Title: Titanium Ore Market Research Size, Share, Report, Analysis, Trends & Forecast to 2023
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2Titanium Ore Market Research Report - Forecast to
2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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3Titanium Ore Market - 2023
Global Titanium Ore Market by Type
(Rutile, Ilmenite, Leucoxene, Others),
Application (Titanium Metal, Pigments, Coating
Lining, Welding Electrodes, And Others), End-Use
Industry (Aerospace, Healthcare, Automotive, and
Others), By Region Market Overview Titanium ore
occurs mainly in igneous rocks of which, the
Ilmenite and rutile are the most commonly used
ore. Two processes namely chloride-based and
sulfate-based are used to convert ilmenite into
synthetic rutile. Ilmenite is mainly used to
produce titanium metal through the chlorination
process. Increasing use of ilmenite in various
applications such as welding electrodes, coating,
and lining for blast furnace hearth is expected
to augment the market growth during the
assessment period. Pigments emerged as the
leading application owing to surging demand for
titanium dioxide pigments from paints, paper and
packaging industry across the globe. Titanium
metal is another growing application due to
extensive use in building airframes, engines, and
other defense equipment. It is the most preferred
metal in various industries namely aerospace,
construction, defense owing to high tensile
strength, low density, and high corrosion
resistance. Rapid industrialization in the
emerging economies such as India and China is
likely to fuel the demand for the product in Asia
Pacific region. V.V Mineral is the leading player
in beach mining in India and has also obtained
environment clearance from the Government of
India. Booming automotive industry across the
countries in this region is expected to propel
the market growth.
4Titanium Ore Market - 2023
Market Segmentation The global market for
titanium ore has been segmented on the basis of
product type, application, end use industry, and
region. On the basis of the product type, the
market is segmented into rutile, ilmenite, and
others. Ilmenite is used widely to produce
titanium and titanium dioxide pigment by
converting into synthetic rutile Based on the
application, this market is bifurcated into
titanium metal, pigments, coatings and lining,
welding electrode, and others. By the end-use
industry, this market is divided into aerospace,
healthcare, automotive, and others. Access
Report Details _at_ https//www.marketresearchfuture.
com/reports/titanium-ore-market-5755 Regional
Analysis The global titanium ore market is
geographically divided into five key regions,
which are Asia Pacific, North America, Europe,
Latin America, and Middle East Africa. The Asia
Pacific is leading the global market owing to the
increasing demand from the aerospace industry in
this region. Countries namely India, China, and
Japan are the major markets in this region owing
to the surging demand from the aerospace and
marine industries. For instance, According to
CII (Confederation of Indian Industry), Indian
Air Force (IAF) will be spending about the USD
150 billion on aircraft and aero engine in the
next 15 years and is expected to grow by 10-15
every year. Rising disposable income and changing
lifestyle in developing economies such as India
and China are expected to drive the automotive
industry. Additionally, beach mining in India
is likely to boost the market growth. North
America is the second most significant region in
this market. The U.S. and Canada are the leading
markets due to the vast presence of ilmenite
deposits. Well-established aerospace and
automotive industry are also expected to drive
the market growth in North America. Europe is
another substantial region owing to rising demand
for pigments by packaging and automotive sector.
5Titanium Ore Market - 2023
Competitive Analysis Some of the key players in
the titanium ore market are V.V Minerals (India),
Chemours (U.S.), Iluka Resource Limited Royalty
Minerals (India), Shanghai Yuejiang Titanium
Chemical Manufacturer Co., Ltd (China), Yucheng
Jinhe Industrial Co., Ltd (China), Hatch Ltd
(Canada), Iluka Resource Limited (Australia),
Tronox Limited (U.S.), Trimex Sands PVT Ltd
(India), Stork Group (India), Cosmos Electrodes
PVT Ltd (India). TABLE OF CONTENTS 1 Executive
Summary 2 Scope Of The Report 3 Market Research
Printing Methodology 4 Market Landscape 5
Industry Overview Of Global Titanium Ore Market 6
Market Trends 7. Global Titanium Ore Market By
Type 8. Global Titanium Ore Market By
Application 9. Global Titanium Ore Market By End
Use Industry 10. Global Titanium Ore Market By
Region 11. Company Landscape 12. Company
Profiles 13. Conclusion
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