Global Ilmenite Market Analysed & Forecast by BAC Reports in Its Cutting-Edge Research Report Now Available at MarketPublishers.com13 Dec 2017 • by Natalie Aster
LONDON – Ilmenite is recognised as a heavy mineral, which is abundant in nature. It is primarily used in the production of titanium pigment and titanium metal, therefore, the demand for ilmenite is highly dependent on the demand from these end-use industries.
Ilmenite is processed into synthetic rutile, that is a feedstock in the titanium pigment production. Presently, synthetic rutile presents the most rapidly growing application sector for ilmenite; this trend is likely to continue in the foreseeable future.
Driven by such factors as steady uptake in the key end-use sectors, increasing GDP, and wide availability of ilmenite, the world’s ilmenite market is predicted to witness sustained growth at a healthy CAGR in the coming years. Still, stringent regulatory norms associated with hazardous wastes of ilmenite processing could considerably restrain the further market growth.
Region-wise, the global ilmenite market is dominated by the APAC region, which is set to maintain its dominance in the years ahead. The APAC ilmenite market growth is considerably supported by stable growth of the Indian and Chinese economies.
Cutting-edge research report “Ilmenite Market Research” drawn up by BAC Reports presents an in-depth, professional analysis of the current situation in the market for ilmenite on the global scale, besides, it focuses on the market performance in the CIS countries. The report offers an insightful overview of the ilmenite market recent developments, trends, dynamics, main influencing forces, emerging opportunities and challenges, and possible future development patterns. Moreover, this research publication includes reliable statistics on ilmenite capacities, production, consumption and foreign trade, highlights the recent price fluctuations, touches upon the patent issues, etc. Furthermore, this research report scrutinises the competitive scenario in the ilmenite market and offers relevant info on the main market players. Future forecasts for the ilmenite market are at hand in this report, too.
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