Rutile Market Report

Rutile Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies, and Forecasts, 2015 To 2022

Format: PDF  |  Report ID: GVR2015

Global rutile market is expected to be highly driven by growing automotive market over the forecast period. Rutile is a mineral which act as a titanium source. It occurs in various colors such as yellow, black, transparent, golden, opaque material and reddish depending upon its sources. Rutile has structure like tetragonal crystal having two four sided prism. It is mainly found with other minerals namely quartz and with several gem stones such as star sapphire. Rutile is also responsible for asterism effect present in gem stones. It can be obtained in both natural and synthetic ways. Natural rutile has huge availability globally while synthetic rutile can be contrived from ilmenite which is a mineral type used in titanium and titanium dioxide production. Chloride process and sulfate process are the major rutile processing methods widely used in the global environment. Sulfate process is majorly used for rutile processing over other methods. In this process, sulfuric acid is used to react with rutile which gives titanium with some unwanted substance as residue. Dominant rutile application is titanium extraction owing to which rutile demand is majorly dependent on the titanium metal coupled with titanium dioxide demand. Therefore, this trend is expected to drive global rutile demand over the forecast period. Huge titanium oxide demand from various end use industries such as construction, automotive, packaging and electronics is expected to further propel the global rutile market growth over the forecast period.  Titanium metal and oxide production using rutile processing results into hazardous waste generation which further results into waste disposal problems and severe environmental effects. The problem is expected to restrain global rutile market over the forecast period. In addition, noxious waste from titanium metal and oxide production forces regional regulatory bodies such as EPA and REACH to limit or control rutile use by complying stringent standards. Such factor is expected to further limit global rutile market.

Global rutile market is segmented on the basis of application and availability. Application segment is further sub segmented into plastics & papers, paints, automotive and coatings. Major application industry holding major share is automotive industry. Availability segment is further classified as natural rutile and synthetic rutile. Synthetic rutile sub segment is further categorized on the sources basis such as ilmenite. More than majority of titanium is present in ilmenite and is processed in order to remove unwanted substance present in it. Synthetic rutile is preferred over natural rutile on account of huge titanium concentration.

Asia Pacific was the dominating region with maximum rutile market share and is expected to continue this trend over the forecast period. Emerging economies such as China and India on account of huge industrial investments and increasing disposable income are expected to augment regional rutile market growth over the forecast period. Developing economies namely Middle East & Africa coupled with Central & South America are expected to be giant opportunity for rutile market over the forecast period. Slow growth rate is expected in North America and Europe owing to stringent government regulations by EPA and REACH.

Key players involved in global rutile market are Jiangxi Jinshibao Mining Machinery Manufacturing Co., Ltd., Abbott Blackstone, Yucheng Jinhe Industrial Co., Ltd., and Shanghai Yuejiang Titanium Chemical Manufacturer Co. Rutile market is highly fragmented in nature owing to which companies are facing huge competitiveness among each other. Industry participants are expected to face environmental challenge such as need to reduce the environmental impacts associated with rutile processing by reducing its toxicity level. In order to overcome the challenge, companies are expected to focus on research and development related activities which are expected to increase the global market share and strengthen their global network. 

 

Key questions answered by the report
Request for Customization

Choose License Type:

Single User - $4,950
Multi User - $7,950
Enterprise User - $9,950

Special Pricing & Discounts

Avail customized purchase options to meet your research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert. Request for a free product review before report purchase.

  • Custom research service

    Custom research service

    Speak to the report author to design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service excellence represented in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • BOA