ALUMINUM POWDER MARKET ANALYSIS

Aluminum Powder Market, By Type (Spherical Aluminum Powder, Non-spherical Aluminum Powder, Flake Aluminum Powder, and Atomized Aluminum Powder), By Application (Cosmetic colourant, Refractory Materials, and Others), By End-Use Industry (Automotive, Aerospace & defense, Building & construction, Electronics & semiconductors, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jul 2024
Code : CMI5110
Pages :155
Formats :
Excel and PDF
Industry : Advanced Materials

Market Concentration and Competitive Landscape

Aluminum Powder Market Concentration By Players

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Transition to renewable energy technologies

A crucial driver for the aluminum powder market is the ongoing push towards renewable energy generation and storage globally. Aluminum and its alloys play an indispensable role in various renewable power technologies such as solar PV panels, wind turbines, and batteries. Aluminum powder is an important precursor material in producing aluminum sheets, foils, and components that enable solar photovoltaic and thermal systems. They provide high strength to weight ratio, resistance to corrosion, and recyclability. Similarly, wind turbine blades, nacelles, and transmission line conductors rely heavily on aluminum for structural needs as well as the transmission of electric currents efficiently. Emerging renewable storage mediums like lithium-ion batteries also employ processed aluminum foils as a current collector material between the anode and cathode.

Key Players Insights