Press release
Aluminum Powders Market is expected to reach USD 2,488.60 Million by the end of 2028 : Cognitive Market Research
Aluminum Powders Market is expected to reach USD 2,488.60 Million by the end of 2028 : Cognitive Market Research
- Aluminium powder is aluminium that has been ground into a fine powder. Aluminum powder was first made by crushing metal in a stamp mill to make aluminium flakes. Later on, new ways emerged, making the entire procedure significantly more straightforward. Currently, pure molten aluminium metal is presented to a compressed gas jet and converted to tiny droplets, which are subsequently solidified and collected. The powders are then sorted according to their size, specification, and application. It is treated using gas atomization and air atomization. Aluminium powder is available in three forms: atomized aluminium powder, flake powder, and paste. It is divided into two types: spherical aluminium powder and non-spherical aluminium powder.
Market Insights:
• The Global Aluminum Powders Market is expected to reach USD 2,488.60 Million by the end of 2028, growing at a CAGR of 2.91% between 2021 and 2028.
• The North America Aluminum Powders market size is projectwd to reach USD 814.14 Million in 2028.
"To know more The Aluminum Powders Market Insights click here: https://www.cognitivemarketresearch.com/aluminum-powders-market-report
Market Drivers:
• Surge in the demand for lightweight and fuel-efficient vehicles
- The automotive industry includes a wide scope of organizations and associations engaged with the structure, improvement, assembling, showcasing, and selling of engine vehicles. It is one of the world's biggest financial segments by income. Regardless of issues with overcapacity and low benefit, the automotive industry holds solid influence and significance. It is a significant modern and monetary power around the world. It makes approximately 60 million vehicles and trucks a year.Several factors, such as increasing population, rise in logistic sector, increasing transport trends has surge automotive industry. Rising per capita income is relied upon to drive income development for the worldwide automotive industry. According to survey, it is projected that the global automotive industry will grow to nine trillion U.S. dollars by 2030.
• Expanding aviation industry
- Aviation sector's activities are very diverse, with a multitude of commercial, industrial and military applications. Aviation manufacturing industry is a high-technology industry which manufactures aviation, guided missiles, space vehicles, aviation engines, propulsion units, and related parts. The global aviation industry is near about worth $838 billion in which Aviation & Engine OEMs represented 28%, Civil & Military MRO & Upgrades 27%, Aviation Systems & Component Manufacturing 26%, Satellites & Space 7%, Missiles & UAVs 5%, and other activity, including flight. Considering the overall commercial aviation market, North America and Europe demand for commercial aviation production is growing at 5.4% and 5.3% respectively.
• Restraints for Aluminum Powders Market
- Risk factors associated with aluminium powders
• Opportunities for Aluminum Powders Market
- Wide use of aluminium powders in various sectors
Market Segmentation:
Product
• Spherical Aluminum Powder
- Spherical aluminium powder is a spherical-shaped high-purity powder created with advanced atomization technology. Alloys can be used in manufacturing as well. Spherical aluminium powder has a high purity and sphericity. The purity of spherical aluminium powder is maintained to the highest possible degree.
• Non-spherical Aluminum Powder
- Non-Spherical Aluminum Powder is made up of irregularly shaped aluminium particles. This type of aluminium powder has a more irregular shape than spherical aluminium powder, which provides it with certain advantages. Non-spherical aluminium powder is utilized in a wide range of sectors, including paint and pigment, solar electronic paste, refractory materials, and others
Type
• Gas Atomization-derived Aluminum Powder
- Aluminum and aluminium alloy powders are created by the process of gas atomization. The gas atomization is the process by which a liquid metal is fragmented by a high-velocity gas such as air, nitrogen, argon, or helium. Atomization happens when kinetic energy from the atomizing medium is transferred to the metal.
• Air Atomization-derived Aluminum Powder
- A confined atomizer with a single well-fixed air nozzle was used to atomize liquid aluminum. The oxygen concentration of aluminium powders generated by air atomization is typically around 0.3 wt. percent or 0.3-0.6 wt. percent. Air atomized aluminum powder is widely used in the production of welding electrodes, brake linings, foundry fluxes and sleeves, explosives, paints, solid propellant fuels, refractory bricks, and thermal welding.
Distribution Channel
• Photovoltaic Electronic Paste
• Paint & Pigment
• Refractory Materials
Application
• Industrial
• Automotive
• Chemical
• Construction
• Explosives
• Fireworks
• Defense & Aerospace
• Other
Get free sample pages of latest published Aluminum Powders Report:
https://www.cognitivemarketresearch.com/aluminum-powders-market-report/report_enquiry/4
Competitive Analysis for Aluminum Powders Market:
Alcoa, Kymera International, UCR United States L, Toyal Group, Xinfa Group, Henan Yuanyang, Hunan Goldsky, Hunan NingxiangJiweixin, LuxiJinyuan, Hunan Goldhorse, Angang Group, JiangsuTianyuan, Metal Powder Company, Arasan Aluminium Industries, Zhangqiu Metallic Pigment
Zhangqiu metallic pigment Co., Ltd.
Zhangqiu Metallic Pigment Co., Ltd. is engaged in the manufacturing and supply of several products, which include aluminium powder for solar, metal coating, building sector. The company also manufactures metallic pigment for solvent ink, printing ink industry, aluminium paste for industrial, automotive coatings. The company has around 6 manufacturing plants.
News:
2020
- Silver Rocket has acquired Bronze Powder Factory
Silver Rocket acquired bronze powder factory to start the production of bronze powder.
Related Report:
• Aluminum Powder Metallurgy Market - https://www.cognitivemarketresearch.com/aluminum-powder-metallurgy-market-report
• Aluminum Powders Pastes and Flakes Market - https://www.cognitivemarketresearch.com/aluminum-powders-pastes-and-flakes-market-report
• Aluminium Potassium fluoride - https://www.cognitivemarketresearch.com/aluminum-potassium-fluoride-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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