Increased Output in Major End-user Industries to Spur Growth Prospects in the Iron Powder Market in North America: Technavio Report

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  • The key vendors in the Iron Powder Market in North America 2014-2018 are Ashland Inc., Hoganas Corp. and Quebec Metal Powders Ltd.

London, 04 November 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Iron Powder Market in North America 2014-2018.   One key trend in this market is technological advances, which help in improving the throughput of the process equipment to reduce costs and maintenance, which in turn helps the market grow. Industry manufacturers are introducing a new variant, nickel and copper-free manganese that contain steel. The Iron Powder market in North America is expected to grow at a CAGR of 5.07 percent during the forecast period of 2013-2018.

“Iron powder is widely used in various industries for better performance and durability. It is also used in sintered components, soft magnetic composites, brazing, chemical and metallurgy, friction, and surface coating,” says Faisal Ghaus, Vice President of TechNavio Research.

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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