Global Aluminum Composite Panels Market 2017-2022 by Base Coating Type, Type, Application, Composition and Region
DUBLIN, Feb. 14, 2018 /PRNewswire/ --
The "Aluminum Composite Panels Market by Base Coating Type (PE, PVDF), Type (Fire-resistant, Antibacterial), Application (Building & Construction, Advertising, and Transportation), Composition and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The report projects that the aluminum composite panels market size will grow from USD 6.29 Billion in 2017 to USD 8.79 Billion by 2022, at an estimated CAGR of 6.92%
Rise in building & construction activities, large-scale investments in infrastructure & industrial sectors, and rapid urbanization in developing economies is boosting the growth of the aluminum composite panels market. The building & construction segment is projected to have the largest market share and dominate the market from 2017 to 2022. Growth of the advertisement industry plays a key role in changing the market; this segment is projected to grow at the second-highest rate during the forecast period.
The segmentation for this report is based on type, base coating type, composition, application, and region. The building & construction sector is projected to be the fastest-growing segment in the aluminum composite panels market during the forecast period. The properties offered by aluminum composite panels, such as fire-resistance, durable, stable, sustainable, and enhanced looks, are useful in application areas such as interior and exterior wall cladding in buildings, advertising, and transportation.
Aluminum composite panels are used in building & construction, advertising, and transportation. The global market, in terms of application, was dominated by the building & construction industry in 2016. Rise in disposable incomes of the urban population is stimulating the construction of new houses in urban regions, thereby giving rise to an increased demand for aluminum composite panels. Growth in construction expenditures in the non-residential sector will continue to support the demand for aluminum composite panels.
The core material composition segment dominated the market in 2017, and is projected to be the fastest-growing application in the next five years, as a result of its fire-resistance property. The core material is highly preferred in the construction industry.
Asia Pacific dominated the market for aluminum composite panels in 2017. China contributes a major market share in the Asia Pacific aluminum composite panels market. The recovery of the Chinese residential market in 2010 after the 2007-2009 recession and the increase in demand for low-maintenance building products are some of the factors driving the aluminum composite panels market in Asia Pacific. The market in this region is growing rapidly due to the presence of numerous leading players.
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Units Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions
2.5 Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Aluminum Composite Panels Market
4.2 Aluminum Composite Panels Market, By Type
4.3 Asia Pacific Aluminium Composite Panels Market, By Application and Country
4.4 Aluminum Composite Panels Market: Geographic Snapshot
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth in Demand From End-Use Industries
5.2.2 Restraints
5.2.2.1 High Repairing Cost If Broken Or Dented
5.2.3 Opportunities
5.2.3.1 Industrial Expansion in Emerging Economies
5.2.4 Challenges
5.2.4.1 High Prices of Raw Materials
5.3 Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Overview
6 Aluminum Composite Panels Market, By Base Coating Type
6.1 Introduction
6.2 Polyvinylidene Difluoride
6.3 Polyethylene
7 Aluminum Composite Panels Market, By Type
7.1 Introduction
7.2 Fire-Resistant
7.3 Antibacterial
7.4 Antistatic
8 Aluminum Composite Panels Market, By Composition
8.1 Introduction
8.2 Surface Coating
8.3 Metal Skin
8.4 Core Material
8.5 Rear Skin
9 Aluminum Composite Panels Market, By Application
9.1 Introduction
9.2 Building & Construction
9.3 Advertising
9.4 Transportation
10 Aluminum Composite Panels Market, By Region
11 Competitive Landscape
11.1 Overview
11.2 Market Ranking
11.3 Competitive Scenario
11.3.1 New Product Launches
11.3.2 Acquisitions
11.3.3 Expansions, Divesture & Investments
12 Company Profiles
12.1 Arconic
12.2 Yaret Industrial Group
12.3 3a Composites
12.4 Alubond U.S.A.
12.5 Alumax Industrial
12.6 Shanghai Huayuan New Composite Materials
12.7 Changshu Kaidi Decoration Material
12.8 Guangzhou Xinghe Acp
12.9 Jyi Shyang Industrial
12.10 Mitsubishi Chemical (Mitsubishi Chemical Corporation)
12.11 Other Key Players
12.11.1 Msenco Metal
12.11.2 Guangzhou Jixinxiang Decorative Building Materials
12.11.3 Jiangyin Litai Ornamental Materials
12.11.5 Alucoil
12.11.6 Alstrong Enterprises India
12.11.7 Maxbond
12.11.8 Alstone
12.11.9 Taizhou Kingertai Decoration Material
12.11.10 Constellium
12.11.11 Laminators
12.11.12 Aludecor
12.11.13 Shanghai Jixiang Industry
12.11.14 Goldstar Group
12.11.15 Guangdong Bolliya Metal Building Materials
For more information about this report visit https://www.researchandmarkets.com/research/p5qkbf/global_aluminum?w=5
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