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.
According to a new report by Expert Market Research, the global aluminium powder market reached a volume of 634 Thousand Tons in 2018 and is further expected to reach a volume of 714 Thousand Tons by 2024. 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:
Expert Market Research has analysed the global aluminium powder market according to end-use, major regions and top players:
Market breakup by End-use
Market breakup by Region
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"Aluminium Powder Market: By Region: North America, South America, Asia Pacific, Europe, Middle East and Africa; By End-Use: Metallurgy, Chemicals, Paints & Pigments, Explosives, Construction; Value Chain Analysis; Historical Production and Consumption (2014-2018); Production and Consumption Forecast (2019-2024); Competitive Landscape; Setting Up an Aluminium Powder Manufacturing Plant; Capital Investment; Operating Expenditures; Project Economics"
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