The global Carbonyl Iron Powder and Ultra Fine Iron Powder Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.80% during the review period (2022 to 2027)
The growing demand for carbonyl iron powder in the electronics industry for inductive electronic components and electromagnet cores is projected to drive the global Carbonyl Iron Powder and Ultra Fine Iron Powder market. Carbonyl iron powder is utilized in electromagnetic cores with a high-frequency coil to maintain voltage in tablets, smartphones, personal computers, sensitive digital electrical gadgets, and other devices. Other important aspects projected to propel the global Carbonyl Iron Powder and Ultra Fine Iron Powder market include the use of carbonyl iron powder in the manufacturing of diamond tools, metal injection molding, radar absorption, powder metallurgy, and metallic inks.
Growing adoption in the diamond industry due to its excellent ability to hold diamond, compressibility and controlled particle size, etc. contributes to the carbonyl iron powder and ultra-fine iron powder market's growth. The high number of application areas in the EMI field such as energy-dispersive X-ray spectroscopy (EDX), scanning electron microscope (SEM and X-ray diffraction analysis (XRD) is also positively impacting the carbonyl iron powder and ultra fine iron powder market's growth. Moreover, numerous applications linked with the employment of these powders range from magnetic alloys manufacturing to the production of various steels is likely to generate profitable growth opportunities for key players of the carbonyl iron powder and ultra-fine iron powder market in the coming years.
Industry News:
January 10, 2022 :Jiangxi Yuean Advanced Materials Co Ltd, Ganzhou City, China, has begun construction of a new Carbonyl Iron Powder (CIP) production line. The new CIP unit will have a production capacity of 6,000 metric tonnes per year, and is expected to be online by the end of 2022.
BASF partners Harvest in a milestone project for the growing cryogenic industry
April 14, 2022 – A cryogenic insulation system made with BASF’s Elastopor® Cryo by Shanghai Harvest Insulation Engineering Co., Ltd (Harvest), has been applied in the first VLEC (very large ethane carrier) delivered to Jiangnan shipyard, one of China’s leading shipbuilding companies. Elastopor’s excellent durability ensures the ship’s insulation capability even when subject to rough conditions at sea. As such, liquid cargo on the carrier can be maintained in a specific low-temperature state and be safely transported to land.
By Type, it is segmented into
By Applications it is segmented into
Asia Pacific is likely to grow due to increasing demand from the electronics, aerospace, and medical industries. China is a key market for carbonyl iron powder for metal powder injection molding applications. An in-depth analysis of specific regions and their respective countries is performed to ensure that the precise detailing of the Carbonyl Iron Powder and Ultra Fine Iron Powder Market's footprint and sales demographics are effectively captured with precision, allowing our users to use this data to the best of their abilities. Germany has witnessed a significant increase in electronic device manufacture and sales in this region.
Report Attributes | Report Details |
Report Title | Carbonyl Iron Powder and Ultra Fine Iron Powder Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players – BASF(TLO: BASF.TI), Sintez-CIP, JFE, Jiangsu Tianyi, Jilin Jien, Jiangxi Yuean, Shanxi Xinghua, |
Forecast Period 2022 to 2027 CAGR | CAGR of 3.80% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | BASF(TLO: BASF.TI), Sintez-CIP, JFE, Jiangsu Tianyi, Jilin Jien, Jiangxi Yuean, Shanxi Xinghua, |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 164 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Carbonyl Iron Powder and Ultra Fine Iron Powder Market is studied from 2017 - 2027.
What is the growth rate of Carbonyl Iron Powder and Ultra Fine Iron Powder Market?
The Glass Microfiber Market is growing at a CAGR of 3.80% over the next 5 years.
What regions does this Carbonyl Iron Powder and Ultra Fine Iron Powder Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Carbonyl Iron Powder and Ultra Fine Iron Powder Market?
Carbonyl Iron Powder, Atomized Ultra Fine Iron Powder, Others
What are the significant Applications of Carbonyl Iron Powder and Ultra Fine Iron Powder Market?
Powder Metallurgy, Electronics Industry, Diamond Tools, Military Industry, Food and Drug Industry, Others
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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