According to IMARC Group’s latest report, titled “Aluminium Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global aluminium powder market size reached a volume of 418.5 Tons in 2021. Looking forward, IMARC Group expects the market to reach a volume of 504.5 Tons by 2027, exhibiting at a CAGR of 3.2% during 2022-2027.
Aluminum powder refers to the granular, fine, silvery-white to grey, and odorless powder created from aluminum metal. It is flammable and reactive and is obtained by stamping and ball-milling foils in the presence of heavy lubricants, such as edible vegetable oil, stearic acid, and food-grade fatty acids. Aluminum powder is also supplied as paste wetted with mineral spirit. It is available in various forms, including atomized, flake, pigment powder, and paste. Aluminum powder undergoes strong exothermic reactions when it gets oxidized. It can also react with several organic and inorganic chemicals. As a result, aluminum powder finds widespread application in manufacturing paints and sealants, sparkles and glitters, aerated autoclave concrete, explosives and fireworks, reflective roof coatings, printing inks, etc.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Aluminium Powder Market Trends:
The escalating product need in the construction industry, as it forms an essential component in the production of lightweight concrete, is among the primary factors driving the aluminum powder market.
The elevating requirement for this substance in the aerospace and defense sector for launching rockets is further augmenting the market growth. Moreover, the growing popularity of aluminum powder in the electronics industry and as the main ingredient in the production of solar cells is also catalyzing the global market.
Emerging trend of green manufacturing practices to minimize operating costs and reduce energy and utility bills, owing to the rising environmental concerns, is anticipated to propel the aluminum powder market over the forecasted period.
Aluminium Powder Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the aluminium powder market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- ECKA Granules Germany GmbH
- Toyal America, Inc.
- Alcoa Corporation
- United Co RUSAL PLC
- AMG Alpoco UK Ltd.
- Metal Powder Company Limited (MEPCO)
Key Market Segmentation:
The report has segmented the aluminium powder market on the basis of breakup by technology, end-use, raw material and region.
Breakup by Technology:
- Air Atomization
- Others
Breakup by End-Use:
- Industrial
- Automotive
- Chemical
- Construction
- Explosives
- Defence and Aerospace
- Others
Breakup by Raw Material:
- Aluminium Ingots
- Aluminium Scrap
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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