Japan Aluminium Powder Market to Reach 41,234 Tons by 2032, Impelled by Its Multifarious Applications Across Various Industries

April 20, 2023 | Chemical & Materials

According to the latest report by IMARC Group, titled “Japan Aluminium Powder Market Report by Technology (Air Atomization, and Others), End-Use (Industrial, Automotive, Chemical, Construction, Explosives, Defense and Aerospace, and Others), Raw Material (Aluminium Ingots, Aluminium Scrap), and Region 2024-2032,” the Japan aluminium powder market size reached 31,762 Tons in 2023. Aluminium powder is a silvery-white to greyish, odorless, highly combustible fine, granular flake. It can be obtained through various techniques, including spraying the molten aluminium at high speed or dry magnetic stirring and hammering. Aluminium powder is lightweight and pressure-resistant and offers thermal conductivity and high strength-to-weight ratios. In addition to this, it undergoes severe exothermic reactions when oxidized, and it can interact with varying organic and inorganic compounds, including water, strong acids, and bases. As a result, it finds several applications in roof coatings, metallic paints, fingerprint powder, explosives, and autoclave concrete. It is commercially available in various forms, such as atomized, paste, flakes, and pigment forms.

Japan Aluminium Powder Market Trends:

The Japan aluminium powder market is primarily driven by its wide range of applications across various end-use industries. Besides this, the country's rapid economic and industrial expansion is strengthening the market growth. Moreover, aluminium powder is highly reactive and releases flammable hydrogen gas when it comes in contact with water, alcohol, strong acids, and bases, which, in turn, is propelling its utilization across the military and aerospace sectors, especially for pyro-technique, launching rockets, and explosives. In addition to this, the expanding product adoption in food packaging applications due to its recyclability and corrosion resistance, which can help extend product shelf life by mitigating microbiological contamination, is aiding in market expansion. Concurrent with this, the increasing production employment in producing construction materials, such as slabs, bricks, and railings, as well as solar shadings, cells, and panels, are presenting remunerative growth opportunities for the market. Furthermore, the escalating environmental concerns among consumers and the rising need to reduce energy and utility costs are prompting leading market players to adopt green manufacturing techniques, which is contributing to the market growth in the country. Looking forward, the market volume is projected to reach 41,234 Tons by 2032, expanding at a CAGR of 2.7% during 2024-2032.

Market Summary:

Based on technology, the market is bifurcated into air atomization and others. Between these, air atomization holds the largest market share.
On the basis of the end-use, the market has been segregated into industrial, automotive, chemical, construction, explosives, defense and aerospace, and others. Among these, industrial represents the biggest end-use of aluminium powder.
Based on the raw material, the market is divided into aluminium ingots and scrap. At present, aluminium ingots is the largest market segment.
On a regional basis, the market has been segmented into Kanto, Kinki, Central/ Chubu, Kyushu-Okinawa, Tohoku, Chungoku, Hokkaido, and Shikoku. Currently, Kanto region enjoys the leading position in the market.
The competitive landscape of the industry has also been examined, covering the competitive structure and key player profiles.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	Tons
Segment Coverage	Technology, End-Use, Raw Material, Region
Region Covered	Kanto Region, Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, Shikoku Region
Customization Scope	10% Free Customization
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Japan Aluminium Powder Market to Reach 41,234 Tons by 2032, Impelled by Its Multifarious Applications Across Various Industries

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