According to the latest report by IMARC Group, titled “Japan Aluminium Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the japan aluminium powder market is expected to exhibit steady growth during 2021-2026.
Aluminium powder is a fine and odorless reactive powder. It is manufactured by stamping and ball-milling aluminium in the presence of fatty lubricants, including edible vegetable oil, stearic acid, food-grade fatty acids, etc. Aluminium powder is commercially available in several variants, such as atomized, flake powder, paste, pigment powder, etc. It is lightweight and highly combustible in nature. Aluminium powder finds extensive applications in the formulation of chemicals, explosives, paints, reflective roof coatings, printing inks, autoclaved aerated concrete, etc.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The increasing product adoption across numerous end-use industries, coupled with the accelerating pace of economic and industrial expansion, is primarily driving the Japan aluminium powder market. Moreover, the escalating demand in the electronics industry, including in the production of solar cells, is also propelling the market growth. Besides this, aluminium powder’s growing utilization in the defense and aerospace sectors is further augmenting the market across the region. Additionally, the rising levels of environmental awareness, along with the need to minimize energy and operating costs, are compelling leading players to adopt green manufacturing techniques. In the coming years, this is anticipated to propel the Japan aluminium powder market.
Breakup by Technology:
- Air Atomization
Breakup by End-Use:
- Defense and Aerospace
Breakup by Raw Material:
- Aluminium Ingots
- Aluminium Scrap
Breakup by Country:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
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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.
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