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Aluminium Powder Market is expected to reach grow at a CAGR of 3.4% between 2024 and 2030. Aluminium is available abundantly in nature. Aluminium Powder has corrosion corrosion-resistant and non-toxic nature. Aluminium powder is nothing but grinded aluminium metal. It is odourless, lightweight and flammable. Its colour is slightly grey. Aluminium Powder oxidation reaction is exothermic. It can also react with various organic and inorganic chemicals. When aluminium powder is reacted with water, strong acids, or bases, it produces hydrogen gas which is extremely flammable.
Due to these properties aluminium powder is useful in many applications. It is used in explosives, fireworks, and military applications. Aluminium powder and oxygen combination is used in rocket launching. It is used to produce pigments which are used as coatings in electronic and automotive industries. In construction industries, it is used to make concrete, paints, and reflective roof coating. It is also used to make powder-coating printing ink, sparkles, and glitters. The Aluminium powder market is divided into atomized aluminium powder, aluminium flake powder, aluminium paste and aluminium pigment powder are different types of aluminium powder available.
Global Aluminium Powder Market is segmented into several regions such as Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. Currently, North America shares the largest market of Aluminium Powder market followed by Southeast Asia and Europe. Due to the high rapid growth, driven by the significant economic progress and infrastructural development in various countries across the Asia Pacific region, the Aluminium Powder Market witnessing a high increasing growth across the region in the coming decade. Growing industries and various technological advancements will fuel the Aluminium Powder market during the forecast period.
Aluminium Powder Market: Product Type
Aluminium Powder Market: Process
Aluminium Powder Market: End Users/Application Analysis
Aluminium Powder Market : Competitive Analysis
The report includes an accurate analysis of key players with Market Value, Company profile, and SWOT analysis. The Study consists of the following key players in Aluminium Powder Market:
Geographical analysis of Aluminium Powder Market:
Global Aluminium Powder Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 3619.00 million |
Forecast Value (2031) |
USD 4573.33 million |
CAGR (2025-2030) |
3.4 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Aluminium Powder Market was valued at around USD 3619.00 million in 2023 & estimated to reach USD 4573.33 million by 2030.
Aluminium Powder Market is likely to grow at Compound Annual Growth Rate (CAGR) of 3.4% between 2024 to 2030.
Aluminium Powder Market is dominated by the Spherical Aluminium Powder segment and the North America region holds the highest market share in 2023.
Some of the top key players in the Aluminium Powder Market are Alcoa, Kymera International, UC RUnited StatesL, Toyal Group, Xinfa Group, Henan Yuanyang, Hunan Goldsky, Hunan Ningxiang Jiweixin, Luxi Jinyuan, Hunan Goldhorse, Angang Group, JiangsuTianyuan, Zhangqiu Metallic Pigment, Metal Powder Company.
Primary driving factors for the growth of the Aluminium Powder Market include Significant economic progress and infrastructural development in various countries across the Asia Pacific region.
Yes, the report includes COVID 19 impact on the market.
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