Global Outlook on the Aluminum Composite Panels Market to 2025 - The Market was Valued at $5.34B in 2018 and is Expected to Reach $8.27B by 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Apr 10, 2019--The “Aluminum Composite Panels Market Size, Share & Trends Analysis Report By Product (PVDF, Polyester, Laminating Coating), Application, By Vehicle Type (LCVs, Passenger Car), And Segment Forecasts, 2019 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The global aluminum composite panels market size is expected to reach USD 8.27 billion by 2025 registering a CAGR of 6.4%, according to this report.
Superior properties of ACPs, including corrosion and wear resistance and fire protection renders the product very useful for external cladding, ceiling, flooring, and internal wall cladding functions in the construction industry. Thus, rapid growth of the construction and infrastructure industries, most notably in emerging economies, is expected to drive the market.
Growing automotive production in emerging countries coupled with rising usage of ACPs, as they are lighter than steel, is expected to benefit the overall market growth.
In addition, recyclability of automotive aluminum scrap is also likely to provide impetus to the consumption of product in automotive application. Eco-friendly characteristics of ACPs coupled with increasing adoption of green buildings is projected to fuel the product demand over the forecast period. Thermal and acoustic insulation offered by the product is also projected to increase its applications in modern construction.
The market is moving towards consolidation on the back of the increasing application scope of the product. However, lack of process integration and competitive pricing strategies are expected to keep the competitive rivalry high in the global market over the forecast period.
Further key findings from the study suggest:
- The global aluminum composite panels market was valued at USD 5.34 billion in 2018 and is expected to grow significantly during the forecast years due to rising product application scope in the construction industry.
- PVDF was the largest product segment in 2018 and is estimated to expand further due to high product demand as a result of superior properties, such as resistance to wear & tear, UV, and corrosion.
- The construction sector is anticipated to witness the highest CAGR over the forecast period on account of rapidly expanding construction industry in emerging economies, such China, India, and Brazil.
- Passenger cars emerged as the largest end-use segment in 2018 on account increased usage of ACPs as they are lighter than steel.
- The Asia Pacific market is projected to register the maximum CAGR of 7.3% over the estimate period primarily due to increased infrastructure development and construction activities in the region.
Key Topics Covered
Chapter 1 Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.4. Information Analysis
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Aluminum Composite Panels Market Variables, Trends, & Scope
3.1. Penetration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.3. Regulatory Framework
3.4. Market Dynamics
3.5. Business Environment Analysis: Aluminum Composite Panels Market
Chapter 4. Aluminum Composite Panels Market: Product Estimates & Trend Analysis
4.1. Definition & Scope
4.2. Product Movement Analysis & Market Share, 2018 & 2025
4.3. Market Size & Forecasts and Trend Analysis, 2014 to 2025 for the Following
4.6. Laminating Coating
4.7. Oxide Film
Chapter 5. Aluminum Composite Panels Market: Application Estimates & Trend Analysis
5.1. Definition & Scope
5.2. Application Movement Analysis & Market Share, 2018 & 2025
5.3. Market Size & Forecasts and Trend Analysis, 2014 to 2025 for the Following
5.6. Advertising Boards
Chapter 6. Aluminum Composite Panels Market: Vehicle Type Estimates & Trend Analysis
6.1. Definition & Scope
6.2. Vehicle Type Movement Analysis & Market Share, 2018 & 2025
6.3. Market Size & Forecasts and Trend Analysis, 2014 to 2025 for the Following
6.4. Passenger Cars
6.5. Light Commercial Vehicles
Chapter 7. Aluminum Composite Panels Market: Regional Estimates & Trend Analysis
7.1. Regional Market Snapshot
7.2. Regional Top 5 Players
7.3. SWOT Analysis, by Factor (Political & Legal, Economic and Technological)
7.4. Market Size & Forecasts and Trend Analysis, 2014 to 2025
7.5. North America
7.7. Asia Pacific
7.8. Central & South America
7.9. Middle East & Africa
Chapter 8. Competitive Landscape
8.1. Key Global Players & Recent Developments & Their Impact on the Industry
8.2. Key Company/Competition Categorization
8.3. Vendor Landscape
8.4. Public Companies
8.5. Private Companies
Chapter 9. Company Profiles
9.1. Mitsubishi Plastics Inc.
9.2. Hyundai Alcomax Co. Ltd.
9.6. Arconic Inc.
9.7. Fairfield Metal LLC
9.9. Alcotex Inc.
9.10. Alubond U.S.A.
9.11. JYI Shyang Industrial
9.12. Dong’ E Blue Sky & Seven Color Building Materials Co. Ltd.
9.13. Shanghai Huayuan New Composite Materials Co. Ltd.
9.14. Guangzhou Goodsense Decorative Building Materials Co. Ltd.
9.15. Shandong Jixiang Decoration & Building Material Co. Ltd.
9.16. Taizhou Kingertai Decoration Material Co. Ltd.
9.17. 3A Composites USA Inc.
9.18. Mulford Plastics
9.19. Jiangxi Sakura New Material Co. Ltd.
9.20. Hexcel Corporation
For more information about this report visit https://www.researchandmarkets.com/r/hyg0f4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190410005572/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Composites,Automotive Materials
INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING CHEMICALS/PLASTICS STEEL CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 04/10/2019 10:10 AM/DISC: 04/10/2019 10:10 AM