Global Nature Rutile Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030
Description
Global Nature Rutile Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030
Nature Rutile is a mineral whose main component is titanium dioxide. It forms red to reddish brown, hard, brilliant metallic, slender crystals, often completely surrounded by other minerals.
Market Overview:
The latest research study on the global Nature Rutile market finds that the global Nature Rutile market reached a value of USD 906.01 million in 2023. It’s expected that the market will achieve USD 966.31 million by 2029, exhibiting a CAGR of 1.08% during the forecast period.
Sustainability in the mining industry
The mining industry provides energy and raw materials for the development of other industries and economies of the national economy. In recent years, as the global economy has entered a new normal and the society has called for the construction of a resource-saving society, the mining industry, as a basic industry supporting the national economy, must enter a period of deep adjustment, and it is necessary to pay attention to the rational exploitation of mineral resources while pursuing economic interests, so as to achieve its own sustainable development. In response to the problems existing in the mining industry, in recent years, various national governments or relevant departments have issued a series of policies and guidelines to guide the standardized, green and sustainable development of the mining industry. At the international level, ESG requirements in some countries have gradually changed from loose guidelines to mandatory regulations, and ESG reporting has become an obligation that mining companies must comply with. Many national government agencies and non-profit associations are also aware of and beginning to grasp the opportunities for sustainable development by issuing research reports and policy guidelines to participate in the sustainable development of the mining industry.
Region Overview:
Asia Pacific is projected to account for a considerable share of the Nature Rutile market and is expected to become the largest region by 2028.
Company Overview:
Tronox is one of the major players operating in the Nature Rutile market.
Tronox mines and processes titanium ore, zircon and other materials and manufactures titanium dioxide pigment, specialty titanium dioxide products and high-purity titanium chemicals. Tronox’s products add brightness and durability to paints, coatings, inks, plastics, paper and a vast array of everyday items.
Segmentation Overview:
By type, High Grade segment accounted for the largest share of market in 2022.
According to the titanium dioxide content, the titanium dioxide content of more than 92% is called high grade rutile, and the carbon dioxide content of less than 92% is called low grade rutile.
Application Overview:
By application, the TiO2 Pigmentsegment occupied the biggest share from 2018 to 2022.
Natural rutile is one of the main sources of titanium, mainly used for titanium dioxide pigments, titanium welding and titanium metal manufacturing. Titanium dioxide pigment is mainly used as white pigment. Titanium welding is mainly used in welding electrode field; Titanium metal manufacturing is mainly used for the production of titanium materials, such as titanium sponge, titanium ingot, metal titanium and so on.
Key Companies in the global Nature Rutile market covered in Chapter 3:
Rio Tinto
Tronox Limited
Sierra Rutile Limited
V.V Mineral
Iluka Resources Limited(Exclude Sierra Rutile)
Base Resources
In Chapter 4 and Chapter 14.2, on the basis of types, the Nature Rutile market from 2019 to 2030 is primarily split into:
High Grade
Low Grade
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Nature Rutile market from 2019 to 2030 covers:
TiO2 Pigment
Welding Flux
Titanium Metal Manufacturing
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
Table of Contents
106 Pages
- Chapter 1 Market Definition and Statistical Scope
- Chapter 2 Research Findings and Conclusion
- Chapter 3 Key Companies’ Profile
- Chapter 4 Global Nature Rutile Market Segmented by Type
- Chapter 5 Global Nature Rutile Market Segmented by Downstream Industry
- Chapter 6 Nature Rutile Industry Chain Analysis
- Chapter 7 The Development and Dynamics of Nature Rutile Market
- Chapter 8 Global Nature Rutile Market Segmented by Geography
- Chapter 9 North America
- Chapter 10 Europe
- Chapter 11 Asia Pacific
- Chapter 12 Latin America
- Chapter 13 Middle East & Africa
- Chapter 14 Global Nature Rutile Market Forecast by Geography, Type, and Downstream Industry 2024-2030
- Chapter 15 Appendix
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