With the consistent expansion in residential and commercial infrastructure in schools, malls, and hospitals, the construction industry has witnessed tremendous growth. As infrastructural developments continue, architects and interior designers are recommending the use of Aluminum Composite Material (ACM) for various reasons. Anti-bacterial, anti-static, and fire-resistant.
Advanced building materials containing layers of aluminum sheets filled with a core of non‐toxic, Low-Density Polyethylene (LDPE). Alumax Composite Panels are also filled with a non‐flammable core, making them the ideal fire‐retardant material for all projects. Aluminum is inherently resistant to corrosion, yet each Alumax Composite Panel is also coated with Polyvinylidene Fluoride (PVDF), making it weather resistant and suitable for exterior building application. Expanding from its functional benefits, ACM is also chosen for its versatility and ease of application.
ACM has gained tremendous attention within the construction industry with the help of mass media coverage. ACM or ACP (Aluminum Composite Panels) in Canada and the USA alone have a market value surpassing the 5-billion-dollar mark. According to a recent study, this number is expected to grow by 4.6% in the upcoming five years; from $5.5 billion in 2019 to $6.6 billion by 2024. This increase in demand is heavily due to its impressive strength-to-weight ratio considering how lightweight the quality material actually is.
Technological advancements for the material made within the construction sector paired with the economical prices of raw materials are expected to propel the growth and the development of the market. This has been driven by the functionality of Aluminum Composite Panels in extreme and harsh weather conditions, its high rigidity, resistance to UV and pollution. The low maintenance costs of ACP also creates the opportunity for the adoption of aluminum composite panels to be used as external coverage.
With the support of various government initiatives, the growth in urban expansion affects the rapid market growth and development of the material. Since the material can be constructed to almost any shape, we are seeing numerous application opportunities for the material aside from the construction industry. For instance, ACM use is growing in the automotive industry to reduce the overall weight and increase of a vehicle’s fuel efficiency. The continued demand for innovative, lightweight material is said to be the fostering of this growth.
Alumax Panel, as the first domestic Canadian brand that supplies, fabricates, and installs ACM, is thrilled to provide developers, contractors, and architects with fire-rated Aluminum Composite Material. Our offerings showcase a flat, sleek, design to commercial buildings and residential homes across the Greater Toronto Area (GTA), the province of Ontario, and throughout Canada and the United States. Innovation in the construction industry is Alumax’s everyday-mission and we strive to bring modernity to Canadian consumers.