Aluminium Composite Panel Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

Report Code: CMR 85778 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

Aluminium Composite Panel Market is forecast to reach $10.23 billion by 2025, after growing at a CAGR of 7.0% during 2020-2025. The growing application range is anticipated to drive the market over the projected span of the lightweight aluminum composite panels for insulation in construction industry. Such composite panels have features such as low thickness, high insulation, fire protection film which are crucial for building structures that are one of the most important factors for demand on the aluminum composite panel market.

Report Coverage

The “Aluminium Composite Panel Market Report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Aluminium Composite Panel Market.

          

Key Takeaways

  • Increased construction industry urbanization and development has led, especially in the Asia-Pacific and South America, to an increase in the demand for aluminum composite panels.
  • In the Asia-Pacific region, Japan is expected to lead the aluminum composite panels market with its rising inclination to convenient and safe building materials.
  • In addition, high surface corrosion resistance and significant applications are expected to drive market growth in kitchens, bathrooms, walls, ceilings.
  • The costs and time involved in repairing aluminum panel, for producers could be a major challenge. However, such causes are avoided by new technologies as pre-made adhesive film and extrusion lamination, and the associated costs are fairly high and are thus a challenge.
  • The most common coating materials for composite aluminum panels in the market are Polyethylene core (PE).

Top Coating- Segment Analysis

Aramid fiber composites segment held the largest share in the Aluminium Composite Panel Market in 2018. Due to a variety of applications, including lightweight construction, high-speed trains, and advertising boards. In addition, the segment's growth is expected to benefit from its features, such as corrosion and wear strength and durability.

End-Use Industry - Segment Analysis

Building and Construction sector has been the primary market for Aluminium Composite Panel by growing at a CAGR of 7.4%. This Aluminium composite panel have wide range of applications in this sector, the market is estimated to record significant changes in respective countries. The top countries in the Building & Construction industry are expected to boom over the next five years. Americas and Europe are estimated to continue to emerge in the global glass landscape. Building & Construction end user further segmented into retail stores, restaurants and hotels, airports, hospitals, arts and exhibition centers, shopping malls, and others. Airports is the largest segment with the share of 22.7% followed by restaurants and hotels with 21.2%, and retail stores with 20.2%. Increase in spending of commercial construction especially in the developing countries such as China, India, and South Korea, will increase the demand of construct ion chemicals. Commercial construction will continue to grow in the future. With more consumer spending and governmental investments in tourism, office buildings and retail space, commercial construction businesses will reap the rewards.   

Geography - Segment Analysis

APAC dominated the Aluminium Composite Panel Market share with more than 42%, followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of South East Asia, the current scenario is changing. In the developing region such as APAC, the expansion of construction industry contributes into the growth of Aluminium composite Panel Market. The Asia Pacific construction industry is worth $4.95 trillion (excluding India) and is expected to reach $5.45 trillion by 2021 according to ENG Cranes. The healthy economic growth in APAC had risen the construction activities in the region. 

By 2020, one half of global construction spending is expected to come from APAC countries with China, Indonesia, Japan, South Korea, and Malaysia are exhibiting the highest growth potential. India is expected to grow at twice the rate of China over the next decade especially into infrastructure sector where government is investing approximately $376.5 billion over the next three years. Japan’s residential and infrastructure construction accounts for 28 to 33% of construction activities. Further, the construction activity is expected to rise in next few years because of upcoming Olympic Games. These factors are likely to increase demand in the region over the forecast period. Therefore, during the forecast period, all such favourable trends are collectively likely to drive the growth of the region's aluminium composite panel market.

Drivers – Aluminium Composite Panel Market

Increasing Demand for Strong and Lightweight Materials in Construction and Transportation

In order to reduce structural weight, sandwich panels are used mainly when designing and constructing transport systems such as aircraft, Satellite, missiles and high speed trains. For the manufacturing of sandwich panels, aluminum composites are used, which in turn boost market growth over the forecast period. In addition, technical developments in the ACP sheets and panels production process are projected to have a huge impact on the overall market. Because of the eco-friendly characteristics of such products, increasing popularity of green buildings is also expected to fuel product needs. The incorporation of ACPs, is governed by various regulations and safety standards, such as LEED and British Safety Standards is favorable for Aluminium composite market. ACPs also offer high tensile strength and reduce the total weight of the frame, which makes it one of the ideal materials for modern construction industries.

