Global Aluminium Powder market will reach 1120 million US$ by the end of 2025
Published Date: 2018/11/15
First, Aluminium powder is powdered aluminium. This was originally produced by mechanical means using a stamp mill to create flakes. Subsequently, a process of spraying molten aluminium to create a powder of droplets was developed by E. J. Hall in the 1920s. The resulting powder might then be processed further in a ball mill to flatten it into flakes for use as a coating or pigment. Paint and Pigment Industry is its largest downstream market, which shares 66.34% of the consumption in 2017.
Second, the production of aluminum powder is distributed evenly in China, North America, Europe,. China is the largest production of aluminum powder in the world in the past few years and it will keep the same position in the next few years.
Third, the global consumption of aluminum powder increased from 260 K MT in 2013 to 268 K MT in 2017 at an average annual growth rate of more than 0.72%. In the world wide, the top five manufacturers of aluminum powder are Alcoa, Kymera International, UC RUSAL, Toyal Group and Xinfa Group. And the production of Alcoa occupied about 17% in 2017.
The global Aluminium Powder market is valued at 910 million US$ in 2017 and will reach 1120 million US$ by the end of 2025, growing at a CAGR of 2.6% during 2018-2025.
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