May 05, 2022 07:58 ET | Source: Research and Markets Research and Markets
Dublin, May 05, 2022 (GLOBE NEWSWIRE) -- The "Indian Aluminium Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The Indian aluminium powder market reached a volume of 39,029 Tons in 2021. Looking forward, the market is projected to reach 56,124 Tons by 2027, exhibiting a CAGR of 6.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor. Aluminium is a lightweight, ductile, non-magnetic, malleable metallic element with a soft finish. Over the years, aluminium has been available in different forms which include aluminium sulphate, alum, aluminium powder, etc. Amongst these, aluminium powder is prepared by exposing molten aluminium metal to a compressed gas jet. After this, the combination is converted into fine droplets which are later solidified and collected.
The gathered powder is subsequently graded according to the size of the particles. This powder is combustible in nature, light in weight, odourless, highly flammable and silvery-white to grey in colour. The aluminium powder market in India has been witnessing a positive growth in recent years led by increasing usage of aluminium powder in technological industries as well as its easy availability and affordability.
In India, aluminium powder is being used for various purposes across numerous industries which include metallurgy, chemicals, paints & pigments, explosives, construction and others. This is one of the major factors which has been supporting the growth of the aluminium powder in India. Additionally, there has been an increase in the use of aluminium powder for the production of coating paints which has further propelled its demand across the automotive industry.
Apart from this, aluminium powder is corrosion-resistant and can be easily recycled owing to which it becomes a highly durable product with a longer lifespan as compared to other metals. As aluminium powder is effective in reflecting light, it is also being increasingly used in the form of pigments. These are some of the other factors which have been positively influencing the growth of the Indian aluminium powder market. Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the Indian aluminium powder market, along with forecasts at the country and regional level from 2022-2027. The report has categorized the market based on End-use, technology, raw material and furnace type. Breakup by End-use:
On the basis of End-use, the pyrotechnics industry represents the biggest End-use segment. Breakup by Technology:
On the basis of technology, air-atomization represents the leading technology to produce aluminium powder. Breakup by Raw Material:
On the basis of raw material, aluminum ingots represent the major type of raw material used to manufacture aluminium powder. Aluminum ingots were followed by aluminum scrap. Breakup by Furnace Type:
On the basis of furnace type, oil-fired furnace represented the major type, followed by gas-fired furnace and electric furnace. Breakup by Region:
Based on region, the market has been segmented into North India, South India, West India and East India. Currently, South India dominates the market, holding the majority of the market share. Competitive Landscape
The competitive landscape of the market has also been examined with some of the key players being MEPCO, MMPIL, Arasan, Sri Kaliswari, SunArk, etc. Key Questions Answered in This Report
Key Topics Covered: 1 Preface 2 Scope and Methodology
3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 India Aluminium Powder Market 5.1 Market Overview 5.2 Market Performance 5.2.1 Volume Trends 5.2.2 Value Trends 5.3 Impact of COVID-19 5.4 Price Trends 5.4.1 Key Price Indicators 5.4.2 Current and Historical Price Trends 5.4.3 Price Forecast 5.5 Market Forecast 5.6 Import and Export Data 5.6.1 Imports by Major Countries 5.6.2 Exports by Major Countries 5.7 SWOT Analysis 5.7.1 Overview 5.7.2 Strengths 5.7.3 Weaknesses 5.7.4 Opportunities 5.7.5 Threats 5.8 Value Chain Analysis 5.9 Porter's Five Forces Analysis 5.9.1 Overview 5.9.2 Bargaining Power of Buyers 5.9.3 Bargaining Power of Suppliers 5.9.4 Degree of Rivalry 5.9.5 Threat