Titanium dioxide prices in the Asian market skyrocketed due to high demand and limited stock availability. Prices in the Chinese market surged significantly, reaching 2875 USD /MT at the end of March, well above the USD 2015/MT level in January 2021.
Titanium dioxide is an important chemical compound that is widely used in various applications, including paint, cosmetics, sunscreens, and food coloring. As the demand for this versatile substance continues to grow, the role of titanium dioxide manufacturers becomes crucial in ensuring a stable supply for industries around the world.
In addition to UV resistance, anatase titanium dioxide is also known for its chemical stability. This means that coatings made with this ingredient are less likely to break down or react with other substances, leading to a longer-lasting finish. This is especially important in industries where coatings are subjected to harsh conditions or frequent exposure to chemicals.
