Aluminium Composite Panels (ACP) are made up of Aluminium Composite Material (ACM). ACPs consist two thin coil coated aluminium sheets confined to non-aluminium core. ACPs are mainly used for internal and external architectural cladding, false ceiling, machine coverings, container manufacturing. Some important properties of ACPs includes corrosion resistance, water resistance, and fire protection as well as they are light in weight, efficient, flexible and durable. ACP is also extensively used in signage industry as substitute to heavier, more expensive substrates.
To Get Sample Copy of Report visit @ http://bit.ly/2GfzNa5
Market Growth Factors:
The extensive scope of ACP in automotive industry is expected to drive the ACP market as it shows overall significant industry impact in present period. The growing population, urbanization, rising disposable incomes of consumers have created direct impact on the demand for vehicles in recent years, globally. However, it creates opportunities for infrastructure development in emerging economies results in increase demand for commercial and heavy vehicles for public transport, logistics, and industrial applications. The major restraint for ACP market is high repairing or maintenance cost if get broken or dented. Also, high pricing of raw materials can be a primary challenge for ACP market.
Aluminium composite panels market is segmented on the basis of coating types as, Polyvinylidene Difluoride (PVDF) and Polyethylene. As there is rising application scope in the automotive and advertisement board applications PVDF based ACPs are expected to drive the overall industry market in upcoming years. Further classification is based on the type such as, fire resistant, antibacterial, and antistatic. More categorization based on composition such as, surface coating, metal skin, core material and rear skin. Application-wise ACP market is analysed as for building & construction, advertising and transportation.
Geographically, the aluminium composite panels market is segregated in :-
• North America
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o South Africa
o Rest of the LAMEA
The growth in automotive production, mainly in China, Malaysia, Japan, Indonesia, and Taiwan, is expected to push the demand for the product in the automotive sector for Asia Pacific region. And China contribute major market share in ACP market. North America is the second largest region having greater ACP market growth.
Check Discount on this report @ http://bit.ly/2CmtfEq
The major key players for aluminium composite panels market are:
- Yaret Industrial Group
- 3A Composites
- Alubond U.S.A.
- Alumax Industrial
- Shanghai Huayuan New Composite Materials
- Interplast, Euramax
- Fairfield Metal LLC
- Changshu Kaidi Decoration Material.
These players are trying to recognise the needs of market in developing countries and expanding their strategies to improve business needs.
• On March, 2016, Alubond USA has launched its highest grade of A2 fire resistant aluminium composite panels due to growing safety concerns regarding fire incidents.
Garner Insights (GarnerInsights.com) is a Market Intelligence and Business Consulting firm led by professionals with a vast experience and knowledge of the market research industry.
Our vast repository of research reports across various categories gives you a complete view of the ever-evolving trends and current topics worldwide. Our constant focus is on improving the data and finding innovative methods, which will help your business drive profitable growth.
The research methodology is designed to cater all your research needs which is backed by exclusive quantitative and analytics-driven intelligence. It consists of primary and secondary methods which is a testimony of the information comprised. The meticulous and distinct data gathering methods are in line with the highest standards of data mining in the industry.
We have a plethora bank of publishers who share their various quality reports using our platform and expertise. The data bank is monitored by the team of experts which is validated by various statistical data and trending content.
Company Name: Garner Insights
Contact Person: Kevin Thomas
Phone: +1 513 549 5911