Market Overview:
The global aluminum honeycomb panels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and high-strength materials in transportation, construction, and other applications. Structural panels are expected to witness higher growth as compared to standard aluminum panels during the forecast period. North America is estimated to hold the largest share of the global aluminum honeycomb panels market in 2018, followed by Europe and Asia Pacific. The Middle East & Africa is projected to be the fastest-growing region during the forecast period.
Product Definition:
A honeycomb panel is a panel made of an array of hexagonal cells, similar to the cells of a beehive. Honeycomb panels are used in many applications, including aerospace and automotive engineering, civil engineering, and architectural design.
The honeycomb structure is lightweight yet strong, due to the inherent rigidity of its hexagonal cells. This makes it an ideal material for use in aircraft fuselages and other high-stress applications. The panels can also be formed into complex shapes that are difficult or impossible to create with traditional materials such as metal or wood.
Standard Aluminum Panels:
Aluminum panels are the most commonly used material in the construction industry. It is a lightweight, strong, corrosion-resistant metal that can be easily fabricated and molded into various shapes. Aluminum panels have a wide range of applications including windows & doors, roofing systems & buildings insulation as well as decorative cladding for exteriors.
Structural Panels:
Structural panels are made of aluminum honeycomb and they provide various advantages over traditional panel products. These panels offer high strength, rigidity, and dimensional stability in a wide range of temperatures. The product is used for insulation applications in commercial buildings as well as residential structures owing to its excellent thermal insulating properties.
Application Insights:
The construction segment accounted for the largest revenue share of over 40% in 2017. The product is widely used in residential, commercial and industrial buildings as an alternative to glass panels. It is also used in transportation applications such as buses, trucks and other forms of public transport vehicles on account of its lightweight properties. In addition, it can be easily fabricated and installed which further cements its position as a preferred material for building components.
The product has excellent fire protection characteristics along with sound & thermal insulation which makes it suitable for use in walls & roofs that require superior performance attributes when compared to conventional materials used in the same applications such as steel or concrete slabs/roofs. These factors are expected to drive demand from the construction industry over the forecast period thereby accounting for a significant market share of around 45%.
Regional Analysis:
Asia Pacific aluminum honeycomb panels market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to rapid industrialization and infrastructure development in the region. Increasing demand for energy-efficient buildings, coupled with rising awareness regarding fire safety, is likely to drive product demand over the forecast period.
The growing construction industry in North America on account of increasing government spending on infrastructural projects such as airports and sports complexes along with strong consumer confidence will drive product demand over the projected period. In addition, favorable regulations aimed at promoting green buildings are anticipated to further fuel growth during the forecast period.
Europe accounted for a volume share of 23% in 2017 owing its large construction sector that includes new constructions as well as renovation activities across countries such as U.K.
Growth Factors:
- Increasing demand from the aerospace and defense sectors:
- Growing demand for lightweight vehicles:
- Rising awareness about benefits offered by aluminum honeycomb panels:
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Honeycomb Panels Market Research Report
By Type
Standard Aluminum Panels, Structural Panels
By Application
Transportation, Construction, Others
By Companies
Alcoa, 3A Composites, Novelis, KUMZ, StonePly, PortaFab, Flatiron Panel Products, Aluco SEVEN Aluminium, Eco Earth Solutions, Coach Line Industries, Alcoa, Hongzang Building Materials, RENOXBELL Aluminum Industrial, Foshan Fuige Honeycomb Products, ZhengYi Alucobond, Shunde Feihao Building Material
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Honeycomb Panels Market Report Segments:
The global Aluminum Honeycomb Panels market is segmented on the basis of:
Types
Standard Aluminum Panels, Structural Panels
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
Transportation, Construction, Others
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:
- Alcoa
- 3A Composites
- Novelis
- KUMZ
- StonePly
- PortaFab
- Flatiron Panel Products
- Aluco SEVEN Aluminium
- Eco Earth Solutions
- Coach Line Industries
- Alcoa
- Hongzang Building Materials
- RENOXBELL Aluminum Industrial
- Foshan Fuige Honeycomb Products
- ZhengYi Alucobond
- Shunde Feihao Building Material
Highlights of The Aluminum Honeycomb Panels 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:
- Standard Aluminum Panels
- Structural Panels
- By Application:
- Transportation
- Construction
- Others
- 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 Honeycomb Panels 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 honeycomb panels are a type of panel made from aluminum that is cut into small squares or rectangles. These panels are often used in construction because they are strong and lightweight, making them an ideal choice for roofs, walls, and other large surfaces.
