Aluminum Powder Market Foraying into Emerging Economies 2019 to 2027 – Unveils Fact.MR
Verfasser: ashwani_kailiya on Friday, 18 October 2019According to a recently published Fact. MR report, global sales of aluminum powder in 2018 exceeded 110 Thousand tons and is expected to grow at moderate rate in the forecast period. According to the study, North America will maintain its supremacy in the market for aluminum powder, owing to the widespread demand from the region's automotive and aerospace sectors. The rising demand of lightweight materials in the automotive and aerospace sectors is projected to escalate the growth of the aluminum powder market over the coming years
The technological advances complementing the use of aluminum powder in a wide range of products such as printing inks, paints and pigments, rocket fuels, and many others, create possibilities for the aluminum powder industry to continue to grow at an unprecedented rate. In addition, aluminum powder is a highly preferred coating solution in automotive and other industries, which can be attributed to its convenience. One of the critical factors that increase the preference for aluminum powder in the market is its high flammability which increases its demand in explosives.
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