tio2 used in rubber manufacturers

Titanium oxide rutile, a naturally occurring mineral form of titanium dioxide (TiO2), is highly valued for its exceptional chemical stability, excellent refractive index, and remarkable ability to withstand high temperatures. These properties make it an indispensable material in various industries ranging from paints and coatings to advanced ceramics and even in solar cells. The demand for titanium oxide rutile has spurred the growth of numerous manufacturers dedicated to producing high-quality TiO2 products.

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The titanium dioxide market fluctuated in the first two quarters of 2023. These pricing patterns resulted from poor demand and reduced intakes from the downstream industries. Amid the slow demand, the manufacturers were forced to reduce their outputs. With rising inflation rates, production cuts gradually increased. Given the economic downturn, the labor strikes further affected the market dynamics, thereby exerting pressure on the pricing fundamentals.

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