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In terms of market dynamics, China’s titanium dioxide industry has witnessed substantial growth over the past decade. The increasing demand from emerging sectors such as new energy sources and high-end manufacturing has propelled the industry forward. However, challenges like overcapacity and intense competition remain. To maintain a leading position, Chinese producers are focusing on improving product quality, expanding into high-value markets, and exploring international opportunities.

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By September, demand in the construction sector had significantly increased; however, resurgent cases of virus hindered the anticipated recovery in demand. However, due to a severe fall in market fundamentals in some end-use areas, its prices had significantly faded by quarter-end. Delays in a number of commercial projects, followed by a poor recovery in the downstream automotive market, were identified as primary causes of the protracted recovery curve.

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The construction industry, for instance, has long utilized cheap barium sulfate superfine as a filler in cement and concrete mixtures. Its high density contributes to increased weight and stability, while its inertness ensures minimal chemical reactions, enhancing the durability of structures. Moreover, in the oil and gas sector, it serves as a weighting agent in drilling fluids, preventing blowouts by adding density to the fluid and stabilizing wellbores.

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