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Aluminum Composite Panels - Global Market Trajectory & Analytics

  • ID: 4805128
  • Report
  • April 2021
  • Region: Global
  • 286 pages
  • Global Industry Analysts, Inc
Global Aluminum Composite Panels Market to Reach $10.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Aluminum Composite Panels estimated at US$7.1 Billion in the year 2020, is projected to reach a revised size of US$10.4 Billion by 2027, growing at a CAGR of 5.7% over the analysis period 2020-2027. Core Material, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$4.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Metal Skin segment is readjusted to a revised 5.1% CAGR for the next 7-year period.



The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 8.8% CAGR

The Aluminum Composite Panels market in the U.S. is estimated at US$1.9 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2027 trailing a CAGR of 8.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Surface Coating Segment to Record 5.8% CAGR

In the global Surface Coating segment, USA, Canada, Japan, China and Europe will drive the 5.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$954 Million in the year 2020 will reach a projected size of US$1.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.4 Billion by the year 2027, while Latin America will expand at a 7% CAGR through the analysis period.

Select Competitors (Total 46 Featured):
  • 3A Composites
  • Alstone
  • Alstrong Enterprises India (Pvt) Limited.
  • Alubond U.S.A. (American Building Technologies Inc.)
  • Alucoil North America
  • Aludecor Lamination Private Limited
  • Alumax Industrial Co., Ltd.
  • Arconic, Inc.
  • Constellium N.V.
  • Goldstar Group
  • Guangdong Bolliya Metal Building Materials Co., Ltd.
  • Guangzhou Xinghe ACP Co. Ltd.
  • Jiangyin Litai Ornamental Materials Co., Ltd.
  • Jyi Shyang Industrial Co., Ltd.
  • Laminators Inc.
  • Maxbond International Co., Ltd.
  • Mitsubishi Chemical Corporation
  • Msenco Metal product Co., Ltd.
  • Shanghai Huayuan New Composite Materials Co., Ltd.
  • Shanghai Jixiang Industry Co., Ltd.
  • Taizhou Kingertai Decoration Material Co., Ltd.
  • Yaret Industrial Group Co., Ltd
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Aluminum Composite Panels: A Prelude
  • Impact of Covid-19 and a Looming Global Recession
  • Lightweight Aluminum Composite Panels to Drive the Market
  • Rising Popularity of Green Buildings Bodes Well for the Market
  • Wide Range Applications of PVDF Panels Leads the Market by Product Type
  • Bright Days Ahead for ACPs from Advertising and Media Industries
  • Rising Applications in Internal and External Building Architecture, Public Transportation Systems, and Aircraft Augurs Well for the Market Growth
  • No VOC Emissions, Low Cost, and Ease of Installation to Fuel the Global Market
  • Prone to Dents during Natural Calamities: A Drawback
  • Urbanization and Industrialization Provides Impetus for the Market
  • Asia-Pacific: The Most Lucrative Market for ACPs
  • ACPs in Automotive Production: A Major Area to Explore
  • PRODUCT OVERVIEW
  • Aluminum Composite Panels (ACP): An Introduction
  • Properties
  • Advantages
  • Manufacturing Process & Techniques
  • Major Applications
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown
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