Indian Aluminium Powder Market to Grow at 6.2% During 2023-2028, Spurred by Significant Growth in End Use Industries

October 10, 2018 | Chemical & Materials

According to the latest report by IMARC Group, titled “Indian Aluminium Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the Indian aluminium powder market reached a volume of 41,448.8 Tons in 2022. Aluminium powder is a silvery-white to gray colored reactive powder that is obtained by grinding aluminium sheets in the presence of a food-grade fatty acid. It is then collected and graded on the basis of the particle size. The powder is highly reactive, inflammable and undergoes vigorous exothermic reactions when oxidized. As a result, it is widely utilized in the manufacturing of fireworks and explosives. It is also resistant to corrosion, light in weight and cost-efficient in nature. Consequently, it is extensively employed across numerous industry verticals for the production of printing inks, paints, sealants, glitters, reflective roof coatings and aerated autoclaved concrete.

Indian Aluminium Powder Market Trends:

The market is primarily driven by the growing utilization of aluminium powder across diverse industry verticals, including mining, chemical, military, aerospace, automotive and construction sectors, in India. The increasing applications of the product in commercial mining explosions across the country are providing a thrust to the market growth. This, coupled with the significant growth in the mining sector, is catalyzing the market growth further. Aluminium powder is also used in the formulation of silver metallic paints that are witnessing an escalated demand from the printing, cosmetics and packaging industries. This metallic powder is extensively used in the automotive sector for the manufacturing of automobile paints and sealants, which is acting as another major growth-inducing factor. The increasing sales of vehicles across India on account of inflating disposable incomes and the rising middle-class population is creating a positive outlook for the market. The market is further driven by the rising demand for the product from the construction sector, wherein aluminium powder forms an essential component in the production of lightweight concrete. It is also employed as an air entraining agent that is used to increase the volume of the mixture and minimize the dead weight of the concrete. On account of the aforementioned factors, the market is anticipated to exhibit a CAGR of 6.2% during 2023-2028.

Market Summary:

On the basis of the end-use, the pyrotechnics industry exhibits a clear dominance in the market. Some of the other segments include paints, cosmetics, pesticides and chemicals.
Based on the technology, air-atomization accounts for the majority of the total market share.
On the basis of the raw material, the market has been bifurcated into aluminum ingots and scrap, wherein aluminum ingots represent the biggest market segment.
Based on the furnace type, the oil-fired furnace is the leading market segment. Some of the other segments include gas-fired and electric furnaces.
On the geographical front, the market has been segmented into North India, South India, West India and East India. At present, South India holds the leading position in the market.
The competitive landscape of the market has been examined in the report with the detailed profiles of the key players. Some of these players include Metal Powder Company Limited (MEPCO), MMP Industries Ltd., and Arasan Aluminium Industries (P) Ltd., Sri Kaliswari, and SunArk.

Report Scope:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	'000 US$, Tons
Segment Coverage	End-Use, Technology, Raw Material, Furnace Type, Region
Region Covered	North India, South India, East India, West India
Companies Covered	MEPCO, MMPIL, Arasan, Sri Kaliswari and SunArk
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2299 Five User License: US$ 3399 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)

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Indian Aluminium Powder Market to Grow at 6.2% During 2023-2028, Spurred by Significant Growth in End Use Industries

Purchase options

Single User License $2299
Five User License $3399
Corporate License $4499

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.