Electrolytic Iron Market - Size, Share, Outlook, and Opportunity Analysis, 2019

Electrolytic iron is defined as high purity iron, which 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 food industry, as it is used in iron nutritional supplements and for the treatment of nutritional deficiencies. Furthermore, the automotive industry requires the electrolytic iron power for manufacturing of automotive parts with complicated geometry. However, growth of the market is expected to be hampered over the forecast period due to the natural process of oxidation of iron powder.

The electrolytic iron is witnessing huge demand across the globe, especially in Asia Pacific region. This is due to increasing cases of malnutrition in emerging economies. The increasing adoption of electrolytic iron from 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 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 2012.

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 (2020–2027)
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

Market Taxonomy

o Global Electrolytic Iron Market, By Type: