According to the latest market research study released by Technavio, the global aluminum powders, pastes, and flakes market is expected to grow at a CAGR of close to 5% during the forecast period 2016-2020.
This market research report by Technavio provides an in-depth analysis of the market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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Technavio research analysts categorize the global aluminum powders, pastes, and flakes market based on product type:
Global aluminum powders, pastes, and flakes market share by product form 2015
|
Aluminum paste |
39.09% |
|
Aluminum flakes & flake pigments |
33.51% |
|
Aluminum powder |
27.40% |
Source: Technavio
Aluminum paste market
In 2015, aluminum paste occupied the largest share of the global aluminum powders, pastes, and flakes market. The applications of aluminum paste are defined based on the particle size. For instance, for printing inks, extra fine, fine, and standard aluminum pastes are used. Aluminum paste is widely used in the manufacture of corrosion resistant paints, marine paints, silver paints, printing inks, pigments for injection molding, and general purpose metallic paints.
“Aluminum paste is being increasingly used in the manufacture of photovoltaic systems and electronics. Characteristics such as corrosion resistance and good conductivity are driving this increase in the adoption of aluminum paste in these applications. Also, aluminum powder is expected to increase its share in photovoltaic solar cells. Applications of aluminum powder and pastes in photovoltaic systems and electronics mandate superfine powders and pastes with the tightly controlled particle size distribution,” says Ajay Adikhari, a lead analyst at Technavio for research on metals and minerals.
Global aluminum flakes and flake pigments market
Aluminum flakes and flake pigments occupy around 34% of the global aluminum powders, pastes, and flakes market, while expecting to be registering a substantial growth rate during the forecast period. The global aluminum flakes and flake pigments market is expected to grow at a CAGR of more than 5% during the forecast period. Aluminum flakes and flake pigments are used for various applications in different particle sizes. Flakes find application in aerated concrete in standard, coarse and extra coarse forms. Some common uses of flake pigments include the manufacture of construction paints and coatings, and printing inks.
The increasing adoption of nanotechnology is encouraging the use of aluminum nanopowders in several applications. Some of major end-use applications of aluminum nanoparticles are in manufacture of rocket fuel, material surface coatings, integrated circuit packaging, wear resistant additives, and nanocomposites.
Global aluminum powder market
Aluminum powder accounted for more than 27% of the global aluminum powders, pastes, and flakes market in 2015. Aluminum powder is used for various applications depending on the particle size of the powder. For example, in rocket fuels, fine, standard, and coarse aluminum powder are used. Its use in refractory bricks, rocket fuels, brake linings, aluminum soldering, and alloy powders for metallurgy are the fundamental drivers for the global aluminum powder market.
The use of aluminum powder in aluminum foam and powder metallurgy is gaining traction in the market. Aluminum powder is the chief ingredient in the production of aluminum foam, a highly porous cellular structure consisting of significant volumes of gas-filled pores covering a large portion of the volume. Aluminum foam is used extensively in heat exchangers to increase the heat transfer. Powder metallurgy is yet another upcoming application for aluminum powder. This eliminates the need for extra metal removal and brings about cost-efficiency. Such new, emerging applications of aluminum powder is expected to reflect positively on the global aluminum powder market by 2020.
The top leading vendors operating in the global golf equipment market are:
- Alcoa
- AMG Alpoco UK
- ECKA Granules
- MEPCO
- Toyal Group
The other prominent vendors in the market include Ampal, Bahrain Atomizer, ECKART, Silberline, and Valimet.
A more detailed analysis is available in the Technavio report tilted, ‘Global Aluminum Powders, Pastes, and Flakes Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Aluminum Market for Building and Construction Sector 2016-2020
- Global Aluminum Composite Panels Market 2016-2020
- Global Aluminum Extrusion Market 2016-2020
- Global Aluminum Casting Market 2016-2020
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