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Report Overview

The global aluminium powder market attained a volume of 664.94 KMT in 2024 driven by the rising demand from the end-use industries. Aided by the rising demand for lightweight materials in aerospace and automotive industries, the market is expected to witness a further growth in the forecast period of 2025-2034 at a CAGR of 1.50%. The industry is projected to reach 771.69 KMT by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • The global aluminium powder market benefits from the 8.3% increase in EU passenger car production in 2022, reaching 10.9 million vehicles, as per the ACEA. Aluminium's use in automotive manufacturing contributes to the market's growth, as it is a lightweight and sustainable material.

  • As the sixth-largest global aluminium producer, Australia exports almost all its aluminium output, as per the Australia Aluminium Council. This export growth boosts global demand for aluminium powder, particularly in industries such as automotive and construction, where aluminium's properties are highly valued.

  • The US construction market reached USD 2,154.4 billion in 2024, a 6.5% increase from 2023, as per the US Census Bureau. The demand for aluminium in construction applications, including decorative finishes and durable materials, enhances the growth prospects of the global aluminium powder market.

Compound Annual Growth Rate

Value in KMT

1.5%

2025-2034


Aluminium Powder Market Outlook

*this image is indicative*

Heightened Demand for Aluminium Powder Across End Use Industries to Spearhead the Market Growth of Aluminium Powder

The increased demand for aluminium powder across industry verticals is driving the growth of the market. The increased demand for lightweight materials in the production of aircraft and automobiles is leading to the increased adoption of aluminium powder. This can be attributed to the growing focus of the manufacturers on enhancing the fuel efficiency of automobiles and aircraft. In addition, the demand for aluminium powder in metallurgy applications and in the production of explosives and fireworks is anticipated to support the market growth in the forecast period.

Key Trends and Developments

Aluminium Powder Market

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The Asia Pacific to Provide Lucrative Opportunities for the Market Growth of Aluminium Powder

The Asia Pacific region is expected to account for a significant share of the global market for aluminium powder. This can be associated with the increasing government investments in infrastructure development activities across the region. In this regard, the rising population in countries like India and China is bolstering the demand for residential and commercial infrastructure. Aluminium powder is used to impart lustre and finishing to paint and coatings. Meanwhile, the North America region is anticipated to witness a considerable growth in the forecast period, with the increased demand for aluminium powder in the aerospace industry.

Aluminium Powder Market by Segments

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Market Segmentation

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. Some of the major industries where it is widely used include metallurgy, chemicals, paints and pigments, and construction, among others. Aluminium powder can undergo a rapid exothermic reaction when it gets oxidised and this has enabled it to find application in rocketry, explosives, thermal spray, powder metallurgy, and others.

By technology, the market is divided into:

  • Air Atomization
  • Others

On the basis of end use, the market can be segregated into:

  • Industrial 
  • Automotive 
  • Chemicals 
  • Construction 
  • Explosives 
  • Defence and Aerospace 
  • Others

The market, based on raw material, can be categorised into:

  • Aluminium Ingots 
  • Aluminium Scrap

Market breakup by region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
     

Aluminium Powder Market by Region

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Rising Demand for Aluminium Powder in the Metal Additive Manufacturing Process to Supplement the Market Growth of Aluminium Powder

The market is being driven by the heightened demand for aluminium powder in additive manufacturing operations. This can be attributed to the increased application of additive manufacturing solutions across industry verticals. This will lead to increased investments by the leading market players in the development of advanced aluminium powder solutions. For instance, in April 2023, Gränges Powder Metallurgy announced the launch of its first low CTE aluminium alloy powder for automotive and aerospace applications. This aluminium powder will be used in Laser Beam Powder Bed Fusion (PBF-LB) Additive Manufacturing. Furthermore, the increased application of aluminium powder in the production of solar cells is also anticipated to prove beneficial for the market growth, with the heightened government focus on the adoption and promotion of sustainable energy generation worldwide.

Key Players in the Global Aluminium Powder Market

The aluminium powder market key players are involved in producing bauxite, alumina, and aluminium, focusing on sustainability and innovation. These companies cover the entire aluminium value chain, supplying products to industries like aerospace, automotive, and construction. They specialise in primary aluminium production and by-products, prioritising energy efficiency. Additionally, they manufacture fine aluminium powders for automotive, construction, and manufacturing sectors, ensuring high-quality standards for applications in pyrotechnics and coatings.

Alcoa Corporation

Headquartered in Pittsburgh, United States, Alcoa Corporation was established in 1888. It is a global leader in bauxite, alumina, and aluminium production, focusing on sustainable practices and innovative solutions. The company operates across the aluminium value chain, providing products for industries such as aerospace, automotive, and construction.

UC Rusal

UC Rusal, based in Moscow, Russia, was founded in 2000. It is one of the world’s largest producers of aluminium and alumina. The company is involved in the production of primary aluminium and its by-products, with a strong focus on sustainability and energy efficiency in its operations.

Aluminium Powder Company Ltd

Established in 1981 and headquartered in the United Kingdom, Aluminium Powder Company Ltd produces a wide range of aluminium powders used in industries such as automotive, construction, and manufacturing. The company specialises in fine aluminium powders, focusing on innovation and high-quality standards for various applications, including pyrotechnics and coatings.

Kymera International

Kymera International, headquartered in Woburn, United States, was founded in 2005. It is a leading global supplier of advanced metal powders, including aluminium and copper, for additive manufacturing, automotive, and aerospace industries. The company is committed to delivering high-performance materials and driving innovation in metal powder technologies.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Another key player in the aluminium powder market report is Toyal America Inc. among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global aluminium powder market reached a volume of 664.94 KMT in 2024.

The market is projected to witness a CAGR of 1.50% during the forecast period of 2025-2034.

The market is estimated to reach a volume of 771.69 KMT by 2034.

The major drivers of the market such as rising disposable incomes, increasing population, and growing demand from the end-use industries are expected to aid the industry growth.

The rising adoption of green manufacturing by the players in different sectors, such as aerospace, oil, construction, automotive, and medical industries, acts as a key trend that is expected to influence the market growth positively.

The leading regions in the market are North America, Latin America, the Asia Pacific, Europe and the Middle East and Africa, with North America accounting for the largest market share.

The major technologies in the aluminium powder market are air atomization and others. 

The major end-use sectors in the market include industrial, automotive, chemicals, construction, explosives, and defence and aerospace, among others.

The major raw materials of aluminium powder are aluminium ingots and aluminium scrap.

The key players in the market are Alcoa Corporation, UC Rusal, Aluminium Powder Company Ltd, Kymera International, and Toyal America Inc., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Technology
  • End Use  
  • Raw Material
  • Region
Breakup by Technology
  • Air Atomization
  • Others
Breakup by End Use
  • Industrial
  • Automotive
  • Chemicals
  • Construction
  • Explosives
  • Defence and Aerospace
Breakup by Raw Material
  • Aluminium Ingots
  • Aluminium Scrap
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Alcoa Corporation
  • UC Rusal
  • Aluminium Powder Company Ltd
  • Kymera International
  • Toyal America Inc.
  • Others
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