Asia-Pacific Aluminum Cladding Panels Market Overview
The Asia-Pacific aluminum cladding panels market size was valued at $2,410.5 million in 2020, and is projected to reach $3,925.2 million by 2028, registering a CAGR of 6.2% from 2021 to 2028.
The COVID 19 outbreak has affected the growth of the Asia-Pacific aluminum cladding panels industry owing to the lockdown measure in Asia-Pacific countries and delay in manufacturing and production of aluminum cladding panels which are utilized in industrial, residential, and commercial spaces.
Aluminum cladding panels are used as coverings on the exterior of buildings to enhance its appearance. These panels are made up of aluminum and are used as coverings or coatings in the buildings to protect them from external damage. Aluminum cladding panels are widely used in modern buildings with different architectural designs to provide better appearance to the buildings along with the environmental protection. The demand for these materials in cladding panels is on an increase as the aluminum panels provide good fire resistance.
Rise in construction activities across various regions of Asia-Pacific and increase in demand for high appealing designs for buildings are expected to fuel the Asia-Pacific aluminum cladding panels market growth.
Aluminum cladding panels are presently being used in the residential and commercial projects. Increase in urbanization and rise in industrialization result in rapid development of the economies, which boosts the demand for aluminum cladding panels. Increased urbanization is presently being witnessed in emerging countries such as China, India, and others due to exponential growth in population. Thus, fast-paced urbanization results in increased government and consumer spending in residential and infrastructure construction, which significantly boosts the demand for aluminum cladding panels.
The construction sector of Asia-Pacific is expected to witness growth due to the government’s plan to complete number of infrastructure projects. The construction sector in most of the developing countries is expected to rebound in 2021 after a period of slowdown caused due to low consumer confidence and lack of investment in the past few years. The construction sector has recovered from this, mainly in countries such as Bangladesh, Vietnam, Australia, and others, which is expected to drive the growth of the market. The growth in the construction sector in China and India is largely driven by the recovery in public spending by regional governments and reforms in projects linked to major residential infrastructure projects. According to the National Academy of Economic Strategy, China’s urbanization ratio is anticipated to reach 70% by 2035. The demand for aluminum cladding panels due to growth in residential and commercial constructor sector would, therefore, increase. Such factors are expected to drive the Asia-Pacific Aluminum cladding panels market Share in major cities of these developing countries.
Moreover, cladding panels help maintain the frame, structure, and exterior walls of a building; thereby, increasing its demand. However, aluminum building panels are prone to dents during hurricanes, which is anticipated to hamper the market growth. Various technological advancements and rise in awareness regarding protection of buildings are expected to provide lucrative opportunities for the aluminum cladding panels market.
The Asia-Pacific aluminum cladding panels market is segmented on the basis of thickness, application, and end user. On the basis of thickness, the Asia-Pacific aluminum cladding panels market is segmented into 3mm, 4mm, 6mm, and others. By application, it is classified into exterior and interior. End user segmentation includes residential and commercial & industrial.
Country wise, the Asia-Pacific aluminum cladding panels industry is analyzed across China, Taiwan, Australia, Singapore, Vietnam, Thailand, Indonesia, and rest of Asia-Pacific. Vietnam poses a potential market for the Asia-Pacific aluminum cladding panels market, owing to rapid growth in the infrastructure sector.
Saturation of major cities has led governments to expand boundaries of existing cities or planning of a complete new city to balance development and economy of all parts of a country. For instance, the Indian government has announced development of new cities such as Dream City in Gujarat, Vikram City in Madhya Pradesh, New Town in Kolkata, and New Kanpur City that would include industrial, commercial, and residential areas. Similarly, the government of South Korea has decided to develop two new towns to balance development in Gangnam and Gangbuk areas. Such expansion and setup plans for new cities attract migration, which, in turn, boosts the demand for aluminum cladding panels. Hence, such factors provide lucrative opportunities for the market growth.
Competition Analysis
The key companies profiled in the report include Almaxco, ALPOLIC, Alstone, Alstrong Enterprises India Pvt. Limited, Euramax, Likeair Architectural Pty Ltd., Sevenbond, Shanghai Aludream Building Material Co., Ltd, Shanghai Jixiang Technology Group, and Valcan Limited. The major players operating in the Asia-Pacific aluminum cladding panels market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market.
