Chemical Research

  Ilmenite is a naturally occurring oxide mineral and is the principal ore of titanium dioxide. Titanium dioxide is highly demanded mineral finding applications as pigment in paints, plastics, paper, toothpastes and other products owing to its ability to impart brightness and opacity. It is also used as titanium feedstock in manufacturing of titanium metal and components for industries such as aerospace & defense and automotive. Increasing customer spending on home décor, automobiles and other titanium using products is expected to boost the demand for titanium feedstock which in turn is likely to upsurge the global ilmenite market. The global Ilmenite Market is estimated to be valued at US$ 13.38 Bn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rising demand for titanium feedstock from industries like aerospace & defense and automobiles is...

  The global Ilmenite Market is estimated to be valued at US$ 13.38 Bn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Ilmenite is a major ore of titanium. It is utilized as a source of titanium dioxide which finds application in paints, plastics, paper and other industries owing to its excellent ultraviolet light blocking ability and brightness. The growing construction and automotive industries are contributing to the rising demand of titanium dioxide and hence ilmenite. Market Overview: Ilmenite is a titanium-iron oxide mineral which is the main ore of titanium. Titanium is known for its high strength-to-density ratio, resistance to corrosion and high melting point. These properties have led to increased demand of titanium dioxide pigment in various end use industries. Market key trends: One of the key trends in the  ilmenite market  is rising demand from pain...