According to IMARC Group’s latest report, titled “Aluminium Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”. The global aluminium powder market size reached 646,600 Tons in 2022. Looking forward, IMARC Group expects the market to reach 732,500 Tons by 2028, exhibiting a growth rate (CAGR) of 1.9% during 2023-2028.
Aluminium powder represents the granular, fine, silvery-white, and odorless powder that is made from aluminum metal. It is flammable and reactive and is usually obtained by stamping and ball-milling foils in the presence of fatty lubricants, such as edible vegetable oil, stearic acid, food-grade fatty acids, etc. Aluminium powder is also supplied in the form of paste wetted with mineral spirit. It is commonly available in several forms, including flake powder, paste, pigment powder, etc. Aluminum powder undergoes strong exothermic reactions when it gets oxidized. It can also react with several organic and inorganic chemicals. Consequently, aluminum powder is used to manufacture paints and sealants, sparkles and glitters, explosives and fireworks, aerated autoclave concrete, reflective roof coatings, printing inks, etc.
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Aluminium Powder Market Trends:
The growing consumer environmental concerns are primarily driving the aluminum powder market. Additionally, the widespread adoption of this powder in the construction industry, as it forms an essential component in the production of lightweight concrete, is further catalyzing the market growth. Besides this, it is utilized in pyro-technique, rocket fuel, explosives, etc., which is acting as another significant growth-inducing factor. Moreover, the escalating demand for aluminum powder in additive manufacturing and powder metallurgy is positively influencing the global market. Apart from this, it is used as a coloring pigment to provide luster and silvery finish to paints and coatings, thereby stimulating the market growth. Furthermore, the development of green manufacturing practices and the rising number of construction activities are anticipated to fuel the aluminum powder market over the forecasted period.
Aluminium Powder Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the aluminium powder market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Key Market Segmentation:
The report has segmented the aluminium powder market on the basis of breakup by technology, end-use, raw material and region.
Breakup by Technology:
Breakup by End-Use:
Breakup by Raw Material:
Breakup by Region:
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