Key Benefits For Stakeholders
Asia-pacific Aluminium Cladding Panels Market Segments
By Thickness
By Application
By End-user
By Region
TABLE OF CONTENT
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Key market players
1.5.Research methodology
1.5.1.Primary research
1.5.2.Secondary research
1.5.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key Findings of The Study
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.2.2.Top winning strategies
3.3.Market player positioning, 2020
3.4.Porter's five forces analysis
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraint
3.5.3.Opportunity
3.6.COVID-19 impact analysis
CHAPTER 4:ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET , BY THICKNESS
4.1.Market overview
4.1.1.Market size and forecast, by thickness
4.2.3mm
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by country
4.3.4mm
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by country
4.4.6mm
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by country
4.5.Others
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by country
CHAPTER 5:ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET , BY APPLICATION
5.1.Market overview
5.1.1.Market size and forecast, by application
5.2.Exterior
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by country
5.3.Interior
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by country
CHAPTER 6:ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET , BY END USER
6.1.Market overview
6.1.1.Market size and forecast, by end user
6.2.Residential
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by country
6.3.Commercial and Industrial
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by country
CHAPTER 7:ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET , BY REGION
7.1.Market overview
7.1.1.Market size and forecast, by country
7.1.1.1.China
7.1.1.1.1.China Market size and forecast, by thickness
7.1.1.1.2.China Market size and forecast, by application
7.1.1.1.3.China Market size and forecast, by end user
7.1.1.2.Taiwan
7.1.1.2.1.Taiwan Market size and forecast, by thickness
7.1.1.2.2.Taiwan Market size and forecast, by application
7.1.1.2.3.Taiwan Market size and forecast, by end user
7.1.1.3.Australia
7.1.1.3.1.Australia Market size and forecast, by thickness
7.1.1.3.2.Australia Market size and forecast, by application
7.1.1.3.3.Australia Market size and forecast, by end user
7.1.1.4.Singapore
7.1.1.4.1.Singapore Market size and forecast, by thickness
7.1.1.4.2.Singapore Market size and forecast, by application
7.1.1.4.3.Singapore Market size and forecast, by end user
7.1.1.5.Vietnam
7.1.1.5.1.Vietnam Market size and forecast, by thickness
7.1.1.5.2.Vietnam Market size and forecast, by application
7.1.1.5.3.Vietnam Market size and forecast, by end user
7.1.1.6.Thailand
7.1.1.6.1.Thailand Market size and forecast, by thickness
7.1.1.6.2.Thailand Market size and forecast, by application
7.1.1.6.3.Thailand Market size and forecast, by end user
7.1.1.7.Indonesia
7.1.1.7.1.Indonesia Market size and forecast, by thickness
7.1.1.7.2.Indonesia Market size and forecast, by application
7.1.1.7.3.Indonesia Market size and forecast, by end user
7.1.1.8.Rest of Asia-Pacific
7.1.1.8.1.Rest of Asia-Pacific Market size and forecast, by thickness
7.1.1.8.2.Rest of Asia-Pacific Market size and forecast, by application
7.1.1.8.3.Rest of Asia-Pacific Market size and forecast, by end user
CHAPTER 8:COMPANY PROFILES
8.1.Almaxco
8.1.1.Company overview
8.1.2.Key executive
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.2.ALPOLIC
8.2.1.Company overview
8.2.2.Key executive
8.2.3.Company snapshot
8.2.4. Product portfolio
8.3.ALSTONE Group
8.3.1.Company overview
8.3.2.Key executive
8.3.3.Company snapshot
8.3.4.Product portfolio
8.4.ALSTRONG Enterprises India Pvt. Ltd.
8.4.1.Company overview
8.4.2.Key executive
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.5.EURAMAX LAB
8.5.1.Company overview
8.5.2.Key executive
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.6.Jixiang Technology Group
8.6.1.Company overview
8.6.2.Key executive
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.7.Shanghai Aludream Building Material Co., Ltd.
8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.8.Likeair Architecture Pty Ltd.
