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Global Iron Powde Market Growth Opportunity 2018-2025

The global Iron Powder market is valued at 1730 million USD in 2017 and is expected to reach 2350 million USD by the end of 2025, growing at a CAGR of 3.9% between 2018 and 2025.

 

City of Industry, CA -- (SBWIRE) -- 06/27/2018 -- This report studies the global Iron Powder industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.

Iron powder is powdered iron. It has several uses; for example production of magnetic alloys and certain types of steels.

Iron powder is formed as a whole from several other iron particles. The particle sizes vary anywhere from 20-200 ?m. The iron properties differ depending on the production method and history of a specific iron powder. There are three types of iron powder classifications: reduced iron powder, atomized powder, and electrolyte iron powder. Each type is used in various applications depending on their properties. There is very little difference in the visual appearances of reduced iron powder and atomized iron powder.

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Iron powder has two major types, such as atomized iron powder and reduced iron powder. Due to the good coactivity, high purity and high compressibility of atomized iron powder, it will have a huge market potential. Iron powder is widely used in automobile, machinery, chemical industry, magnetic materials and others. As the demand increases rapidly for downstream industries, the demand for iron powder will correspondingly increase. The increased consumption of iron powder is expected to continue during the remaining years of the next five years. Iron powder industry will usher in a stable growth space.

The major raw material for iron powder is iron ore. On the global market, supply of raw materials is full. The production is mainly concentrate in China and Australia. Fluctuations in the price of the upstream product will impact on the production cost of iron powder industry.

The global Iron Powder market is valued at 1730 million USD in 2017 and is expected to reach 2350 million USD by the end of 2025, growing at a CAGR of 3.9% between 2018 and 2025.

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This research report categorizes the China and global Iron Powder market by type, end-use industry, and region.
International Manufacturers Covered
GKN (Hoeganaes)
Rio Tinto Metal Powders
Kobelco
JFE Steel Corporation
Pometon Powder
Industrial Metal Powders
Sundram Fasteners
Kushal Ferro Alloys

China Local Manufacturers Covered
Laiwu Iron&Steel Group
Jiande Yitong
BaZhou HongSheng
Wuhan Iron&Steel Group
Ma Steel
CNPC Powder Material
Xinxing
Jinsui

By Type
Atomized Iron Powder
Reduced Iron Powder
Other

By Application
Powder Metallurgy
Welding Electrodes
Chemical
Other

By Region
United States
Europe
Japan

About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.