector worldwide. The superior properties of aluminum composite panels such as corrosion resistance, wear resistance and fire protection renders the product very useful for external cladding, internal wall cladding, ceiling and flooring functions in the construction industry.
End-user/Technology
Aluminum composite panels find a vast majority of their application scope in the automotive industry to be associated with body paneling. Due to the significant price fluctuations in the aluminum industry, prices of aluminum composite panels are highly dynamic in nature, thereby resulting in altering margins to the different participants across the value chain of the industry. Therefore, the manufacturers sell the aluminum composite panel products directly to consumers or supply through third-party dealers.
Market Dynamics
The key factor which drives the demand for global aluminum composite panel market is the growing demand for advanced automotive solutions worldwide. Aluminum composite panels are being widely used for this application to reduce overall weight of the vehicle, thereby increasing fuel efficiency and lowering maintenance costs. The exponential growth of the automotive industry in key countries such as the U.S., Russia, Germany, Japan, India, China, and South Korea is expected to further drive the global market for aluminum composite panel.
Market Segmentation
The global aluminum composite panels market is segmented as follows- market by coating base type (PVDF, PE), market by application (building and construction) and market by geography (Asia, North America, South America and Europe).
Regional/Geographic Analysis
In terms of volume consumption, the aluminum composite panel industry in Asia Pacific is projected to grow at a CAGR of over 7% during 2017 to 2022.
Opportunities
The growing infrastructure development activities in emerging economies like Asia Pacific and Middle East and Africa has resulted in increased demand for commercial and heavy vehicles for logistics, public transport and industrial applications. This provides great opportunity for the aluminum composite panel market to grow in these regions. Due to rising application scope in advertisement boards, PVDF-based aluminum composite panels are expected grow rapidly. The advanced growth of the construction and infrastructure industries is expected to drive the growth opportunity of the aluminum composite panels market over the coming years.
Key Players
Some of the major vendors of the global aluminum composite panel market are 3A Composites, Alubond U.S.A, Jyi Shyang Industrial, Alcoa and Guangzhou Xinghe ACP.
Report Contents:
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players
Regional Analysis:
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Russia
>> Poland
>> Rest of Eastern Europe
> Asia Pacific
>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Report Highlights:
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
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