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Wednesday, December 22, 2021

Lucintel Forecasts Aluminum Composite Panel Market to Grow at a CAGR of 6%-8% from 2020 to 2025

According to the recent study the aluminum composite panel market is projected to grow at a CAGR of 6%-8% from 2020 to 2025. Growth in this market is primarily driven by growing demand for lightweight, energy-efficient, & durable materials in various end use industries, rising awareness of protection of the surface from UV-sunlight, heavy rain, wind, humidity, & harmful bacteria & microbes, and increasing urbanization.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in aluminum composite panel market by core type (PE cores, FR cores, and aluminium honeycomb cores), base coating type (polyvinylidene difluoride (PVDF) and polyethylene (PE)), base coating type (fire-resistant, anti-bacterial, and anti-static), end use (residential, non-residential, and transportation), and region (North America, Europe, Asia Pacific, and Rest of the World).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/aluminum-composite-panel-market.aspx

“PVDF market is expected to remain the largest segment during the forecast period.”

Based on base coating type, the aluminum composite panel market is segmented into polyvinylidene difluoride (PVDF) and polyethylene (PE). Lucintel forecasts that the PVDF market is expected to remain the largest segment due to properties, like high resistance level, high purity solvents, and excellent strength.

“Within the aluminum composite panel market, the fire-resistant segment is expected to remain the largest application.”

Based on application the fire-resistant segment is expected to witness the highest growth over the forecast period due to its remarkable features, such as it prevents fire accidents in the residential or commercial sector. Aluminum composite panels also have properties that provide protection against bacteria and microbes, which boosts the fire-resistant application segment.

“Asia pacific will dominate the aluminum composite panel market in near future.”

Asia Pacific will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to growing construction activities and inclination towards convenient and safe building materials in countries, like China, Japan, India, and others.

Download Brochure of this report by clicking on https://www.lucintel.com/aluminum-composite-panel-market.aspx

Major players of aluminum composite panel market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Arconic, Yaret, 3A Composites, Alubond, Alumax Industrial, Shanghai Huayuan, Changshu Kaidi Decoration Material, Guangzhou Xinghe, Jyi Shyang Industrial, and Mitsubishi Chemical. are among the major aluminum composite panel providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
https://www.lucintel.com/aluminum-composite-panel-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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