North America Aluminium Powder Market Size, Share, Regional Analysis, Business Opportunities and Forecast 2022-2027
According to IMARC Group’s latest report, titled “North America Aluminium Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the North America aluminium powder market size reached 63,000 Tons in 2021. Looking forward, IMARC Group expects the market to reach 72,690 Tons by 2027, exhibiting a growth rate (CAGR) of 2.42% during 2022-2027.
Aluminium powder is a fine, light-colored, odorless, and highly flammable substance obtained by grinding aluminium. It is manufactured using several processes, including gas atomization, splatter jet, ultrasonic atomization, and centrifugal atomization. Aluminium powder is reactive and undergoes vigorous exothermic reactions when oxidized. It is a lightweight material that offers high thermal conductivity, food compatibility, and resistance to corrosion, ultraviolet (UV) rays, pressure, and impact. As a result, it is widely used in specialized welding applications, chemical catalysts, prototyping, metallurgy, and manufacturing slurry, solar cells, explosives, detonators, paints, pigments, protective coatings, and rocket fuel.
COVID-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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North America Aluminium Powder Market Trends:
The market is primarily being driven by rising product applications across several industrial verticals. For instance, in the aerospace industry, aluminium powder is widely used to engineer lightweight materials and alloys for industrial, commercial, and military aircraft due to its excellent strength, high-temperature resistance, and positive impact on fuel efficiency. In line with this, the increasing utilization of ultra-fine aluminium powder in rocket propellent applications due to its reduced ignition delay and temperature is creating a positive outlook for the market. Furthermore, widespread product adoption in the construction industry for manufacturing lightweight concrete is acting as another growth-inducing factor. Additionally, the rising environmental concerns and the growing need to reduce energy and utility costs have prompted key players to adopt green manufacturing techniques, such as powder metallurgy (P/M). This technology is used to produce corrosion-resistant alloys with enhanced strength and toughness, which, in turn, is providing an impetus to market growth. Other factors, including widespread product utilization in the automotive industry for manufacturing automobile paints and sealants, increasing mining activities, and extensive infrastructural development activities, are anticipated to drive the market toward growth in the region.
North America Aluminium Powder Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the north america aluminium powder market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the north america aluminium powder market on the basis of breakup by technology, end-use, raw material and region.
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
- Imports and Exports
- Imports
- Exports
Breakup by Region
- United States
- Canada
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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