Iron Powder Market to Witness Robust Expansion by 2025 - QY Research, Inc.

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City of Industry, CA -- (SBWire) -- 07/03/2018 --This report studies the global Iron Powder industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.

Iron powder is powdered iron. It has several uses; for example production of magnetic alloys and certain types of steels.

Iron powder is formed as a whole from several other iron particles. The particle sizes vary anywhere from 20-200 ?m. The iron properties differ depending on the production method and history of a specific iron powder. There are three types of iron powder classifications: reduced iron powder, atomized powder, and electrolyte iron powder. Each type is used in various applications depending on their properties. There is very little difference in the visual appearances of reduced iron powder and atomized 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.

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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.

The global Iron Powder market is valued at 1730 million USD in 2017 and is expected to reach 2350 million USD by the end of 2025, growing at a CAGR of 3.9% between 2018 and 2025.

This research report categorizes the China and global Iron Powder market by type, end-use industry, and region.

International Manufacturers Covered

GKN (Hoeganaes)

Rio Tinto Metal Powders

Kobelco

JFE Steel Corporation

Pometon Powder

Industrial Metal Powders

Sundram Fasteners

Kushal Ferro Alloys

China Local Manufacturers Covered

Laiwu Iron&Steel Group

Jiande Yitong

BaZhou HongSheng

Wuhan Iron&Steel Group

Ma Steel

CNPC Powder Material

Xinxing

Jinsui

By Type

Atomized Iron Powder

Reduced Iron Powder

Other

By Application

Powder Metallurgy

Welding Electrodes

Chemical

Other

By Region

United States

Europe

Japan

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About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.

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