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Global Aluminum Composite Panels market will reach 2630 million US$ by the end of 2025
Published Date: 2018/10/08
Aluminum composite panel (ACP) also aluminum composite material (ACM) is a type of flat panel that consists of two thin aluminum sheets bonded to a non-aluminum core. Aluminum sheets can be coated with PVDF, fluoropolymer resins (FEVE) or Polyester paint. Aluminum can be painted in any kind of color, and ACPs are produced in a wide range of metallic and non-metallic colors as well as patterns that imitate other materials, such as wood or marble. The core is commonly low density polyethylene, or a mix of low density polyethylene and mineral material to exhibit fire retardant properties. ACPs are frequently used for external cladding or facades of buildings, insulation, and signage.
Global production and market of Aluminum Composite Panels can be divided into three big markets: China, Europe and USA. Aluminum Composite Panels's production process has developed for half a century. Technologically it's very mature. Chinese cheap material and high automation level makes it very competitive in global market. Many other region producers such as Japan, USA, EU and Taiwan have moved their factory to China. The global leading players in this market are 3A Composites, Alcoa, CCJX and Goodsense, which accounts for about 24.34% of total production value.
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.
The global Aluminum Composite Panels market is valued at 2000 million US$ in 2017 and will reach 2630 million US$ by the end of 2025, growing at a CAGR of 3.5% during 2018-2025.
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