The Indian aluminium powder market size reached 43,977.2 Tons in 2023. Looking forward, IMARC Group expects the market to reach 71,142.5 Tons by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023 | 43,977.2 Tons |
Market Forecast in 2032 | 71,142.5 Tons |
Market Growth Rate (2024-2032) | 5.3% |
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the Indian aluminium powder market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on end-use, technology, raw material and furnace type.
Breakup by Raw Material:
On the basis of raw material, aluminum ingots represent the major type of raw material used to manufacture aluminium powder.
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 Furnace Type:
On the basis of furnace type, oil-fired furnace represented the major type.
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.
The competitive landscape of the market has also been examined with some of the key players being MEPCO, MMPIL, Arasan, Sri Kaliswari, SunArk, etc.
This report provides a deep insight into the Indian aluminium powder covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up an aluminium powder manufacturing plant. The study analyses the processing and processing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the aluminium powder in any manner.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | '000 US$, Tons |
Segment Coverage | End-Use, Technology, Raw Material, Furnace Type, Region |
Region Covered | North India, South India, East India, West India |
Companies Covered | MEPCO, MMPIL, Arasan, Sri Kaliswari and SunArk |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The Indian aluminium powder market reached a volume of 43,977.2 Tons in 2023.
We expect the Indian aluminium powder market to exhibit a CAGR of 5.3% during 2024-2032.
The extensive utilization of aluminium powder in manufacturing coating paints, owing to its high durability and corrosion resistance properties, is currently driving the Indian aluminium powder market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation resulting in temporary closure of numerous end use industries for aluminium powder.
Based on the end use, the Indian aluminium powder market has been divided into pyrotechnics, paints, cosmetics, pesticides, and chemicals. Among these, the pyrotechnics industry exhibits a clear dominance in the market.
Based on the technology, the Indian aluminium powder market can be categorized into air- atomization and gas atomization, where air-atomization holds the majority of the total market share.
Based on the raw material, the Indian aluminium powder market has been segmented into
aluminum ingots and aluminum scrap. Currently, aluminum ingots represent the largest market
share.
Based on the furnace type, the Indian aluminium powder market can be bifurcated into oil-fired furnace, gas-fired furnace, and electric furnace. Among these, oil-fired furnace currently accounts for the majority of the total market share.
On a regional level, the market has been classified into North India, South India, East India, and West India, where South India currently dominates the market.
Some of the major players in the Indian aluminium powder market include MEPCO, MMPIL, Arasan, Sri Kaliswari, SunArk, etc.