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Increasing Applications in Various Industries Drives Global Iron Oxide Market to Reach $3.6 Billion by 2030

Dublin, Aug. 10, 2023 (GLOBE NEWSWIRE) -- The "Iron Oxide Market, By Product Type, By Application, And By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

This report provides in-depth analysis of global iron oxide market size (US$ Billion and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2023 - 2030), considering 2022 as the base year. Golden Mica

Increasing Applications in Various Industries Drives Global Iron Oxide Market to Reach $3.6 Billion by 2030

Iron oxide is a widely used chemical compound which is composed of iron and oxygen and is also known as ferric oxide. It can be obtained by both natural and synthetic methods. Iron oxide is mainly used as pigment and catalysts for various applications. Iron oxide possesses different physical and chemical properties such as it can absorb Ultra-violet radiations, has great hiding power, paramagnetic in nature and others Market Dynamics: The global iron oxide market has witness a surge in market growth in terms of revenue in recent past years, owing to the increasing applications in various end use industries. Manufactures of iron oxide are focusing on research and development of new iron oxide grades, which have a diverse set of applications in different industries. This expected to drive companies for investing in expansion of their product portfolios in future. On the basis of application, construction segment has accounted for a substantial market share in terms of revenue, owing to the increasing infrastructural activities across the globe. Iron oxides are widely used as coloring agents for different construction materials such as bricks, tiles, aesthetic concrete and terracotta. Moreover, iron oxides are also used as pigments in paint & coating industry. These scenarios are projected to fuel the market growth in the forthcoming years. Key features of the study:

It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market

This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players

It profiles leading players in the global iron oxide market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans

Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics

The global iron oxide market report caters to various stakeholders in this industry including investors, suppliers, global iron oxide manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global iron oxide market

Jiangsu Yuxing Industry and Trade Co., Ltd.

Shenghua Group Deqing Huayuan, Pigment Co., Ltd.

Hunan Three-Ring Pigments Co., Ltd.,

Estimated Market Value (USD) in 2022

Forecasted Market Value (USD) by 2030

Rest of Middle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/k4ubq5

Increasing Applications in Various Industries Drives Global Iron Oxide Market to Reach $3.6 Billion by 2030

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