The latest report by IMARC Group, titled “Aluminium Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global market reached a volume of 418.5 Tons in 2021. Aluminium powder represents the granular, fine, silvery-white, and odorless powder that is produced from aluminium metal. It is flammable and reactive in nature. Aluminium powder is obtained by stamping and ball-milling foils in the presence of fatty lubricants, such as edible vegetable oil, stearic acid, food-grade fatty acids, etc. In addition to this, it is also supplied in the form of paste wetted with mineral spirit. Presently, aluminium powder is commonly available in several forms, including flake powder, atomized aluminium powder, pigment powder, etc. Furthermore, it undergoes vigorous exothermic reactions when oxidized and can react with organic as well as inorganic chemicals. Consequently, aluminium powder is extensively utilized in the manufacturing of paints and sealants, explosives and fireworks, sparkles and glitters, aerated autoclave concrete, reflective roof coatings, printing inks, etc.
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Global Aluminium Powder Market Trends:
The widespread product adoption across numerous industries, such as automotive, defense, aerospace, etc., is primarily driving the aluminium powder market. Additionally, the growing popularity of this substance as an essential component in the production of lightweight concrete is further catalyzing the market growth. Besides this, the escalating demand for aluminium powder in fast prototyping and metallurgy applications is acting as another significant growth-inducing factor. Moreover, the rising consumer concerns and the implementation of various stringent regulations by government bodies across countries are inflating the utilization of green manufacturing practices to minimize operating costs and reduce utility bills, which is anticipated to fuel the aluminium powder market over the forecasted period. Looking forward, IMARC Group expects the global aluminium powder market to reach a volume of 504.5 Tons by 2027, exhibiting at a CAGR of 3.2% during 2022-2027.
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