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Global Reduced Iron Powder Market to Hit USD 965.3 Million by 2032, Growing at 3.8% CAGR
Global Reduced Iron Powder Market is witnessing sustained growth, with market valuations reaching USD 743.5 million in 2023. Industry projections indicate a steady 3.8% CAGR, pushing the market size to approximately USD 965.3 million by 2032. This expansion is primarily driven by increasing applications in powder metallurgy, welding electrode manufacturing, and chemical processing across major industrial economies.