Yellow Iron Oxide Market Report Expects the Market to grow at a CAGR of 4% during 2020-2026
Posted On June 09, 2020
The Global Yellow Iron Oxide Market is anticipated to grow at a compound annual growth rate of 4% during 2020-2026 as per the research conducted by Value Market Research. The demands of yellow iron oxide are primarily driven by its extensive industrial application. The thriving construction industry, especially in emerging economies, is accelerating market growth. Also, the rising demand for yellow iron oxide in the plastic industry is fuelling product penetration in the global market. However, health concerns pertaining to manufacturing and the use of this pigmented compound may restrict market growth. Another challenge for the market is the current COVID-19 pandemic situation. On the other hand, the application of yellow iron oxide in paints and coating industry may create a favourable business prospect. The market growth of iron oxide is foreseen to be supported by new prospects in its applications such as water treatment and catalysts for chemical processing.
Yellow Iron oxide is a coloured oxide with relatively stable chemical properties. This oxide finds its extensive application in painting and concrete owing to its bright colour, high opacity and weather-resistant properties. Also, yellow iron oxide can be used as colorant for ink, paper, and more. It can be either in granular or target or sintered piece form. The chemical formula is FeO(OH).
The elaborate study "Global Yellow Iron Oxide Market Report By Type (Synthetic And Natural), Applications (Coating, Cosmetics, Industrial Use And Other) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" poses a refreshing view of the market taking into consideration all the aspects affecting the market. The geo-economical factors and historic yellow iron oxide industry trends are analysed to foresee and predict the forecasts for next six years.
By type the yellow iron oxide market is segmented into synthetic and natural. On the basis of applications the yellow iron oxide market is segmented into coating, cosmetics, industrial use and other.
Regionally, the report is segmented as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In this section of the report the data related to all the segments are analysed as per regions.
The Report Segments Global Yellow Iron Oxide Market -
- Industrial Use
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Anhui Union Titanium Enterprise, Applied Minerals Inc., Dhirajlal And Company, Ferro, Hebei Canri Chemical, Hunan JQChemicals Co., Ltd., Lanxess AG, Reade Advanced Materials and Shanghai Feiyan Industrial.
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