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(IndustryNews247.Com, September 12, 2019 ) Market Overview
Aluminum composite panel (ACP) is a flat panel crafted from two aluminum alloy sheets bonded with a non-aluminum core to form a composite. ACP is used for cladding or as facade material in buildings, insulation, and signage.
ACP is light-weight, rigid and durable and offers fire resistance, weatherproofing capabilities, and its color does not fade on being exposed to sunlight. The installation cost of ACPs is usually low.
Market Dynamics
Properties such as chemical, fire, UV rays and antibacterial resistance is driving the market for the global aluminum composite panels market.
Aluminum composite panels are used in automotive which makes the vehicles light-weighted and secured from fire, UV rays, etc.; it has driven global aluminum composite panels market.
The plastic core material used in aluminum composite panels makes the product flexible, which is driving the market for global aluminum composite panels market.
The burned-out-shell of Grenfell Tower in London, the Ministry of Business, Innovation and Employment audit the certification system, recommended for suspension of six certificates covering 13 types of aluminum composite panel cladding including six fire resistance (FR) types, making up probably 90% of the market.
https://www.datamintelligence.com/research-report/aluminum-composite-panels-market">Market Segmentation
By application type
The aluminum composite panels are used majorly by construction, automotive, packaging, and other industry. APCs are used in automotive that lighten the weight of the vehicle. The automotive industry segment is growing strongly in this market with the massive sale of passenger vehicles globally. The construction and aviation industry has the significant demand for aluminum composite panels globally.
By coating type
The coatings used over aluminum composite panels are Polyvinylidene fluoride, fluoropolymer resins, and polyester paint. Polyvinylidene fluoride has the principal market for global aluminum composite panels.
The coatings that protect the aluminum panel from fire, chemical, UV rays antibacterial and other are polyvinylidene Fluoride, Fluoropolymer resins, and polyester paint.
By geography
The Asia Pacific has a significant market for aluminum composite panels and is expected to have continued growth in the forecast period to 2025, as the considerable manufacturer for ACPs is located in China, Taiwan, and Japan, etc.
Company profiles
The top five companies for aluminum composite panels are
Yaret Industrial Group,
3A Composites GmbH,
Jyi Shyang Industrial,
Others
Geographical Analysis
Asia Pacific
Europe
North America
South America
Rest of the World
View full report: https://www.datamintelligence.com/research-report/aluminum-composite-panels-market
Download free sample: https://www.datamintelligence.com/download-sample/aluminum-composite-panels-market
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Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com
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