titanium dioxide in water factories

However, the market could not sustain these high prices and strived for equilibrium, causing the prices to fall. Further, after the complete removal of restrictions, the factories churned out products at a much faster pace than the market offtakes. Hence, the manufacturers reduced their quotations to maintain positive product movement in the market. The spot prices of titanium dioxide averaged around 2264 USD/MT in June’23 in the Chinese market.

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One of the primary factors supporting the growth of the wholesale titanium dioxide market is its versatility. Used in a wide variety of applications, such as paints, plastics, coatings, and paper products, demand for titanium dioxide remains robust across various sectors. The increasing demand for architectural and industrial paints, coupled with the ongoing innovations in the plastic industry, have bolstered demand for this versatile white pigment.

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