Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Titanium Minerals Market by Type (Titanium Concentrate, Titanium Tetrachloride, Titanium Sponge, Ferrotitanium, Others), By Application (Defense, Metal Finishing, Medical, Consumer Products) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Titanium Minerals Market by Type (Titanium Concentrate, Titanium Tetrachloride, Titanium Sponge, Ferrotitanium, Others), By Application (Defense, Metal Finishing, Medical, Consumer Products) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 275976 4200 Chemical & Material 377 166 Pages 4.8 (36)
                                          

Market Overview:


The global titanium minerals market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market was valued at US$ 7,811.0 Mn in 2017 and is projected to reach US$ 13,746.4 Mn by 2030. Titanium minerals are used in various applications such as defense, metal finishing, medical and consumer products among others. The growth of the global titanium minerals market can be attributed to the increasing demand for titanium dioxide (TiO2) in paints & coatings and plastics industries across the globe. Based on type, the global titanium minerals market has been segmented into titanium concentrate, titanium tetrachloride (TiCl4), titanium sponge, ferrotitanium and others. Titanium concentrate held a major share of the global TiO2 pigment market in 2017 owing to its low cost as compared to other forms of TiO2 pigments such as TiCl4 and sponge form of titania . However , with increase use o f high-quality rutile ore for production o f synthetic rutile , th ere is an increas ing trend towards conversion o f concentrates int o higher-grade ti tanium products . This would lead t o an increasin g demand for ti tanium concentrates over th e forecast period .


Global Titanium Minerals Industry Outlook


Product Definition:


Titanium minerals are a group of minerals that contain the element titanium. Titanium is a transition metal with a silver-white color and is found in several mineral forms including ilmenite, rutile, and anatase. These minerals have a variety of uses including as pigment, in steelmaking, and in various medical applications.


Titanium Concentrate:


Titanium concentrates are a commercial form of titanium dioxide, which is produced from the reduction of hexachloroplatinate. It consists of 6% to 20% content of the element by weight and has a high refractive index. Titanium dioxide can be divided into anatase, brookite, and rutile types on the basis of their appearance as well as properties.


Titanium Tetrachloride:


Titanium tetrachloride is a chemical compound of titanium and four chlorine. It is a highly toxic, odorless, tasteless liquid that dissolves in water and alcohol. The major application of the chemical is to extract titanium from its ore's by using an electrolytic cell which involves charging the cell with Cl2 gas produced from hydrochloric acid (HCL) solution.


Application Insights:


The market is segmented by application into defense, metal finishing, medical, consumer products and others. The defense application dominated the overall industry in terms of revenue share in 2017. Titanium minerals are used for manufacturing aircraft components including landing gear doors, control surfaces on the wings and fuselage as well as jet engine components that operate at high temperatures.


Demand from aerospace & defense applications is projected to witness a CAGR of XX% from 2018 to 2030 owing to increasing military spending across countries such as China India and U.S., which is likely to propel product demand over the forecast period. Rising importance of titanium for manufacturing lightweight yet strong aircraft parts coupled with growing aviation sector will drive demand over next seven years particularly in Asia Pacific region where most of titanium production goes towards meeting this requirement thereby driving regional market growth significantly during this period.


Regional Analysis:


Asia Pacific dominated the global titanium minerals market in 2017 and accounted for over 45% of the total revenue share. The region is expected to witness significant growth on account of rising demand from various end-use industries, such as automotive, aerospace & defense, construction, consumer goods and others.


The presence of major automobile manufacturers in China has resulted in high product demand from both primary and secondary sectors including ancillary parts such as fasteners, engine covers/bonnets/hoods/seats etc. Rising investments by these companies to develop advanced vehicles with enhanced features are likely to propel industry expansion over the forecast period.


Europe was estimated at USD X million in 2017 owing to high consumption levels coupled with growing applications sector mainly metal finishing which includes surface treatment products like chromium plating solution for industrial machinery.


Growth Factors:


  • Increasing demand from end-use industries such as construction, automotive and aerospace due to its high strength-to-weight ratio and corrosion resistance properties.
  • Rising production of titanium dioxide in China and other countries owing to the growing demand for pigments in various applications such as paints, plastics and coatings.
  • Growing popularity of titanium alloys in the medical industry for implants, prostheses and other surgical applications due to their biocompatibility properties.
  • Technological advancements that have led to the development of new grades of titanium minerals with enhanced properties for specific applications.

Scope Of The Report

Report Attributes

Report Details

Report Title

Titanium Minerals Market Research Report

By Type

Titanium Concentrate, Titanium Tetrachloride, Titanium Sponge, Ferrotitanium, Others

By Application

Defense, Metal Finishing, Medical, Consumer Products

By Companies

Huntsman International (U.S), DuPont (U.S), Ineos (Switzerland), Iluka Resources Ltd (Australia), Sumitomo Corporation (Japan), VSMPO-AVISMA Corporation (Russia), Toho Titanium Co., Ltd (Japan), RTI International Metals (U.S), Indian Rare Earths Limited (India), Sierra Rutile Limited (U.K), TiZir Limited (U.K), Cristal Global (Saudia Arabia)

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

166

Number of Tables & Figures

117

Customization Available

Yes, the report can be customized as per your need.


