Global aluminium composite panels market to soar at a CAGR of 6.27% during 2017-2021

<p>According to a new research report, the global aluminium composite panels market is projected to grow at a CAGR of 6.27 per cent during the period 2017-2021. The report identifies key driving factors which include rising demand for fire-resistant aluminium composite panels, and innovations in aluminium composite panels for interior decorative purposes.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/tamnhuaalu.jpg" alt="news" width="420" height="289" /></p> <p>The major manufacturers who will dominate the market from 2017-2021 include 3A Composites, Alcoa, Alubond U.S.A, Guangzhou Xinghe ACP, Jyi Shyang Industrial, Alucoil, Alstrong Enterprises India, AMAG Austria Metall, Constellium, Kaidi Industrial,&nbsp;and many more. The report covers geographic analysis that includes regions like Americas, APAC, and EMEA.</p> <p>{googleAdsense}</p> <p>Aluminium composite panel&nbsp;(ACP) is a flat panel crafted out of two aluminium alloy sheets bonded with a non-aluminium core so as to form a composite. &nbsp;It is used for cladding or as facade material of buildings, insulation, and&nbsp;signage. It is forecasted that the rapid urbanization and industrialization will increase the demand for new constructions worldwide.</p> <p>Analysts have earlier reported that the global aluminium composite panels market is estimated to be valued at US$1.77 billion by 2021 growing from US$1.22 billion in 2015, at a composite annual growth rate of 6.58 per cent. Asia Pacific aluminium composite panels market will constitute the largest market share during the review period.</p>