Aluminum Composite Panel Market Growth Opportunities, Sales, Revenue, Industry Analysis by 2025
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<strong>Aluminum</strong> <strong>Composite</strong> <strong>Panel</strong> <strong>Market</strong> <strong>Growth</strong> <strong>Opportunities</strong>, <strong>Sales</strong>,<br />
<strong>Revenue</strong>, <strong>Industry</strong> <strong>Analysis</strong> <strong>by</strong> <strong>2025</strong><br />
“The global <strong>Aluminum</strong> <strong>Composite</strong> <strong>Panel</strong> <strong>Market</strong> size is expected<br />
to value at USD 8.26 billion <strong>by</strong> <strong>2025</strong>. The aluminum composite<br />
panels industry is subject to witness a substantial growth due to<br />
the rapid development in construction and infrastructure<br />
activities across both developed and developing economies.”<br />
The global <strong>Aluminum</strong> <strong>Composite</strong> <strong>Panel</strong> <strong>Market</strong> size is expected to value at USD 8.26 billion <strong>by</strong> <strong>2025</strong>. The<br />
aluminum composite panels industry is subject to witness a substantial growth due to the rapid development<br />
in construction and infrastructure activities across both developed and developing economies. Exponential<br />
population growth in developing economies and rapid urbanization are some of the critical factors responsible<br />
for growth of aluminum composite panel industry in upcoming years.<br />
Substantial investment <strong>by</strong> local government to improve existing infrastructure and rise in the construction<br />
activities, are expected to boost marker growth. Globally, the aluminum composite panels market is predicted<br />
to grow at CAGR of 6.92% in forecast period, providing numerous opportunities for market players to invest in<br />
research and development in the market.<br />
Some of the important properties of aluminum composite panel are erosion resistance, wear resistance, and<br />
heat resistance. Such properties are vital for applications such as exterior cladding, ceiling, flooring, and interior<br />
cladding. Growing popularity of the aluminum composite panels (ACPs) is anticipated to boost market expansion<br />
of the market over the forecast period. Additionally, rise in the number of the application of the aluminum<br />
composite panels (ACPs) in various manufacturing process in automotive industry is driving market growth<br />
further.<br />
Rise in the adoption of lightweight commercial vehicle (LCV) from the logistics & transportation industry is<br />
predicted to boost the demand of aluminum composite panels (ACPs), in years to come.<br />
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Polyvinylidene difluoride (PVDF)-based aluminum composite panel is one of the fastest growing segment in the<br />
aluminum composite panel market with substantial revenue generation in the last couple of years. Rising market<br />
value of the polyvinylidene difluoride (PVDF)-based aluminum composite panels is attributed to increasing<br />
adoption in automotive and advertisement board applications. Polyvinylidene difluoride (PVDF)-based APCs<br />
offer exclusive properties such as operational efficiency, cost-effectiveness, protection against wear & tear,<br />
resistance to ultraviolet radiation, corrosion resistance, and water resistance. These advantages makes them<br />
ideal for application involving automotive and advertisement board, in comparison with their counterparts.<br />
Fluctuations in the prices of the aluminum substantially impacts cost of the aluminum composite panels, thus<br />
directly hampering the market growth<br />
Coating-aluminum composite panels segment has also witnessed significant growth in recent years, owing to<br />
increasing adoption in various manufacturing processes such as multi-layer extrusion lamination. Additionally,<br />
increase in use of laminating coating-APCs in the construction industry is expected to fuel growth of this segment<br />
in upcoming years. Some of the key features of laminating coating-APCs include durability, longevity, flexibility,<br />
high tolerance, and ease during installation.<br />
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https://www.millioninsights.com/industry-reports/aluminum-composite-panel-market<br />
<strong>Aluminum</strong> composite panels (ACP) typically consists of aluminum composite material (ACM). The design of ACP<br />
involves two thin coil-coated aluminum sheets merged together with a non-aluminum core. Applications of the<br />
aluminum composite panels (ACP) include exterior cladding, facades of buildings, insulation, and signage.<br />
<strong>Aluminum</strong> composite panels (ACP) also used in partitions, false ceilings, signage, and large containers. <strong>Aluminum</strong><br />
composite panels (ACP) are ideal alternative for to large, heavy and costly substrates in the signage industry.<br />
These factors are responsible for sustained market growth, in the last couple of years.<br />
The aluminum composite panels industry is divided <strong>by</strong> region such as North America, Europe, Asia-Pacific, Latin<br />
America and Africa. North America has shown major growth in recent years owing to the rising governmental<br />
initiatives to promote infrastructure activities in the region and existence of prominent industry players. Asia-<br />
Pacific region is predicted to hold major market share in the aluminum composite panel industry with massive<br />
growth in forecast period. Countries such as India, China Indonesia and Vietnam are leading the Asia-Pacific<br />
market with exponential growth in population, leading to high-end demand for cheap housing. Other factors<br />
prompting market growth in the region are multiple government schemes to provide basic amenities like food<br />
and shelter, coupled with investment <strong>by</strong> leading industry players considering potential growth opportunities in<br />
the region.<br />
The key players in the aluminum composite panels market are Alcoa Co., Interplast Co. Ltd., Aludecor Ltd.,<br />
Alubond U.S.A, and 3A <strong>Composite</strong>s Ltd.<br />
<strong>Market</strong> Segment:
Product Outlook (Volume, Million Sq. Ft.; <strong>Revenue</strong>, USD Million, 2014 - <strong>2025</strong>)<br />
• PVDF<br />
• Polyester<br />
• Laminating Coatings<br />
• Oxide Film<br />
• Others<br />
Application Outlook (Volume, Million Sq. Ft.; <strong>Revenue</strong>, USD Million, 2014 - <strong>2025</strong>)<br />
• Construction<br />
• Automotive<br />
• Advertisement Boards<br />
• Railways<br />
• Others<br />
Regional Outlook (Volume, Million Sq. Ft.; <strong>Revenue</strong>, USD Million, 2014 - <strong>2025</strong>)<br />
• North America<br />
• U.S.<br />
• Canada<br />
• Mexico<br />
• Europe<br />
• Germany<br />
• UK<br />
• France<br />
• Asia Pacific<br />
• China
• India<br />
• Japan<br />
• Central & South America<br />
• Brazil<br />
• Middle East & Africa<br />
• Saudi Arabia<br />
See More Reports of this Category <strong>by</strong> Million Insights @<br />
https://www.millioninsights.com/industry/advanced-materials<br />
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