The ilmenite market looking for excellent growth

By on August 11, 2021 0

Consistent market information published innovative data entitled Ilmenite market This report uses an exploratory technique, such as primary and secondary research, to uncover desired data. It focuses on a global scenario such as ilmenite to learn the overall strategy of industries and study different regions such as North America, Latin America, China, Japan, Asia and India . The latest research study provides market opportunities, risk analysis, and strategic and tactical decision-making support for business intelligence.

[Note: *The PDF Brochure Includes

1) Table of Content (ToC),
2) Research Framework of the actual report, and
3) Research Methodology adopted for it.]

Market Snapshot

Ilmenite is a mineral of titanium and iron oxide and an important constituent of beach sand deposits. The sulfate process or the chloride process is used to convert ilmenite to pigment grade titanium dioxide. The Becher process can be used to improve and purify ilmenite to obtain rutile, a mineral used in paints, plastics, paper, food and other applications. Ilmenite is found mainly on the east and west coasts of Australia; Richards Bay in South Africa; eastern coast of America; Kerala in India; and the east coast and south coast of Brazil. Cr-rich picroilmenite, ferrian ilmenite and hystatitis are some of the truths of ilmenite.

Market dynamics

Ilmenite is mainly used for the production of white titanium dioxide pigment. It is also used in the manufacture of all types of white and pastel shades of paints, tires with white walls, glossy papers, plastics, printed fabrics, floor coverings such as linoleum. Hence, increasing demand for paints and coatings is expected to drive the growth of ilmenite market. The growing demand for paper and plastic is also expected to contribute to the growth of the global ilmenite market.

However, growing concerns about the adverse effects of mining activity are expected to dampen the growth of the global ilmenite market. In addition, titanium dioxide is classified as carcinogenic by the International Agency for Research on Cancer (IARC). These factors are expected to hamper the growth of the market to some extent.

Ilmenite has been found in lunar rocks. Although mining for commercial purposes is not allowed, major players can focus on research and development through major space agencies. This may help with the commercialization of ilmenitis, if it is permitted, in the near future.

Market outlook

Due to the rapid expansion of textile and leather industries, the Asia-Pacific region is expected to account for a significant market share. In addition, the increasing production of fabrics such as silk and nylon in countries like India and China is increasing the demand for acid dyes in this region. Some of the manufacturers based in Europe and North America are moving their manufacturing base to Asia Pacific. Europe is expected to grow considerably slower due to the strict regulations of the region’s environmental agencies. For example, the production of Acid Red 128 has been banned in Europe due to toxic intermediates used in its manufacturing process. However, the growing awareness and preference for environmentally friendly products is expected to positively impact the growth of the market in the region.

Best Key Company: Shanghai Yuejiang Titanium Chemical Manufacturer Co., Ltd., Jiangxi Jinshibao Mining Machinery Manufacturing Co., Ltd., Abbott Blackstone and Yucheng Jinhe Industrial Co., Ltd.

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Chapter 1. Methodology and scope

Chapter 2. Executive summary

Chapter 3. Variables, Trends and Scope of the Ilmenite Market

Chapter 4. Ilmenite Market: Product Estimates and Trend Analysis

Chapter 5. Ilmenite Market: Application Estimates and Trend Analysis

Chapter 6. Ilmenite Market: Regional Estimates and Trend Analysis

Chapter 7. Ilmenite Market – Competitive Analysis

Chapter 8. Company Profiles

Geographically, the detailed consumption, revenue, market share and growth rate, historical and forecast (2016-2027) analysis of the following regions is covered:

North America (Canada, Mexico)
Europe (United Kingdom, France, Italy)
Asia Pacific (China, Japan)
South America (Brazil, Argentina)
Middle East and Africa

Key questions addressed in this report:

  1. What may be the best investment choices for venturing into new lines of products and services?
  2. What value propositions should companies aim for while securing new research and development funding?
  3. What regulations will be most useful for stakeholders to strengthen their supply chain network?
  4. Which regions might see demand mature in certain segments in the near future?
  5. How will the emerging political and economic scenario affect opportunities in key growth areas?
  6. What are some of the value capture opportunities in various segments?
  7. What will be the barrier to entry for new players in the market?

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List of Figures

1. Information acquisition
2. Primary research model
3. Primary research process
4. Market research approaches – Bottom-up approach
5. Market research approaches – Top-down approach
6. Market research approaches – Combined approach
7. Mapping of penetration and growth prospects

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