Ilmenite is a mineral and is heavy. It primarily includes iron and titanium dioxide. Plentiful and simple accessibility to llmenite is one of the most vital components that drives the llmenite market. The need for llmenite is greatly reliant on the need for titanium dioxide and titanium metal.
Escalation in the need for titanium dioxide drives the demand for this market. This is prone to continue likewise in the future. Growing GDP also affects the llmenite market in a positive way. Due to production of dangerous wastes, growing involvement of different regulatory organizations has been taking place to control llmenite processing.
This has hindered the growth of the worldwide llmenite market.