8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.9.SEVENBond Group
8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.10.Valcan Limited
8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Operating business segments
8.10.4.Product portfolio
LIST OF TABLES & FIGURES
TABLE 01.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET REVENUE, BY THICKNESS, 2020–2028 ($MILLION)
TABLE 02.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET REVENUE FOR 3MM, BY REGION, 2020–2028 ($MILLION)
TABLE 03.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET REVENUE FOR 4MM, BY REGION, 2020–2028 ($MILLION)
TABLE 04.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET REVENUE FOR 6MM, BY REGION, 2020–2028 ($MILLION)
TABLE 05.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET REVENUE FOR INTEGRATED CONTROL THICKNESS, BY REGION, 2020–2028 ($MILLION)
TABLE 06.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET REVENUE, BY APPLICATION , 2020–2028 ($MILLION)
TABLE 07.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET REVENUE FOR EXTERIOR , BY REGION, 2020–2028 ($MILLION)
TABLE 08.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET REVENUE FOR INTERIOR , BY REGION, 2020–2028 ($MILLION)
TABLE 09.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET REVENUE, BY END USER, 2020–2028 ($MILLION)
TABLE 10.RESIDENTIAL ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET REVENUE, BY REGION, 2020–2028 ($MILLION)
TABLE 11.COMMERCIAL AND INDUSTRIAL ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET REVENUE, BY REGION, 2020–2028 ($MILLION)
TABLE 12.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET , BY COUNTRY, 2020–2028 ($MILLION)
TABLE 13.CHINA ALUMINIUM CLADDING PANELS MARKET , BY THICKNESS, 2020–2028 ($MILLION)
TABLE 14.CHINA ALUMINIUM CLADDING PANELS MARKET , BY APPLICATION , 2020–2028 ($MILLION)
TABLE 15.CHINA ALUMINIUM CLADDING PANELS MARKET , BY END USER, 2020–2028 ($MILLION)
TABLE 16.JAPAN ALUMINIUM CLADDING PANELS MARKET , BY THICKNESS, 2020–2028 ($MILLION)
TABLE 17.TAIWAN ALUMINIUM CLADDING PANELS MARKET , BY APPLICATION , 2020–2028 ($MILLION)
TABLE 18.TAIWAN ALUMINIUM CLADDING PANELS MARKET , BY END USER, 2020–2028 ($MILLION)
TABLE 19.AUSTRALIA ALUMINIUM CLADDING PANELS MARKET , BY THICKNESS, 2020–2028 ($MILLION)
TABLE 20.AUSTRALIA ALUMINIUM CLADDING PANELS MARKET , BY APPLICATION , 2020–2028 ($MILLION)
TABLE 21.AUSTRALIA ALUMINIUM CLADDING PANELS MARKET , BY END USER, 2020–2028 ($MILLION)
TABLE 22.SINGAPORE ALUMINIUM CLADDING PANELS MARKET , BY THICKNESS, 2020–2028 ($MILLION)
TABLE 23.SINGAPORE ALUMINIUM CLADDING PANELS MARKET , BY APPLICATION , 2020–2028 ($MILLION)
TABLE 24.SINGAPORE ALUMINIUM CLADDING PANELS MARKET , BY END USER, 2020–2028 ($MILLION)
TABLE 25.VIETNAM ALUMINIUM CLADDING PANELS MARKET , BY THICKNESS, 2020–2028 ($MILLION)
TABLE 26.VIETNAM ALUMINIUM CLADDING PANELS MARKET , BY APPLICATION , 2020–2028 ($MILLION)
TABLE 27.VIETNAM ALUMINIUM CLADDING PANELS MARKET , BY END USER, 2020–2028 ($MILLION)
TABLE 28.THAILAND ALUMINIUM CLADDING PANELS MARKET , BY THICKNESS, 2020–2028 ($MILLION)
TABLE 29.THAILAND ALUMINIUM CLADDING PANELS MARKET , BY APPLICATION , 2020–2028 ($MILLION)
TABLE 30.THAILAND ALUMINIUM CLADDING PANELS MARKET , BY END USER, 2020–2028 ($MILLION)
TABLE 31.INDONESIA ALUMINIUM CLADDING PANELS MARKET , BY THICKNESS, 2020–2028 ($MILLION)
TABLE 32.INDONESIA ALUMINIUM CLADDING PANELS MARKET , BY APPLICATION , 2020–2028 ($MILLION)
