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Global Aluminium Powder Market to Reach 767,500 Tons by 2032, Bolstered by its Multifarious Applications in Diverse Industries

December 28, 2021 | Chemical & Materials

The latest report by IMARC Group, titled “Aluminium Powder Market Report by Technology (Air Atomization, and Others), End-Use (Industrial, Automotive, Chemical, Construction, Explosives, Defence and Aerospace, and Others), Raw Material (Aluminium Ingots, Aluminium Scrap), and Region 2024-2032,” finds that the global aluminium powder market reached a volume of 658,900 Tons in 2023. Aluminium powder refers to the grounded form of aluminium metal. It is manufactured through various processes, such as spraying molten aluminium under high pressure to yield a fine granular powder. It is also obtained by dry ball milling and stamping operations. Aluminium powder is weightless, odor-free, and produces highly flammable hydrogen gas when it comes in contact with water, strong acids, and bases. As a result, it is employed in the production of sealants, sparkles, glitters, aerated autoclave concrete, reflective roof coatings, printing inks, and fireworks and explosives.

Global Aluminium Powder Market Trends:

The market is primarily driven by the increasing applications of aluminium powder across diverse industries. For instance, it is used as a coloring pigment to provide luster and silvery finish to paints and coatings. It is also increasingly gaining prominence in pyro-technique, rocket fuel, and explosives. In the building and construction industry, aluminium powder is used in bricks and slabs to reduce their weight. It is widely used in additive manufacturing and powder metallurgy, which, in turn, is positively influencing the market growth. Besides this, the growing environmental concerns, coupled with strong regulations imposed by governing authorities, have resulted in the adoption of green manufacturing practices, which is increasingly escalating the product demand. Looking forward, the market is expected to reach a volume of 767,500 Tons by 2032.

Market Summary:

  • Based on technology, the market has been segmented into air atomization and others. Air atomization represents the most preferred technology among manufacturers.
  • On the basis of the end-use, the market has been classified into industrial, automotive, chemical, construction, explosives, defense and aerospace, and others. Amongst these, the industrial sector is the largest end user of aluminium powder, accounting for majority of the total global market.
  • The market has been categorized based on the raw material into aluminium ingots and scraps. Currently, aluminium ingots exhibit a clear dominance in the market.
  • Region-wise, Asia Pacific holds the leading position in the market, with the largest market share. Other regions include Europe, North America, South America, and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being ECKA Granules Germany GmbH, Toyal America, Inc., Alcoa Corporation, United Co RUSAL plc, AMG Alpoco UK Limited, and Metal Powder Company Limited (MEPCO).

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
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Global Aluminium Powder Market to Reach 767,500 Tons by 2032, Bolstered by its Multifarious Applications in Diverse Industries
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