South & Central America Iron Powder Market Forecast to 2030 - Regional Analysis - by Type (Reduced, Atomized, and Electrolytic), Manufacturing Process, Grade (<= 99.0% and >= 99.1%), and End-Use Industry

Description

List of Tables

The South & Central America iron powder market was valued at US$ 38.13 million in 2022 and is expected to reach US$ 55.53 million by 2030; it is estimated to register a CAGR of 4.8% from 2022 to 2030.

Flourishment of Automotive Industry Fuels South & Central America Iron Powder Market

The automotive industry heavily relies on iron powder as it is a fundamental raw material in the field of powder metallurgy. This manufacturing process involves shaping and sintering metal powders to create intricate parts. Automotive manufacturers increasingly turn to powder metallurgy for the production of components such as gears, bearings, and bushings, as it offers cost-effective, precise, and resource-efficient manufacturing solutions. In addition, in recent years, the automotive sector has heavily invested in reducing the weight of vehicles to enhance fuel efficiency and reduce emissions. Iron powder, when integrated into metal matrix composites and other advanced materials, can contribute to the development of lightweight components that maintain structural integrity. These components are integral to achieving the industry's lightweight objectives, resulting in more fuel-efficient vehicles and a reduced carbon footprint. As per the data of the Organisation Internationale des Constructeurs d'Automobiles (OICA), countries in North America, South America, and Central America recorded production of over 16.1 million commercial and passenger cars in 2021, and the production has grown by 10% and registered over 17.7 million commercial and passenger cars in 2022.

Companies operating in the automotive sector are investing heavily in automobile manufacturing to increase production and sales. As the automotive industry experiences a transformative shift toward electric vehicles (EVs), iron powder's role becomes even more crucial. Electric motors used in EVs often rely on iron powder for the production of soft magnetic cores, which are essential for the motors' efficiency and performance. According to the International Energy Agency's annual Global Electric Vehicle Outlook, over 10 million electric cars were sold worldwide in 2022, and sales are projected to grow by another 35% in 2023 to reach 14 million. As the automotive parts sector continues to evolve and innovate, iron powder is poised to remain a fundamental material for the production of high-quality, efficient, and environmentally responsible automotive components.

South & Central America Iron Powder Market Overview

The South & Central America iron powder market is segmented into Brazil, Argentina, and the Rest of South & Central America. The South & Central America iron powder market in South & Central America is primarily driven by its high use by the end-use industries. The increasing demand for additive manufacturing in the automotive, medical, and aerospace & defense industries is predicted to propel the South & Central America iron powder market in the region. Large-scale original equipment manufacturers (OEMs), particularly in the aircraft sector, are investing in metal 3D printing in order to produce aeronautical parts, which is thereby anticipated to influence the South & Central America iron powder market growth positively. Further, the automotive sector is widely using powder metallurgy to produce a remarkably assorted range of structural parts for engines, clutches, transmissions, exhaust, starters, transfer cases, brakes, shock absorbers, steering columns and racks, comfort and safety systems [sunroofs, rear-view mirrors, and heating ventilation and air conditioning (HVAC)], and others. Thus, the growing demand for additive manufacturing and metallurgy is anticipated to boost market growth in the region. Moreover, South & Central America has a nascent share. However, the increasing presence of global and local market players coupled with increasing research and development activities by these market players are anticipated to drive the South & Central America iron powder market growth in the region.

South & Central America Iron Powder Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Iron Powder Market Segmentation

The South & Central America iron powder market is categorized into type, grade, manufacturing process, end-use industry, and country.

Based on type, the South & Central America iron powder market is segmented into reduced, atomized, and electrolytic. The atomized segment held the largest market share in 2022.

In terms of grade, the South & Central America iron powder market is bifurcated into <= 99.0% and >= 99.1%. The <= 99.0% segment held a larger market share in 2022.

By manufacturing process, the South & Central America iron powder market is categorized into physical, chemical, and mechanical. The physical segment held the largest market share in 2022. Furthermore, the physical segment is further subsegmented into atomization and electro deposition. Additionally, the chemical segment is further subsegmented into reduction and decomposition.

Based on end-use industry, the South & Central America iron powder market is segmented into paints and coatings, additive manufacturing, medical, soft magnetic products, metallurgy, and others. The metallurgy segment held the largest market share in 2022. Furthermore, the metallurgy segment is further subsegmented into compound brazing, compound sintering, compound welding, and others.

Based on country, the South & Central America iron powder market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America iron powder market share in 2022.

Rio Tinto Metal Powders, American Elements Inc, Industrial Metal Powders (India) Pvt Ltd, CNPC Powder North America Inc, Ashland Inc, BASF SE, Hoganas AB, JFE Steel Corp, and Kobe Steel Ltd are among the leading companies operating in the South & Central America iron powder market.

Product Code: BMIRE00030175

Table of Content

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. South & Central America Iron Powder Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Intensity of Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturers
- 4.3.3 Distributors/Suppliers
- 4.3.4 End Users
- 4.3.5 List of Vendors in the Value Chain:

5. South & Central America Iron Powder Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Flourishment of Automotive Industry
- 5.1.2 Rising Demand from the Electronics Industry
5.2 Market Restraints
- 5.2.1 Volatility in Raw Material Prices
5.3 Market Opportunities
- 5.3.1 Growing Demand for Additive Manufacturing
5.4 Future Trends
- 5.4.1 Sustainable and Eco-Friendly Manufacturing Practices
5.5 Impact Analysis

6. South & Central America Iron Powder Market - South & Central America Market Analysis

6.1 South & Central America Iron Powder Market Revenue (US$ Million)
6.2 South & Central America Iron Powder Market Volume (Kilo Tons)
6.3 South & Central America Iron Powder Market Forecast and Analysis

