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Global Iron Oxide Fe3O4 market trend 2023-2028 Iron oxide Fe3O4 is a commonly used magnetic material by Newsthisisdrugs
Recently, the world's largest investment management corporation, BlackRock, in a market research report said that currently, they prefer U.S. and Japanese equities to European equities because of the energy problem stemming from Russia's invasion of Ukraine.
"Russia's invasion of Ukraine caused terrible injuries, a surge in commodity prices, and food and energy security issues," BlackRock, "It is stifling the economic growth and fulling inflation driven by supply problems. Europe is most affected among those developed markets, as it is trying to wean itself off Russian energy."
The volatile international political situations will continue to affect the markets and prices of many commodities like the Iron Oxide Fe3O4.
Iron oxide Fe3O4 overview
Iron oxide Fe3O4 is an inorganic substance with the chemical formula Fe3O4. It is a magnetic black crystal, so it is also called magnetic iron oxide. It cannot be regarded as "ferrous metaferrite" [Fe(FeO2)2], nor can it be regarded as a mixture of ferrous oxide (FeO) and iron oxide (Fe2O3), but it can be approximately regarded as ferrous oxide. A compound composed of iron and iron oxide (FeO·Fe2O3). This substance is insoluble in water, alkaline solution and organic solvents such as ethanol and ether. Natural ferric oxide is insoluble in acid solution, and is easily oxidized to iron oxide (Fe2O3) in the air in a humid state. Usually used as a pigment and polishing agent, it can also be used in the manufacture of audio tapes and telecommunications equipment.
Application of iron oxide Fe3O4
Iron oxide Fe3O4 is a commonly used magnetic material.
Specially made pure ferric oxide is used as raw material for recording tapes and telecommunication equipment.
Natural magnetite is the raw material for iron making.
Used for primers and topcoats.
Ferric oxide is the main raw material for the production of iron catalyst (a catalyst).
It is very hard and can be used as abrasive. It has been widely used in the field of automobile braking, such as: brake pads, brake shoes, etc.
Ferric oxide has been recognized in the field of domestic welding materials, and the production of welding electrodes and wires is still in its infancy, and the market prospect is very broad.
Due to its large specific gravity and strong magnetic properties, ferric oxide has shown good performance in sewage treatment.
Ferric oxide can also be used as pigment and polishing agent.
We can also use certain chemical reactions, such as the use of sodium nitrite, etc., to form a dense layer of iron tetroxide on the surface of steel to prevent or slow down the corrosion of steel, such as the bluing of firearms, saw blades, etc. blackened. Commonly known as "baked blue".
Making special electrodes
In the contemporary electrified and information society, magnetic materials are widely used. As a multifunctional magnetic material, ferroferric oxide magnetic material has been widely used in tumor treatment, microwave absorption material, catalyst carrier, cell separation, magnetic recording material, magnetic fluid, medicine and other fields. There are development prospects.
Iron oxide Fe3O4 price
The price of iron oxide Fe3O4 powder will change randomly with the production cost, transportation cost, international situation and the market supply and demand of iron oxide Fe3O4 powder. Tanki New Materials Co.,Ltd aims to help various industries and chemical wholesalers find high-quality, low-cost nanomaterials and chemicals by providing a full range of customized services. If you are looking for iron oxide Fe3O4 powder, please feel free to send an inquiry to get the latest price of iron oxide Fe3O4 powder
Iron oxide Fe3O4 supplier
As a global supplier of iron oxide Fe3O4, Tanki New Materials Ltd. has extensive experience in the performance, application and cost-effective manufacturing of advanced and engineered materials. The company has successfully developed a series of powder materials (including boron carbide, aluminum carbide, titanium carbide, etc.), high-purity target materials, functional ceramics and structural devices, and provides OEM services.
| Technical Parameter of Iron Oxide Fe3O4 Powder： | ||
| Test item | 01 | 2 |
| Content Fe3O4≥﹪ | 99 | 99 |
| Moisture content ≤﹪ | 0.7 | 0.7 |
| Water Soluble ≤﹪ | 0.4 | 0.4 |
| Residue On Sieve(325mesh) | 0.3 | 0.3 |
| Oil absorption (ml/100g) | 21 | 21 |
| PH value | 7 | 7 |
| Tinting strength ﹪ | 99 | 99 |
The development of the Russia-Ukraine conflict will continue to dominate the commodity prices such as the Iron Oxide Fe3O4 in the future. If the conflict eases or cools, Russia and Ukraine go back to negotiate, commodity prices would fall. However, if the situation between Russia and Ukraine deteriorates further, or evolves into a full-scale war, the price of the Iron Oxide Fe3O4 is predicted to see further improvement over the coming days.
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