Consumption of TiO2 in India Increasing by 9-10% Annually
www.cnchemicals.com Time:2013-05-31 Sources of information:www.cnchemicals.com
India becomes one of the most prospective markets for titanium dioxide. The demand for it is estimated at the level of 150,000 tons annually. Every year the consumption rises for about 9-10%.
About 70% of the titanium doxide demand in India is satisfied by import deliveries, though the country has one of the world's largest deposits of ilmenite and rutile. Ilmenite and rutile are minerals, which contains titanium dioxide and are used for it commercial production.
According to the report "Titanium Dioxide Market in India: Business Report 2012' prepared by BAC and recently published by TD The Market Publishers, Ltd, with 85 million tons of ilmenite reserves India has the third largest ilmenite deposits after China and Australia. The reserves for rutile account for 7.4 million tons. It is 17.6% of the total world deposits.
The report finds that obtaining such huge reserves India produces relatively low amount of titanium dioxide. India has mines of ilmenite in Kerala, Tamil Nadu, Andhra Pradesh, and Orissa. But large quantity of ilmenite is presently exported, without converting it into value added product as titanium dioxide.
In 2010 the consumption of ilmenite in India reached 268,183 tons, 83% of which was used for manufacturing of synthetic rutile, followed by pigment industry (production of TiO2) – 14%.
The mine production of ilmenite in India accounted for 550 000 tons in 2010.
Our statement about the copyright and responsibility:
Please add the source of "www.china-tio2.net" if you reproduce the original article from our website. And in order to respect the hard work of the author, please add the author''s name if it appears in the article. We will investigate the legal liability of those who violate the above statement. We are not responsible for the views and authenticity of the articles which we reproduced from other media because our aim of reproduction is to deliver more information to the readers. If you have problems about the articles'' content, copyright or others, please send email to chinatio2@yeah.net or call us at +86-21-32513560.