Aluminium Powder Market Growth Analysis Report - Market Size, Share, Forecast Trends and Outlook (2025-2034)

The global aluminium powder market attained a volume of 664.94 KMT in 2024 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 2025-2034 at a CAGR of 1.50%. The industry is projected to reach 771.69 KMT by 2034.

Heightened Demand for Aluminium Powder Across End Use Industries to Spearhead the Market Growth of Aluminium Powder

The increased demand for aluminium powder across industry verticals is driving the growth of the market. The increased demand for lightweight materials in the production of aircraft and automobiles is leading to the increased adoption of aluminium powder. This can be attributed to the growing focus of the manufacturers on enhancing the fuel efficiency of automobiles and aircraft. In addition, the demand for aluminium powder in metallurgy applications and in the production of explosives and fireworks is anticipated to support the market growth in the forecast period.

Key Trends and Developments

The aluminium powder market is growing due to heightened demand for sustainable and environmentally friendly solutions, technological innovations, increased requirements from the automotive, aerospace, construction and manufacturing industries.

October 2024

Renishaw, a British engineering firm, launched five new materials for its RenAM 500 series metal 3D printers. The materials- copper, H13 tool steel, Hastelloy® X, super-duplex stainless steel, and AlSi7Mg aluminum alloy enhance manufacturing in industries like aerospace and automotive. The company also improved powder layer thickness options for existing materials, boosting efficiency.

July 2024

BLT introduced two new high-strength alloys for Additive Manufacturing: BLT-AlAM500 aluminium alloy and BLT-Ti65 titanium alloy. The aluminium alloy, ideal for aerospace, offers enhanced strength, thermal stability, and precision, reducing manufacturing costs by 40-50%. The Ti65 titanium alloy performs excellently at high temperatures, suitable for aerospace and marine engineering.

June 2023

Jindal Aluminium Ltd (JAL) announced the launch of its eco-friendly powder coating facility in Bhubaneswar. The facility aims to offer a 25 MT per day coating capacity with high accuracy. Using non-chromate pre-treatment and Swiss-made automatic spray systems, it ensures durable, environmentally friendly coatings.

February 2023

Uniformity Labs launched its UniFuse AlSi10Mg Aluminium powder, optimised for Laser Powder Bed Fusion (LPBF) printing at 50um and 90um layer thicknesses. The powder offers enhanced mechanical properties, surface finish, and reliability, with up to 75% faster build rates compared to competitors. Uniformity Labs' technology aims to advance additive manufacturing for industrial-scale production.

Focus on Sustainability and Environmental is Boosting the Demand for the Aluminium Powder Market

The global aluminium powder market is seeing significant growth due to increased sustainability efforts. Manufacturers are focusing on energy-efficient processes, reducing waste, and improving recycling techniques. There is a growing emphasis on using eco-friendly materials in response to regulatory pressures and the demand for low-carbon products. In December 2024, Runaya and ECKART established a joint venture in Orissa, India, to produce spherical atomized aluminium granules for aerospace and solar applications. This initiative uses recycled aluminium and renewable energy to reduce the carbon footprint, pushing for greener manufacturing solutions.

Technological Advancements are Influencing the Aluminium Powder Market Dynamics and Trends

Technological advancements are significantly shaping the aluminium powder market. Innovations in production technologies, including automation and new manufacturing processes, are enhancing efficiency and product quality. Techniques like atomisation and advanced milling enable the production of finer powders with improved performance characteristics. These advancements cater to the increasing demand for high-quality aluminium powders used in industries such as coatings and pyrotechnics. In October 2022, AM 4 AM launched HiPerAl, a high-strength aluminium alloy powder for laser-based additive manufacturing, improving mechanical properties for lightweight applications in aerospace and automotive.

Automotive and Aerospace Industries is Fuelling Aluminium Powder Market Growth

The automotive and aerospace sectors are major drivers of the aluminium powder market, spurred by the demand for lightweight and corrosion-resistant materials. Aluminium powder is crucial for manufacturing components that enhance performance and fuel efficiency. With the growing global push for energy-efficient, eco-friendly vehicles, the demand for sustainable aluminium powder is rapidly increasing. In April 2022, Gränges Powder Metallurgy launched the S220 AM aluminium alloy, offering steel-like properties but lighter weight. This alloy is ideal for aerospace and automotive applications, providing high precision and performance under extreme conditions.

