Market Overview:
The global iron oxide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for iron oxide from various applications such as construction, paints & coatings, plastics, chemicals, paper and pulp manufacturing, textiles, ceramics and leather. In addition, the growing demand for blended iron oxide is also contributing to the growth of this market. However, volatility in prices of raw materials used in manufacturing of iron oxides may restrain the growth of this market during the forecast period.
Product Definition:
Iron oxide is a chemical compound with the formula Fe2O3. It is one of the three main oxides of iron, the others being iron(III) oxide and iron(II) oxide. Iron(III) oxide is called ferric oxide and iron(II) oxide is called ferrous oxide.
Red Iron Oxide:
Red iron oxide is a type of iron oxide, which has high content of ferric (Fe3+) and magnetite (Fe2O3) minerals. It usually occurs in two forms: Hematite or limonite, and goethite. The most common source of hematite is from the blood of dried up rivers & lakes.
Black Iron Oxide:
Black iron oxide is a type of iron oxide, which has high absorption capacity for carbon dioxide. It is produced by the thermal decomposition of hematite. Black Iron Oxide (BIO) can be used as an adsorbent and catalyst in chemical reactions. BIO exhibits good catalytic activity for the promotion of various chemical reactions including oxidation, hydrolysis, and reduction.
Application Insights:
The construction industry was the largest application segment and accounted for a revenue share of more than 50% in 2017. The product is widely used in coatings, cement, aggregates, pipes & tiles and other construction products. Increasing infrastructure spending in emerging economies such as China India and Brazil is expected to drive demand over the forecast period.
Paints & coatings emerged as the second-largest application segment owing to increasing industrialization along with rising disposable income levels among consumers in emerging markets including China India and Brazil. Iron oxide based paints have excellent rust prevention ability which helps maintain paint film on iron oxide containing materials resulting into a longer life for painted surfaces. Rapidly expanding automotive sector across major regions coupled with rising consumer interest has resulted into increased consumption of paints which is expected to boost market growth over the coming years further driving demand from Paints & Coatings applications.
Regional Analysis:
Asia Pacific dominated the global iron oxide market in 2016 and is expected to continue its dominance over the next eight years. The region accounted for a share of more than 60% in 2016 owing to high product demand from various end-use industries, such as construction, paints & coatings, plastics, and chemicals. China is one of the largest producers and consumers of iron oxides globally. It was estimated that China produced nearly 80% or more of global red iron oxide demand in 2016 on account rising construction activities coupled with increasing steel production capacity across the country.
The growing manufacturing sector across emerging economies including India has led to an increase in industrial operations which resulted into high product consumption over the past few years; however this trend may change due to changing regulatory scenario post General Election 2017 resulting into uncertainty regarding implementation of certain policies by UK government affecting investment plans within UK economy thereby affecting regional growth negatively.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and others
- Growing awareness about the benefits of using iron oxide pigments among consumers
- Rising investments by key players in research and development to develop new products
- Expansion of distribution channels by manufacturers to reach a wider customer base
- Emergence of new applications for iron oxide pigments in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Iron Oxide Market Research Report
By Type
Red Iron Oxide, Black Iron Oxide, Yellow Iron Oxide, Orange Iron Oxide, Brown Iron Oxide, Green Iron Oxide, Blended Iron Oxide
By Application
Construction, Paints & Coatings, Plastics, Chemicals, Paper and Pulp Manufacturing, Textiles, Ceramics, Leather, Others
By Companies
LANXESS, Huntsman, Cathay, Alabama, Deqing Huayuan, TODA KOGYO, Jiangsu Yuxing, Hunan Three-ring, Yaroslavsky, Tata, LANXESS
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Iron Oxide Market Report Segments:
The global Iron Oxide market is segmented on the basis of:
Types
Red Iron Oxide, Black Iron Oxide, Yellow Iron Oxide, Orange Iron Oxide, Brown Iron Oxide, Green Iron Oxide, Blended Iron Oxide
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
Construction, Paints & Coatings, Plastics, Chemicals, Paper and Pulp Manufacturing, Textiles, Ceramics, Leather, 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
- Huntsman
- Cathay
- Alabama
- Deqing Huayuan
- TODA KOGYO
- Jiangsu Yuxing
- Hunan Three-ring
- Yaroslavsky
- Tata
- LANXESS
Highlights of The Iron Oxide 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:
- Red Iron Oxide
- Black Iron Oxide
- Yellow Iron Oxide
- Orange Iron Oxide
- Brown Iron Oxide
- Green Iron Oxide
- Blended Iron Oxide
- By Application:
- Construction
- Paints & Coatings
- Plastics
- Chemicals
- Paper and Pulp Manufacturing
- Textiles
- Ceramics
- Leather
- 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 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 is a mineral that is composed of iron and oxygen. It is most commonly found in the form of rust, which can be seen on metal surfaces. Iron oxide can also be found in the earth's crust as well as in meteorites.
