The aluminum composite panels market size is estimated to grow from USD 1.22 Billion in 2015 to USD 177 Billion by 2021, at a CAGR of 6.58%. The base year considered for the study is 2015 and the market size is projected from 2016 to 2021.
The report aims at estimating the market size and future growth potential of the aluminum composite panels market across different segments such as coating base, type, composition, application, and region. The other objectives include providing detailed information regarding the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). It also aims to study the individual growth trends, future prospects, and contribution of various segments to the total market. The study also analyzes opportunities in the market for stakeholders and details of competitive landscape for the market leaders. The study strategically profiles key players and comprehensively analyzes their core competencies.
The research methodology begins with capturing data on key vendor revenues through secondary research and associations. Such as North American composite panels and aluminum composite panels Association, Cladding Association, and Composite Panel Association (CPA). The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall size of the global aluminum composite panels market from the revenue of the key players. After arriving at the overall market size, the total market was split into several segments and subsegments. They were then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary is depicted in the figure below:
The market ecosystem includes various stakeholders involved in the supply chain of the aluminum composite panels industry starting from raw materials suppliers, research & development, and manufacturing. Post this, the marketing and sales of the products take place which is only possible if an efficient distribution channel is developed. Finally, the end products are made available to the consumers. The global market for the aluminum composite panels market is dominated by players such as Alcoa Inc. (U.S.), Yaret Industrial Group (China), American Building Technology (U.S.), Alumax Industrial Co., Ltd. (Taiwan), Shanghai Huayuan New Composite Materials Co., Ltd. Changshu Kaidi Decoration Material Co., Ltd. Guangzhou Xinghe ACP Co, Ltd. Jyi Shyang Industrial Co., Ltd. (Taiwan), Mitsubishi Plastics, Inc. (Japan), and Msenco Metal Co., Ltd. (China).
Target audience
- Aluminum composite panel manufacturers
- Raw material producers and suppliers
- Aluminum composite panels distributors and traders
- End-use sectors
- Governments and R&D institutions
- Market research and consulting firms
- Associations and industry bodies
Scope of the Report
The research report segments the aluminum composite panels market into the following submarkets:
By Coating Base:
- Polyvinylidene difluoride (PVDF)
- Polyethylene (PE)
By Type:
- Fire-resistant
- Anti-bacterial
- Anti-static
By Composition:
- Surface coating
- Metal skin
- Core material
- Rear skin
By Application:
- Building & Construction
- Advertising boards
- Transportation
By Region:
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- Latin America
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to client-specific needs. The following customization options are available for the report:
Product Analysis
- Product Matrix, which gives a detailed comparison of product portfolio of each company
Geographic Analysis
- Further analysis of the aluminum composite panels market for additional countries
Company Information
- Detailed analysis and profiling of additional market players