Thursday, November 29, 2012

The emerging titanium dioxide market


Titanium dioxide, also known as titanium (IV) oxide or titania, is the naturally occurring oxide of titanium, chemical formula TiO2. When used as a pigment, it is called titanium white. It has a wide range of applications, from paint to sunscreen to food colouring.
There is much industrial application for this mineral. For one thing, it has very high refraction properties. In fact, titanium dioxide is one of the whitest materials known to exist on Earth, which has earned it the nickname "titanium white." For this reason, it is often applied in many cosmetic preparations to reflect light away from the skin. It is also a major component of sun block to deter the absorption of ultraviolet (UV) rays from the sun, and the concentration of it determines the product’s Sun Protection Factor, or SPF.
As a pigment, titanium dioxide is used to enhance the whiteness of certain foods, such as dairy products and candy. It also lends brightness to toothpaste and some medications. Besides, it is also used as a food additive and flavor enhancer in a variety of foods that are not so white, including dried vegetables, nuts, seeds, soups, and mustard, as well as beer and wine.
In recent years, the price of energy and raw material increases, meanwhile titanium dioxide market in developed countries has entered a mature period, and thus the possibility of increasing production by means of investment is not very big. It is estimated that in the next years, the average annual growth rate will be only 1.4%. That makes the transnational corporations place the hope of future development of titanium dioxide in Asia, especially China.
Titanium Dioxide China Monthly Report is published by CCM. This China TiO2 Monthly Report is mainly divided into five parts referred to Supply & Demand, Company Dynamics, Upstream, Downstream and Price Update, including information of new launch, company expansion, value chain analysis, price fluctuation, etc. If your business is connected with TiO2, the report will be very useful for you as it can facilitate your search for commercial opportunities in this promising market. If you are interested in this report, please feel free to contact us.

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