The global aluminium powder market stood at a volume of 655.11 KMT in 2023 and expected to grow at a CAGR of 1.50% in the forecast period of 2024-2032 as per the latest report by Expert Market Research.
Base Year
Historical Year
Forecast Year
Value in KMT
2024-2032
Aluminium Powder Market Outlook
*this image is indicative*
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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.
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.
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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:
On the basis of end use, the market can be segregated into:
The market, based on raw material, can be categorised into:
Market breakup by region
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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.
The report gives a detailed analysis of the following key players in the global aluminium powder market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model and SWOT analysis.
*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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The global aluminium powder market reached a volume of 655.11 KMT in 2023.
The market is projected to witness a CAGR of 1.50% during the forecast period of 2024-2032.
The market is estimated to reach a volume of 749.05 KMT by 2032.
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.
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.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Technology |
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| Breakup by End Use |
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| Breakup by Raw Material |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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