Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The titanium dioxide market is currently experiencing high costs mainly due to the increase in raw material prices, such as ilmenite and sulfuric acid, despite a slight price decrease in some titanium ore prices. The cost pressures are significant for manufacturers.
• Export markets for titanium dioxide have shown improvement, with a reported increase in exports by 7.68% compared to the previous year. The sulfate process for titanium dioxide production saw a notable increase in exports.
• Downstream demand remains high, which maintains the pressure on titanium dioxide prices despite high production costs. This has led to a firm stance on pricing by producers.

2. Titanium Dioxide Pigment Market Trends