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Date Submitted: 09/23/2016 03:58 AM
Technavio Announces the Publication of its Research Report Global Aluminum Powders, Pastes, and Flakes Market 2016-2020
Technavio recognizes the following companies as the key players in the global aluminum powders, pastes, and flakes market: Alcoa, AMG Alpoco UK, ECKA Granules, MEPCO, RUSAL, and Toyal.
Other Prominent Vendors in the market are: Ampal, Bahrain Atomizer, ECKART, Silberline, and Valimet.
Browse full report with TOC@ https://marketreportscenter.com/reports/388352/global-aluminum-powders-pastes-and-flakes-market-2016-2020
Commenting on the report, an analyst from Technavios team said: Presence of aluminum paste in photovoltaic systems and electronics will be a key trend for market growth. Aluminum is a corrosion resistant material and is two times more conductive than copper. In addition, aluminum is also a good insulator and is increasing its market share in the electronics sector. Aluminum powder is expected to increase its share in photovoltaic solar cells. Aluminum is used to produce thick film pastes applied to the back side of the silicon. These pastes are screen printed and metallized to generate an electrical conductor which helps in proper functioning of the photovoltaic solar cell. The application requires superfine aluminum powders and paste with the tightly controlled particle size distribution.
According to the report, demand from automobile industry will be a key driver for market growth. Aluminum is used in various applications in the automobile industry. Aluminum powders, pastes, and flakes are used in automotive paints and in OEM coatings of high-duty engine components and brake linings. By volume, the global motor vehicle production was 92.14 million units in 2015 and will reach 108.95 million units by 2020, growing at a CAGR 3.41%. This predicted growth of the motor vehicle production translates into the demand for aluminum powders, pastes, and flakes for in the automobile industry.
Further, the report states that...