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Aluminum Powder Market Is Extensively Driven By Increase In Use For Metallurgy And Additive Manufacturing Till 2022 | Million Insights

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Aluminum Powder Market Is Extensively Driven By Increase In Use For Metallurgy And Additive Manufacturing Till 2022 | Million Insights

August 27
07:18 2019
Aluminum Powder Market Is Extensively Driven By Increase In Use For Metallurgy And Additive Manufacturing Till 2022 | Million Insights

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According to new report available with Million Insights, used as a component for power metallurgy techniques, the market for aluminum powder gains a positive traction in the forecast period

The Aluminum Powder Market is projected to witness a CAGR of 3.6% in the forecast period. Aluminum powder is trifurcated as flakes, granules and atomized. The size dimensions being of identical nature varies with small amounts in the mentioned categories whereas the dimensions of a flake particle may vary significantly with others. Aluminum powder, on heating below 280 C, produces heat. This exothermic reaction gives out hydrogen and aluminium hydroxide as well. 

Since the mass particle is small, the entire particle may instantly oxidize and a pile of such particles will burn. As flake particles have a larger surface area per unit mass than granular and atomized particles, the ignition is faster and burns rapidly over other types of powder. Commercially, the use of aluminum powder is higher in building and construction industry, which is applied as aerated concretes. As the demand for aerated concretes is increasing, the construction industry witnesses faster growth across the globe. 

Full Research Report On Global Aluminum Powder Market Analysis available at: https://www.millioninsights.com/industry-reports/aluminium-powder-market

The market is extensively driven by increase in use of aluminum powder for metallurgy and additive manufacturing. Used as a component for power metallurgy techniques, the market for aluminum powder gains a positive traction in the forecast period. Flake powder and Atomized powder are aluminum powder types. Application segment for aluminum powder market includes rocket fuel, pyro-technique, powder metallurgy, solar cell manufacturing and pigment. End-user segmentation for aluminum powder market include building & construction, semiconductor & electronics and chemicals.

Geographical segmentation for Aluminum Powder Market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions account for a significant market share due to rise in manufacturing and expanded scope of usage in developing countries. Demand for aluminum powder in solar cell manufacturing being high in the region along with other developing countries is likely to create favorable market conditions in the APAC sector. Manufacturers are now emphasizing on renewable sources of energy wherein the use of aluminum powder is significant.

North American and European market lead the global scenario due to inclination towards renewable sources of energy and wide presence of building & construction sector. The key players in the aluminum powder market include AMG Alpoco, the Metal Powder Company Limited, ECKA Granules, Rusal and Alcoa.

Request for Free Sample Copy at: https://www.millioninsights.com/industry-reports/aluminium-powder-market/request-sample

Market Segment:

Key Applications
• Photovoltaic Metallization Pastes
• Metallic Pigments
• Refractory Materials
• Explosives & Propellants

Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

Key Vendors
• Alcoa
• ECKA
• Rusal
• Shandong Jinmao
• Shandong Xinfa
• Toyo Aluminium
• request free sample to get a complete list of companies

Key Questions Answered in this Report
• What will the market size be in 2022?
• What are the key factors driving the global aluminum powder market?
• What are the challenges to market growth?
• Who are the key players in the aluminum powder market?
• What are the market opportunities and threats faced by the key players?

Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/chemicals-and-materials

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