my country’s iron oxide red industry chain has been formed and output is gradually increasing

Iron oxide red is also called iron oxide red, rust red, iron red, etc. The chemical formula is Fe2O3, and its main component is iron oxide. It mostly appears as orange-red or deep purple-red crystal powder under normal temperature and pressure, and is insoluble in Water and oil, but soluble in concentrated acid solutions. At present, there are many types of iron oxide red, which can be roughly divided into natural iron oxide red, synthetic iron oxide red, etc. Iron oxide red models are divided according to color depth. Common models in my country mainly include Y101, H110, H120, H130, H190, China Red, etc.

At present, the production process of iron oxide red in my country is becoming increasingly mature, which can be roughly divided into two methods: dry and wet. The iron oxide red produced by the dry method has larger crystals and very hard particles, and is mostly used as polishing and abrasive materials and magnetic materials; the iron oxide red produced by the wet method has smaller crystals and softer particles, and is mostly used as a pigment.

At this stage, my country’s iron oxide red industry chain has been formed. The upstream of the industrial chain is mainly the raw material industry, providing raw materials such as iron oxide, ferric nitrate, ferric sulfate, ferrous sulfate; the middle reaches is mainly the iron oxide red production industry, responsible for the production and manufacturing of iron oxide red; the downstream is mainly the application field, with multiple applications In the fields of building materials, papermaking, plastics, rubber, coatings and paints, ceramics, printing and other fields.

From the perspective of market structure, coatings and paints have become the largest application field of iron oxide red, accounting for 44.8%; followed by the field of building materials, accounting for 26.1%; rubber field ranks third, accounting for 16.3% .

As a non-toxic and harmless inorganic material, iron oxide red has good anti-corrosion, rust removal, wear resistance and other properties, and has strong tinting and hiding power. In the field of coatings and paints, iron oxide red can adjust the color of coatings and paints and improve the corrosion resistance of coatings and paints. In the field of building materials, iron oxide red is mostly used to produce building materials such as colored glazed tiles and colored cement. With the gradual advancement of production technology, the comprehensive properties of iron oxide red have increased, and it has gradually expanded into cosmetics, food, medicine and other fields. Overall, the market demand for iron oxide red in my country is relatively large.

According to the “China Iron Oxide Red Industry Application Market Demand and Development Opportunities Research Report 2023-2028” released by the Industrial Research Center, Driven by market demand, my country’s iron oxide red enterprises have gradually expanded their production scale and their output has increased. In 2022, my country’s iron oxide red production will be 321,800 tons, a year-on-year increase of 21.94%.

Industry analysts said that at present, the competition pattern of my country’s iron oxide red market has basically formed, and the market concentration is relatively high. The largest iron oxide red companies in my country mainly include Yuxing Technology, Hengsheng Chemical, Huayuan Pigments, Hunan Nonferrous Metals, Jingsheng Chemical, Hikvision Qiming, etc. As China’s production capacity structure gradually upgrades, the merger speed among iron oxide red companies accelerates, some smaller companies may be eliminated, and the market concentration is expected to be further improved in the future.