Aluminium Powder Market Size, Share & Industry Analysis, By Type ( Atomized aluminum powder, Flake aluminum powder ), By Application ( Automotive , Aerospace & defense, Building & construction, Electronics & semiconductors, Others ) and regional forecast 2023-2030

Aluminium powder is a fine granular and crushed aluminium product. Spraying the molten aluminium at high speed to yield a dense powder is one of the popular techniques to obtain aluminium powder. Based on the type of atomizing gas used to burst the molten aluminium, two types of aluminium powder, can be formed. Another way of processing aluminium powder is dry magnetic stirring and hammering. Such methods produce various powders. The former is used for the production of granular and nodular powder, the latter for the production of crusted and flattened powder.

The global market for aluminum powder is experiencing significant growth due to the increase in demand for brick production in the construction industry. It is also a favored metal powder in fast prototyping and powder metallurgy. Aluminium powder is also a main ingredient in the production of solar cells that drives the growth of the global market. However, due to low entry barriers, the aluminium powder sector is extremely competitive, as the sector has no big technology involved, leading it to retain low capital investments due to the low cost of production, all of which is expected to hamper profits.

Market Segmentation:

Based on product type, the market for alumunium powder is further segmented into atomized aluminum powder and flake aluminum powder. Based on application, the market for alumunium powder is further segmented into automotive, aerospace & defense, building & construction, chemical, electronics & semiconductors, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Market Driver -

Aluminium Powder Industry Developments June 28, 2020: Constellium launched a new high performance aluminium powder ‘Aheadd’. The product was strategically launched to meet consumer demand in aerospace, sport and defense industries. The product offers excellent thermal stability.

Key Market Restraint -

Low entry barrier has increased the competition and further restricted the industry growth.

Key Players Covered:

The global & regional players operating in the alumunium powder market includes, AMG Advanced Metallurgical Group, Ampal, Inc, Valimet Inc, AVL Metal Powders, Henan Yuanyang Powder Technology, Angang Group Aluminium Powder, NovaCentrix, Pioner Industries Factory FZ LLC and others.

Key Insights

• New Advancements in Production Technologies


• Key Trends in the alumunium powder market


• New Product Launches, Expansions, Key Players


• Ranking of Key Players in the Market

Regional Analysis:

North America dominates the aluminium powder market. This is due to the potential demand for aluminium powder in the production of solar cells. According to the Association of Renewable Energy Industries, 40 per cent of all new electricity added to the network emerged from renewable sources in 2019. The rising competitiveness of solar against other technologies has allowed adoption of aluminium powder in the U.S. Asia Pacific is expected to experience the fastest growth in the market after North America. This is attributed to multiple technological advancements in aluminium end-use industries. Europe secures prominent share in the alumunium powder market, owing to the growth of construction industry. The largest share of the alumunium powder market is held by Germany. Aluminium powder offers excellent properties such as toughness, consistency and texture, which provide excellent advantages in the construction applications. The growth of end-use industries has led to a market growth in the Middle East and African countries. The alumunium powder market also has major opportunities in the Latin America, especially in developing economies such as Brazil.

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Segmentation

Aluminium Powder Industry Developments

June 28, 2020: Constellium launched a new high performance aluminium powder ‘Aheadd’. The product was strategically launched to meet consumer demand in aerospace, sport and defense industries. The product offers excellent thermal stability.