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Global Aluminium Powder Market to be Driven by the Rise in Demand in Construction Industry in the Forecast Period of 2020-2025

The new report by Expert Market Research titled, ‘Global Aluminium Powder Market Size, Growth, Trends, Analysis, Report and Forecast 2020-2025’, gives an in-depth analysis of the global aluminium powder market, assessing the market based on its segments like technology, end uses, raw materials, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2015-2025)

1. Historical Market Size (2019): 626,493.5 Tons
2. Forecast CAGR (2020-2025): 1.5%
3. Forecast Market Size (2025): 685,035.1 Tons

Aluminium powder finds its use across multiple industries. This versatility of powdered aluminium is one of the major drivers of the market. The rising demand for aluminium powder in the building and manufacturing industry is driving the market forward. As aluminium powder is light in weight, its demand has been high in this sector, where it is used as an expanding agent in lightweight concrete. The rise of defence and aerospace sector is also facilitating the growth of the market as substantial amounts of aluminium powder are used in pyro-technique, rocket fuel, and explosives. Applications of the product, like as a precursor for aluminium chlorohydrate and aluminium glycinate, which are the constituents of deodorants and anti-perspirants, are driving the growth of the product in the cosmetics and personal care industry, thus, aiding the market growth.

Industry Definition and Major Segments

Aluminium powder is a light, silvery-white to grey, odourless, reactive, and flammable granular or spherical powder made from aluminium metal. Generally, it is manufactured in four forms – atomised aluminium powder, aluminium flake powder, aluminium paste, and aluminium pigment powder.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/aluminium-powder-market

By technology, the market is divided into:

1. Air Atomization
2. Others

Based on end use, the major segments in the market are:

1. Industrial
2. Automotive
3. Chemicals
4. Construction
5. Explosives
6. Defence and Aerospace
7. Others

On the basis of raw material, the market can be divided into:

1. Aluminium Ingots
2. Aluminium Scrap

North America is the leading regional market for aluminium powder. The other regions included in the market are:

1 Europe
1.1 Germany
1.2 United Kingdom
1.3 France
1.4 Italy
1.5 Others
2 Asia Pacific
2.1 China
2.2 Japan
2.3 India
2.4 ASEAN
2.5 Others
3 Latin America
3.1 Brazil
3.2 Argentina
3.3 Mexico
3.4 Others
4 Middle East & Africa
4.1 Saudi Arabia
4.2 United Arab Emirates
4.3 Nigeria
4.4 South Africa
4.5 Others

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Market Trends

The rise in additive manufacturing and the expansion of the product in several industries like automotive, manufacturing, and construction are the key factors that are driving the aluminium powder market. As developing countries are shifting towards renewable sources of energy, the use of powdered aluminium has shown an accelerated usage in solar cell fabrication. Due to significant economic progress and infrastructure development, the market is expected to grow further. With groundbreaking technological advancements, the production and supply of powdered aluminium are becoming easier and is expected to fuel the market growth in the coming years.

Key Market Players

The major players in the market are Alcoa Corporation, UC Rusal, Aluminium Powder Company Ltd, Kymera International, Toyal America Inc., and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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