Global metal composite panel market value will reach 6.11 billion USD by 2023

Author: QYResearch  |   Published Date: 2018-04-25   |   Views: 284

Publisher: QYResearch

Published Date: 2018-04-25


Construction is a major application of metal composite panel, which can be classified as building curtain wall and interior decoration. Metal composite panel can also be used in fields, like anti-corrosion, pressure vessel manufacturing, electrical construction, petrochemical, pharmaceutical, light industry, Furniture and other industries. Building curtain wall is the largest application of metal composite panel, with market share of 60.55% in 2016. Interior decoration takes market share of 27.12%.

Metal composite panel can be classified as Aluminum composite panel, Zinc composite panel and others in terms of material type. Aluminum composite panel is the major kind of metal composite panel due to its quality and reasonable price. The market of Aluminum composite panel is quite separated, with China and North America as the major producing area.

The metal composite panel industry has technical barrier, but the barrier is not significant. The products are ordinary, making it hard for customers to choose from one and another. Consequently, price and product quality are crucial to downstream customers. To metal composite panel manufacturers, the core of brand building is in quality control and technological innovation.

The largest producers of metal composite panel in the worldwide are Mulk Holdings, 3A Composites, Mitsubishi Plastic and Aloca, which takes a combined share of 13.11% in 2016.The largest producing area of metal composite panel is China. North America and Europe are also major producing area of metal composite panel.

The annual consumption amount of metal composite panel would reach to 649.6 M Sq.m in 2023. In the future, the consumption in fire resistance composite panel would be the growth point in the market.

The  Global Metal Composite Panel Sales Market Report 2017  report released by QYResearch provides a basic overview of the Metal Composite Panel industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Metal Composite Panel industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

Click to view the full report:http://www.qyresearchglobal.com/goods-1182010.html
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