According to the latest report by IMARC Group, titled “GCC Aluminium Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the market is expected to exhibit moderate growth during 2021-2026.
Aluminium powder refers to a fine granular substance manufactured by exposing molten aluminium ingots to a compressed gas jet. It is widely available in four varieties, namely atomized, flake, paste, and pigment powder. Aluminium powder is odorless, lightweight, highly flammable, and is capable of undergoing vigorous exothermic reactions when oxidized. It also provides resistance to corrosion, reflection to visible and infrared ultraviolet (UV) rays, higher density than thermoplastics, etc. As a result, aluminium powder finds extensive applications in the manufacturing of explosives, fireworks, paints, glitters, aerated autoclave concrete, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
GCC Aluminium Powder Market Trends:
The increasing product utilization across diverse industry verticals is primarily driving the GCC aluminium powder market. Moreover, the escalating demand in the petroleum and mining sectors based on the powder’s numerous applications in commercial mining explosions is further augmenting the market growth. Besides this, aluminium powder is used in the formulation of silver metallic paints and automotive sealants across various industries, including automotive, painting, cosmetics, etc., which is catalyzing the regional market. Additionally, the expanding product use in the construction industry for manufacturing lightweight concrete is expected to fuel the GCC aluminium powder market over the forecasted period.
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GCC Aluminium Powder Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis on country, technology, end-use, raw material.
Breakup by Technology:
- Air Atomization
- Others
Breakup by End-Use:
- Industrial
- Automotive
- Chemical
- Construction
- Explosives
- Defense and Aerospace
- Others
Breakup by Raw Material:
- Aluminium Ingots
- Aluminium Scrap
Breakup by Country:
- Saudi Arabia
- UAE
- Qatar
- Oman
- Kuwait
- Bahrain
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the aluminium powder market include ECKA Granules Germany GmbH, Toyal America, Inc., Alcoa Corporation, United Co Rusal, AMG Alpoco UK Ltd., Metal Powder Company Limited (MEPCO), UC Rusal, Aluminium Powder Company Ltd, Kymera International.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Aluminium Powder Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/aluminium-powder-market/download-sampleMarket DynamicsEscalating demand for aluminium powder from various end-use industries such as metallurgy, chemicals, paints & pigments, explosives, and construction is driving the growth of the global aluminium powder market.
Aluminium powder has its increasing usage in powder metallurgy.
It has led to This is due to more highly developed powder-making processes and a much more comprehensive range of subsequent fabricating techniques.
The feature that differentiates aluminium powder from aluminium in its massive form is the vast surface area to weight ratio.
