Press release
Carbonyl Iron Powder Market Size, Share, Development by 2024
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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.
Scope of the Report:
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 worldwide market for Carbonyl Iron Powder is expected to grow at a CAGR of roughly 3.6% over the next five years, will reach 217.3 million US$ in 2024, from 182.5 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Carbonyl Iron Powder in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
BASF
Sintez-CIP
Jiangsu Tianyi
Jilin Jien
Jiangxi Yuean
Shanxi Xinghua
Jiangyou Hebao
Jinchuan Group
CNPC Powder
Market Segment by Regions, regional analysis covers
North America (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.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Fe＜98%
Fe: 98-99%
Fe＞99%
Market Segment by Applications, can be divided into
Powder Metallurgy
Electronics Industry
Diamond Tools
Military Industry
Food and Drug Industry
Others
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-carbonyl-iron-powder-market_p165646.html
Related Information:
North America Carbonyl Iron Powder Market Growth 2019-2024
United States Carbonyl Iron Powder Market Growth 2019-2024
Asia-Pacific Carbonyl Iron Powder Market Growth 2019-2024
Europe Carbonyl Iron Powder Market Growth 2019-2024
EMEA Carbonyl Iron Powder Market Growth 2019-2024
Global Carbonyl Iron Powder Market Growth 2019-2024
China Carbonyl Iron Powder Market Growth 2019-2024
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