Global High Purity Aluminum Powder Market, 2014-2024: By Application (Fuel, Battery, Coating, Explosive, Semiconductor, and Others)
発行: Market Krystal
High purity aluminium powder is a fine granular powder made from aluminium. Aluminum powder, uncoated appears as a light gray solid and it is denser than water. The most important property of aluminium powder to undergo a vigorous exothermic reaction when it gets oxidized finds application in pyrotechnic process.
High purity aluminium powder can be classified based on purity into 99% (2N), 99.9% (3N), 99.99% (4N), 99.999% (5N), 99.9999% (6N), and others. It has wide area of end use industry application included fuel, battery, coating, explosive, semiconductor, and others. The high purity aluminium powder is widely employed in several applications such as manufacture of slurry, explosive and detonators, specialized welding applications, pyrotechnic to manufacture crackers, sparkles, manufacturing of aluminium paste, paints and several powder components used in automobiles. High Purity Aluminum Powder is designed for use in preparation of pressed and bonded sputtering targets and in Chemical Vapor Deposition (CVD) and Physical Vapor Deposition (PVD) processes including thermal and electron beam (E-Beam) evaporation, low temperature organic evaporation, Atomic Layer Deposition (ALD), Metallic-Organic and Chemical Vapor Deposition (MOCVD). Powders are also useful in any application where high surface areas are desired such as water treatment and in fuel cell and solar applications. Certain products design to carry electrical current, such as solar cells are often made using high purity aluminum powder. It can also found application in rocket fuel.
The global high purity aluminium powder research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global high purity aluminium powder market is growing at a fast pace and increasing its geographical footprint rapidly. The global high purity aluminium powder market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in APAC region due to rising demand from end use industry. The major growth driver for high purity aluminium powder market is the rise in the use of lithium-ion batteries in electric vehicles. Also, demand of detonators, crackers and sparkles fueling the growth in high purity aluminium powder market globally. Due to rising construction with growing urbanization leads to increase the consumption of paints is expected to drive the high purity aluminium powder market globally. The rising application in semiconductor electronics industry and industrial process is expected to drive the high purity aluminium powder market globally. Increasing demand from defense industry as a rocket fuel fueling the growth of high purity aluminium powder market globally.
The raw material prices volatility and hazardous for human health is the major impediments to the global high purity aluminium powder market growth.
High purity aluminium powder enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and South America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of high purity aluminium powder market globally. The companies that lead global market are, American Elements, Baohang Advanced Materials, Belmont, ESPI, Kojundo Chemical Laboratory, Merck Group (Sigma-Aldrich), Metrochem, Micron Metals,
Nippon Light Metal (Toyo Aluminium), Noah, NovaCentrix, Oerlikon, and Tongrun Nano.
The research process includes the market segmentation of the global high purity aluminium powder market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global high purity aluminium powder market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below: