Electrolytic iron powder, is the purest form of iron powder which contains more than 99% of iron contents. It is produced by electro deposition process under controlled conditions. Various applications of electrolytic iron powder are diamond cutting, food additives, pharmaceuticals, dyes, Chemical & Pharmaceutical products where high purity raw material is required, paint industry, etc. The electrolyte iron powder is produced by chemical metallurgy method.
Increasing demand for electrolyte iron powder in food sector owing to its ability to cure nutritional deficiencies, coupled with its increasing applications in iron nutritional supplements is major factor driving growth of the target market. In addition, the increasing adoption of electrolyte iron powder in automotive industry for manufacture of parts with complicated geometry is a major factor expected for the growth of the global electrolyte iron powder market over the forecast period. However, increasing incidence of chronic diseases due to high consumption of iron rich products among general population is a key factor restraining growth of the global electrolyte iron powder market. Additionally, natural oxidation property of electrolyte iron powder expected to hamper growth of the global electrolyte iron powder market over the forecast period.
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Key players operating in the global electrolyte iron powder market are Hoganas AB, Rio Tinto plc, AK Steel Holding Corporation, KOBELCO Construction Machinery Co., Ltd, Metal Powder Products LLC, Bohler-Uddeholm Corporation, Sandvik AB, Pellets Pharma Limited, Daido SteelCo., Ltd, and AMETEKElectrolyte Iron Powder.
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