Titanium Dioxide Prices, Demand, Historical and Forecast Data

Titanium Dioxide Price in USA

 

  • United States: 2485 USD/MT

 

In the fourh quarter of 2023, product prices in the US were erratic. The first half of the quarter saw increased inquiries from the downstream paints and coatings industries, driving prices upward.

The latest report by IMARC Group, titled “Titanium Dioxide Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of Titanium Dioxide Prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

Titanium Dioxide Price Analysis:

  • Japan: 3145 USD/MT
  • Belgium: 3385 USD/MT
  • Brazil: 2095 USD/MT

Report Offering:

  • Monthly Updates: Annual Subscription
  • Quarterly Updates: Annual Subscription
  • Biannually Updates: Annual Subscription

 

The study delves into the factors affecting titanium dioxide price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report:  https://www.imarcgroup.com/titanium-dioxide-pricing-report/requestsample

Titanium Dioxide Price – Last Quarter

The titanium dioxide (TiO2) market is primarily driven by its extensive use as a white pigment in various industries, including paints and coatings, plastics, paper, and cosmetics. In the paints and coatings industry, TiO2 is valued for its high refractive index, which provides excellent opacity and brightness, enhancing the coverage and durability of paints. The growing demand for residential and commercial construction, along with the renovation activities globally, significantly contributes to the increased consumption of TiO2 in this sector.

In plastics and paper, TiO2 is used to improve the whiteness, brightness, and opacity of products, which is crucial for consumer packaging and printing applications. Additionally, the cosmetics industry leverages TiO2 for its UV-blocking properties, making it a critical ingredient in sunscreens and other skincare products. The rising consumer awareness about skin protection and the increasing regulatory emphasis on sun safety drive the demand for TiO2 in these applications. Furthermore, the market benefits from ongoing innovations, such as the development of nano-sized TiO2 particles for advanced applications in electronics and environmental catalysts.

Titanium Dioxide Industry Analysis

The second quarter of 2024 has been marked by a declining trend in titanium dioxide prices across the North American region. This decline is primarily caused by several important variables. The main factor has been the lackluster demand from the downstream construction industry, which has historically been titanium dioxide’s biggest user and has not shown many indications of revival.

Due to manufacturers’ continued overproduction above market demands, there is currently an oversupply issue because of the weak demand. Furthermore, market confidence has been further depressed by uncertainty surrounding the global economy, including worries about slower growth and monetary tightening by central banks.

The Asia Pacific market for titanium dioxide (Ti02) had a noticeable decline in price in Q2 2024, due to a variety of factors. A strong sense of pessimism pervaded the quarter, mainly due to modest demand from downstream sectors such as coatings and construction.

When combined with stable raw material costs, an excess of titanium dioxide created a negative pricing situation in the market. Furthermore, logistical issues including increasing freight costs and port congestion put additional pressure on the Titanium Dioxide market fundamentals.

The European market for titanium dioxide saw a bearish trend in Q2 2024, with prices steadily falling. The construction and automobile industries’ sluggish demand, which was made worse by the manufacturing sector’s financial difficulties, was the main cause of the decline. Sluggish procurement volumes characterized this quarter as market activity was restrained by high finance costs and economic concerns.

The declining prices were also influenced by lower supply from upstream raw materials like titanium ore. Several issues, such as ongoing inflationary pressures and labor shortages in the construction sector, combined to create a generally unfavorable sentiment in the titanium dioxide market.

Regional Price Analysis:

  • Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
  • Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
  • North America: United States and Canada
  • Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
  • Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

 The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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