titanium dioxide 298 manufacturers

The price trendss for titanium dioxide kept on the lower side of the scale during the first half of 2023. As the paint and coatings industries reduced their offtakes,  the abundant supply of the product in the market led to a fall in prices. The prices also suffered from falling energy costs and declining freight charges. Further, the rising speculations of a global recession caused manufacturers to participate actively in destocking.

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In the paint industry, titanium dioxide serves as a critical component due to its excellent hiding power and durability. It enhances the coverage of paints and protects substrates from UV damage, extending the lifespan of coatings. In plastics, it not only provides color but also improves the strength and stability of the final product. In paper manufacturing, titanium dioxide contributes to higher opacity and printability, resulting in superior graphic arts products.

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