Project report for Aluminium powder

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Aluminum powder is highly flammable and so one of its most common uses is in pyrotechnic displays.The rising environmental concerns have encouraged several manufacturers to adopt green manufacturing practices to minimize operating costs and reduce energy and utility bills, which is acting as a major trend in the Indian market. 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 Indian automotive industry. As aluminium powder is effective in reflecting light, it is also being increasingly used in the form of pigments. Aluminium powder burns very brightly and is used to create different flash effects in fireworks displays by using different grades of powder. It is also used in a similar capacity as an ingredient in blasting agents used in commercial mining. In the past, when photography was in its infancy, aluminum powder was also used to create camera flashes. Aluminium is a lightweight, ductile, non-magnetic, malleable metallic element with a soft finish. Aluminium powder is powdered aluminium. The resulting powder might then be processed further in a ball mill to flatten it into flakes for use as a coating or pigment. Aluminium powder, if breathed in, is not particularly harmful and will only cause minor irritation. The melting point of Aluminium powder is 660 °C. Aluminium powder is essentially a byproduct from aluminum manufacturing. Aluminium powder is created by gathering up aluminum off-cuts of various other parts or products. It then melts together to form a solid block or cylinder.

Market potential & Strategy

The global aluminium powder market attained a volume of 626,493.5 tons in 2020 driven by the rising demand from the end-use industries. Aided by the rising demand for lightweight materials in aerospace and automotive industries, the market is expected to witness a further growth in the forecast period of 2021-2026 at a CAGR of 1.5%. The industry is projected to reach 685,035.1 tons by 2026. 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. With rapid technological advancements, the industry has been witnessing several innovations to enhance product-efficiency. To meet the rising consumer demand, manufacturers are continuously enhancing their product portfolio. Key players in the industry are increasingly investing in the research and development activities, which is expected to aid the industry growth over the forecast period.

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