Market Overview:
The global aluminum foil for air conditioner market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for air conditioners, especially in developing countries. In addition, the growing demand for energy-efficient and environment-friendly air conditioning systems is also contributing to the growth of this market. The global aluminum foil for air conditioner market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into plain aluminum foil and hydrophilic coated aluminum foil. The hydrophilic coated aluminum foil segment is expected to grow at a higher CAGR than that of plain aluminum foil during the forecast period from 2018 to 2030 owing to its superior properties such as high thermal conductivity and low thermal expansion coefficient. On the basis of application, it can be classified into two segments: air conditioning condenser and air conditioner evaporator.
Product Definition:
An aluminum foil is thin sheet of metal that is often used in food packaging and insulation. It is also sometimes used in air conditioners to cover the coils and help keep the cold air inside.
Plain Aluminum Foil:
Plain aluminum foil, also called as non-reactive aluminum foil or base metal foil is a thin layer of aluminum that has been processed to prevent it from reacting with food products and other substances. It is available in various sizes and shapes for different applications. The product finds major application in packaging due to its properties such as lightweight, recyclability, barrier protection and flexibility at low temperatures.
Hydrophilic Coated Aluminum Foil:
Hydrophilic Coated Aluminum Foil (HCAF) is a low-cost and eco-friendly alternative to hydrophobic HOA. It can be used as an inner layer in air conditioners, which helps in increasing the product's cooling capacity. The material has excellent water vapor absorption properties that make it highly suitable for use in air conditioning products.
The global aluminum foil for air conditioner market size was valued at USD 3,495 million in 2016.
Application Insights:
The air conditioning condenser segment accounted for the largest revenue share of over 40% in 2017. The application of aluminum foil in air conditioners is gaining popularity as it helps to keep the building cool by reducing heat transfer from the surroundings. Condensation forms when heat is transferred from a colder environment to surrounding warmer environment, this process aids in cooling down an area and warming up an area respectively.
Air conditioning evaporator segment is expected to grow at a significant rate over the forecast period owing to its ability to control temperature within narrow limits without creating moisture problems inside equipment or affecting its life span. Evaporators are used on account of their low cost and high efficiency, they are widely used for industrial purposes such as food processing buildings where humidity levels need controlled levels along with maintaining temperature level required for preservation purposes.
Regional Analysis:
Asia Pacific aluminum foil for air conditioner market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization, which has led to an increase in the demand for energy-efficient products. Furthermore, increasing disposable income levels coupled with growing consumer awareness regarding health & hygiene are anticipated to drive product demand over the forecast period.
Europe accounted for a significant share of revenue in 2017 due toward high adoption rate of advanced technologies such as condensing units with evaporator and refrigeration systems using R&D facilities along with hospitals & medical institutes in Western European countries such as Germany, France and U.K., which is projected to continue over the forecast period.
Growth Factors:
- Increasing demand for air conditioners in developing countries
- Rising disposable income of consumers in developing countries
- Technological advancements in air conditioners
- Growing awareness about the benefits of using aluminum foil for air conditioners among consumers
- Stringent government regulations on energy consumption by air conditioners
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Foil for Air Conditioner Market Research Report
By Type
Plain Aluminum Foil, Hydrophilic Coated Aluminum Foil
By Application
Air Conditioning Condenser, Air Conditioner Evaporator
By Companies
Zenco Industries, CHAL Aluminium Corporation, Jiangsu Alcha, Jiangsu Dingsheng New Energy Materials Co., Ltd., Haomei Aluminum, Signi Aluminium, Henan Jiayuan Aluminum, Guangdong HEC Technology, Mingtai Aluminum, Zenco Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Foil for Air Conditioner Market Report Segments:
The global Aluminum Foil for Air Conditioner market is segmented on the basis of:
Types
Plain Aluminum Foil, Hydrophilic Coated Aluminum Foil
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Air Conditioning Condenser, Air Conditioner Evaporator
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zenco Industries
- CHAL Aluminium Corporation
- Jiangsu Alcha
- Jiangsu Dingsheng New Energy Materials Co., Ltd.
- Haomei Aluminum
- Signi Aluminium
- Henan Jiayuan Aluminum
- Guangdong HEC Technology
- Mingtai Aluminum
- Zenco Industries
Highlights of The Aluminum Foil for Air Conditioner Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plain Aluminum Foil
- Hydrophilic Coated Aluminum Foil
- By Application:
- Air Conditioning Condenser
- Air Conditioner Evaporator
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Foil for Air Conditioner Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum foil is a material used to cover the inside of an air conditioner unit in order to keep the interior cooler.