7. South & Central America Iron Powder Market Analysis - Type

7.1 Reduced
- 7.1.1 Overview
- 7.1.2 Reduced Market Revenue and Forecast to 2030 (US$ Million)
- 7.1.3 Reduced Market Volume and Forecast to 2030 (Kilo Tons)
7.2 Atomized
- 7.2.1 Overview
- 7.2.2 Atomized Market Revenue and Forecast to 2030 (US$ Million)
- 7.2.3 Atomized Market Volume and Forecast to 2030 (Kilo Tons)
7.3 Electrolytic
- 7.3.1 Overview
- 7.3.2 Electrolytic Market Revenue and Forecast to 2030 (US$ Million)
- 7.3.3 Electrolytic Market Volume and Forecast to 2030 (Kilo Tons)

8. South & Central America Iron Powder Market Analysis - Manufacturing Process

8.1 Physical
- 8.1.1 Overview
- 8.1.2 Physical Market Revenue and Forecast to 2030 (US$ Million)
- 8.1.3 Atomization
- 8.1.4 Electro Deposition
8.2 Chemical
- 8.2.1 Overview
- 8.2.2 Chemical Market Revenue and Forecast to 2030 (US$ Million)
- 8.2.3 Reduction
- 8.2.4 Decomposition
8.3 Mechanical
- 8.3.1 Overview
- 8.3.2 Mechanical Market Revenue and Forecast to 2030 (US$ Million)

9. South & Central America Iron Powder Market Analysis - Grade

9.1 99.0%
- 9.1.1 Overview
- 9.1.2 99.0% Market Revenue and Forecast to 2030 (US$ Million)
9.2 99.1%
- 9.2.1 Overview
- 9.2.2 99.1% Market Revenue and Forecast to 2030 (US$ Million)

10. South & Central America Iron Powder Market Analysis - End-Use Industry

10.1 Paints and Coatings
- 10.1.1 Overview
- 10.1.2 Paints and Coatings Market Revenue and Forecast to 2030 (US$ Million)
10.2 Additive Manufacturing
- 10.2.1 Overview
- 10.2.2 Additive Manufacturing Market Revenue and Forecast to 2030 (US$ Million)
10.3 Medical
- 10.3.1 Overview
- 10.3.2 Medical Market Revenue and Forecast to 2030 (US$ Million)
10.4 Soft Magnetic Products
- 10.4.1 Overview
- 10.4.2 Soft Magnetic Products Market Revenue and Forecast to 2030 (US$ Million)
10.5 Metallurgy
- 10.5.1 Overview
- 10.5.2 Metallurgy Market Revenue and Forecast to 2030 (US$ Million)
- 10.5.3 Compound Brazing
- 10.5.4 Compound Sintering
- 10.5.5 Compound Welding
- 10.5.6 Others
10.6 Others
- 10.6.1 Overview
- 10.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)

11. South & Central America Iron Powder Market - Country Analysis

11.1 South & Central America Iron Powder Market Revenue and Forecasts and Analysis - By Countries
- 11.1.1 South & Central America Iron Powder Market Breakdown by Country
- 11.1.2 Brazil: South & Central America Iron Powder Market Revenue and Forecasts to 2030 (US$ Million)
- 11.1.3 Brazil: South & Central America Iron Powder Market Volume and Forecasts to 2030 (Kilo Tons)
  - 11.1.3.1 Brazil: South & Central America Iron Powder Market Breakdown by Type
  - 11.1.3.2 Brazil: South & Central America Iron Powder Market Breakdown by Manufacturing Process
  - 11.1.3.3 Brazil: South & Central America Iron Powder Market Breakdown by Grade
  - 11.1.3.4 Brazil: South & Central America Iron Powder Market Breakdown by End-Use Industry
- 11.1.4 Argentina: South & Central America Iron Powder Market Revenue and Forecasts to 2030 (US$ Million)
- 11.1.5 Argentina: South & Central America Iron Powder Market Volume and Forecasts to 2030 (Kilo Tons)
  - 11.1.5.1 Argentina: South & Central America Iron Powder Market Breakdown by Type
  - 11.1.5.2 Argentina: South & Central America Iron Powder Market Breakdown by Manufacturing Process
  - 11.1.5.3 Argentina: South & Central America Iron Powder Market Breakdown by Grade
  - 11.1.5.4 Argentina: South & Central America Iron Powder Market Breakdown by End-Use Industry
- 11.1.6 Rest of SAM: South & Central America Iron Powder Market Revenue and Forecasts to 2030 (US$ Million)
- 11.1.7 Rest of SAM: South & Central America Iron Powder Market Volume and Forecasts to 2030 (Kilo Tons)
  - 11.1.7.1 Rest of SAM: South & Central America Iron Powder Market Breakdown by Type
  - 11.1.7.2 Rest of SAM: South & Central America Iron Powder Market Breakdown by Manufacturing Process
  - 11.1.7.3 Rest of SAM: South & Central America Iron Powder Market Breakdown by Grade
  - 11.1.7.4 Rest of SAM: South & Central America Iron Powder Market Breakdown by End-Use Industry

12. Competitive Landscape

12.1 Heat Map Analysis By Key Players
12.2 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 New Product Development
13.4 Merger and Acquisition

14. Company Profiles

14.1 Rio Tinto Metal Powders
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 American Elements Inc
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Industrial Metal Powders (India) Pvt Ltd
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 CNPC Powder North America Inc
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 Ashland Inc
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 BASF SE
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Hoganas AB
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 JFE Steel Corp
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 Kobe Steel Ltd
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments

15. Appendix