Aluminium Composite Panels (ACP) are flat panels made of two aluminum-based alloy sheets, bonded with a core material to form a composite. Protective films are used to cover various levels of panel layers and the front side is generally given a Polyvinylidene Fluoride (PVDF) coating. Aluminium composite panels are environment-friendly materials widely used in the construction industry for cladding and insulation purposes in commercial buildings, including airports, food & beverages shops and residential premises.
They are also extensively used in the advertising industry as substitutes for heavier and expensive substrate options. The recent ban on import of polyethylene (PE) core in countries such as the U.S. and Germany is proving to be a major threat for market participants. However, the market will continue to grow with the development of non-combustible fire retardant cores such as mineral fiber based products. Another major challenge for participants is the high price of repairs and raw materials.
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Global Aluminium Composite Panels Market: Key Players
Examples of some of the key players operating in the global aluminium composite panels market are:
Yaret Industrial Group, 3A Composites GmbH, Jyi Shyang Industrial, Alstrong, Arconic, Mitsubishi Plastic, CCJX, Goodsense, Seven, HuaYuan, LiTai, Pivot, Vbang, Walltes, Daou, Genify, Shuangou, HongTai, Deltyn, and Anexa Group among others.
Key Developments
- In 2017, Archicom, a Singapore-based aluminum composite materials producer, entered the Africa market with the introduction of aluminum composite panel products, aiming to meet the growth in market demand from building and construction services.
- In April 2017, Fairview Architectural acquired the STRYUM business, an intelligent non-combustible aluminum cladding system, from Vitekk Industries
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The aluminium composite panels market is slated to witness attractive overall growth over the forecasted period with large revenue growth expected from Asia-Pacific, led by China and India. In the Middle East & Africa, business will improve with the positively changing construction market landscape. In terms of the core type, the marketplace is expected to witness strong shift in demand towards the high-quality fire-retardant and non-combustible segment due to the increasing number of reported building fires in the recent past.
Organizations focused towards developing product portfolios with fire resistant offerings are well positioned to take advantage from the stringent construction and fire safety regulations laid out by concerned authorities. Such organizations have started to adapt more towards developing well designed solutions, especially for interior applications, to create a distinctive identity for buildings.
Global Aluminium Composite Panels: Market Segmentation
On the basis of panel type, the global aluminium composite panels market has been segmented as:
- Polyvinylidene fluoride (PVDF) aluminum composite
- Polyester aluminum composite
- Polyester aluminum composite
- Laminating coating aluminum composite
- Oxide film aluminum composite
- Other aluminum composite
On the basis of core, the global aluminium composite panels market has been segmented as:
- Polyethylene (PE)
- Fire Retardants
- Non-combustible
On the basis of application, the global aluminium composite panels market has been segmented as:
- Construction
- Residential
- Commercial
- Automotive
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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