A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Aluminum
Powders Pastes and Flakes
Market. The
study, titled “Aluminum
Powders Pastes and Flakes Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Aluminum
is a lightweight white-colored metal and large number of components
such as aluminum powder, flakes, and paste are produced from this
metal. The aluminum powders, pastes, and flakes market is projected
to expand during the forecast period.
Major
drivers of this market are growing rate of population coupled with
urbanization. Rising urbanization leads to infrastructural
development. Infrastructural development refers to the increase of
residential and non-residential buildings. The real estate industry
is booming at a rapid pace in the last few years. Consequently, it
increases the demand for aluminum powders, pastes, and flakes.
View
Report Preview:
The
construction industry employs this product extensively and that
drives the significant expansion of the market. . Aluminum powders,
pastes, and flakes are lightweight, and this offers greater
durability as compared to other substances. These advantages of
aluminum powders, pastes, and flakes increase their utilization in
the construction industry and is estimated to fuel its expansion
during the forecast period.
A
major disadvantage of uncoated aluminum flake is that there is high
risk of explosion during coating. Moreover, this kind of aluminum
coating causes poor recycling of powder coating, as there is wide
difference between aluminum and powder coating. These disadvantages
restraints the expansion prospect of the aluminum powders, pastes,
and flakes market during the forecast period.
In
terms of product form, the aluminum powders, pastes, and flakes
market can be segmented into three types such as aluminum paste,
aluminum flake and flake pigment, and aluminum powder. Aluminum paste
held significant share in this market. It is substantially employed
in the paints and coating industry. This product has been
increasingly utilized in industrial coating, marine paints, corrosion
resistant paints, and printing inks. Increasing share of industries
in developed and emerging economies such as India and China increases
its application in these economies. The aluminum flake and flake
pigments market is anticipated to expand at a significantly high CAGR
(compound annual growth rate) during the forecast period. Aluminum
flake and flake pigment has been increasingly utilized in the
construction industry as aerated concrete., Demand for aluminum flake
and flake pigments is expected to rise in the near future due to the
expansion of the construction industry.
In
terms of end-users industry, the market for aluminum powders, pastes,
and flakes can be segmented into industrial application, chemical
application, automotive application, defense and aerospace
application, construction application, and explosive and blasting
application. Industrial application dominates the market. Aluminum
powders, pastes, and flakes are extensively employed for different
industrial purposes such as refractors, industrial coatings, solar
cells, thermit welding, aluminum soldering, and metallurgy. Rising
importance and utilization of renewable energy sources increases the
use of aluminum powders, pastes, and flakes in the solar cell
industry thus, driving the expansion prospect of this market in the
near future. Rising share of industries in developed and emerging
economies increases the need for industrial welding. Aluminum powder
is substantially utilized for industrial welding. Therefore with the
rising demand for industrial coatings and welding, the aluminum
powders, pastes, and flakes market is anticipated to expand at a
considerable growth rate during the forecast period.
In
terms of geography, the market for aluminum powders, pastes, and
flakes can be segmented into North America, Europe, Asia Pacific,
Middle East and Africa (MEA), and Latin America. Asia Pacific held
prominent share of the market. China is the major producer of
aluminum. Moreover, the region consists of emerging economies such as
India, China, and South Korea that have witnessed increasing
industrialization, infrastructural development, and urbanization.
Therefore, Asia Pacific is projected to be a significant user of
aluminum powders, pastes, and flakes in the near future. These
factors are anticipated to drive the expansion of the aluminum
powders, pastes, and flakes market during the forecast period.
Request
to view Sample Report:
Key
market players include Toyal, Alcoa, RUSAL, and AMG Alpoco UK.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
No comments:
Post a Comment