Aluminium Powder Market to Exceed USD 3bn by 2025, Growing at a CAGR 3.4% between 2017 and 2025 Says Profshare Market Research

Wednesday, March 14, 2018 7:27 AM UTC

NEW YORK, March 14, 2018 -- Aluminium Powder Market is valued at USD 3 billion in 2017 and is expected to reach USD 3.92 billion by the end of 2025, growing at a CAGR of 3.4% % between 2017 and 2025. Aluminium is available abundantly in nature. It has corrosion resistant and non-toxic nature. Aluminium powder is nothing but grinded aluminium metal. It is odourless, lightweight and flammable. Its colour is slightly grey. Its oxidation reaction is exothermic. It can also react with various organic and inorganic chemicals. When aluminium powder is reacted with water, strong acids or bases, it produces hydrogen gas which is extremely flammable.

Due to these properties aluminium powder is useful in many applications. It is used in explosives, fireworks and military applications. Aluminium powder and oxygen combination is used in rocket launching. It is used produce pigments which is used as coatings in electronic and automotive industries. In construction industries it is used to make concrete, paints and reflective roof coating. It is also used to make powder coating printing ink, sparkles and glitters. Aluminium powder market is divided into atomized aluminium powder, aluminium flake powder, aluminium paste and aluminium pigment powder are different types of aluminium powder available.

Global Aluminium Powder Sales Market is segmented into several regions such as Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. Currently, North America shares largest market of aluminium powder sales market followed by Southeast Asia and Europe. Due to the high rapid growth, driven by the significant economic progress and infrastructural development in various countries across the Asia Pacific region, the Aluminium Powder Market witnessing a high increasing growth across the region in coming decade. Growing industries and various technological advancements will fuel the aluminium powder sales market during forecast period.

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Aluminium Powder Market : Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Aluminium Powder Market: