impact of recession on your business
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:


  • 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.

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.


  • 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 US Canada Germany France United Kingdom China Japan South Korea 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



11.5 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


An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of a good and accurate research report and selecting the best methodology to complete the research is the toughest part. Since the research reports, we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach a stage wherein we can provide our clients best and most accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brainstorming sessions to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.


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

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content-specific facts that can be sued to solve specific problems. Since the collected data is fresh and first-hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply sides of the industry to make sure we land an accurate judgment and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses, and observation of on-field participants. The below-mentioned chart should give a better understanding of part 1 of the primary interview.

Part 2: In this part of the primary research the data collected via secondary research and part 1 of the primary research is validated with the interviews with individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence center, our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real-time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but is not limited to getting rid of the many typos, duplication of numbers, or missing any important information. The people involved in this process include technical content writers, research heads, and graphics people. Once this process is completed the title gets uploaded on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.