Some of the major players in the aluminum foil for air conditioner market are Zenco Industries, CHAL Aluminium Corporation, Jiangsu Alcha, Jiangsu Dingsheng New Energy Materials Co., Ltd., Haomei Aluminum, Signi Aluminium, Henan Jiayuan Aluminum, Guangdong HEC Technology, Mingtai Aluminum, Zenco Industries.
The aluminum foil for air conditioner market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Foil for Air Conditioner Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminum Foil for Air Conditioner Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Foil for Air Conditioner Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminum Foil for Air Conditioner Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminum Foil for Air Conditioner Market Size & Forecast, 2018-2028
4.5.1 Aluminum Foil for Air Conditioner Market Size and Y-o-Y Growth
4.5.2 Aluminum Foil for Air Conditioner Market Absolute $ Opportunity
Chapter 5 Global Aluminum Foil for Air Conditioner Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aluminum Foil for Air Conditioner Market Size Forecast by Type
5.2.1 Plain Aluminum Foil
5.2.2 Hydrophilic Coated Aluminum Foil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aluminum Foil for Air Conditioner Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aluminum Foil for Air Conditioner Market Size Forecast by Applications
6.2.1 Air Conditioning Condenser
6.2.2 Air Conditioner Evaporator
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Foil for Air Conditioner Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum Foil for Air Conditioner Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aluminum Foil for Air Conditioner Analysis and Forecast
9.1 Introduction
9.2 North America Aluminum Foil for Air Conditioner Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aluminum Foil for Air Conditioner Market Size Forecast by Type
9.6.1 Plain Aluminum Foil
9.6.2 Hydrophilic Coated Aluminum Foil
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aluminum Foil for Air Conditioner Market Size Forecast by Applications
9.10.1 Air Conditioning Condenser
9.10.2 Air Conditioner Evaporator
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aluminum Foil for Air Conditioner Analysis and Forecast
10.1 Introduction
10.2 Europe Aluminum Foil for Air Conditioner Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aluminum Foil for Air Conditioner Market Size Forecast by Type
10.6.1 Plain Aluminum Foil
10.6.2 Hydrophilic Coated Aluminum Foil
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aluminum Foil for Air Conditioner Market Size Forecast by Applications
10.10.1 Air Conditioning Condenser
10.10.2 Air Conditioner Evaporator
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aluminum Foil for Air Conditioner Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aluminum Foil for Air Conditioner Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aluminum Foil for Air Conditioner Market Size Forecast by Type
11.6.1 Plain Aluminum Foil
11.6.2 Hydrophilic Coated Aluminum Foil
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aluminum Foil for Air Conditioner Market Size Forecast by Applications
11.10.1 Air Conditioning Condenser
11.10.2 Air Conditioner Evaporator
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aluminum Foil for Air Conditioner Analysis and Forecast
12.1 Introduction
12.2 Latin America Aluminum Foil for Air Conditioner Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aluminum Foil for Air Conditioner Market Size Forecast by Type
12.6.1 Plain Aluminum Foil
12.6.2 Hydrophilic Coated Aluminum Foil
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aluminum Foil for Air Conditioner Market Size Forecast by Applications
12.10.1 Air Conditioning Condenser
12.10.2 Air Conditioner Evaporator
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aluminum Foil for Air Conditioner Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aluminum Foil for Air Conditioner Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aluminum Foil for Air Conditioner Market Size Forecast by Type
13.6.1 Plain Aluminum Foil
13.6.2 Hydrophilic Coated Aluminum Foil
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aluminum Foil for Air Conditioner Market Size Forecast by Applications
13.10.1 Air Conditioning Condenser
13.10.2 Air Conditioner Evaporator
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum Foil for Air Conditioner Market: Competitive Dashboard
14.2 Global Aluminum Foil for Air Conditioner Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zenco Industries
14.3.2 CHAL Aluminium Corporation
14.3.3 Jiangsu Alcha
14.3.4 Jiangsu Dingsheng New Energy Materials Co., Ltd.
14.3.5 Haomei Aluminum
14.3.6 Signi Aluminium
14.3.7 Henan Jiayuan Aluminum
14.3.8 Guangdong HEC Technology
14.3.9 Mingtai Aluminum
14.3.10 Zenco Industries
