Aluminum Powder Market Size, Share 2022 Industry Forecasts Analysis, Company Profiles, Key Regions Analysis |
The aluminum powder market is a segment of the global metal powder market, which is expected to grow at a CAGR of around 3% from 2021 to 2026. Aluminum powder is a fine granular powder made from aluminum particles or flakes. It is widely used in various applications, such as metallurgy, explosives, chemicals, aerospace, automotive, and construction, among others. Here is some more information about the aluminum powder market: Market Drivers: Growing demand from the automotive industry: The automotive industry is a major consumer of aluminum powder, which is used in the production of lightweight components. The increasing demand for fuel-efficient vehicles is expected to drive the growth of the aluminum powder market. Increasing demand from the construction industry: Aluminum powder is used in the production of lightweight concrete, which is extensively used in the construction industry. The increasing construction activities in developing countries are expected to boost the ...