According to IMARC Group’s latest report, titled “Europe Aluminum Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2
According to IMARC Group’s latest report, titled “Europe Aluminum Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Europe aluminium powder market is expected to exhibit stable growth during 2021-2026. Aluminum powder is a fine, granular, odorless and highly flammable compound produced from molten aluminum metal. The aluminum metal is presented to a compressed gas jet and converted into fine droplets, which are further solidified and collected. Aluminum powder is commonly available in atomized, flake, paste and pigment powder variants. It is used in the manufacturing of detonators, explosives, slurry and silver metallic pigments. The powder undergoes a vigorous exothermic reaction upon oxidization and reacts with numerous organic and inorganic chemicals. It finds extensive applications across various industries, such as automotive, construction, chemical, defense and aerospace.
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The Europe aluminum powder market is primarily being driven by significant growth in the automotive industry. Aluminum powder is widely used to manufacture premium-quality automobile paints and sealants. Moreover, the increasing utilization of powder metallurgy (P/M) technology for the manufacturing of aluminum powder is providing a thrust to the market growth. It aids in producing powder with enhanced corrosion resistance, strength and toughness at varying temperatures. Other factors, including the rising product demand in the military and aerospace industries to produce rocket propellants, along with the widespread adoption of aluminum powder for the manufacturing of lightweight cellular concrete, are favoring the market growth across the region. Looking forward, IMARC Group expects the Europe Aluminum Powder market to exhibit moderate growth during 2021-2026.
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 behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Breakup by Technology:
- Air Atomization
Breakup by End-Use:
- Defense and Aerospace
Breakup by Raw Material:
- Aluminium Ingots
- Aluminium Scrap
Breakup by Country:
- United Kingdom
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- 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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