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.
There is a constant need for producing work.
The rising health consciousness.
The increase in world population.
The cost-effectiveness of the raw materials varies greatly.
Accessories produced in factories.
Their factories don't have enough workers.
Following the release of lockdown, many opportunities opened up for the most important players on the market.
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.
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.
Reduced Iron Powder
Atomized Iron Powder
Electrolytic Iron Powder
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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 201.3 Billion|
|Market Size by 2030||US$ 275.12 Billion|
|CAGR||CAGR of 4% From 2023 to 2030|
|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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
188.8.131.52 United Kingdom
184.108.40.206 South Korea
220.127.116.11 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
9.3 General Industrial
10. Regional Analysis
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
10.6.3 Rest of Latin America
11. Company Profile
11.1 BASF SE
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
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