Global Aluminium composite panels market - Pune

Global Aluminium composite panels market was valued US$ 6.10 Bn in 2017 and is expected to reach US$ 10.30 Bn by 2026, at a CAGR of 6.77 % during a forecast period.Global Aluminium Composite Panels Market, By GeographyAluminium composite panels are manufactured by the Aluminium composite material, which structured in flat panels. It consist of two thin coil-coated aluminium sheets fused to a non-aluminium core. They are commonly used for external cladding or fronts of buildings, insulation, and signage.

A rise in demand for new constructions, rapid urbanization, and mechanization across the globe is expected to drive the global Aluminium composite panels market. Increasing large-scale investments in industrial and infrastructure sectors, the upsurge in construction activities in emerging economies, and an advance of inventive products in the construction market are some of the key factors boosting the growth of the Aluminium composite panels market.

Fluctuations in the pricing of global Aluminium composite panels market are limiting the growth in the global Aluminium composite panels market. Furthermore, key players in the global Aluminium composite panels market are focusing on the development of non-combustible fire resistant cores such as mineral fiber-based products. The high cost of repairs and raw materials is the major challenge for the global Aluminium composite panels market.

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