According to the latest report by IMARC Group, titled “GCC Aluminium Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the GCC Aluminium Powder Market is expected to exhibit moderate growth during 2021-2026.
Aluminium powder refers to a fine granular substance manufactured by exposing molten aluminium ingots to a compressed gas jet. It is widely available in four varieties, namely atomized, flake, paste, and pigment powder. Aluminium powder is odorless, lightweight, highly flammable, and is capable of undergoing vigorous exothermic reactions when oxidized. It also provides resistance to corrosion, reflection to visible and infrared ultraviolet (UV) rays, higher density than thermoplastics, etc. As a result, aluminium powder finds extensive applications in the manufacturing of explosives, fireworks, paints, glitters, aerated autoclave concrete, etc.
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 behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
GCC Aluminium Powder Market Trends:
The increasing product utilization across diverse industry verticals is primarily driving the GCC aluminium powder market. Moreover, the escalating demand in the petroleum and mining sectors based on the powder’s numerous applications in commercial mining explosions is further augmenting the market growth. Besides this, aluminium powder is used in the formulation of silver metallic paints and automotive sealants across various industries, including automotive, painting, cosmetics, etc., which is catalyzing the regional market. Additionally, the expanding product use in the construction industry for manufacturing lightweight concrete is expected to fuel the GCC aluminium powder market over the forecasted period.
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GCC Aluminium Powder Market 2021-2026 Analysis and Segmentation:
Breakup by Technology:
Air Atomization
Others
Breakup by End-Use:
Industrial
Automotive
Chemical
Construction
Explosives
Defense and Aerospace
Others
Breakup by Raw Material:
Aluminium Ingots
Aluminium Scrap
Breakup by Country:
Saudi Arabia
UAE
Qatar
Oman
Kuwait
Bahrain
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
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