Aluminium Powder Market Scope
Small flakes of aluminum metal obtained by stamping or ball-milling foil in the presence of a fatty lubricant, such as stearic acid, which causes the flakes to orient in a pattern to give high brilliance. It is usually supplied in the paste form wetted with mineral spirits. Aluminum powder is obtained by finely grinding the aluminium metal. This powder is light in weight, odorless, highly flammable and silvery-white to grey in colour. Its property to undergo the vigorous exothermic reactions when it gets oxidized encourages its applications in production of the various explosives and fireworks. Aluminium powder is also used in making of many sealants and paints, glitters and sparkles, aerated autoclave concrete, reflective roof coating, and printing inks
The market for aluminum is extremely competitive. Leading manufacturers are now more inclined to spend money on R&D to increase their consumer base from end-use industries. The market is seeing the entry of numerous startups and small businesses, increasing competition. On the other hand, major market players are engaging in partnerships, purchases, joint ventures with top investors, and agreements to guarantee multifaceted growth.The Vendors having a strong hold in the market are Alcoa, Kymera International, UC RUSAL, Toyal Group and Xinfa Group. Research Analyst at AMA estimates that China Vendors will contribute to the maximum growth of Global Aluminium Powder market throughout the predicted period.
Alcoa (United States), Kymera International (United States), Xinfa Group (China), Henan Yuanyang (China), Hunan Goldsky (China), Hunan Ningxiang Jiweixin (China), Luxi Jinyuan (China), Hunan Goldhorse (China), Angang Group (China) and JiangsuTianyuan (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Zhangqiu Metallic Pigment (China), Metal Powder Company (India) and Arasan Aluminium Industries (India).
Segmentation Overview
The study have segmented the market of Global Aluminium Powder market by Type (Spherical Aluminum Powder, Ferro Aluminium Powder, Atomized Aluminium Powder, Leafing Aluminium Powder and Others), by Application (Explosives, Paints, Fingerprint Powder, Rocket Fuel and Others) and Region with country level break-up.
On the basis of geography, the market of Aluminium Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Development in the manufacturing process of aluminium powder with new advanced technology
Market Growth Drivers:
Increasing industrialization and its demand related to aluminium powder
Restraints:
The high cost associated with the manufacturing processes and labour associated with it
Opportunities:
Aluminium powder industry has evolved extensively with the advancement in technology and growth in the global economy
Market Leaders and their Expansionary Development Strategies
Lightweight, high-performance metals leader Alcoa announced that it has completed the acquisition of privately held TITAL
Alcoa Corporation announced that it will immediately begin to curtail half of the one operating potline at the Aluminerie de Bécancour Inc. (ABI) smelter in Québec, Canada
Key Target Audience
Aluminium Powder Manufacturers, Aluminium Powder Distributors/Traders/Wholesalers, Aluminium Powder Subcomponent Manufacturers, Industry Association and Downstream Vendors
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.