Carbonyl iron is a highly pure iron, prepared by chemical decomposition of purified iron pentacarbonyl. It usually has the appearance of grey powder, composed of spherical micro-particles. Most of the impurities are carbon, oxygen, and nitrogen.
The production process of carbonyl iron powder (CIP) was discovered by BASF in 1925. Currently, there are only a few countries that are able to produce carbonyl iron powders in the world, which mainly include Germany, China, America and Russia. According to the data, the carbonyl iron powder production in the world in 2016 was 22240 MT. Leading players in carbonyl iron powder (CIP) industry are BASF, Jiangsu Tianyi, Jilin Jien and Sintez-CIP. Among them, BASF is the tycoon of CIP with 9416 MT capacity in 2016.
At present, China is the major CIP production and consumption region. Besides, the annual output will continuously increase. With the increasing market demand of carbonyl iron powder, researchers in China have made a lot of researches and efforts. Therefore, the quality of carbonyl iron powder that is produced by China\'s enterprises will be equally matched with BASF SE in Germany. Although BASF SE still monopolizes the global carbonyl iron powder market, the manufacturing technology of carbonyl iron powder in China has constantly become mature in recent years and the capacity has continued to increase, therefore, the market shares will continuously increase in the future and will in turn influence the market share of BASF SE.
Powder metallurgy accounted for the largest market with about 37.74% share of global carbonyl iron powder market in 2016. With over 17.07% share in the carbonyl iron powder market, Electronics Industry was the second largest application market in 2016.
The Global Carbonyl Iron Powder Market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
As the report focuses on global Carbonyl Iron Powder Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
BASF
Sintez-CIP
Jiangsu Tianyi
Jilin Jien
Jiangxi Yuean
Shanxi Xinghua
Jiangyou Hebao
Jinchuan Group
CNPC Powder
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Fe<98%
Fe: 98-99%
Fe>99%
In Market segmentation by applications :
Powder Metallurgy
Electronics Industry
Diamond Tools
Military Industry
Food and Drug Industry
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Carbonyl Iron Powder Market for the forecast period 2020 - 2026?
• What are the driving forces in the Carbonyl Iron Powder Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Carbonyl Iron Powder industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?