Aluminium powder is obtained by finely grinding the aluminium metal. This powder is light in weight, odourless, highly flammable and silvery-white to grey in colour. Its property to undergo vigorous exothermic reactions when it gets oxidized encourages its applications in the production of various explosives and fireworks. Aluminium powder is also used in the making of many paints and sealants, sparkles and glitters, aerated autoclave concrete, reflective roof coating and printing inks. It is generally available in four forms- atomized aluminium powder, aluminium flake powder, aluminium paste and aluminium pigment powder. Over the last few years, the aluminium powder industry has evolved extensively with the advancement in technology and growth in the global economy. According to IMARC Group, the global aluminium powder market reached a volume of 629,583 Tons in 2019.
IMARC’s latest study “Aluminium Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025” provides a detailed insight into the global aluminium powder market. The report has segmented the market on the basis of major regions. Currently, North America represents the biggest market for aluminium powder accounting for more than one-third of the total market. North America is followed by Europe and Asia Pacifc.The report has further segmented the market on the basis of end-use, technology and raw material. Based on the end-use, the market has been segmented into industrial, automotive, construction, explosives, defense and aerospace, and others. Based on the technology, the market has been segmented into air atomization and others. On the basis of raw material used, the market has been categorized into aluminium ingots and aluminium scrap. The report provides both the historical and future market trends for various sub-segmentations based on the end-use, technology and the raw material.
This report provides a deep insight into the global aluminium powder industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a aluminium powder manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the aluminium powder industry in any manner.
Key Questions Answered in This Report:
Manufacturing operations across the globe have come to a sudden halt due to the surging cases of the coronavirus disease (COVID-19) and lockdowns imposed by governments of various countries. Consequently, the market is currently experiencing negative growth.
The global aluminium powder market reached a volume of 629583 Tons in 2019.
According to the estimates by IMARC Group, the global aluminium powder market will exhibit steady growth during the next five years.
The expanding applications of aluminium powder in the mining, military, chemical, aerospace, automotive and construction industries, along with the increasing sales of luxury cars, represent one of the key factors impelling the market growth.
With rising environmental concerns, various manufacturers are adopting green manufacturing practices to minimize operating costs and reduce energy and utility bills. This is acting as a major trend in the market.
Based on the technology, the market has been bifurcated into air atomization and others.
On the basis of the end use, the market has been categorized into the industrial, automotive, chemical, construction, explosives, defense and aerospace, and other sectors.
The market has been analyzed on the basis of the raw material into aluminium ingots and scrap.
Region-wise, the market has been segmented into North America, Europe, Asia Pacific, South America, and Middle East and Africa.
Leading industry players are SCM Metal Products Inc, Toyal America, Inc., Alcoa Corporation, United Co RUSAL PLC, AMG Alpoco UK Ltd. and Metal Powder Company Limited (MEPCO).
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