Challenges – Aluminium Composite Panel Market

High Price of raw materials

In terms of volatile availability and prices of core materials such as polyethylene core, aluminum metal and other coating materials, the growth of the aluminum composite panel market is limited. Compared to other construction materials, the raw materials of aluminum composite panels are also expensive and manufacturing costs are also high. Fluctuating crude oil prices and fluctuations in foreign currencies have led to increased cost of raw materials.  The initial capital investment required is high to develop facilities for production smelting, refining and metal recovery. The bauxite-to-aluminum smelters are costly. The aluminum industry is power-intensive and consumes between 13,000-15,000 power units per ton, according to Metal World.

Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Aluminium Composite Panel Market. In 2018, the market of Aluminium Composite Panel has been consolidated by the top five players accounting for xx% of the share. Major players in the Aluminium Composite Panel Market are Arconic Inc., Yaret Industrial Group Co Ltd., Mitsubishi Chemical Corporation, 3A Composites GmbH, Alubond U.S.A., Alumax Industrial Co. Ltd., Shanghai Huayuan New Composite Materials Co. Ltd., Changshu Kaidi Decoration Material Co. Ltd., Guangzhou Xinghe Aluminum Composite Panel Co. Ltd, and Jyi Shyang Industrial Co. Ltd., among others.

1. Aluminium Composite Panel Market - Overview
        1.1 Definitions and Scope
2. Aluminium Composite Panel Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Aluminium Composite Panel Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Aluminium Composite Panel Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Aluminium Composite Panel Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Aluminium Composite Panel Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Aluminium Composite Panel Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Aluminium Composite Panel Market - By Top Coating (Market Size -$Million / $Billion)
8.1 PE (Polyester)
8.2 PVDF (Polyvinylidene Fluoride)
9. Aluminium Composite Panel Market - By End-user Industry (Market Size -$Million / $Billion)
9.1 Building and Construction
9.2 Transportation
10. Aluminium Composite Panel - By Application (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
10.3.1 Interior Decoration
10.3.2 Hoarding
10.3.3 Insulation
10.3.4 Cladding
10.3.5 Railway Carrier
10.3.6 Column Cover and Beam Wrap
11. Aluminium Composite Panel- By Geography (Market Size -$Million / $Billion)
        11.1 Aluminium Composite Panel Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Aluminium Composite Panel- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Aluminium Composite Panel- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Aluminium Composite Panel - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Aluminium Composite Panel - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Aluminium Composite Panel Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Aluminium Composite Panel Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Aluminium Composite Panel Market - Key Company List by Country Premium
15. Aluminium Composite Panel Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Alcoa
        15.3 Alcobond
        15.4 Alstone
        15.5 Alstrong Enterprise
        15.6 Alubond A
        15.7 Alucoil
        15.8 Amag Metall
        15.9 Constellium
        15.10 Guangzhou Xinghe Acp
        15.11 Interplast
        15.12 Mitsubishi Plastic
        15.13 Mulford Plastic
        15.14 Rusal
        15.15 Shanghai Huayuan New Composite Material Co Ltd
        15.16 Yaret Industrial Group
        15.17 Zhongshan Yingjia Aluminum
        15.18 Company 17
        15.19 Company 18 & More
*Financials would be provided on a best efforts basis for private companies
16. Aluminium Composite Panel Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Aluminium Composite Panel Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

List of Tables

1 US Aluminium Composite Panel Market Size 2018
2 Canada Aluminium Composite Panel Market Share 2018
3 Brazil Aluminium Composite Panel Market Outlook 2019 - 2023
4 Mexico Aluminium Composite Panel Market Research 2018
5 Germany Aluminium Composite Panel Market Trends 2019 - 2023 
6 France Aluminium Composite Panel Market Growth 2019 - 2023 
7 UK Aluminium Composite Panel Market Demand 2019 - 2023 
8 Italy Aluminium Composite Panel Market Segmentation 2018
9 Russia Aluminium Composite Panel Market Analysis 2019 - 2023
10 China Aluminium Composite Panel Market Revenue 2019 - 2023
11 Japan Aluminium Composite Panel Market Volume 2019 - 2023
12 South Korea Aluminium Composite Panel Market Potential 2019 - 2023
13 India Aluminium Composite Panel Market Leaders 2018
14 Saudi Arabia Aluminium Composite Panel Market Forecast 2019 - 2023 
15 Kuwait Aluminium Composite Panel Market Value 2018

List of Figures

For complete list of 60+ tables and 60+ figures follow the Link