Ilmenite Market Trends

Report ID: GMI7406
   |
Published Date: November 2024
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Report Format: PDF

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Ilmenite Market Trends

One of the observed patterns is the use of environmentally sustainable practices in mining of minerals as green building mining techniques are advocated by industries and regulators. Simultaneously, the growth of construction, automotive, and consumer goods industries is resulting in a growing demand for titanium dioxide (TiO2), leading to growing ilmenite demand especially within developing economies.
 

Perhaps an equally significant trend is the growing use of titanium in aerospace and defense industries which fuels ilmenite consumption, and subsequently the ilmenite demand needed for titanium production. The market for ilmenite is relatively projected to grow at a steady pace. There is a growing global demand for titanium dioxide used in the paints and coatings, plastics, and paper industries, as well as in the aerospace, defense, and automotive industries.

 

Authors: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :
How much is the U.S. ilmenite market worth?
The U.S. market was valued at approximately USD 2.7 billion in 2024, led by the increasing demand for TiO2 in key sectors like paints and coatings, plastics, and automotive.
Who are the major players in the ilmenite industry?
Why is the natural ilmenite segment dominating the ilmenite industry?
How big is the ilmenite market?
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    Base Year: 2024

    Companies covered: 15

    Tables & Figures: 165

    Countries covered: 18

    Pages: 235

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