Iron powder is formed as a whole from several other iron particles. The particle sizes vary anywhere from 20-200 μm. The iron properties differ depending on the production method and history of a specific iron powder.
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.
We tend to believe this industry is a promising industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The Global 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 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-
Hoganas
GKN (Hoeganaes)
Rio Tinto Metal Powders
Laiwu Iron&Steel Group
Kobelco
Jiande Yitong
JFE Steel Corporation
Pometon Powder
BaZhou HongSheng
Wuhan Iron&Steel Group
Ma Steel
CNPC Powder Material
Xinxing
Jinsui
Industrial Metal Powders
Sundram Fasteners
Kushal Ferro Alloys
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:
Atomized Iron Powder
Reduced Iron Powder
Other
In Market segmentation by applications :
Powder Metallurgy
Welding Electrodes
Chemical
Other
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 Iron Powder Market for the forecast period 2020 - 2026?
• What are the driving forces in the 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 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?