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Titanium dioxide prices varied across the Asia-Pacific region in this quarter. The supply disruption caused by Russia's invasion of Ukraine made the supply of the feedstock titanium concentrate even more problematic, and in the first half of the second quarter, a bullish market outlook prevailed. The decline in TiO2 market values in India has also been backed by a decline in demand from downstream industries like automotive and construction.

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Suppliers also offer custom formulations of titanium dioxide tailored to specific applications. Surface treatments can be applied to modify the material's properties, enhancing its dispersibility in plastics or increasing its UV absorption capabilities in sunscreens. This level of customization requires close collaboration between suppliers and their industrial customers to ensure that the final product meets the desired performance criteria.

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