Indian Aluminium Powder Market Report by End-Use (Pyrotechnics Industry), Technology (Air-Atomization), Raw Material (Aluminum Ingots, Aluminum Scrap), Furnace Type (Oil-Fired Furnace, Gas-Fired Furnace, Electric Furnace), and Region 2024-2032
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.
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:
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 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:
Aluminum Ingots
Aluminum Scrap
On the basis of raw material, aluminum ingots represent the major type of raw material used to manufacture aluminium powder.
Breakup by Furnace Type:
Oil-Fired Furnace
Gas-Fired Furnace
Electric Furnace
On the basis of furnace type, oil-fired furnace represented the major type.
Breakup by Region:
North India
South India
East India
West India
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.
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.
Key Questions Answered in This Report
1. What was the size of the Indian aluminium powder market in 2023?
2. What is the expected growth rate of the Indian aluminium powder market during 2024-2032?
3. What are the key factors driving the Indian aluminium powder market?
4. What has been the impact of COVID-19 on the Indian aluminium powder market?
5. What is the breakup of the Indian aluminium powder market based on the end use?
6. What is the breakup of the Indian aluminium powder market based on the technology?
7. What is the breakup of the Indian aluminium powder market based on the raw material?
8. What is the breakup of the Indian aluminium powder market based on the furnace type?
9. What are the key regions in the Indian aluminium powder market?
10. Who are the key players/companies in the Indian aluminium powder market?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting 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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