PUBLISHER: Grand View Research | PRODUCT CODE: 1678708
PUBLISHER: Grand View Research | PRODUCT CODE: 1678708
The global pre-painted aluminum sheets market size is expected to reach USD 8.9 billion by 2030, registering a CAGR of 8.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is projected to be driven by the growing investments in developing the construction sector, hotels & restaurants, along with rising requirements to support the dead wall and enhancement of building aesthetics.
Rising preference for an improved infrastructure with aluminum composite panels (ACPs), and facades have gained importance in recent years. Pre-painted aluminum sheets are widely used owing to their cost effectiveness, high-quality, mechanical properties, and broad applicability. Moreover, with the growing emphasis on decreasing carbon emissions and increasing anti-corrosion properties, strength, and aesthetics, consumption is set to increase in the coming years.
Based on thickness, the market is segmented into below 2.5 mm, 2.5 to 3.0 mm, and above 3.0 mm segments. The pre-painted aluminum sheets with under 2.5mm thickness have a low share and are used for producing ACPs in the construction and industrial sectors. Aluminum has excellent resistance against weather conditions and can withstand extreme hot and cold conditions, which is driving the segment's growth.
The market growth witnesses restrictions due to certain reasons. One of the factors is geopolitical conflicts like the Russia-Ukraine war. The war has impacted aluminum production and has caused global inflation on account of supply disruptions. This further caused the energy prices to surge. These factors have impacted the construction activities and raw material prices and affected the demand for pre-painted aluminum sheets.
The growth is however expected to be in line in the coming years, which is compelling companies to adopt strategies to expand their presence and capacity. The key players are focusing on R&D to strengthen innovations, technologies, and brand recognition to meet the new demand. For instance, in March 2023, Gulf Aluminium Rolling Mill (GARMCO), announced its plans to invest USD 24.5 million to expand its business into the new aluminum coil line. The company aims to build a technically advanced production line with reduced carbon footprints and increased productivity.