Global Titanium Mineral Concentrates Demand to Be on Rise in Future Years, Says Merchant Research & Consulting in its Topical Study

  • Wednesday, January 21, 2015
  • Source:ferro-alloys.com

  • Keywords:titanium concentrates FeTi ferrotitanium
[Fellow]This article was originally distributed via PRWeb. PRWeb, WorldNow and this Site make no warranties or representations in connection therewith.

This article was originally distributed via PRWeb. PRWeb, WorldNow and this Site make no warranties or representations in connection therewith.

Topical research study Titanium Mineral Concentrates: 2014 Market Review and Forecast elaborated by Merchant Research & Consulting Ltd is now available at mcgroup.co.uk. According to the report, the world demand for titanium concentrates is predicted to be on a rising trend in the years ahead.

The largest deposits of ilmenite, which is the most extensively utilised titanium mineral, are located in China; while the largest rutile deposits are concentrated in Australia. China, South Africa and Australia are currently the largest global suppliers of ilmenite.

The new titanium mineral concentrates production capacities are expected to be installed in the upcoming years, given the increasing demand from key downstream sectors. This is expected to propel the growth of the world titanium mineral concentrates production. The ilmenite and rutile markets are anticipated to be fueled by the growing output of TiO2 pigments, the key titanium minerals application sphere.

As of 2013, South Africa was the leading ilmenite producer, accounting for 16.2% of the world production. The country was followed by China, Australia and Canada, which held shares of 14%, 13.8%, 11.3% of the world production, respectively.

Meanwhile, Australia was the largest rutile manufacturer in 2013, holding share of 58.4% of the overall output. South Africa, Sierra Leone and Ukraine were the other largest rutile producers, accounting for 15.6%, 11.7% and 7.8%, respectively.

  • [Editor:Mango]

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