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Iron Oxide Prices, Chart, Demand and Forecast

10-04-2024 02:18 PM CET | Chemicals & Materials

Press release from: IMARC Group

๐ˆ๐ซ๐จ๐ง ๐Ž๐ฑ๐ข๐๐ž ๐๐ซ๐ข๐œ๐ž ๐ˆ๐ง ๐”๐’๐€

๐”๐’๐€: 1268 USD/MT

During the second quarter of 2024, iron oxide pricing in Germany reached 965 USD/MT in June.

The latest report by IMARC Group, titled"๐ˆ๐ซ๐จ๐ง ๐Ž๐ฑ๐ข๐๐ž ๐๐ซ๐ข๐œ๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’: ๐๐ซ๐ข๐œ๐ž ๐“๐ซ๐ž๐ง๐, ๐‚๐ก๐š๐ซ๐ญ, ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ž๐ฐ๐ฌ, ๐ƒ๐ž๐ฆ๐š๐ง๐, ๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ƒ๐š๐ญ๐š,"ย provides a thorough examination of Iron Oxide Prices. This report delves into globally, presenting a detailed analysis, along with an informative price chart. Through comprehensive news, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

๐ˆ๐ซ๐จ๐ง ๐Ž๐ฑ๐ข๐๐ž ๐๐ซ๐ข๐œ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

๐ˆ๐ง๐๐จ๐ง๐ž๐ฌ๐ข๐š: 1027 USD/MT
๐†๐ž๐ซ๐ฆ๐š๐ง๐ฒ: 965 USD/MT
๐๐ซ๐š๐ณ๐ข๐ฅ: 1134 USD/MT

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/iron-oxide-pricing-report/requestsample

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ :

๐Œ๐จ๐ง๐ญ๐ก๐ฅ๐ฒ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ: Annual Subscription
๐๐ฎ๐š๐ซ๐ญ๐ž๐ซ๐ฅ๐ฒ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ: Annual Subscription
๐๐ข๐š๐ง๐ง๐ฎ๐š๐ฅ๐ฅ๐ฒ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ: Annual Subscription

The study delves into the factors affecting Iron Oxide price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

๐ˆ๐ซ๐จ๐ง ๐Ž๐ฑ๐ข๐๐ž ๐๐ซ๐ข๐œ๐ž - ๐’๐ž๐œ๐จ๐ง๐ ๐๐ฎ๐š๐ซ๐ญ๐ž๐ซ

Several key factors propel the iron oxide market. One of the primary drivers is the growing demand from the construction and infrastructure sectors where theyย  are widely used in concrete, tiles, and other building materials due to their durability and color properties. The paints and coatings industry also significantly contributes to market growth, as iron oxide pigments provide vibrant and long-lasting colors, particularly in industrial and decorative paints. Additionally, the increasing use of iron oxide in plastics, ceramics, and cosmetics, driven by its non-toxic nature and color stability, has further expanded its market applications.

The rising global focus on sustainability and eco-friendly materials is another factor propelling demand, as iron oxide pigments are sourced from natural materials and are considered environmentally friendly. Growth in industrial activities, especially in emerging markets, is also boosting the use of iron oxide in various manufacturing processes, such as metallurgy and chemical production. Furthermore, technological advancements in pigment production and the development of high-performance pigments are enhancing product quality and driving market expansion.

In Q2 2024, the global iron oxide market experienced a pronounced decline in pricing, driven by several factors across multiple regions. The consistent downward trend in North America was primarily due to reduced demand from key downstream industries, such as coatings, paints, and construction, amidst a broader economic deceleration. High interest rates aimed at controlling inflation significantly curtailed spending on manufactured goods and capital projects, further diminishing demand. ย The availability of lower-cost imported materials from Europe and Asia and sufficient regional supply also contributed to the price decline. ย 

Additionally, supply chain disruptions, such as the temporary shutdown of Baltimore's inner harbor and potential rail strikes, added to the bearish market sentiment but did not critically impact supply. In the APAC region, weak demand recovery in construction and a slowdown in manufacturing output, coupled with high inventory levels and oversupply, exerted downward pressure on prices. The expected seasonal boost in construction activities during summer failed to materialize, further stifling demand.

Europe faced similar challenges, with subdued demand from paints, coatings, and construction, compounded by high financing costs and weak market sentiment. In South America, economic slowdown and high interest rates dampened demand from critical industries, leading to a sustained price decline, with Brazil experiencing the most significant fluctuations.

๐’๐ฉ๐ž๐š๐ค ๐“๐จ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ:- https://www.imarcgroup.com/request?type=report&id=22500&flag=C

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐๐ซ๐ข๐œ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand.
๐„๐ฎ๐ซ๐จ๐ฉ๐ž: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece.
๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š: United States and Canada.
๐‹๐š๐ญ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
๐Œ๐ข๐๐๐ฅ๐ž ๐„๐š๐ฌ๐ญ & ๐€๐Ÿ๐ซ๐ข๐œ๐š: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco.

๐๐จ๐ญ๐ž: ๐“๐ก๐ž ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ ๐œ๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ ๐ฅ๐ข๐ฌ๐ญ ๐ข๐ฌ ๐ฌ๐ž๐ฅ๐ž๐œ๐ญ๐ข๐ฏ๐ž, ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐œ๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐ž๐ฌ ๐œ๐š๐ง ๐›๐ž ๐จ๐›๐ญ๐š๐ข๐ง๐ž๐ ๐Ÿ๐จ๐ซ ๐œ๐ฅ๐ข๐ž๐ง๐ญ๐ฌ ๐ฎ๐ฉ๐จ๐ง ๐ซ๐ž๐ช๐ฎ๐ž๐ฌ๐ญ.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ฎ๐ฌ:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
๐„๐ฆ๐š๐ข๐ฅ:sales@imarcgroup.com
๐“๐ž๐ฅ ๐๐จ: (D) +91 120 433 0800
๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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