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Global Aluminium Composite Panel (ACP) Market - Segmented Top Coating, Application, End-user Industry, and Geography - Trends and Forecast (2018 - 2023)

Global Aluminium Composite Panel (ACP) Market - Segmented Top Coating, Application, End-user Industry, and Geography - Trends and Forecast (2018 - 2023)

The global Aluminum Composite Panel market is expected to register a CAGR of 6.25% during the forecast period, 2018 - 2023. Aluminum Composite Panel (ACP) is a flat panel crafted out of two aluminum alloy sheets bonded with a non-aluminum core, so as to form a composite. It is used as cladding or facade material of buildings, insulation, and signage. In addition, ACPs have many applications in the automotive industry, associated with body paneling.

Demand for Strong and Lightweight Materials in Construction

ACPs are lightweight and have an impressive strength to weight ratio. They provide improved rigidity and durability, weather and UV resistance, superior thermal and sound insulation, and resistivity to harsh conditions, such as acids, alkali salts, and pollution. Owing to these factors, they find widespread applications in interior decorations, claddings, building exterior wall insulations and coverings, and exterior and interior components of transportation vehicles, such as ships, trucks, and passenger cars, among others. The construction industry has been witnessing rapid growth over the past few years, mainly on account of large investments and demand for infrastructure in emerging economies, such as China, India, Brazil, and Russia, among others.

PVDF Coating-Based Sub-segment Occupied the Largest Share

The demand for PVDF-based ACPs from automotive and advertisement hoardings is expected to rise throughout the forecast period. This demand can be attributed to the superior properties and operational efficiencies of the product. PVDF-based ACPs offer efficient resistance to wear and tear, rigidity, and most importantly, cost benefits, such as low cost of installations and operational maintenance during the usage period. Moreover, the demand for PVDF based ACPs is growing from aircraft industry, where weight-saving and mechanical performance are essential.

Asia-Pacific Dominates the Market

In 2017, Asia-Pacific was the largest consumer of aluminum composite panels.Factors, such as, growing construction activities and preference for low maintenance building products, are favoring the market’s growth. Large scale investments on hotels by the tourism departments of ASEAN countries provide lucrative opportunities for the growth of the market, owing to their use in interior decoration purposes for aesthetic appeal. Other factors such as rise in population and increase in income levels are accelerating the per capita spending on construction.

Key Developments

March 2016: In March 2016, Constellium announced that the signing of a contract with Airbus, to support all its leading aircraft programs. Under the new agreement, Constellium will supply Airbus with a broad range of advanced aluminum products for airframes, including wing skin panels, aero-sheets for fuselage panels, and rectangular and pre-machined plates and panels for structural components

March 2018: Victoria's new guidelines designed to discourage the use of polyethylene-core aluminum cladding on high-rise buildings have created confusion over buildings under construction

Major Players: 3A Composites, Alcoa, Constellium, Guangzhou Xinghe ACP, and Jyi Shyang Industrial, amongst others.

Reason to Purchase this Report

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand the dominating application and end-user industry used in the market

Countries expected to witness the fastest growth during the forecast period

Identifying the latest developments, market shares, and strategies employed by the major market players

3-month analyst support, along with the Market Estimate sheet (in excel)



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1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1 Drivers
4.1.1 Increasing Demand for PVDF-based Aluminum Composite Panels
4.1.2 Growing Demand for Strong and Lightweight Materials in Construction and Transportation
4.1.3 Strong Demand for Hoardings from the Advertising Industry
4.2 Restraints
4.2.1 Availability of Cheaper Alternatives
4.2.2 Rising Price of Aluminum
4.3 Opportunities
4.3.1 Large Scale Investments on hotels in ASEAN
4.3.2 Other Opportunities
5. Market Segmentation and Analysis (Market Size, Share, and Forecast)
5.1 By Top Coating
5.1.1 PE (Polyester)
5.1.2 PVDF (Polyvinylidene Fluoride)
5.1.3 Others
5.2 By Application
5.2.1 Interior Decoration
5.2.2 Hoarding
5.2.3 Insulation
5.2.4 Cladding
5.2.5 Railway Carrier
5.2.6 Column Cover and Beam Wrap
5.2.7 Others
5.3 By End-user Industry
5.3.1 Building and Construction
5.3.2 Transportation
6. Regional Market Analysis (Market Size, Share, and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Germany
6.3.2 United Kingdom
6.3.3 Italy
6.3.4 France
6.3.5 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, Recent Developments)
9.1 3A Composites
9.2 Alcoa
9.3 Alcobond
9.4 Alstone
9.5 Alstrong Enterprises India
9.6 Alubond U.S.A.
9.7 Alucoil
9.8 AMAG Austria Metall
9.9 Constellium
9.10 Mitsubishi Plastics
9.11 Guangzhou Xinghe ACP
9.12 Mulford Plastics
9.13 Shanghai Huayuan New Composite Materials Co. Ltd.
9.14 Yaret Industrial Group
9.15 Zhongshan Yingjia Aluminum
9.16 RUSAL
9.17 Interplast
*List not exhaustive
10. Disclaimer
**Subject to availability on public domain

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