Research Interest in Grain Refinement of Aluminum Master Alloys on the Rise in Automotive and Aerospace Industries

Published On : 26 Sep 2016 announces the addition of a new study to its vast repository of market intelligence reports, which studies in detail the scope, dynamics, and future of the global market for grain refinement of aluminum master alloys. The 106-page publication, titled “Global Grain Refinement Aluminum Master Alloy Market Research Report 2021”, takes into account the historical performance of the global market, its current status, and the trajectory it is likely to be on in the coming years. 

Grain refinement is a process used to strengthen the grain boundary of a casting material. In casting applications, grain size is crucial in maintaining product quality as well as consistency, maintaining high levels of productivity, and in reducing costs. Aluminum master alloys are used in various disciplines, especially in aerospace and automotive industries, owing to their properties of good castability and low density, and as a result, the grain refinement process has been receiving much research interest. The key methods of grain refinement include chemical, thermal, and mechanical. 

Grain refinement of aluminum master alloys offer a wide range of technical as well as economic advantages, such as reduced ingot cracking, improved feeding, better homogeneity, reduced porosity, and improved mechanical properties. These benefits have significantly driven the adoption of grain refinement in aluminum master alloys. The market is also fueled by several potential applications and the rising scope in emerging countries. 

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The report studies the global market for grain refinement of aluminum master alloys in detail by segmenting it on the basis of key parameters such as product, application, and region. Based on product type, the market comprises type I, type II, and type III. On the basis of application, the grain refinement market for aluminum master alloys is segmented into energy, packaging, building and construction, and transportation. By region, the global market is divided into China, North America, Japan, Europe, India, and Southeast Asia. 

Taking into consideration the revenue, consumption, production, price, growth rate, and market share of each segment, the report offers an accurate and objective assessment of each segment. The current trends influencing the segments, the factors driving growth, and key challenges that lie ahead have also been highlighted in the report. 

The evaluation of the competitive landscape of the global market for grain refinement of aluminum master alloys makes for an interesting read. The leading domestic and global players have been identified and studied with respect to their strengths, weaknesses, opportunities, and threats. Details pertaining to basic company information, competitors, manufacturing bases, product portfolio, and technology usage have been provided in the report and recent developments in the form of new product launches, expansions, and acquisitions have been discussed at length. 

Axayya Alloys Pvt. Ltd., Minex Metallurgical, SLM, Ceraflux India, Belmont Metals, Acme Foundry Flux Company, Translloy India, and IMAC Alloy Casting are some of the most prominent companies operating in the worldwide market for grain refinement of aluminum master alloys.


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