According to the latest report by IMARC Group, titled “Aluminium Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global aluminium powder market reached a volume of nearly 600 Thousand Tons in 2016, growing at a CAGR of more than 2% during 2009-2016. Obtained by finely grinding the aluminium metal, aluminium powder is light in weight, odourless, highly flammable and silvery-white to grey in colour. It is available in four forms; atomized aluminium powder, aluminium flake powder, aluminium paste and aluminium pigment powder. Aluminium powder is extensively used in the manufacturing of several paints and sealants, sparkles and glitters, aerated autoclave concrete, reflective roof coating and printing inks.
Highlights of the global aluminium powder market:
- The use of aluminium powder in explosives is the biggest factor driving the growth of the market.
- North America represents the largest market for aluminium powder, accounting for the majority of the share.
- The market is expected to reach a volume of around 670 Thousand Tons by 2022.
Owing to the flammable properties of aluminium powder, it is extensively used in explosives which further find numerous applications in the military sector. Aluminium powder releases flammable hydrogen gas when it comes in contact with water, strong acids and bases, and alcohols. Moreover, it is combined with oxygen and used for rocket launching in the aerospace industry. Apart from this, the demand for aluminium powder is driven by the thriving construction industry across the globe where aluminium powder is used to make ‘lightweight’ concrete, paints, reflective roof coating and in other construction materials. Additionally, pigments made with aluminium powder are generally used in electronics, packaging and the automotive industry as coatings. Owing to the aforementioned factors, the market is further expected to reach a volume of around 670 Thousand Tons by 2022.
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The market is segmented on the basis of major end-uses of aluminium powder, which include industrial, automotive, industrial coatings, and paint and chemicals. Region-wise, North America represents the principal market for aluminium powder, accounting for the majority of the share. North America is followed by Asia-Pacific and Europe. Other major regions include South America, and Middle East and Africa. An analysis of the competitive landscape provides the details of the key players operative in the market. Some of the major players are Alcoa, UC Rusal, The Aluminium Powder Co. Ltd., Ecka Granules, Toyal America Inc., Ampal Inc., and Valimet.
The report has examined the global aluminium powder market on the basis of:
- Industrial Coatings
- Paint & Chemicals
- North America
- South America
- Asia Pacific
- Middle East and Africa
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