Aluminum Composite Panels Market To Reach $9.65 Billion By 2030

November 2024 | Report Format: Electronic (PDF)

Aluminum Composite Panels Market Growth & Trends

The global aluminum composite panel market size is expected to reach USD 9.65 billion by 2030, expanding at a CAGR of 7.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. Superior properties of ACPs, including corrosion and wear resistance and fire protection renders the product very useful for external cladding, ceiling, flooring, and internal wall cladding functions in the construction industry. Thus, rapid growth of the construction and infrastructure industries, most notably in emerging economies, is expected to drive the market. Growing automotive production in emerging countries coupled with rising usage of ACPs, as they are lighter than steel, is expected to benefit the overall market growth.

In addition, recyclability of automotive aluminum scrap is also likely to provide impetus to the consumption of product in automotive application. Eco-friendly characteristics of ACPs coupled with increasing adoption of green buildings is projected to fuel the product demand over the forecast period. Thermal and acoustic insulation offered by the product is also projected to increase its applications in modern construction. The market is moving towards consolidation on the back of the increasing application scope of the product. However, lack of process integration and competitive pricing strategies are expected to keep the competitive rivalry high in the global market over the forecast period.


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Aluminum Composite Panels Market Report Highlights

  • PVDF was the largest product segment in 2024 and is estimated to expand further due to high product demand as a result of superior properties, such as resistance to wear & tear, UV, and corrosion

  • The construction sector is anticipated to witness the highest CAGR over the forecast period on account of rapidly expanding construction industry in emerging economies, such China, India, and Brazil

  • The Asia Pacific market is projected to register the maximum CAGR of over the estimate period primarily due to increased infrastructure development and construction activities in the region

Aluminum Composite Panels Market Segmentation

Grand View Research has segmented the global aluminum composite panels market report based on product, application, and region

Aluminum Composite Panels Product Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

  • PVDF

  • Polyester

  • Laminating Coating

  • Oxide Film

  • Others

Aluminum Composite Panels Application Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

  • Construction

  • Automotive

    • Cars

      • Doors

      • Hoods

      • Wings

      • Side Panels

      • Others

    • Commercial Vehicle

    • Trailers

  • Advertising Boards

  • Railways

  • Others

Aluminum Composite Panels Regional Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • Japan

    • India

    • Australia

    • Thailand

    • South Korea

  • Central & South America

    • Brazil

  • Middle East and Africa

    • Saudi Arabia

List of Key Players in Aluminum Composite Panels Market

  • Arconic

  • Mitsubishi Engineering-Plastics Corporation

  • Alcoa Corporation

  • Fairfield Metal

  • Shanghai Yaret Industrial Group Co., Ltd.

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