Global Iron Powder Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global iron powder market in its upcoming report titled, “Global Iron Powder Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global iron powder market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global iron powder 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 powder market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global iron powder market report has been segmented on the basis of product type, purity, end user, and region.
Iron powder is powdered iron metal. Iron powder is used in manufacturing of sintered components, soft magnetic components, brazing, iron fortification, friction products, printing, surface coating, welding, brazing, chemistry, and polymer filtrations. Pure iron metal is very reactive chemically, and rapidly corrodes, especially in moist air or at elevated temperatures.
Rising demand for iron powder in food industry to be used in iron nutritional supplements and in treatment of nutritional deficiencies are key factors driving growth of the global iron powder market. In addition, increasing adoption of iron powder in automotive industry for manufacture of parts with complicated geometry is a major factor expected to fuel growth of the global iron powder market over the forecast period.
However, increasing incidence of chronic diseases due to high consumption of iron rich products among general population is a key factor restraining growth of the global iron powder market. Additionally, natural oxidation of iron powder is expected to hamper growth of the global iron powder market over the forecast period.
The market in North America accounted for highest revenue share in the global iron powder market, owing to rising demand for iron powder from prominent market players in the automotive industry. The market in Europe is expected to witness moderate growth owing to high healthcare expenditure by governments of countries, and high disposable income in countries in the region. The market in Asia Pacific is projected to have fastest growth in terms of revenue, owing to increasing adoption of iron powder from various end use industries, and increasing incidence of malnutrition cases in emerging economies in the region.
Global Iron Powder Market Segmentation:
The global iron powder market segmented, by product type:
- Reduced iron powder
- Atomized iron powder
- Electrolytic iron powder
The global iron powder market segmented, by purity:
The global iron powder market segmented, by end use industries:
The global iron powder market segmented, 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
- Rio Tinto Metal Powders
- Laiwu Iron & Steel Group
- KOBELCO CONSTRUCTION EQUIPMENT INDIA PVT. LTD.
- Jiande Yitong Metal Powder Co., Ltd.
- JFE Steel Corporation.
- Pometon Powder
- BaZhou HongSheng
- Wuhan Iron & Steel Group Corp.
- Anshan Iron & Steel Group Corp.
- Masteel UK Limited
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