Global Aluminium Powder Market to Reach 687 Thousand Tons by 2022


Posted March 18, 2017 by expertmarketresearch

According to a new report by Expert Market Research, the global aluminium powder market reached a volume of 607 Thousand Tons in 2016 and is further expected to reach a volume of 687 Thousand Tons by 2022.

 
Aluminium powder is a fine granular powder which is odourless, light and flammable. It is generally available in four forms, namely, aluminium flake powder, atomised aluminium powder, aluminium paste and aluminium pigment powder. These forms may vary in size, shape and impurities.
Owing to the distinct properties of aluminium powder, it finds a broad range of applications in a number of industries such as metallurgy, chemicals, paints & pigments, explosives, construction and others. Some of the metallurgical applications of aluminium powder lie in the production of chromium metal and ferro-alloys, exothermic welding, etc. In the explosives industry, it is used as a blasting agent and rocket fuel. As aluminium powder is light in weight, its demand has been high in the construction sector where one of its uses include as an expanding agent in the lightweight concrete. Furthermore, in the paint industry, it is used in making reflective roof coatings, anti-corrosion paints and printing inks. Other applications are in the cosmetics and personal care products where it is used as a colouring agent and as a precursor for aluminium chlorohydrate and aluminium glycinate which are the constituents of deodorants and anti-perspirants.

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According to a new report by Expert Market Research, the global aluminium powder market reached a volume of 607 Thousand Tons in 2016 and is further expected to reach a volume of 687 Thousand Tons by 2022. Growing urbanisation and industrialisation rates coupled with a rising demand in the end-use industries are some of the factors that have spurred the global demand for aluminium powder.

Key findings from the report:

*The major end-use industries of aluminium powder are metallurgy, chemicals, paints & pigments, explosives, construction and others.
Some of the major markets are North America, Asia-Pacific, Europe and others. Among these markets, North America accounted for the majority of the share in 2016.
*Being moderately fragmented in nature, the global aluminium powder market is surrounded by some of the top players, namely, Alcoa, UC Rusal, Aluminium Powder Co Ltd., ECKA Granules and Toyal America Inc.
Expert Market Research has analysed the global aluminium powder market according to end-use, major regions and top players:

Read complete aluminium powder market report with TOC: http://www.expertmarketresearch.com/reports/aluminium-powder-market

Market breakup by End-use
Metallurgy
Chemicals
Paints & Pigments
Explosives
Construction
Others

Market breakup by Region
North America
Europe
Asia-Pacific
Others

Top Players
Alcoa
UC Rusal
Aluminum Powder Co Ltd.
ECKA Granules
Toyal America Inc.


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Categories Business
Tags aluminium powder market , aluminium powder market report , aluminium powder market share , aluminium powder market size , aluminium powder market trends
Last Updated March 18, 2017