Global Pre-painted Aluminum Sheets Market Size study & Forecast, By Thickness (Under 2.5 mm, 2.5 mm - 3.0 mm, Other), By Application (Aluminum Composite Panels, Signages & Boards, Facades, Vehicle Parts, Other), and Regional Analysis, 2023-2030
Global Pre-painted Aluminum Sheets Market is valued at approximately USD 6.02 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.8% over the forecast period 2023-2030. The pre-painted aluminum sheet that has been coated with a layer of paint or a decorative finish before being used in various applications. These sheets are widely used in the construction and automotive industry. The pre-painted aluminum sheet market is being driven by factors such as the rising investment in the construction industry and the growing importance of aluminum composite panels.
According to data from the U.S. Census Bureau, in February 2023 US construction industry experienced a year-on-year growth rate of 5.2% in construction spending, reaching a total of USD 1,844.1 billion. Along with that Egypt has recently announced an investment of around USD 64 million (EGP 10 billion) to expand its Housing for All Egyptians initiative. This initiative aims to construct 500,000 residential units by 2025, reflecting the government's commitment to providing housing solutions for its citizens. Thus, rising investment in infrastructure fuels the market growth. In addition, the growth of residential sector consumer spending is increasing on the decoration of houses with glass panels and rising government investment in infrastructure projects in developing countries may create lucrative opportunities for the market. However, faces some restrictions owing to the variation in aluminum prices.
The key regions considered for the Global Pre-painted Aluminum Sheets Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the developing industries such as automotive, aerospace, and building & construction in the region are also anticipated to contribute to the increased consumption of aluminum sheets. Asia-Pacific also considers the fastest-growing region due to high demand from end-user industries and also a rising investment in the infrastructure.
Major market player included in this report are:Alucosuper New Materials Co., Ltd.
Arconic
Cascadia Metals
Ertegan BV
ITALCOAT S.r.l.
Novelis
Richard Austin Alloys Ltd.
Stek Color Aluminium
Nippon paint holdings co.Ltd
The Valspar corporation
Recent Developments in the Market:On November 2022, AZZ Inc. has unveiled plans to construct a state-of-the-art coil coating facility in Washington. This facility will enhance the company's production capacity and meet the growing demand for sustainable aluminum coil products. The new facility will enable AZZ Inc. to serve its customers in the construction, hotel, and restaurant industries with modern and innovative solutions.
Global Pre-painted Aluminum Sheets Market Report Scope:Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Thickness, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Thickness:
Under 2.5 mm
2.5 mm - 3.0 mm
Other
By Application:
Aluminum Composite Panels
Signages & Boards
Facades
Vehicle Parts
Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies MentionedAlucosuper New Materials Co., Ltd.
Arconic
Cascadia Metals
Ertegan BV
ITALCOAT S.r.l.
Novelis
Richard Austin Alloys Ltd.
Stek Color Aluminium
Nippon paint holdings co.Ltd
The Valspar corporation
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.