Aluminium Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Aluminium Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A537
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Market Overview:

The global aluminium powder market reached a volume of 629,000 Tons in 2021. Looking forward, IMARC Group expects the market to reach a volume of 718,700 Tons by 2027, exhibiting a CAGR of 2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Aluminium powder refers to the fine, granular, silvery-white to grey, and odorless powder made from aluminium metal. It is reactive and flammable in nature and is obtained by stamping and ball-milling foils in the presence of fatty lubricants, such as stearic acid, edible vegetable oil, and food-grade fatty acids. It is also supplied in the form of paste wetted with mineral spirit. Nowadays, aluminium powder is available in various forms, such as atomized aluminium powder, flake powder, paste, and pigment powder. The powder is denser than water and is extensively used to make other chemicals. Aluminium powder undergoes vigorous exothermic reactions when it gets oxidized. It can also react with numerous organic and inorganic chemicals. As a result, it finds application in manufacturing explosives and fireworks, paints and sealants, sparkles and glitters, aerated autoclave concrete, reflective roof coatings, and printing inks.

 

 
 

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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Aluminium Powder Market Trends:

The global aluminium powder market is primarily driven by its increasing applications in diverse industries. Aluminium powder is utilized in the construction industry as it forms an essential component in the production of lightweight concrete. In combination with oxygen, it is also used in the aerospace and defense sector for launching rockets. Additionally, aluminium shows high corrosion resistance and is effective in increasing the lifespan of the product. As a result, there has been an increasing demand for aluminium powder in the electronics industry, and it is favored as the main ingredient in the production of solar cells. Moreover, the rising environmental concerns have encouraged several manufacturers to adopt green manufacturing practices to minimize operating costs and reduce energy and utility bills, which is acting as a major trend in the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global aluminium powder market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on technology, end use and raw material.

Breakup by Technology:

 

 
 

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  • Air Atomization
  • Others
     

Based on technology, air atomization holds the biggest market share, representing the most preferred technology among manufacturers.

Breakup by End-Use:

  • Industrial
  • Automotive
  • Chemical
  • Construction
  • Explosives
  • Defence and Aerospace
  • Others
     

Amongst these, the industrial sector is the largest end user of aluminium powder, accounting for majority of the total global market.

Breakup by Raw Material:

  • Aluminium Ingots
  • Aluminium Scrap
     

At present, aluminium ingots are the most widely used raw material, exhibiting a clear dominance in the market.

Regional Insights:

 

 
 

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  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East and Africa
     

Region-wise, Asia Pacific holds the leading position in the market, with the largest market share.

Competitive Landscape:

The competitive landscape of the market is characterized by the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

  • ECKA Granules Germany GmbH
  • Toyal America, Inc.
  • Alcoa Corporation
  • United Co RUSAL PLC
  • AMG Alpoco UK Ltd.
  • Metal Powder Company Limited (MEPCO)
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units ‘000 Tons
Segment Coverage Technology, End-Use, Raw Material, Region
Region Covered  Asia Pacific, Europe, North America, South America, Middle East and Africa
Companies Covered ECKA Granules Germany GmbH, Toyal America, Inc., Alcoa Corporation, United Co RUSAL PLC, AMG Alpoco UK Ltd. and Metal Powder Company Limited (MEPCO)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Aluminium Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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