tio2 safety

The second quarter of 2022 saw mixed market sentiments for titanium dioxide prices. Due to demands, constrained supply and ineffective production capacity brought on by the stretched supply chain, labour shortage, and high energy prices, the production of the chemical increased in Q2 of 2022. Moreover, the US Federal Reserve's tight monetary policy and high interest rates worsened the domestic trade picture, which at quarter's conclusion supported titanium dioxide's unfavourable market views.

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In recent years, China's production of talc and titanium dioxide has increased significantly, making it one of the world's largest producers of these minerals. According to the US Geological Survey, China produced approximately 2.5 million metric tons of talc and 2.4 million metric tons of titanium dioxide in 2019 alone. This growth can be attributed to the country's vast reserves of these minerals, as well as government initiatives aimed at boosting domestic production and reducing reliance on imports.

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