Alumax

Name

Alumax

Legal name

Alumax (آلومکس)

Website

https://alumax.ir

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Aluminum Composite Panels / Architectural Building Materials

NAICS

Plate Work and Fabricated Structural Product Manufacturing (33231), Aluminum Sheet, Plate, and Foil Manufacturing (331315)

akta.pro primary industry

Metal Roofing & Wall Panels (Architectural/Structural) (IMADACAG)

akta.pro secondary industry

Aluminum Value-Added Components (Automotive, Aerospace, Packaging, Building Systems) (IMAKACAM)

Keywords

• Aluminum composite panels
• Building facade cladding
• Fire-resistant panels
• Architectural exterior panels
• Aluminum honeycomb panels

Headquarters

HQ city

Tehran (تهران)

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Aluminum Composite Panel Sales: Direct manufacturing and sales of aluminum composite panels for building facades. Products include standard panels, fire-resistant panels (A2, B grade), and 3D aluminum core panels. Revenue generated from per-square-meter unit sales with pricing varying by thickness, coating type, and fire-resistance rating.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Alumax manufactures and sells aluminum composite panels (ACP) for building facades, offering fire-resistant grades (A2 non-combustible and B-class), standard polyethylene-core panels, and advanced 3D aluminum-core panels. The company sells through three sub-brands — Plus Band (premium), Delta Band (mid-range), and Hyper Band (economy) — at per-square-meter unit pricing, primarily to contractors, developers, architects, and enterprise customers in Iran's domestic market and select regional export markets.

Product overview

Alumax is a manufacturer of aluminum composite panels (ACP) for building facades, operating with three production lines and a nominal capacity of 120,000 square meters per month. The product portfolio consists of two fire-resistant grades (A2 with 88-90% mineral purity and B-class with 45-55% purity), standard polyethylene-core panels, and advanced aluminum-core 3D panels. Three sub-brands serve different market segments: Plus Band (premium, 0.23mm aluminum, 20-year warranty), Delta Band (mid-range, 0.15-0.18mm, 5-year warranty), and Hyper Band (economy, 0.10mm, no warranty). The company is located in Payam Special Economic Zone and exports to Iraq, Tajikistan, Georgia, Russia, and Turkmenistan.

Differentiator

Problem solved

Functional benefit

Brands

• Plus Band (پلاس باند): Premium composite panel brand with 0.23mm aluminum thickness and 20-year color and adhesion warranty
• Delta Band (دلتا باند)
• Hyper Band (هایپر باند)

Products and services

• Alumax A2 Fire-Resistant Composite Panel

Quantifiable outcome

• 120,000 square meters per month production capacity with 3 production lines
• +2 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Housing and Urban Development Organization (سازمان مسکن و شهرسازی)coreStrategic or Co-development PartnerRegulatory approval and certification partnership for fire-resistant composite panels meeting national building standards
• Iran Fire Department (آتش نشانی)coreStrategic or Co-development PartnerCertification partnership ensuring composite panels meet fire safety requirements for building applications
• Iran Standards Institute (موسسه استاندارد ایران)coreStrategic or Co-development PartnerQuality certification partnership ensuring products meet Iranian national standards
• Enamad Trust SealminorOthersE-commerce trust verification system providing customer confidence for online transactions

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Others

• Alucobond Türkiye (TerraArt / regional converters): Regional fabricators and converters of global ACP brands that compete with Alumax in the same facade-cladding projects, particularly in Iran-adjacent markets. Included as adjacent ecosystem participants.

Direct peers

• Mitsubishi Chemical (ALPOLIC): Manufacturer of aluminum composite panels (ALPOLIC) for architectural and transportation uses. Direct competitor with strong fire-rated offerings and global brand recognition in mid-to-high-rise facade projects.
• Yaret (Jiangxi Yaret Industrial Group): Large Chinese ACP manufacturer exporting globally, competing with Alumax on price-performance in Central Asia, Russia, and Middle East export markets.
• 3A Composites (Alucobond): Global leader in aluminum composite panels (Alucobond brand) for architectural facades. Direct competitor across all of Alumax's product tiers, including fire-rated A2 panels, with much broader international distribution.
• Alubond USA: Middle East-headquartered ACP manufacturer with global distribution, directly competing with Alumax in regional export markets including the GCC, Iran-adjacent countries, and Central Asia.
• Arconic (Reynobond): Producer of Reynobond aluminum composite panels widely used in building facades and cladding. Direct peer with comparable A2/fr-grade offerings and a global project reference base.
• Stacbond: Spanish aluminum composite panel manufacturer focused on architectural facades and ventilated cladding. Direct peer in fire-rated ACP offerings for European and international projects.

Regional players

• Europanel: Turkish aluminum composite panel producer serving domestic and neighboring markets. Comparable in product mix and regional positioning to Alumax, with overlap in regional export geographies.

Emerging players

• Alstone ACP: Indian ACP manufacturer with multi-tier product portfolio and growing international footprint. Comparable to Alumax's tiered brand strategy (premium to economy) and adjacent in export markets.
• Viva ACP (Viva Composite Panel): Indian aluminum composite panel manufacturer serving domestic and overseas markets. Comparable in product range (standard, fire-rated, FR core) and price-tier segmentation to Alumax.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/alumaxiran
• LinkedInlinkedin.com/company/alumax
• Instagraminstagram.com/alumax.ir

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alumax