Global Ilmenite Market Growth 2025-2031
Description
The global Ilmenite market size is predicted to grow from US$ 1216 million in 2025 to US$ 1696 million in 2031; it is expected to grow at a CAGR of 5.7% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Ilmenite is a titanium-iron oxide mineral with the chemical formula FeTiO₃. It is an opaque, black or dark gray mineral that belongs to the orthorhombic crystal system.
The global titanium raw material supply pattern is highly concentrated, and we need to focus on the short-term trends and medium- and long-term plans of the leading mining companies. According to TZMI and Eramet data in 2023, the world's top nine titanium raw material producers account for more than 50% of the total output, including Rio Tinto, Pangang Group, Tronox, Longbai Group, Kenmare, etc. Except Longbai and Pangang, the rest are leading overseas mining giants. In the next few years, the supply of titanium ore from these leading companies and the operating conditions of their mining projects will be the key to influencing global supply. As an upstream link in the industrial chain, titanium ore has significant resource attributes. The titanium industry is mainly divided into two branches: one is the titanium dioxide industry, which starts from ilmenite/rutile mining and is made into titanium dioxide through chemical processing, and is finally used in coatings, plastics, papermaking and other industries; the other is the titanium materials industry, which also starts from ilmenite/rutile mining and produces sponge titanium in the middle reaches, and then processed into various titanium metal products, serving the fields of aerospace, navigation, chemical industry and civil use.
LP Information, Inc. (LPI) ' newest research report, the “Ilmenite Industry Forecast” looks at past sales and reviews total world Ilmenite sales in 2024, providing a comprehensive analysis by region and market sector of projected Ilmenite sales for 2025 through 2031. With Ilmenite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ilmenite industry.
This Insight Report provides a comprehensive analysis of the global Ilmenite landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ilmenite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ilmenite market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ilmenite and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ilmenite.
This report presents a comprehensive overview, market shares, and growth opportunities of Ilmenite market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Steel Grey
Iron Black
Segmentation by Application:
Titanium Dioxide Material
Titanium Metal Material
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Rio Tinto
TiZir Ltd
VV Minerals
TRIMEX
Industrial Mineral Co
Saraf Agencies Private Limited
Monokem
Iluka Resources
Lomon
Kenmare Resources
Tronox
Exxaro Resources
Base Resources
Sheffield Resources
Image Resources
Sichuan Anning Iron and Titanium
Sierra Rutile
Eramet
Key Questions Addressed in this Report
What is the 10-year outlook for the global Ilmenite market?
What factors are driving Ilmenite market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ilmenite market opportunities vary by end market size?
How does Ilmenite break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Ilmenite is a titanium-iron oxide mineral with the chemical formula FeTiO₃. It is an opaque, black or dark gray mineral that belongs to the orthorhombic crystal system.
The global titanium raw material supply pattern is highly concentrated, and we need to focus on the short-term trends and medium- and long-term plans of the leading mining companies. According to TZMI and Eramet data in 2023, the world's top nine titanium raw material producers account for more than 50% of the total output, including Rio Tinto, Pangang Group, Tronox, Longbai Group, Kenmare, etc. Except Longbai and Pangang, the rest are leading overseas mining giants. In the next few years, the supply of titanium ore from these leading companies and the operating conditions of their mining projects will be the key to influencing global supply. As an upstream link in the industrial chain, titanium ore has significant resource attributes. The titanium industry is mainly divided into two branches: one is the titanium dioxide industry, which starts from ilmenite/rutile mining and is made into titanium dioxide through chemical processing, and is finally used in coatings, plastics, papermaking and other industries; the other is the titanium materials industry, which also starts from ilmenite/rutile mining and produces sponge titanium in the middle reaches, and then processed into various titanium metal products, serving the fields of aerospace, navigation, chemical industry and civil use.
LP Information, Inc. (LPI) ' newest research report, the “Ilmenite Industry Forecast” looks at past sales and reviews total world Ilmenite sales in 2024, providing a comprehensive analysis by region and market sector of projected Ilmenite sales for 2025 through 2031. With Ilmenite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ilmenite industry.
This Insight Report provides a comprehensive analysis of the global Ilmenite landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ilmenite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ilmenite market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ilmenite and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ilmenite.
This report presents a comprehensive overview, market shares, and growth opportunities of Ilmenite market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Steel Grey
Iron Black
Segmentation by Application:
Titanium Dioxide Material
Titanium Metal Material
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Rio Tinto
TiZir Ltd
VV Minerals
TRIMEX
Industrial Mineral Co
Saraf Agencies Private Limited
Monokem
Iluka Resources
Lomon
Kenmare Resources
Tronox
Exxaro Resources
Base Resources
Sheffield Resources
Image Resources
Sichuan Anning Iron and Titanium
Sierra Rutile
Eramet
Key Questions Addressed in this Report
What is the 10-year outlook for the global Ilmenite market?
What factors are driving Ilmenite market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ilmenite market opportunities vary by end market size?
How does Ilmenite break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
140 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Ilmenite by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Ilmenite by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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