1、 Basic overview of the industry
Ferric oxide, chemical formula Fe2O3. Also known as burning limonite, burning ochre, iron lead, iron red, red powder, etc. Its appearance is red-brown powder, which is easily soluble in strong ACID and moderately strong acid. Its red-brown powder is a low-grade pigment, which is called Iron Oxide red in industry. It is used in paint, ink, rubber and other industries, as a catalyst, as a polishing agent for glass, precious stones and metals, and as a raw material for ironmaking.
Iron oxide is widely used for coloring paint, rubber, plastic cosmetics, building fine grinding materials, precision hardware instruments, optical glass, enamel, stationery, leather, magnetic alloy and high-grade alloy steel; It is mainly used as magnetic materials, pigments, polishing agents, catalysts, etc., and also used in telecommunications and instrument industries; It is mainly used as magnetic material, pigment, polishing agent, catalyst, etc., and also used as inorganic red pigment in telecommunication and instrument industry.
Iron oxide is used for coloring paint, rubber, plastic, building, etc. It is an inorganic pigment and is used as antirust pigment in the paint industry.
It is used as colorant for rubber, artificial marble, ground terrazzo, colorant and filler for plastics, asbestos, artificial leather, leather polishing paste, polishing agent for precision instruments, optical glass and raw materials for manufacturing magnetic material ferrite components.
It is used for magnetic raw materials such as electronic industry, communication equipment, television sets, computers, etc., as well as ferrite cores for line output transformers, switching power supplies and high U and high UQ.
It is used as analytical reagent, catalyst and polishing agent, as well as pigment ingredient.
It is used for coloring the coating of various tablets and pills.
Used as magnetic material, pigment and preparation of reducing agent, polishing agent, catalyst, etc; It is used for coloring tablet sugar coating and capsule.
Pigment used as antirust paint. Because the micaceous iron oxide antirust paint made of this product has good water penetration resistance and excellent antirust performance, it can replace red lead.
Edible red pigment. Japan is used for red bean rice and konjac flour food. It is used to identify bananas that have been treated with preservatives. The United States is mainly used for cat food, dog food and packaging materials.
Inorganic red pigment is mainly used for the transparent coloring of coins, as well as the coloring of paints, inks and plastics.
2、 Industry development status
1. Market size
During the period of 2017-2020, the iron oxide industry in China has shrunk in the background of reducing production capacity, and the scale of the whole industry is smaller than before. In 2020, the market scale of the whole industry is about 2.86 billion yuan, down 8.68% year on year. After 2021, due to the large increase in the global raw material prices, the iron oxide market scale is expected to stop falling and recover, and is expected to be 3.17 billion yuan.
2. Capacity
In recent years, the capacity growth momentum of China's iron oxide enterprises has been suppressed, mainly related to supply-side reform policies. Since 2019, China's iron oxide capacity has remained at about 800000 tons.
3. Production
From the perspective of output trend, the output of China's iron oxide industry has slowed down in recent years. According to the data of the Iron Oxide Industry Branch of China Paint Industry Association, China's iron oxide output in 2020 will be about 540000 tons, down about 20000 tons from the previous year. On the whole, China's iron oxide output will remain relatively stable in recent years. It is estimated that China's iron oxide output will be 530000 tons in 2021.
