This market research report presents the segmentation of the aluminum powders, pastes, and flakes market by type (flakes and flake pigments, powder, and paste), by application (industrial, automotive, chemical, construction, explosives, and defense and aerospace), and by geography (Americas, APAC, Europe, and ROW). The key vendors analyzed in this market analysis report are Ecka Granule, Toyal Group, Alcoa, RUSAL, AMG Alpoco and MEPCO.
Technavio has released updated information on the aluminium market, with the publication of its new market research report, global aluminium powders, pastes and flakes market. The global aluminium powders, pastes and flakes market is expected to grow at a CAGR of around 5% between 2015 and 2019, owing to the increased demand from the automobile industry. APAC leads the global market for aluminium powders, pastes and flakes, occupying around 44% of the total market revenue. China is the prime demand driver and the largest market for aluminium in this region. Moreover, growing environmental concerns in the region is propelling the use of aluminium powders, pastes and flakes.
“Owing to its lightweight nature, the application of aluminium has increased in the automobile industry in the recent years. It minimises fuel consumption and emits a lesser amount of greenhouse gases. Also, it is easily recyclable and resistant to corrosion. This makes it preferable in vehicles for their sustainability and durability,” says Sriram Mohan, Lead Analyst, Chemicals & Materials, Technavio Research.
Aluminum powder, flakes, and paste dominate the industrial applications as they have extensive usage in solar cells, industrial coatings, refractors, thermite welding and welding electrodes, metallurgy applications, and aluminum soldering. However, they are gaining prominence in the automotive sector such as in automotive paints, original equipment manufacturer (OEM) coatings of high duty engine components, and brake lining.
The leading vendors in the global aluminium powders, pastes and flakes market are Ecka Granule, Toyal Group, Alcoa, RUSAL, AMG Alpoco and MEPCO. The aluminum powders, pastes, and flakes market is witnessing a rise consolidation with increased competition in the market. The market is also experiencing an increased influx of private labels. The report anticipates the development of innovative products by the vendors to boost the market growth during the forecast period.
A more detailed analysis is available in the Technavio report, Global Aluminium Powders, Pastes and Flakes Market 2015-2019.
We can customize this reports by other regions and specific segments upon request.
Other related Reports:
- Global Aluminum Wire Rods Market 2015-2019
- Global Aluminum Extrusion Market 2015-2019
- Global Aluminum FRP Market 2015- 2019
- Global Aluminum Casting Market 2015-2019
- Automotive Aluminum Market in the APAC Region 2015-2019
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