Global High Purity Carbonyl Iron Powder Market Trends, Applications, Analysis, Growth, and Forecast to 2027

MarketResearch.Biz delivers in-depth insights in its upcoming report titled “Global High Purity Carbonyl Iron Powder Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global high purity carbonyl iron powder market is expected to register a CAGR of X.X% in terms of value during forecast period, 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the global high purity carbonyl iron powder market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026. The report provides insightful and detailed information regarding the various key players operating in the global high purity carbonyl iron powder market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global high purity carbonyl iron powder market report has been segmented on the basis of type, application, and region.

Carbonyl iron powder is a dark grey powder manufactured by thermal decomposition of iron pentacarbonyl. Carbonyl iron powder is widely used as iron nutrition fortifier owing to higher iron content than ferrous sulfate, ferrous gluconate and in drugs. Various types of hard, soft, coated, and uncoated carbonyl iron powder are available for use in inductive components, metal powder injection molding, or diamond tools.

The increasing demand for carbonyl iron powder in food and drug industry as an iron replacement product to treat or prevent iron deficiency, and in treatment of iron deficiency anemia is driving growth of the global high purity carbonyl iron powder market globally. Applications of high purity carbonyl iron powder several industries such as fabrication of diamond tools, metal injection molding, powder metallurgy, radar absorption, and metallic inks are some other factors driving the growth of global high purity carbonyl iron powder market. Furthermore, wide range applications of carbonyl iron powder in electronics and in manufacture of magnetic cores for high frequency coil is expected to further drive growth of the global high purity carbonyl iron powder market in near future.

However, some factors such as side effects due to overdose of carbonyl iron powder in food and drug may lead to diarrhea, constipation nausea, vomiting, stomach pain tooth discoloration or dark-colored bowel movements may hamper growth of the global high purity carbonyl iron powder market over the forecast period.

Amongst the various geographical segments, Asia Pacific is dominating the global high purity carbonyl iron powder market in terms of revenue owing to presence of the major players in the region. The market in North America expected to dominate second highest market share for high purity carbonyl iron powder in terms of revenue, owing to rising awareness about components as dietary supplements, and electronics production in this region.

Global High Purity Carbonyl Iron Powder Market Segmentation:

Global high purity carbonyl iron powder market segmentation by type:

• Fe98-99%
• Fe99%

Global high purity carbonyl iron powder market segmentation by application:

• Powder Metallurgy
• Electronics Industry
• Diamond Tools
• Military Industry
• Food and Drug Industry

Global high purity carbonyl iron powder market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa