Aluminum Powders, Pastes, and Flakes Market
Aluminum Powders, Pastes, and Flakes Market (Type - Powders, Pastes, Flakes; Application: Industrial, Chemicals, Automotive, Construction, Blasting and Explosives, Aerospace and Defense) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
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Aluminum Powders, Pastes, and Flakes Market – Snapshot
Aluminum is one of the most abundant metals found in the Earth’s crust. It accounts for nearly 8% (by weight) of the Earth’s crust. Aluminum is the most widely used mental across the globe due to its wide availability and numerous properties. Aluminum powder is manufactured by feeding pure molten aluminum metal to a compressed gas jet and converting it to fine droplets. These droplets are solidified and collected. Powders collected through this process are graded, depending on their size and specification for various application. Aluminum powder is extensively used in a wide variety of applications such as aerospace & defense, industrial, automotive, and construction. Aluminum flakes and flake pigments are produced by dry ball milling of atomized aluminum under inert atmosphere or removal of solvent from wet-milled atomized aluminum under controlled conditions. Aluminum paste is made by ball milling of aluminum foil or aluminum powder in white solvents in the presence of a lubricant. Aluminum paste is extensively used by anti-corrosion paints, roof coatings, printing inks.
Increasing Demand for Aluminum, Powders, Pastes, and Flakes in Automotive Sector to Drive Market
Aluminum powder, paste & flakes are widely used in automotive paints & coatings. These are employed in the formulation of automotive coatings, as they enhance the esthetic properties. Smoother surface, lenticular shape of particles, and narrow distribution of particles ensure superior metallic finish in automotive coatings. Major applications of aluminum powder, paste, and flakes in the automotive industry includes automotive OEM, automotive interior coatings, wheel coatings, automotive parts and accessories, and automotive refinishes. Aluminum powder, paste, and flakes help improve various optical properties of automotive coatings such as tinting strength, brightness, gloss, and luster. These pigments increase resistance to degradation and improve the esthetic appeal. Additionally, specially developed grades of aluminum powder, paste, and flakes protect automotive components from damage caused by OEM recirculation. The global automotive industry has been expanding significantly over the last few years. Automotive production has been significantly increasing in developing countries such as China, India, and Brazil in the last few years. Rise in foreign investment in emerging economies has boosted the automotive industry. Major automotive manufacturers are focusing on strengthening their presence in BRIC countries. This, in turn, is propelling the demand for aluminum powder, paste, and flakes in the automotive industry in these countries.
Leading Players Focusing on Geographical Expansion
Key players profiled in the aluminum powders, pastes, and flakes market include United Company RUSAL Limited, Alcoa Corporation, Kymera International, The Metal Powder Company Ltd., Toyo Aluminium K.K., Aluminium Bahrain (Alba), United States Metal Powders, Inc., Silberline Manufacturing Co., Inc., Transmet Corporation, Valimet, Inc, Arasan Aluminium Industries (P) Ltd, and Carlfors Bruk AB. These players engage in collaborations, mergers & acquisitions (M&A), geographical expansion, and launch of new products. In September 24, 2015, Alcoa Corporation completed the expansion at its Tennessee, in the U.S. facility to cater to the demand for aluminum sheets from the automotive industry. The plant would provide aluminum sheets to automakers such as Ford Motor Company, Fiat Chrysler Automobiles, and General Motors.
Powders Segment to Dominate the Aluminum Powders, Pastes, and Flakes Market
In terms of type, the global aluminum powders, pastes, and flakes market has been segmented into powders, pastes and flakes. The powder segment accounted for a dominant share in the aluminum powders, pastes, and flakes market. Aluminum powder is a fine-granular powder of aluminum. Its color varies from silvery-white to gray. It is an odorless powder. Aluminum powder is a highly reactive and flammable material. Aluminum powder is manufactured in several forms such as flake-like particles and granular powder. Aluminum powder is used in paints, protective coatings, pigments, printing inks, rocket fuels, explosives, ceramics, and abrasives. The aluminum paste segment is anticipated to expand at a significant pace during the forecast period owing to the increase in demand for these pastes in paints, coatings, and inks applications.
Demand for Aluminum Powders, Pastes, and Flakes to Increase in Industrial Applications
Based on application, the aluminum powders, pastes, and flakes market has been divided into industrial, automotive, chemical, construction, blasting & explosives, and aerospace & defense. The industrial segment accounted for a major share of the aluminum powders, pastes, and flakes market. Industrial applications employ aluminum flakes, powders, and pastes for purposes such as coating systems for corrosion protection, primer/ship paints, roof coatings, coil/can coatings, and UV coatings. The aluminum coating protects the surface from moisture and environmental effects. Aluminum paste, especially leafing aluminum paste, is employed for roof coatings to protect the roof from moisture and corrosion. It also reflects UV rays thereby, providing protection from photochemical degradation. The aerospace & defense application segment is anticipated to expand at a significant pace during the forecast period owing to increasing number of aircraft deliveries across the globe.
Developing Economies to Present Lucrative Opportunities
In terms of volume, Asia Pacific and Europe are leading regions of the global aluminum powders, pastes, and flakes market. In terms of value, the market in Asia Pacific is projected to expand at a substantial pace during the forecast period. The market in North America is estimated to expand considerably during the forecast period owing to the rise in the industrialization and increase in demand for these materials for making printing ink varnishes and protective coatings for applications in industries such as construction and automotive in the region. The market in India, ASEAN, Japan, and China is anticipated to expand at a substantial pace in the next few years due to the rise in demand for aluminum powders, pastes, and flakes in various applications such as automotive, construction, chemicals, and industrial.
Aluminum Powders, Pastes, and Flakes Market - Overview
This report analyzes and forecasts the aluminum powders, pastes, and flakes market at global and regional levels. The market has been forecast based on volume (tons) and value (US$ Thousands) from 2018 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand for aluminum powders, pastes, and flakes during the forecast period. The report also highlights opportunities in the aluminum powders, pastes, and flakes market at the global level.
The report comprises detailed value chain analysis, which provides a comprehensive view of the global aluminum powders, pastes, and flakes market. Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications of aluminum powders, pastes, and flakes have been benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global aluminum powders, pastes, and flakes market by segmenting it in terms of type and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand for aluminum powders, pastes, and flakes in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers the demand for aluminum powders, pastes, and flakes in individual type and application segments across all regions. Key players operating in the aluminum powders, pastes, and flakes market include United Company RUSAL Limited, United Company RUSAL Plc, Alcoa Corporation, Kymera International, The Metal Powder Company Ltd., Toyo Aluminium K.K., Aluminium Bahrain (Alba), and Carlfors Bruk AB, have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
The report provides size (in terms of value and volume) of the aluminum powders, pastes, and flakes market for the historical years 2013–2016 base year 2017 and the forecast between 2018 and 2026. Market numbers have been estimated based on type and application of aluminum powders, pastes, and flakes. Market size and forecast for each application segment have been provided for the global and regional markets.
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding. Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
- Extensive analysis of the aluminum powders, pastes, and flakes market trends and shares from 2017 to 2026 to identify growth opportunities and analyze market developments
- List of key developments made by major players in the aluminum powders, pastes, and flakes market
- List of key factors that are useful for building a roadmap of upcoming growth opportunities for the aluminum powders, pastes, and flakes market at global, regional, and country levels
- Insights into growth opportunities for various stakeholders in the value chain and a detailed competition landscape of major players to help understand the market competition level
- Porter’s Five Forces analysis that highlights the potency of buyers and suppliers and enables stakeholders to make profit-oriented business decisions