Aluminium Alloy Powders
Market
Aluminium Alloy Powders Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Aluminium Alloy Powders Market Size and Growth
The aluminium alloy powders market is experiencing significant growth, driven by demand from aerospace, automotive, and additive manufacturing sectors. As of 2023, the market size is estimated at approximately USD 1.2 billion, with a projected CAGR of 5.2% over the next five years, reflecting expanding applications and technological advancements.
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Companies Covered
(Covid 19 Impact Covered)
◍ Toyo Aluminium K.K.
◍ Tekna
◍ Metal Powder Company
◍ Luxfer Magtech
◍ GE Additive
◍ AMC Powders
◍ Becken Technology Develop
The Aluminium Alloy Powders Market features players like Toyo Aluminium K.K., Tekna, and GE Additive. These companies innovate in powder production for additive manufacturing and advanced applications, driving market growth. Their R&D initiatives enhance product quality, catering to aerospace and automotive sectors, and contribute to substantial sales revenue growth. Actual revenue figures are proprietary and not disclosed.
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Market Segmentation
By Application
◍ Automobile Components
◍ Compressor Components
◍ Others
By Product
◍ Fine Aluminium Alloy Powders
◍ Medium Aluminium Alloy Powders
◍ Coarse Aluminium Alloy Powders
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Market Growth
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$ X Billion USD
