According to a market report published by Future Market Insights titled “Global Iron Oxide market in its latest report titled ‘Iron Oxide Market: Global Industry Analysis and Opportunity Assessment, 2015 – 2025’, the long-term outlook on the global iron oxide market is positive with the market value expected to increase at a CAGR of 4.3% during the forecast period, reaching an estimated market size valued at around US$ 1.8 Bn.

Iron oxides are commonly available chemical compounds composed of iron (Fe) and oxides. Iron oxides are mainly used in the form of iron ores, pigments, catalysts, etc. They are produced from both natural and synthetic resources and various types of iron oxides are produced in varying colors.

The iron oxides represented by the chemical formula Fe2O3 are mainly red-coloured and brown-coloured iron oxides. Of the various types of iron oxides, primary iron oxides, consisting of red, black and yellow types are estimated to hold a majority share by value in the global iron oxide market.

The iron oxide market has been analyzed on the basis of product type and application. Among the product type segments, the red iron oxide segment is expected to account for over 40% of the overall consumption of iron oxide, while growing at a significant CAGR in terms of value over the forecast period.

Key Segment

Product Type

• Red Iron Oxide
• Yellow Iron Oxide
• Black Iron Oxide
• Orange Iron Oxide
• Brown Iron Oxide
• Green Iron Oxide
• Other Blends

Application

• Construction
• Paints Coatings
• Plastics
• Chemicals
• Paper Pulp Manufacturing
• Textile
• Ceramics
• Leather
• Others (Fertilizers, Cosmetics, Rubber)

Iron Oxide Market Participants

Some of the market participants identified in the iron oxide market are Lanxess AG, Huntsman International LLC, Cathay Industries, Toda Kogyo Corporation, Alabama Pigments Company LLC, Jiangsu Yuxing Industry and Trade Co., Ltd., Yaroslavsky Pigment Company, Tata Pigments Company and Shenghua Group Deqing Huayuan.

Top 3 players in the global iron oxide market account for close to half of the total iron oxide production globally. Various producers of iron oxide pigments are focusing on the development of new applications to enhance their market share.

Get More Information@ https://www.futuremarketinsights.com/reports/iron-oxide-market