Some of the major companies in the iron oxide market are LANXESS, Huntsman, Cathay, Alabama, Deqing Huayuan, TODA KOGYO, Jiangsu Yuxing, Hunan Three-ring, Yaroslavsky, Tata, LANXESS.
The iron oxide market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Iron Oxide 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Iron Oxide 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 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 Market Size & Forecast, 2020-2028
4.5.1 Iron Oxide Market Size and Y-o-Y Growth
4.5.2 Iron Oxide Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Red Iron Oxide
5.2.2 Black Iron Oxide
5.2.3 Yellow Iron Oxide
5.2.4 Orange Iron Oxide
5.2.5 Brown Iron Oxide
5.2.6 Green Iron Oxide
5.2.7 Blended Iron Oxide
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Paints & Coatings
6.2.3 Plastics
6.2.4 Chemicals
6.2.5 Paper and Pulp Manufacturing
6.2.6 Textiles
6.2.7 Ceramics
6.2.8 Leather
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Iron Oxide 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 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Red Iron Oxide
9.6.2 Black Iron Oxide
9.6.3 Yellow Iron Oxide
9.6.4 Orange Iron Oxide
9.6.5 Brown Iron Oxide
9.6.6 Green Iron Oxide
9.6.7 Blended Iron Oxide
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 Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Paints & Coatings
9.10.3 Plastics
9.10.4 Chemicals
9.10.5 Paper and Pulp Manufacturing
9.10.6 Textiles
9.10.7 Ceramics
9.10.8 Leather
9.10.9 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Red Iron Oxide
10.6.2 Black Iron Oxide
10.6.3 Yellow Iron Oxide
10.6.4 Orange Iron Oxide
10.6.5 Brown Iron Oxide
10.6.6 Green Iron Oxide
10.6.7 Blended Iron Oxide
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 Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Paints & Coatings
10.10.3 Plastics
10.10.4 Chemicals
10.10.5 Paper and Pulp Manufacturing
10.10.6 Textiles
10.10.7 Ceramics
10.10.8 Leather
10.10.9 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Red Iron Oxide
11.6.2 Black Iron Oxide
11.6.3 Yellow Iron Oxide
11.6.4 Orange Iron Oxide
11.6.5 Brown Iron Oxide
11.6.6 Green Iron Oxide
11.6.7 Blended Iron Oxide
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 Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Paints & Coatings
11.10.3 Plastics
11.10.4 Chemicals
11.10.5 Paper and Pulp Manufacturing
11.10.6 Textiles
11.10.7 Ceramics
11.10.8 Leather
11.10.9 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Red Iron Oxide
12.6.2 Black Iron Oxide
12.6.3 Yellow Iron Oxide
12.6.4 Orange Iron Oxide
12.6.5 Brown Iron Oxide
12.6.6 Green Iron Oxide
12.6.7 Blended Iron Oxide
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 Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Paints & Coatings
12.10.3 Plastics
12.10.4 Chemicals
12.10.5 Paper and Pulp Manufacturing
12.10.6 Textiles
12.10.7 Ceramics
12.10.8 Leather
12.10.9 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Red Iron Oxide
13.6.2 Black Iron Oxide
13.6.3 Yellow Iron Oxide
13.6.4 Orange Iron Oxide
13.6.5 Brown Iron Oxide
13.6.6 Green Iron Oxide
13.6.7 Blended Iron Oxide
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) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Paints & Coatings
13.10.3 Plastics
13.10.4 Chemicals
13.10.5 Paper and Pulp Manufacturing
13.10.6 Textiles
13.10.7 Ceramics
13.10.8 Leather
13.10.9 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 Market: Competitive Dashboard
14.2 Global Iron Oxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LANXESS
14.3.2 Huntsman
14.3.3 Cathay
14.3.4 Alabama
14.3.5 Deqing Huayuan
14.3.6 TODA KOGYO
14.3.7 Jiangsu Yuxing
14.3.8 Hunan Three-ring
14.3.9 Yaroslavsky
14.3.10 Tata
14.3.11 LANXESS
