The Global Iron Oxide Market report overview:
“The global Iron Oxide Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The Global Iron Oxide Market report offers in-depth insights, revenue details, and other vital information regarding the global iron oxide market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027.
The report offers insightful and detailed information regarding the various key players operating in the global iron oxide market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global iron oxide market report has been segmented on the basis of product type, application, and region.
Iron oxide is a chemical compound composed of iron and oxygen. Iron oxide is also known as ferric oxide. Iron oxide can be obtained from two method natural and synthetic method. Iron oxide is majorly used in various geological and biological processes. Moreover, it is used as pigments in various end products such as paints, coatings and colored concretes.
Increasing adoption of iron oxide from plastic industry, steel industry, cosmetic industry, and biomedical sector is a major factor driving growth of the global iron oxide market. In addition, use of iron oxide pigments in leather, architectural products, aquarium, and ceramic tiles is expected to drive growth of the global iron oxide market over the forecast period.
Stringent government regulations related to use of iron oxide in different regions is expected to challenge growth of the global iron oxide market.
Recent trend observed in iron oxide market is use of iron oxide nanoparticles for magnetic resonance imaging (MRI) scanning is expected to support growth of the global iron oxide market over the forecast period.
North America market accounts for largest market share in terms of revenue as compared to that of markets in other regions. This is attributed to well-developed application segment such as paint & coating industry, chemical industry, and ceramic industry.
Europe market accounts for the second largest revenue share contribution to the global iron oxide market followed by markets in Asia Pacific, Latin America and Middle East & Africa respectively. The market in Asia Pacific is projected to have the fastest growth in terms of revenue, owing to increase in adoption iron oxide from medical, chemicals and paint & coating industries in emerging economies in this region.
Global Iron Oxide Market Segmentation:
Global iron oxide market segmentation, by product type:
- Red Iron oxide
- Black Iron Oxide
- Yellow Iron Oxide
Global iron oxide market segmentation, by application:
- Paints & Coatings
- Paper and Pulp Manufacturing
Global iron oxide market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Huntsman International Inc.
- Cathay Industries
- Alabama Pigments Company LLC
- Shenghua Group Deqing Huayuan Pigment Co LTD.
- TODA KOGYO CORPORATION
- Jiangsu Yuxing Industry and Trade Co., Ltd.
- Hunan Three-ring Pigments Co., Ltd.
- Yaroslavsky Pigment company
- Tata Pigments Ltd.
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