Market Overview:
The global iron oxide coating market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food, pharmaceuticals, cosmetics, and other applications across the globe. In terms of type, the yellow iron oxide segment is expected to lead the global market during the forecast period due to its properties such as high heat resistance and chemical stability. In terms of application, food is expected to be one of the fastest-growing segments in this market during the forecast period owing to its growing demand from developing countries such as China and India.
Product Definition:
Iron oxide coating is a thin film of metal oxide that is applied to a surface. It can be used to protect the surface from corrosion, to improve the appearance, or to provide a non-stick coating.
Yellow Iron Oxides:
Yellow iron oxide is a type of iron oxide, which consists of metallic yellow color. It has high content of metal and is used as an additive in various paints & coatings products. It improves the quality and provides better performance to the paint layer.
It can be applied by both dry methods ( Powder coating method & Slurry coating method)and by liquid state ( Spray method).
Red Iron Oxides:
Red iron oxide is a type of iron oxide pigment, which consists of two components namely ferric hydroxide and magnetite. The product has high tinting strength and can be applied in various coatings formulations. It is widely used as a colorant in the paints & coatings industry owing to its good dispersion ability, low cost, high stability towards lightening and oxidation along with superior weather resistance properties.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. Other applications include industrial, decorative, and architectural. Decorative paints based on iron oxide coatings are used widely across residential as well as commercial structures owing to their aesthetic appeal and durability. The rising demand for these paints from various end-use industries including construction, automotive, furniture manufacturing is expected to drive product demand over the coming years.
Food was the second largest application segment accounting for a revenue share of 22% in 2017 owing to increasing use of iron oxide coatings in packaging materials such as paper cups along with coffee mugs which are made from stoneware ceramics that require high resistance against thermal shock & scratches caused by knives & forks etc.
Regional Analysis:
Asia Pacific dominated the global iron oxide coating market in 2016 and accounted for over 45% of the total revenue share. The region is expected to witness significant growth on account of rising product demand from various end-use industries, such as food & beverage, pharmaceuticals, cosmetics and others. This can be attributed to rapid industrialization coupled with increasing per capita income levels in emerging economies like China and India.
The growing population coupled with increased spending on personal care products is projected to drive the pharmaceutical industry in Asia Pacific countries including China, India Japan South Korea Taiwan Thailand Vietnam Indonesia Philippines etc., which will result into high product demand over the forecast period.
Europe was estimated as being a major consumer for this market due to early adoption by several manufacturers across various end-use industries along with presence of key players operating within Europe’s borders such as ArcelorMittal SA; Evonik Industries AG; Rusal Holding Ltd.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and aerospace
- Rising awareness about the benefits of using iron oxide coatings over conventional paints and coatings
- Technological advancements in the production of iron oxide coatings that result in better quality products
- Growing demand for environmentally friendly and sustainable products
- Expansion of global trade leading to increased demand for iron oxide coatings in developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Iron Oxide Coating Market Research Report
By Type
Yellow Iron Oxides, Red Iron Oxides, Black Iron Oxides, Brown Iron Oxide, Blue Iron Oxide, Other
By Application
Food, Pharmaceutical, Cosmetic, Others
By Companies
Lanxess, Venator, Cathay Industries, Sun Chemical, CQV, Kobo Products, Kolortek, Titan Kogyo, Colorant Corea, YIPIN Pigments, Zhejiang Huayuan Pigment
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Iron Oxide Coating Market Report Segments:
The global Iron Oxide Coating market is segmented on the basis of:
Types
Yellow Iron Oxides, Red Iron Oxides, Black Iron Oxides, Brown Iron Oxide, Blue Iron Oxide, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Pharmaceutical, Cosmetic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lanxess
- Venator
- Cathay Industries
- Sun Chemical
- CQV
- Kobo Products
- Kolortek
- Titan Kogyo
- Colorant Corea
- YIPIN Pigments
- Zhejiang Huayuan Pigment
Highlights of The Iron Oxide Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Yellow Iron Oxides
- Red Iron Oxides
- Black Iron Oxides
- Brown Iron Oxide
- Blue Iron Oxide
- Other
- By Application:
- Food
- Pharmaceutical
- Cosmetic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Iron Oxide Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Iron oxide coating is a type of paint that is made up of iron oxide and other chemicals. It is used to protect surfaces from the elements, such as rain, snow, and sun.
