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Jun 05, 2023

Europe Aluminum Powder Market Price Trends, Industry Overview, Share and Forecast 2027

By Published According to IMARC Group’s latest report, titled “ Europe Aluminum Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ”, the Europe aluminium powder

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Published

According to IMARC Group’s latest report, titled “Europe Aluminum Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the Europe aluminium powder market size reached 147,300 Tons in 2021. Looking forward, IMARC Group expects the market to reach 155,200 Tons by 2027.

Europe Aluminum Powder Market Overview:

Aluminum powder is a fine, granular, odorless and highly flammable compound produced from molten aluminum metal. The aluminum metal is presented to a compressed gas jet and converted into fine droplets, which are further solidified and collected. Aluminum powder is commonly available in atomized, flake, paste and pigment powder variants. It is used in the manufacturing of detonators, explosives, slurry and silver metallic pigments. The powder undergoes a vigorous exothermic reaction upon oxidization and reacts with numerous organic and inorganic chemicals. It finds extensive applications across various industries, such as automotive, construction, chemical, defense and aerospace.

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Europe Aluminum Powder Market Trends:

The Europe aluminum powder market is primarily being driven by significant growth in the automotive industry. Aluminum powder is widely used to manufacture premium-quality automobile paints and sealants. Moreover, the increasing utilization of powder metallurgy (P/M) technology for the manufacturing of aluminum powder is providing a thrust to the market growth. It aids in producing powder with enhanced corrosion resistance, strength and toughness at varying temperatures. Other factors, including the rising product demand in the military and aerospace industries to produce rocket propellants, along with the widespread adoption of aluminum powder for the manufacturing of lightweight cellular concrete, are favoring the market growth across the region.

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Segmentation:

Breakup by Technology:

Breakup by End-Use:

Breakup by Raw Material:

Breakup by Country:

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Key highlights of the report:

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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