tio2 for coating manufacturer

Raw material costs, particularly the price of titanium ore, have a significant impact on the price of titanium dioxide. As the cost of titanium ore rises, manufacturers may pass on these increased costs to consumers, leading to higher prices for titanium dioxide. Additionally, production capacity can also affect the price per ton. When there is excess capacity, manufacturers may compete for market share by lowering prices, which can lead to lower prices for consumers.

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The surge in demand for interior and exterior paints and use of plastic across various end-use industries drive the global Lithopone market. Lithopone white pigment is used in paints and coating systems that find applications in residential and industrial landscapes. Hence, as the construction & building sector flourishes, the demand for building and architectural materials such as paints and coatings will increase. This trend is conducive for the Lithopone market growth. In addition, white plastic materials are increasingly being used in consumer products. Developments in plastic forming technology is anticipated to indirectly boost plastic production, thus, increasing the demand for white pigments during the forecast period.

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