Electrolytic iron is defined as high purity iron that is produced by electrolysis of scrap steel in an aqueous solution of iron sulfate. The highest purity of iron makes it suitable for applications in various industries, such as electronic components, pharmaceuticals, cosmetics industry, and others.
Market Dynamics
The global electrolytic iron market growth is driven by increasing demand for electrolytic iron from the food industry, as it is used in iron nutritional supplements and for the treatment of nutritional deficiencies. Furthermore, the automotive industry requires electrolytic iron power for the manufacturing of automotive parts with complicated geometry. However, the growth of the market is expected to be hampered over the forecast period due to the natural process of oxidation of iron powder.
Electrolytic iron is witnessing huge demand across the globe, especially in Asia Pacific region. The increasing adoption of electrolytic iron by various end-use industries is further expected to drive growth of the market. The increasing disposable income of people within the region is also driving demand for automobiles, thereby fueling the growth of the electrolytic iron market. For instance, according to the Organization for Economic Cooperation and Development, disposable income in China increased to US$5,278.3 in 2017 from US$3,562.2 in 2020.
Key features of the study:
- This report provides in-depth analysis of the global electrolytic iron market, market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2023–2030)
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, electrolytic iron products, regional outlook, and competitive strategies adopted by the leading players.
- Key companies covered as a part of this study include Beijing GaoYe Technology Co., Ltd., Blyth Metals Ltd., Dr. Fritsch, Hoganas High Alloys LLC, Industrial Metal Powders Pvt. Ltd., JFE Steel Corporation, NetShape Nutrition Pvt. Ltd., OMG Americas, Inc., Shanghai Zhiye Industry Co., Ltd., and Toho Zinc Co., Ltd. among others
- It profiles leading players in the global electrolytic iron market based on the following parameters– company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
- The global electrolytic iron market report caters to various stakeholders in this industry, including investors, product developers, distributors, electrolytic iron manufacturing companies, research institutes, new entrants, and financial analysts
- Stakeholders would greatly benefit in decision-making through various strategy matrices used in analyzing the global electrolytic iron market
Detailed Segmentation
- Global Electrolytic Iron Market, By Type:
- Electrolytic Iron Powder
- Electrolytic Iron Flakes
- Global Electrolytic Iron Market, By Purity:
- Global Electrolytic Iron Market, By Application:
- Еlесtrоnіс Соmроnеntѕ
- Ѕресіаl Аllоуѕ
- Pharmaceuticals
- Nutritional Industry
- Cosmetics
- Оthеrѕ
- Global Electrolytic Iron Market, By Region:
- North America
- Europe
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- Company Profiles
- Beijing GaoYe Technology Co., Ltd.
- Blyth Metals Ltd
- Fritsch
- Hoganas High Alloys LLC
- Industrial Metal Powders Pvt. Ltd
- JFE Steel Corporation
- NetShape Nutrition Pvt. Ltd.
- OMG Americas, Inc.
- Shanghai Zhiye Industry Co., Ltd.
- Toho Zinc Co., Ltd.
