inorganic chemical industry inorganic salt titanium dioxide cas: 13463-67-7

A paint pigment factory is a bustling hub of precision and innovation, where the journey from mineral or chemical compound to finished product is a testament to human ingenuity. The primary function of these factories is to extract, refine, and blend pigments, which are the substances responsible for giving paint its color. These pigments can be natural, derived from sources like clay, earth, or plants, or synthetic, created through chemical processes.

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In recent years, the titanium dioxide industry has experienced significant price fluctuations due to changes in supply and demand dynamics. The COVID-19 pandemic has further exacerbated these challenges, leading to disruptions in the supply chain and increased production costs. As a result, suppliers have had to adjust their pricing strategies to remain competitive while maintaining profitability.

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According to data released by the China Coatings Industry Association, the total production of China's coatings industry has increased from 12.72 million tons in 2012 to 24.388 million tons in 2019, with a compound annual growth rate of 9.7%. Coatings, as an intermediate commodity, are closely related to downstream consumer markets such as the automotive industry, real estate, infrastructure, and home furnishings.

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