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In conclusion, industrial grade titanium dioxide is a versatile and essential substance that is used in a wide range of industries. As one of the leading manufacturers of titanium dioxide, we are committed to producing high-quality products that meet the needs of our customers and provide exceptional performance in their applications. With our advanced manufacturing processes, sustainable practices, and dedication to customer service, we are proud to be a trusted partner for manufacturers around the world.
The paints and coatings industry reduced their offtakes which coupled with the drop in the crude oil prices and availability of cheaper imports from the Asian market led to the fall in titanium dioxide prices. The demand decreased significantly in the fourth quarter along with the slow manufacturing due to high inflation rates keeping the price trends of the commodity in the negative zone.
Even though it is one of the most-produced chemicals, the real and potential benefits of titanium dioxide are not without controversies. Dust inhalation may cause breathing problems. Titanium dioxide has been classified by the International Agency for Research on Cancer as an Group 2B carcinogen, a “possible carcinogen to humans,” based on studies of rats that inhaled the substance.
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