Some of the key players operating in the aluminum honeycomb panels market are Alcoa, 3A Composites, Novelis, KUMZ, StonePly, PortaFab, Flatiron Panel Products, Aluco SEVEN Aluminium, Eco Earth Solutions, Coach Line Industries, Alcoa, Hongzang Building Materials, RENOXBELL Aluminum Industrial, Foshan Fuige Honeycomb Products, ZhengYi Alucobond, Shunde Feihao Building Material.
The aluminum honeycomb panels 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 Honeycomb Panels 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 Honeycomb Panels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Honeycomb Panels 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 Honeycomb Panels 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 Honeycomb Panels Market Size & Forecast, 2018-2028
4.5.1 Aluminum Honeycomb Panels Market Size and Y-o-Y Growth
4.5.2 Aluminum Honeycomb Panels Market Absolute $ Opportunity
Chapter 5 Global Aluminum Honeycomb Panels 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 Honeycomb Panels Market Size Forecast by Type
5.2.1 Standard Aluminum Panels
5.2.2 Structural Panels
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aluminum Honeycomb Panels 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 Honeycomb Panels Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Construction
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Honeycomb Panels 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 Honeycomb Panels 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 Honeycomb Panels Analysis and Forecast
9.1 Introduction
9.2 North America Aluminum Honeycomb Panels 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 Honeycomb Panels Market Size Forecast by Type
9.6.1 Standard Aluminum Panels
9.6.2 Structural Panels
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 Honeycomb Panels Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Construction
9.10.3 Others
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 Honeycomb Panels Analysis and Forecast
10.1 Introduction
10.2 Europe Aluminum Honeycomb Panels 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 Honeycomb Panels Market Size Forecast by Type
10.6.1 Standard Aluminum Panels
10.6.2 Structural Panels
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 Honeycomb Panels Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Construction
10.10.3 Others
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 Honeycomb Panels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aluminum Honeycomb Panels 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 Honeycomb Panels Market Size Forecast by Type
11.6.1 Standard Aluminum Panels
11.6.2 Structural Panels
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 Honeycomb Panels Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Construction
11.10.3 Others
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 Honeycomb Panels Analysis and Forecast
12.1 Introduction
12.2 Latin America Aluminum Honeycomb Panels 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 Honeycomb Panels Market Size Forecast by Type
12.6.1 Standard Aluminum Panels
12.6.2 Structural Panels
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 Honeycomb Panels Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Construction
12.10.3 Others
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 Honeycomb Panels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aluminum Honeycomb Panels 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 Honeycomb Panels Market Size Forecast by Type
13.6.1 Standard Aluminum Panels
13.6.2 Structural Panels
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 Honeycomb Panels Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Construction
13.10.3 Others
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 Honeycomb Panels Market: Competitive Dashboard
14.2 Global Aluminum Honeycomb Panels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alcoa
14.3.2 3A Composites
14.3.3 Novelis
14.3.4 KUMZ
14.3.5 StonePly
14.3.6 PortaFab
14.3.7 Flatiron Panel Products
14.3.8 Aluco SEVEN Aluminium
14.3.9 Eco Earth Solutions
14.3.10 Coach Line Industries
14.3.11 Alcoa
14.3.12 Hongzang Building Materials
14.3.13 RENOXBELL Aluminum Industrial
14.3.14 Foshan Fuige Honeycomb Products
14.3.15 ZhengYi Alucobond
14.3.16 Shunde Feihao Building Material
