Iron Powder Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Iron Powder Market report segments the industry into Type (Reduced Iron Powder, Atomized Iron Powder, Electrolytic Iron Powder), End-User (Automotive, Chemical, General Industrial, Food, Other End-users), and Geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa). Get five years of historical data and market forecasts.

Iron Powder Market Size

Iron Powder Market Summary

Iron Powder Market Analysis

The Global Iron Powder Market is expected to register a CAGR of greater than 4% during the forecast period.

  • COVID-19 negatively impacted the market in 2020. However, the market reached pre-pandemic levels in 2022 and is expected to grow steadily in the future.
  • The increasing demand for iron powders from the automotive industry is expected to drive the market during the forecast period. On the other hand, the high cost of production is expected to hinder the market's growth.
  • The rising popularity of powdered iron as a sustainable fuel to replace industrial fossil fuels is expected to act as a market opportunity. The Asia-Pacific region dominates the global market, with the largest consumption from countries such as China, India, and Japan.

Iron Powder Industry Overview

The global iron powder market is consolidated in nature. Some of the major players in the market include Höganäs AB, Rio Tinto Metal Powders, Kobe Steel, Ltd., JFE Steel Corporation, and Industrial Metal Powders (India) Pvt.Ltd., among others.

Iron Powder Market Leaders

  1. Rio Tinto Metal Powders

  2. KOBE STEEL, LTD.

  3. JFE Steel Corporation

  4. INDUSTRIAL METAL POWDERS (INDIA) PVT.LTD.

  5. Höganäs AB

  6. *Disclaimer: Major Players sorted in no particular order
Iron Powder Market Concentration
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Iron Powder Market News

  • January 2023: JFE Steel completed the acquisition of the ISO 45001 certification, an international standard for occupational health and safety management systems, for all of its Japan operations.
  • January 2023: Höganäs developed nickel-free powders for component production. The new nickel-free powder can potentially reduce price and the harmful environmental impact.

Iron Powder Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Demand for Iron Powders from the Automotive Industry
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 High Cost of Production
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Type
    • 5.1.1 Reduced Iron Powder
    • 5.1.2 Atomized Iron Powder
    • 5.1.3 Electrolytic Iron Powder
  • 5.2 End-User
    • 5.2.1 Automotive
    • 5.2.2 Chemical
    • 5.2.3 General Industrial
    • 5.2.4 Food
    • 5.2.5 Other End-users
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 United Kingdom
    • 5.3.3.2 France
    • 5.3.3.3 Germany
    • 5.3.3.4 Italy
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share(%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 American Elements
    • 6.4.2 Ashland
    • 6.4.3 ATI
    • 6.4.4 BASF SE
    • 6.4.5 Belmont Metals
    • 6.4.6 CNPC POWDER
    • 6.4.7 Hoganas AB
    • 6.4.8 INDUSTRIAL METAL POWDERS (INDIA) PVT.LTD.
    • 6.4.9 JFE Steel Corporation
    • 6.4.10 KOBE STEEL, LTD.
    • 6.4.11 Laiwu Iron & Steel Group Lunan Mining Co Ltd
    • 6.4.12 Pometon Powder
    • 6.4.13 Rio Tinto Metal Powders
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Rising Popularity of Powdered Iron as a Sustainable Fuel to Replace Industrial Fossil Fuels
**Subject to Availability
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Iron Powder Industry Segmentation

Iron powder is a finely divided type of iron with particle sizes ranging from 20 to 200 um. Iron powder is used in various industrial applications, including automotive, food, packaging, and coating. Iron powder is manufactured in the industry using a solid reduction, atomized, and electrolytic technique. 

The global iron powder market is segmented by type, end-user, and geography. By type, the market is segmented into reduced iron powder, atomized iron powder, and electrolytic iron powder. By end-user, the market is segmented into automotive, chemical, general industrial, food, and other end-users. The report also covers the market size and forecasts for iron powder in 15 countries across major regions. 

For each segment, the market sizing and forecasts have been done based on revenue (USD million).

Type Reduced Iron Powder
Atomized Iron Powder
Electrolytic Iron Powder
End-User Automotive
Chemical
General Industrial
Food
Other End-users
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe United Kingdom
France
Germany
Italy
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
Type
Reduced Iron Powder
Atomized Iron Powder
Electrolytic Iron Powder
End-User
Automotive
Chemical
General Industrial
Food
Other End-users
Geography
Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe United Kingdom
France
Germany
Italy
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Iron Powder Market Research FAQs

What is the current Global Iron Powder Market size?

The Global Iron Powder Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in Global Iron Powder Market?

Rio Tinto Metal Powders, KOBE STEEL, LTD., JFE Steel Corporation, INDUSTRIAL METAL POWDERS (INDIA) PVT.LTD. and Höganäs AB are the major companies operating in the Global Iron Powder Market.

Which is the fastest growing region in Global Iron Powder Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Global Iron Powder Market?

In 2025, the Asia Pacific accounts for the largest market share in Global Iron Powder Market.

What years does this Global Iron Powder Market cover?

The report covers the Global Iron Powder Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Iron Powder Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on: June 16, 2024

Iron Powder Industry Report

Statistics for the 2025 Global Iron Powder market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global Iron Powder analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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