Titanium Dioxide Market Size

Based on market conditions, titanium dioxide trends may differ greatly. An important consideration is the international balance of supply and demand for paints and coatings. In fact, titanium dioxide is an important ingredient in the production of these items. As a result of the urbanization and industrialization sweeping every continent, call for paints not only to shore up infrastructure construction but also paintwork needed by industry have make them ever more popular. This is precisely in line with titanium dioxide's mushrooming demand.
Yet another key factor is the auto industry's development. In automobile coatings, titanium dioxide provides protection against weathering and the sun's ultraviolet rays. As car markets are opened up around the world, and especially in emerging economies like China and India, demand for titanium dioxide naturally increases. So to do high-performance, long wearing coatings sought after by car companies does titanium dioxide.
Another important factor is construction. Architectural paints and coatings have to get their check opacity, brightness & weather resistance from titanium dioxide. In fact, the construction industry has boomed on a world scale and in developing areas. There has been increased demand for coatings of all kinds. Titanium dioxide is needed for infrastructure development, residential building and commercial projects.
Moreover, the sweep of environmental consciousness and tougher regulations have greatly impacted on titanium dioxide. All around the world, many governments and regulatory agencies promote environmentally friendly products or processes. With such a sustainability aim, titanium dioxide is an important ingredient in either water-based or low VOC coatings. Thus, the firms in this market must change their behavior and offer products which can pass stringent environmental tests.
Another important factor in this market is changes in the price of raw m aterials, including titanium feedstock and minerals like ilmenite and rutile. These raw materials in turn determine the availability and price of titanium dioxide. Changes in mining regulations or disruptions to the supply chains.
The titanium dioxide market is also heavily influenced by global economic trends. Also, construction activity and the production of cars and other industrial products will be cut back--things which reduce demand for titanium dioxide. During economic upswings, however, expansions in infrastructure development and manufacturing activity give rise to more demand for titanium dioxide.