South Africa Aluminum Composite Panels Market Outlook (2018 to 2032)
Synopsis
The above chart is South Africa Aluminum Composite Panels Market Outlook (2018 to 2032)
Market Dynamics
aluminum composite panels (acps) have gained popularity in south africa over the past decade due to their contemporary and modern look, ease of installation and supreme weatherability. acps, which are composed of a thermoplastic core sandwiched between two thin metal sheets, are increasingly being used in facades, building cladding and interior spaces of residential and commercial constructions. this is driving rapid growth in construction activities within the country, which is expected to translate to robust market demand for acps in the coming years.
in terms of composition, aluminum composite panels hold a major market share in south africa. the high strength-to-weight ratio, durability and sustainability of acps make them an ideal choice for exteriors of residential and commercial infrastructures. on the other hand, the use of acps in facades offers designers immense flexibility to create eye-catching structures that can entice any passerby. additionally, in comparison to other facade materials, acps offer superior insulation, water resistance, and the ability to resist condensation, thereby making them an ideal choice for external constructions.
to stay ahead in the competition, companies in the south africa acps market are focusing on expanding their regional presence and establishing a strong foothold in the country. companies are also offering installation services for acps, and training services for contractors and architects, in addition to developing more products with superior insulation and design capabilities.
moreover, increasing government initiatives coupled with availability of tax benefits for façade installations using acps are likely to provide an impetus to the demand for acps in south africa. this in turn is expected to translate to robust growth of the country’s aluminum composite panel market from 2018 to 2032. major companies operating in the country’s acps market include fairview, kawneer, alubond and alclad.