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Carbonyl Iron Powder Market

Carbonyl Iron Powder Market Size and Segmentation By Type (Reduced Iron Powder, Atomized Iron Powder, Electrolytic Iron Powder) By End-User (Automotive, Chemical, General Industrial, Food, Others), by Region Global Market Forecast 2023-2030

Report Id: SNS/C&M/2609 | July 2022 | Region: Global | 129 Pages

Report Scope & Overview:

Carbonyl Iron Powder Market Size was valued at USD 201.3 billion in 2022, and is expected to reach USD 275.12 billion by 2030, and grow at a CAGR of  4% over the forecast period 2023-2030.

A sort of metal powder recognized for high purity levels, better activity, and is particle size in structure is known as carbonyl iron powder. Two processes, low pressure breakdown and heat decomposition of metal carbonyl compounds, can be used to create these types of powders. Increased demand for carbonyl iron powder across a range of application bases is anticipated to drive market expansion.

Carbonyl Iron Powder Market Revenue Graph

Market Dynamics:

Drivers:

  • There is a constant need for producing work.

  • The rising health consciousness.

  • The increase in world population.

Restraints:

  • The cost-effectiveness of the raw materials varies greatly.

  • Accessories produced in factories.

  • Their factories don't have enough workers.

Opportunity:

  • Following the release of lockdown, many opportunities opened up for the most important players on the market.

Challenge:

  • After Lockdown the majority of foreign commercial trucks do not get there on schedule.

  • Absence of manufacturing equipment and other necessary raw resources.

Impact of Covid-19:

The possibility of a global health emergency has been universally felt as a result of the epidemic. The market for carbonyl iron powder as well as many other industrial and manufacturing sectors have suffered as a result of this pandemic. Due to the global epidemic, demand has drastically decreased on the world market. During the global epidemic, investors and the market's major stockholders have suffered a great loss. Such factors have a significant impact on the market for carbonyl iron powder as well. However, the majority of the international crossings have been sealed as a result of a stringent lockdown protocol that numerous regional administrations have enacted. This indicates that all commercial and business operations have been suspended for an extended period of time.

The global pandemic has a significant impact on the global market share for carbonyl iron powder and affects several global market sectors. The majority of manufacturing sectors experience a significant loss in production activities as a result of the closure of international borders. The majority of factory manufacturers were forced to halt production due to a scarcity of raw materials, which has had a substantial negative influence on the worldwide carbonyl iron powder market sectors.

Key Players:

BASF SE, Hoganas AB, INDUSTRIAL METAL POWDERS (INDIA) PVT.LTD., KOBE STEEL LTD., Rio Tinto Metal Powders, JFE Steel Corporation

The carbonyl iron powder market has been divided into three segments, based on type, end-user, and region, according to the worldwide carbonyl iron powder market analysis report. The global market has been divided into three sorts for the type section: reduced iron powder, atomized iron powder, and electrolytic iron powder. It is further classified into five sections based on the end-user section: automobile, chemical, general industrial, food, and others. The entire world market has been divided into five categories based on regions: North America, South America, Asia-Pacific, Middle East & Africa and Europe.

Market Segment:

By Type:

  • Reduced Iron Powder

  • Atomized Iron Powder

  • Electrolytic Iron Powder

By End-User:

  • Automotive

  • Chemical

  • General Industrial

  • Food

  • Others

Carbonyl Iron Powder Market Segment Pie Chart

Regional Analysis:

The majority of the carbonyl iron powder market value uses are for various automobile parts, and are clean by particle metallurgy alone. Iron powder has been used in several industrial sectors, as shown in a number of locations. China, India, and Japan are some of the countries in the Asia-Pacific area where the demand for iron powder has been steadily increasing. Due to the increased production rate in general industries, which has surpassed that of the vehicle industry, even the commercialization of iron powders began in the United States and European nations. India is the second-largest producer of iron powder worldwide, after China and Japan. Due to the demand from the food industry and the extensive usage of iron powder sintered parts throughout the production processes of the vehicle industry, North America closely follows the entire Asia-Pacific area.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Carbonyl Iron Powder Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 201.3 Billion
Market Size by 2030 US$ 275.12 Billion
CAGR CAGR of 4% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Reduced Iron Powder, Atomized Iron Powder, Electrolytic Iron Powder)
• By End-User (Automotive, Chemical, General Industrial, Food, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles BASF SE, Hoganas AB, INDUSTRIAL METAL POWDERS (INDIA) PVT.LTD., KOBE STEEL LTD., Rio Tinto Metal Powders, JFE Steel Corporation.
Key Drivers • There is a constant need for producing work.
• The rising health consciousness
RESTRAINTS • The cost-effectiveness of the raw materials varies greatly.
• Accessories produced in factories.


Frequently Asked Questions (FAQ) :

Ans: Primary or secondary type of research done by this reports.

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: There is a constant need for producing work, The rising health consciousness and The increase in world population are the drivers for Carbonyl Iron Powder Market.

Ans: Following the release of lockdown, many opportunities opened up for the most important players on the market are the opportunity for Carbonyl Iron Powder Market.

Ans: Carbonyl Iron Powder Market Size was valued at USD 193.3 billion in 2021, and expected to reach USD 233.03 billion by 2028, and grow at a CAGR of  % over the forecast period 2022-2028.

 


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8.Carbonyl Iron Powder Market Segment, By Type

8.1 Reduced Iron Powder

8.2 Atomized Iron Powder

8.3 Electrolytic Iron Powder

 

9.Carbonyl Iron Powder Market Segment, By End-User

9.1 Automotive

9.2 Chemical

9.3 General Industrial

9.4 Food

9.5 Others

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

11. Company Profile

11.1 BASF SE

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 Hoganas AB

11.3 INDUSTRIAL METAL POWDERS (INDIA) PVT.LTD.

11.4 KOBE STEEL LTD.

11.5 Rio Tinto Metal Powders

11.6 JFE Steel Corporation

12. Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

 

13. Conclusion

 

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research as the name suggests is a research process wherein, we collect data through readily available information. In this process, we use various paid and unpaid databases to which our team has access and gather data through the same. This includes examining listed companies’ annual reports, Journals, SEC filling, etc. Apart from this, our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various universities as well as individual libraries.

Secondary Research

Step 2: Primary Research

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