Aluminium Powder Market Revenue Is Impacted by Expansion in Construction and Manufacturing Industries

The aluminium powder market is expanding as it becomes increasingly integral in the construction and manufacturing industries. Its durability, aesthetic appeal, and versatility make it essential in applications like concrete, coatings, and 3D printing. As infrastructure development accelerates worldwide, particularly in emerging economies, the demand for high-performance aluminium powder continues to grow. In January 2021, Equispheres introduced a new range of aluminium powders designed for additive manufacturing. The three new powders- Performance, Precision, and Production enhance part strength, improve dimensional accuracy, and reduce production costs, meeting the growing demand across various sectors.

The Asia-Pacific to Provide Lucrative Opportunities for the Market Growth of Aluminium Powder

The Asia-Pacific region is expected to account for a significant share of the global market for aluminium powder. This can be associated with the increasing government investments in infrastructure development activities across the region. In this regard, the rising population in countries like India and China is bolstering the demand for residential and commercial infrastructure. Aluminium powder is used to impart lustre and finishing to paint and coatings. Meanwhile, the North America region is anticipated to witness a considerable growth in the forecast period, with the increased demand for aluminium powder in the aerospace industry.

Market Segmentation

Aluminium powder is a light, silvery-white to grey, odourless, reactive, and flammable granular or spherical powder made from aluminium metal. Generally, it is manufactured in four forms- atomised aluminium powder, aluminium flake powder, aluminium paste, and aluminium pigment powder. Some of the major industries where it is widely used include metallurgy, chemicals, paints and pigments, and construction, among others. Aluminium powder can undergo a rapid exothermic reaction when it gets oxidised and this has enabled it to find application in rocketry, explosives, thermal spray, powder metallurgy, and others.

By technology, the market is divided into:

• Air Atomization
• Others

On the basis of end use, the market can be segregated into:

• Industrial
• Automotive
• Chemicals
• Construction
• Explosives
• Defence and Aerospace
• Others

The market, based on raw material, can be categorised into:

• Aluminium Ingots
• Aluminium Scrap

Market breakup by region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Rising Demand for Aluminium Powder in the Metal Additive Manufacturing Process to Supplement the Market Growth of Aluminium Powder

The market is being driven by the heightened demand for aluminium powder in additive manufacturing operations. This can be attributed to the increased application of additive manufacturing solutions across industry verticals. This will lead to increased investments by the leading market players in the development of advanced aluminium powder solutions. For instance, in April 2023, Gränges Powder Metallurgy announced the launch of its first low CTE aluminium alloy powder for automotive and aerospace applications. This aluminium powder will be used in Laser Beam Powder Bed Fusion (PBF-LB) Additive Manufacturing. Furthermore, the increased application of aluminium powder in the production of solar cells is also anticipated to prove beneficial for the market growth, with the heightened government focus on the adoption and promotion of sustainable energy generation worldwide.

Key Players in the Global Aluminium Powder Market

The aluminium powder market key players are involved in producing bauxite, alumina, and aluminium, focusing on sustainability and innovation. These companies cover the entire aluminium value chain, supplying products to industries like aerospace, automotive, and construction. They specialise in primary aluminium production and by-products, prioritising energy efficiency. Additionally, they manufacture fine aluminium powders for automotive, construction, and manufacturing sectors, ensuring high-quality standards for applications in pyrotechnics and coatings.

Alcoa Corporation

Headquartered in Pittsburgh, United States, Alcoa Corporation was established in 1888. It is a global leader in bauxite, alumina, and aluminium production, focusing on sustainable practices and innovative solutions. The company operates across the aluminium value chain, providing products for industries such as aerospace, automotive, and construction.

UC Rusal

UC Rusal, based in Moscow, Russia, was founded in 2000. It is one of the world’s largest producers of aluminium and alumina. The company is involved in the production of primary aluminium and its by-products, with a strong focus on sustainability and energy efficiency in its operations.

Aluminium Powder Company Ltd

Established in 1981 and headquartered in the United Kingdom, Aluminium Powder Company Ltd produces a wide range of aluminium powders used in industries such as automotive, construction, and manufacturing. The company specialises in fine aluminium powders, focusing on innovation and high-quality standards for various applications, including pyrotechnics and coatings.

Kymera International

Kymera International, headquartered in Woburn, United States, was founded in 2005. It is a leading global supplier of advanced metal powders, including aluminium and copper, for additive manufacturing, automotive, and aerospace industries. The company is committed to delivering high-performance materials and driving innovation in metal powder technologies.

Another key player in the aluminium powder market report is Toyal America Inc. among others.