Iron Powder Market Size, Growth Insight, Share, Trends, Industry Key Players, Regional Forecast To 2028

The global iron powder market size is expected to showcase exponential growth by reaching USD 8,308.2 million by 2028. Fortune Business Insights in its latest report, titled, “Iron Powder Market, 2021-2028.”, mentions that the market stood at USD 5,587.3 million in 2020 and is likely to exhibit a CAGR of 5.2% between 2021 and 2028. Factors such as increasing demand for iron powder in manufacturing of automotive components and the growing adoption of technological innovations are expected to boost the market growth during the forecast period.