Pre-painted Aluminium Sheets Market Size Worth $ 9.02 Billion By 2032 | CAGR: 4.5%

Pre-painted Aluminium Sheets Market Size Worth $ 9.02 Billion By 2032 | CAGR: 4.5%


The global pre-painted aluminium sheets market size is expected to reach USD 9.02 billion by 2032, according to a new study by Polaris Market Research. The report “Pre-painted Aluminium Sheets Market Share, Size, Trends, Industry Analysis Report, Thickness (Under 2.5 mm, 2.5 mm - 3.0 mm); By Application (Aluminum Composite Panels, Signages & Boards); By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Market is projected to be driven by the growing investments in developing the construction sector, hotels & restaurants, and other infrastructure projects. The rising demand for pre-painted aluminum sheets can be attributed to their ability to support the dead wall and enhance the aesthetic appeal of buildings.

The construction industry is expected to witness significant growth in the coming years, driven by rising investments in infrastructure development projects across various countries. The use of pre-painted aluminum sheets in the construction industry offers several advantages, including durability, high strength, and corrosion resistance. Additionally, the ability to customize the color and finish of the sheets makes them an attractive option for builders and architects.

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With the rising preference for improved infrastructure with ACPs & facades, the demand for pre-painted aluminum sheets is expected to increase further in the coming years. In addition, the increasing emphasis on reducing carbon emissions & increasing anti-corrosion properties, is driving the consumption of pre-painted aluminum sheets. The use of pre-painted aluminum sheets helps in reducing the carbon footprint of buildings by improving their energy efficiency and durability. Moreover, pre-painted aluminum sheets are highly resistant to corrosion, ensuring that the buildings maintain their aesthetics and structural integrity for a long time.

The market growth is expected to slow down in the upcoming years, companies adopted strategies to expand their presence & capacity. To meet the new demand, key players are involved in the innovations, technologies, & brand recognition through research & development. For instance, the Gulf Aluminium Rolling Mill (GARMCO), which plans to invest USD 24.5 million to expand its business into a new aluminum coil line, with the goal of building a technically advanced production line that reduces carbon emissions and increases productivity.

Pre-painted Aluminium Sheets Market Report Highlights

  • 2.5-3 mm segment dominated the market, owing to the rise in high demand in the construction sector, & its cost effectiveness
  • Composite panels segment accounted for the larger market share. This is primarily due to its applicability in varied verticals, and its popularity among key customers
  • North America garnered the largest share, owing to surge in construction activities, dedicated investment from state governments
  • Asia Pacific is projected to register a higher growth rate, owing to the favorable government policies, upsurge in construction activities, and affordable housing schemes in the rural areas in the emerging nations
  • The global players include Alucosuper New Materials, Arconic, Cascadia Metals, Ertegan, ITALCOAT, Novelis, Richard Austin Alloys., and Stek Color Aluminium.

Polaris Market Research has segmented the pre-painted aluminium sheets market report based on thickness, application, and region:

Pre-painted Aluminium Sheets, Thickness Outlook (Revenue - USD Billion, 2019 - 2032)

  • Under 2.5mm
  • 2.5mm - 3.0mm
  • Others

Pre-painted Aluminium Sheets, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Aluminum Composite Panels
  • Signages & Boards
  • Facades
  • Vehicle Parts
  • Others

Pre-painted Aluminium Sheets, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
    • U.S.
    • Canada
    • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Pre-painted Aluminium Sheets Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 6.09 billion

Revenue forecast in 2032

USD 9.02 billion

CAGR

4.5% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD million/billion and CAGR from 2023 to 2032

Segments covered

By Thickness, Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Alucosuper New Materials, Arconic, Cascadia Metals, Ertegan, ITALCOAT, Novelis, Richard Austin Alloys., and Stek Color Aluminium.

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  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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