Some of the major companies in the iron oxide coating market are Lanxess, Venator, Cathay Industries, Sun Chemical, CQV, Kobo Products, Kolortek, Titan Kogyo, Colorant Corea, YIPIN Pigments, Zhejiang Huayuan Pigment.
The iron oxide coating market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Iron Oxide Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Iron Oxide Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Iron Oxide Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Iron Oxide Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Iron Oxide Coating Market Size & Forecast, 2018-2028
4.5.1 Iron Oxide Coating Market Size and Y-o-Y Growth
4.5.2 Iron Oxide Coating Market Absolute $ Opportunity
Chapter 5 Global Iron Oxide Coating Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Iron Oxide Coating Market Size Forecast by Type
5.2.1 Yellow Iron Oxides
5.2.2 Red Iron Oxides
5.2.3 Black Iron Oxides
5.2.4 Brown Iron Oxide
5.2.5 Blue Iron Oxide
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Iron Oxide Coating Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Iron Oxide Coating Market Size Forecast by Applications
6.2.1 Food
6.2.2 Pharmaceutical
6.2.3 Cosmetic
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Iron Oxide Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Iron Oxide Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Iron Oxide Coating Analysis and Forecast
9.1 Introduction
9.2 North America Iron Oxide Coating Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Iron Oxide Coating Market Size Forecast by Type
9.6.1 Yellow Iron Oxides
9.6.2 Red Iron Oxides
9.6.3 Black Iron Oxides
9.6.4 Brown Iron Oxide
9.6.5 Blue Iron Oxide
9.6.6 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Iron Oxide Coating Market Size Forecast by Applications
9.10.1 Food
9.10.2 Pharmaceutical
9.10.3 Cosmetic
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Iron Oxide Coating Analysis and Forecast
10.1 Introduction
10.2 Europe Iron Oxide Coating Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Iron Oxide Coating Market Size Forecast by Type
10.6.1 Yellow Iron Oxides
10.6.2 Red Iron Oxides
10.6.3 Black Iron Oxides
10.6.4 Brown Iron Oxide
10.6.5 Blue Iron Oxide
10.6.6 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Iron Oxide Coating Market Size Forecast by Applications
10.10.1 Food
10.10.2 Pharmaceutical
10.10.3 Cosmetic
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Iron Oxide Coating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Iron Oxide Coating Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Iron Oxide Coating Market Size Forecast by Type
11.6.1 Yellow Iron Oxides
11.6.2 Red Iron Oxides
11.6.3 Black Iron Oxides
11.6.4 Brown Iron Oxide
11.6.5 Blue Iron Oxide
11.6.6 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Iron Oxide Coating Market Size Forecast by Applications
11.10.1 Food
11.10.2 Pharmaceutical
11.10.3 Cosmetic
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Iron Oxide Coating Analysis and Forecast
12.1 Introduction
12.2 Latin America Iron Oxide Coating Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Iron Oxide Coating Market Size Forecast by Type
12.6.1 Yellow Iron Oxides
12.6.2 Red Iron Oxides
12.6.3 Black Iron Oxides
12.6.4 Brown Iron Oxide
12.6.5 Blue Iron Oxide
12.6.6 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Iron Oxide Coating Market Size Forecast by Applications
12.10.1 Food
12.10.2 Pharmaceutical
12.10.3 Cosmetic
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Iron Oxide Coating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Iron Oxide Coating Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Iron Oxide Coating Market Size Forecast by Type
13.6.1 Yellow Iron Oxides
13.6.2 Red Iron Oxides
13.6.3 Black Iron Oxides
13.6.4 Brown Iron Oxide
13.6.5 Blue Iron Oxide
13.6.6 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Iron Oxide Coating Market Size Forecast by Applications
13.10.1 Food
13.10.2 Pharmaceutical
13.10.3 Cosmetic
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Iron Oxide Coating Market: Competitive Dashboard
14.2 Global Iron Oxide Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lanxess
14.3.2 Venator
14.3.3 Cathay Industries
14.3.4 Sun Chemical
14.3.5 CQV
14.3.6 Kobo Products
14.3.7 Kolortek
14.3.8 Titan Kogyo
14.3.9 Colorant Corea
14.3.10 YIPIN Pigments
14.3.11 Zhejiang Huayuan Pigment