Global Titanium Minerals Market Report Segments:

The global Titanium Minerals market is segmented on the basis of:

Types

Titanium Concentrate, Titanium Tetrachloride, Titanium Sponge, Ferrotitanium, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Defense, Metal Finishing, Medical, Consumer Products

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Huntsman International (U.S)
  2. DuPont (U.S)
  3. Ineos (Switzerland)
  4. Iluka Resources Ltd (Australia)
  5. Sumitomo Corporation (Japan)
  6. VSMPO-AVISMA Corporation (Russia)
  7. Toho Titanium Co., Ltd (Japan)
  8. RTI International Metals (U.S)
  9. Indian Rare Earths Limited (India)
  10. Sierra Rutile Limited (U.K)
  11. TiZir Limited (U.K)
  12. Cristal Global (Saudia Arabia)

Global Titanium Minerals Market Overview


Highlights of The Titanium Minerals Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Titanium Concentrate
    2. Titanium Tetrachloride
    3. Titanium Sponge
    4. Ferrotitanium
    5. Others
  1. By Application:

    1. Defense
    2. Metal Finishing
    3. Medical
    4. Consumer Products
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Titanium Minerals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Titanium Minerals Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Titanium minerals are a group of minerals that contain titanium. Titanium is a metal that is strong and lightweight, making it ideal for use in various products. Some common titanium minerals include titanium dioxide, titanite, and titania.

Some of the major companies in the titanium minerals market are Huntsman International (U.S), DuPont (U.S), Ineos (Switzerland), Iluka Resources Ltd (Australia), Sumitomo Corporation (Japan), VSMPO-AVISMA Corporation (Russia), Toho Titanium Co., Ltd (Japan), RTI International Metals (U.S), Indian Rare Earths Limited (India), Sierra Rutile Limited (U.K), TiZir Limited (U.K), Cristal Global (Saudia Arabia).

The titanium minerals market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Titanium Minerals Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Titanium Minerals Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Titanium Minerals Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Titanium Minerals Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Titanium Minerals Market Size & Forecast, 2018-2028       4.5.1 Titanium Minerals Market Size and Y-o-Y Growth       4.5.2 Titanium Minerals Market Absolute $ Opportunity

Chapter 5 Global Titanium Minerals Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Titanium Minerals Market Size Forecast by Type
      5.2.1 Titanium Concentrate
      5.2.2 Titanium Tetrachloride
      5.2.3 Titanium Sponge
      5.2.4 Ferrotitanium
      5.2.5 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Titanium Minerals Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Titanium Minerals Market Size Forecast by Applications
      6.2.1 Defense
      6.2.2 Metal Finishing
      6.2.3 Medical
      6.2.4 Consumer Products
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Titanium Minerals Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Titanium Minerals Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Titanium Minerals Analysis and Forecast
   9.1 Introduction
   9.2 North America Titanium Minerals Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Titanium Minerals Market Size Forecast by Type
      9.6.1 Titanium Concentrate
      9.6.2 Titanium Tetrachloride
      9.6.3 Titanium Sponge
      9.6.4 Ferrotitanium
      9.6.5 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Titanium Minerals Market Size Forecast by Applications
      9.10.1 Defense
      9.10.2 Metal Finishing
      9.10.3 Medical
      9.10.4 Consumer Products
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Titanium Minerals Analysis and Forecast
   10.1 Introduction
   10.2 Europe Titanium Minerals Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Titanium Minerals Market Size Forecast by Type
      10.6.1 Titanium Concentrate
      10.6.2 Titanium Tetrachloride
      10.6.3 Titanium Sponge
      10.6.4 Ferrotitanium
      10.6.5 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Titanium Minerals Market Size Forecast by Applications
      10.10.1 Defense
      10.10.2 Metal Finishing
      10.10.3 Medical
      10.10.4 Consumer Products
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Titanium Minerals Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Titanium Minerals Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Titanium Minerals Market Size Forecast by Type
      11.6.1 Titanium Concentrate
      11.6.2 Titanium Tetrachloride
      11.6.3 Titanium Sponge
      11.6.4 Ferrotitanium
      11.6.5 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Titanium Minerals Market Size Forecast by Applications
      11.10.1 Defense
      11.10.2 Metal Finishing
      11.10.3 Medical
      11.10.4 Consumer Products
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Titanium Minerals Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Titanium Minerals Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Titanium Minerals Market Size Forecast by Type
      12.6.1 Titanium Concentrate
      12.6.2 Titanium Tetrachloride
      12.6.3 Titanium Sponge
      12.6.4 Ferrotitanium
      12.6.5 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Titanium Minerals Market Size Forecast by Applications
      12.10.1 Defense
      12.10.2 Metal Finishing
      12.10.3 Medical
      12.10.4 Consumer Products
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Titanium Minerals Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Titanium Minerals Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Titanium Minerals Market Size Forecast by Type
      13.6.1 Titanium Concentrate
      13.6.2 Titanium Tetrachloride
      13.6.3 Titanium Sponge
      13.6.4 Ferrotitanium
      13.6.5 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Titanium Minerals Market Size Forecast by Applications
      13.10.1 Defense
      13.10.2 Metal Finishing
      13.10.3 Medical
      13.10.4 Consumer Products
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Titanium Minerals Market: Competitive Dashboard
   14.2 Global Titanium Minerals Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Huntsman International (U.S)
      14.3.2 DuPont (U.S)
      14.3.3 Ineos (Switzerland)
      14.3.4 Iluka Resources Ltd (Australia)
      14.3.5 Sumitomo Corporation (Japan)
      14.3.6 VSMPO-AVISMA Corporation (Russia)
      14.3.7 Toho Titanium Co., Ltd (Japan)
      14.3.8 RTI International Metals (U.S)
      14.3.9 Indian Rare Earths Limited (India)
      14.3.10 Sierra Rutile Limited (U.K)
      14.3.11 TiZir Limited (U.K)
      14.3.12 Cristal Global (Saudia Arabia)

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