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.
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.
According to this study, over the next five years the Carbonyl Iron Powder market will register a 3.8% CAGR in terms of revenue, the global market size will reach US$ 209.6 million by 2024, from US$ 173.5 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Carbonyl Iron Powder business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Carbonyl Iron Powder market by product type, application, key manufacturers and key regions and countries.
This study considers the Carbonyl Iron Powder value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Fe<98%
Fe: 98-99%
Fe>99%
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Powder Metallurgy
Electronics Industry
Diamond Tools
Military Industry
Food and Drug Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BASF
Sintez-CIP
Jiangsu Tianyi
Jilin Jien
Jiangxi Yuean
Shanxi Xinghua
Jiangyou Hebao
Jinchuan Group
CNPC Powder
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Carbonyl Iron Powder consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Carbonyl Iron Powder market by identifying its various subsegments.
Focuses on the key global Carbonyl Iron Powder manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Carbonyl Iron Powder with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Carbonyl Iron Powder submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Carbonyl Iron Powder . Industry analysis & Market Report on Carbonyl Iron Powder is a syndicated market report, published as Global Carbonyl Iron Powder Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Carbonyl Iron Powder market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.