of New Entrants 5.9.6 Threat of Substitutes 6 Market Performance by Region 6.1 North India 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 South India 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 East India 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 West India 6.4.1 Market Trends 6.4.2 Market Forecast 7 Market Performance by End-Use 8 Market Performance by Technology 9 Market Performance by Raw Material 9.1 Aluminum Ingots 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Aluminum Scrap 9.2.1 Market Trends 9.2.2 Market Forecast 10 Market Performance by Furnace Type 10.1 Oil-Fired Furnace 10.1.1 Market Trends 10.1.2 Market Forecast 10.2 Gas-Fired Furnace 10.2.1 Market Trends 10.2.2 Market Forecast 10.3 Electric Furnace 10.3.1 Market Trends 10.3.2 Market Forecast 11 Competitive Landscape 11.1 Market Structure 11.2 Market Breakup by Key Players 12 India: Aluminium Powder Industry Analysis 12.1 Latest Technologies for Aluminium Powder Manufacturing 12.1.1 Atomization Process 12.1.2 Gas Atomisation 12.1.3 Air Atomisation 12.1.4 Water Atomisation 12.1.5 Plasma Atomisation 12.1.6 Melt Spinning Process 12.2 Latest Technologies for Metal Processing (Melting Furnaces) 12.2.1 Oil Fired Furnace 12.2.2 Gas Fired Furnace 12.2.3 Electric Arc Furnace 12.2.4 Induction Furnace 12.2.4.1 Coreless Induction Furnace 12.2.4.2 Channel Induction Furnace 12.2.5 Cost Comparison of Furnaces 12.3 Testing and Laboratory Equipments Required 12.4 Latest Technology for Aluminum Paste and Aluminum Flake Powder Manufacturing 12.5 Key Market Opportunities in the Aluminium Powder Industry 12.6 Supply Requirements for Defence Ministry 12.7 Regulatory Safety Compliances for an Aluminium Powder Manufacturing Plant 12.7.1 Characterization of Hazard Potential 12.7.2 Storage of Aluminium Powder 12.7.3 Handling of Aluminium Powder 12.7.4 Protective Environment 12.7.4.1 Personal Protective Environment 12.7.4.2 Protective Equipment for Buildings 12.7.5 Effects of Introducing an Inerting System 12.7.6 Measures to be Taken in Case of Spillage and Fire-Fighting 12.7.6.1 During Spillage 12.7.6.2 During Fire-Fighting 12.7.7 First-Aid Measures to be Adopted 12.8 BIS Standards and Product Specifications for Aluminium Powder 12.9 Vendors and Turnkey Project Companies 12.10 Independent Consultants in India 12.11 Raw Material Supplier Details 12.12 Key Success and Risk Factors in the Aluminium Powder Industry 13 Aluminium Powder Manufacturing Process 13.1 Product Overview 13.2 Detailed Process Flow (Atomized Aluminium Powder) 13.3 Various Types of Unit Operations Involved (Atomized Aluminium Powder) 13.4 Detailed Process Flow (Aluminum Flake Powder) 13.5 Various Types of Unit Operations Involved (Aluminum Flake Powder) 13.6 Mass Balance and Raw Material Requirements 13.6.1 Aluminium Powder (Atomized): Aluminum Ingots as a Raw Material 13.6.2 Aluminium Powder (Flake Type): Aluminum Scrap as a Raw Material 13.6.3 Aluminum Paste: Aluminum Ingots as a Raw Material 14 Project Details, Requirements and Costs Involved 14.1 Land Requirements and Expenditures 14.2 Construction Requirements and Expenditures 14.3 Plant Layout 14.4 Plant Machinery 14.5 Machinery Pictures 14.6 Raw Materials Requirements and Expenditures 14.7 Raw Material and Final Product Pictures 14.8 Packaging Requirements and Expenditures 14.9 Utilities Requirements and Expenditures 14.10 Manpower Requirements and Expenditures 14.11 Other Capital Investments 15 Loans and Financial Assistance 16 Project Economics 16.1 Capital Cost of the Project 16.2 Techno-Economic Parameters 16.3 Product Pricing and Margins Across Various Levels of the Supply Chain 16.4 Taxation and Depreciation 16.5 Income Projections 16.6 Expenditure Projections 16.7 Financial Analysis 16.8 Profit Analysis 17 Key Player Profiles 17.1 MEPCO 17.1.1 Company Overview 17.1.2 Company Description 17.2 MMPIL 17.2.1 Company Overview 17.2.2 Company Description 17.3 Arasan 17.3.1 Company Overview 17.3.2 Company Description 17.4 Sri Kaliswari 17.4.1 Company Overview 17.4.2 Company Description 17.5 SunArk 17.5.1 Company Overview 17.5.2 Company Description
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