Global Aluminum Composite Panels Market 2016-2020
About Aluminum Composite Panels
Aluminum composite panels are made of three layers.
The panel consists of two aluminum sheets and one non-aluminum core in between the two sheets. Non-aluminum core is usually a low density material such as polyethylene (PE). The aluminum composite panels are also known as aluminum composite materials.
Technavio’s analysts forecast the global aluminum composite panels market to grow at a CAGR of 6.29% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global aluminum composite panels market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors in the global aluminum composite panels market.
The market is divided into the following segments based on coating base type:
Technavio Announces the Publication of its Research Report – Global Aluminum Composite Panels Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Aluminum Composite Panels Market: Alubond, Alcobond, Alcoa, Guangzhou Xinghe, Jyi Shyang and Kaidi
Commenting on the report, an analyst from Technavio’s team said: “One of the major trends in the market is rise in demand for nano self-cleaning aluminum composite panels. Nano aluminum composite panels are coated with nanomaterial films that are not only resistant to harmful weather conditions but also repellent to airborne pollutants. These panels have self-cleaning attributes and low surface energy, because of which when it rains or water is sprayed on the panels' surface, dirt is washed off by itself.”
According to the report, aluminum is an important sustainable material for building and construction activities, its augmented demand from the building and construction sector will lead to market growth during the forecast period.
Further, the report states that one of the major challenges faced by the market is LME price volatility affecting production plans.
Alubond, Alcobond, Alcoa, Guangzhou Xinghe, Jyi Shyang, Kaidi
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