; Aluminum Composite Panels for Interior Decoration Market Forecast, 2030

Aluminum Composite Panels for Interior Decoration Market

Global Aluminum Composite Panels for Interior Decoration Market By type (Common Panels, Anti-fire Panels, Anti-bacteria Panels and Antistatic Panels); By Application (Residential and Commercial) and Region -Analysis of Market Size, Share and Trends for 2014 - 2019 and Forecasts to 2030

Published on: Nov-2020
Report Code: FG CHM 00289
No. of Pages: 174
Report Format: PDF

Product Overview

Aluminum is a chemical element that is a lightweight, silvery-white metal of main Group 13 or boron group of the periodic table. Aluminum composite panels are thin sandwich-type panels in which a non-aluminum core is bonded between two Aluminum sheets, that can be used as exterior claddings on multi-level buildings due to their lightweight and sturdiness. Aluminum composite panels consist of low-density infill, mainly polyethylene, and other materials available in thicknesses ranging from 3 to 6 mm. The Aluminum composite panels, along with their exclusive color choice, are considered ideal for appealing and modern interior designs. Fast installation, high rigidity, and high water, chemical & corrosion resistance characteristics make Aluminum composite panels the most popular commodity used for decoration. It is expected that features such as excellent rigidity to weight ratio, UV resistance, weatherproof, attractive colors, and improved recyclability.

Market Highlights

Global Aluminum Composite Panels for Interior Decoration Market size was registered at USD XX billion in 2019 and is estimated to reach USD XX billion by 2030, registering a CAGR of XX% from 2020 to 2030. Factors expected to drive the growth of the global demand for Aluminum composite panels for interior decoration over the next decade are easiness to shape, clean, and maintain Quick installation, no volatile organic compounds (VOC) emission, and perfect flatness are some of the factors that are expected to drive the growth of the global market for Aluminum composite panels over the forecast period. Also, high surface corrosion resistance, and major applications in kitchens, bathrooms, walls, partitions, and ceilings are expected to drive the growth of the demand for composite Aluminum panels over the forecast period.

                                                             

Source: Fatpos Global

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Aluminum Composite Panels for Interior Decoration Market: Segments

Global Aluminum Composite Panels for Interior Decoration Market is segmented based on type, application, and region.

By Type (in %), Aluminum Composite Panels for Interior Decoration Market, 2019

The anti-fire panel type segment is anticipated to register XX% of the market share during the forecasted period. By type the market can be segmented into Common Panels, Anti-fire Panels, Anti-bacteria Panels, and Antistatic Panels. The anti-fire panel segment is forecast to rise at the highest CAGR, by form. The fire-resistant Aluminum composite panels segment's dominant market position can be attributed to its fire-repellent property which prevents fire accidents in the residential or commercial sectors. Due to its high popularity in residential and non-residential sectors, the fire-resistant Aluminum composite panel is increasingly in demand. These panels are resistant to fire provide barriers against bacteria and microbes and are dust-proof and perfect for reducing static-electrical charges. These factors have contributed to expanding the demand for composite Aluminum panels in recent years

By Application (in %), Aluminum Composite Panels for Interior Decoration Market, 2019

The residential segment accounted for XX% of the nation’s volume in 2019

The application segment can be classified into residential and commercial. Owing to the growing disposable income people are spending more on residential activities leading to an upsurge in the segment growth. However, many loyalty schemes of the enterprises enable the commercial sector to give a better experience to consumers which has created a demand for aluminum in the commercial sector for interior decorations

The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.

                                   

Aluminum Composite Panels for Interior Decoration Market Dynamics:

Quick and easy installation and various applications to increase the market growth

Quick installation, no volatile organic compounds (VOC) emission, and perfect flatness are some of the factors that are expected to drive the growth of the global market for Aluminum composite panels over the forecast period. Also, high surface corrosion resistance, and major applications in kitchens, bathrooms, walls, partitions, and ceilings are expected to drive the growth of the demand for composite Aluminum panels over the forecast period. Moreover, the other few factors expected to drive the growth of the global demand for Aluminum composite panels for interior decoration over the next decade are easy to shape, clean, and maintain. Vulnerability and requirement for proper waterproofing to hinder the market growth During hurricanes and floods, Aluminum composite panels are vulnerable to dents and need to be protected from any damage by reinforcing with special threads. Also, proper sealing and adequate waterproofing are needed to prevent water from entering buildings during the rains. During the forecast period, the aforementioned factors are expected to hinder the growth of Aluminum composite panels in the market for interior decoration.

Aluminum Composite Panels for Interior Decoration Market: Regions

In terms of value and volume, North America accounted for XX% of total market volume share in 2019

It is estimated that North America’s market accounts for a significant share of the global demand for Aluminum composite panels due to well-developed building and manufacturing industries in the region. During the forecast period, Western Europe is also expected to witness considerable growth in the global market for composite Aluminum panels. The growing construction industry in China and India and the low costs of composite Aluminum panels are anticipated to push APAC market growth over the forecast period.

The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.

                                             

Source: Fatpos Global

Global Aluminum Composite Panels for Interior Decoration Market is further segmented by region into:

  • North America Market Size, Share, Trends, Opportunities-o-Y Growth, CAGR – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
  • MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Aluminum Composite Panels for Interior Decoration Market: Competitive landscape

Some factors that improve the role in the market of the key players within the Aluminum market have been the latest manufacturing and processing technologies in the field, the new government policies, and increased demand from end-users. Also, making new customers is difficult, and when lower prices are offered, customers can easily be encouraged to switch suppliers, hampering the growth of the aluminum market for interior decorations.

Aluminum Composite Panels for Interior Decoration Market: Key players

  • Yaret  
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
  • SWOT Analysis
  • Arconic
  • Seven
  • Mitsubishi Chemical Corporation
  • 3A Composites
  • Mulk Holdings
  • HuaYuan
  • Jyi Shyang
  • Goodsense
  • Other prominent players

Global Aluminum Composite Panels for Interior Decoration Market report also contains analysis on:

  • Aluminum Composite Panels for Interior Decoration Market segments:-
  • By Type:
    • Common Panels
    • Anti-fire Panels
    • Anti-bacteria Panels
    • Antistatic Panels
  • By Application:
    • Residential
    • Commercial
  • Aluminum Composite Panels for Interior Decoration Market dynamics
  • Aluminum Composite Panels for Interior Decoration Market size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints

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