Market Size and Growth:

Market research suggests the global aluminium powder market is poised for significant growth. Estimates suggest the market, global aluminium powder market size was valued at USD 1.76 billion in 2022. The industry is expected to expand from USD 1.84 billion in 2023 to USD 2.70 billion by 2030, exhibiting a CAGR of 5.6% over the study period.

One of the popular methods to produce aluminium powder is by spraying the molten aluminium at high speed to obtain a dense powder. The market expansion can be credited to the growing demand for brick production in the construction sector. The product is also considered a main ingredient for solar cell production.

Aluminium powder, a fine and versatile material, is finding its way into an ever-growing number of applications. From the eye-catching glitters that shimmer in fireworks to the lightweight components in modern vehicles, aluminium powder's unique properties are driving a strong market.

Fortune Business Insights™ provides this information in its research report titled “Aluminium Powder Market Size, Share and Forecast Report, 2023-2030”.

Key Applications:

The industrial sector is the leading consumer of aluminium powder. Here, it finds uses in:

• Paints and Coatings: Aluminium powder adds a reflective and lustrous quality to paints and coatings, making them ideal for applications like protective coatings and heat-resistant paints
• Pyrotechnics: The pyrotechnic industry relies on aluminium powder to create the dazzling effects seen in fireworks and sparklers
• Construction: Aluminium powder helps lighten construction materials like aerated autoclave concrete, leading to lighter and more manageable bricks and slabs

Beyond industrial applications, aluminium powder is also being used in:

• Electronics: The material's conductivity makes it valuable in the production of solar cells
• Automobiles: Aluminium powder contributes to the creation of lightweight car parts, improving fuel efficiency

List of Key Players Mentioned in the Aluminium Powder Market Report:

• AMG Advanced Metallurgical Group NV (U.K.)
• Ampal Inc. (U.S.)
• Valimet, Inc. (U.S.)
• Avl Metal Powders n.v. (Belgium)
• Henan Yuanyang Powder Technology Co., LTD. (China)
• Angang Group Aluminium Powder Co., Ltd (China)