TABLE 33.INDONESIA ALUMINIUM CLADDING PANELS MARKET , BY END USER, 2020–2028 ($MILLION)
TABLE 34.REST OF ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET , BY THICKNESS, 2020–2028 ($MILLION)
TABLE 35.REST OF ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET , BY APPLICATION , 2020–2028 ($MILLION)
TABLE 36.REST OF ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET , BY END USER, 2020–2028 ($MILLION)
TABLE 37.ALMAXCO : KEY EXECUTIVE
TABLE 38.ALMAXCO : COMPANY SNAPSHOT
TABLE 39.ALMAXCO : OPERATING SEGMENTS
TABLE 40.ALMAXCO : PRODUCT PORTFOLIO
TABLE 41.ALPOLIC : KEY EXECUTIVE
TABLE 42.ALPOLIC : COMPANY SNAPSHOT
TABLE 43.ALPOLIC : PRODUCT PORTFOLIO
TABLE 44.ALSTONE : KEY EXECUTIVE
TABLE 45.ALSTONE : COMPANY SNAPSHOT
TABLE 46.ALSTONE : PRODUCT PORTFOLIO
TABLE 47.ALSTRONG : KEY EXECUTIVE
TABLE 48.ALSTRONG : COMPANY SNAPSHOT
TABLE 49.ALSTRONG : OPERATING SEGMENTS
TABLE 50.ALSTRONG : PRODUCT PORTFOLIO
TABLE 51.EURAMAX LAB : KEY EXECUTIVE
TABLE 52.EURAMAX LAB : COMPANY SNAPSHOT
TABLE 53.EURAMAX LAB : OPERATING SEGMENTS
TABLE 54.EURAMAX LAB : PRODUCT PORTFOLIO
TABLE 55.SHANGHAI JIXIANG TECHNOLOGY GROUP : KEY EXECUTIVE
TABLE 56.SHANGHAI JIXIANG TECHNOLOGY GROUP : COMPANY SNAPSHOT
TABLE 57.SHANGHAI JIXIANG TECHNOLOGY GROUP : OPERATING SEGMENTS
TABLE 58.SHANGHAI JIXIANG TECHNOLOGY GROUP : PRODUCT PORTFOLIO
TABLE 59.ALUDREAM : COMPANY SNAPSHOT
TABLE 60.ALUDREAM : OPERATING SEGMENTS
TABLE 61.ALUDREAM : PRODUCT PORTFOLIO
TABLE 62.LIKEAIR ARCHITECTURAL PTY LTD. : COMPANY SNAPSHOT
TABLE 63.LIKEAIR ARCHITECTURAL PTY LTD. : OPERATING SEGMENTS
TABLE 64.LIKEAIR ARCHITECTURAL PTY LTD. : PRODUCT PORTFOLIO
TABLE 65.SEVENBOND : COMPANY SNAPSHOT
TABLE 66.SEVENBOND : OPERATING SEGMENTS
TABLE 67.SEVENBOND : PRODUCT PORTFOLIO
TABLE 68.VALCAN LIMITED : COMPANY SNAPSHOT
TABLE 69.VALCAN LIMITED : OPERATING SEGMENTS
TABLE 70.VALCAN LIMITED : PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 05.TOP WINNING STRATEGIES, BY STRATEGIES, 2018–2021
FIGURE 06.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021
FIGURE 07.MARKET PLAYER POSITIONING, 2020
FIGURE 08.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 09.LOW TO MODERATE BARGAINING POWER OF BUYERS
FIGURE 10.MODERATE TO HIGH THREAT OF SUBSTITUTES
FIGURE 11.LOW TO MODERATE THREAT OF NEW ENTRANTS
FIGURE 12.MODERATE INTENSITY OF RIVALRY
FIGURE 13.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET , BY THICKNESS, 2020–2028 (%)
FIGURE 14.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET , BY APPLICATION , 2020–2028 (%)
FIGURE 15.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET , BY END USER 2020–2028 (%)
FIGURE 16.ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET , BY COUNTRY, 2020–2028 (%)
FIGURE 17.CHINA ALUMINIUM CLADDING PANELS MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 18.TAIWAN ALUMINIUM CLADDING PANELS MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 19.AUSTRALIA ALUMINIUM CLADDING PANELS MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 20.SINGAPORE ALUMINIUM CLADDING PANELS MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 21.VIETNAM ALUMINIUM CLADDING PANELS MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 22.THAILAND ALUMINIUM CLADDING PANELS MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 23.INDONESIA ALUMINIUM CLADDING PANELS MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 24.REST OF ASIA-PACIFIC ALUMINIUM CLADDING PANELS MARKET , BY THICKNESS, 2020–2028 ($MILLION)
$4399
$4804
$6700
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