The distribution of demand and consumption of titanium dioxide is closely related to the geographical location of the industry.China, as an industrial powerhouse, its consumes are nearly 34% of the world’s titanium dioxide consumer market. With the development of China’s titanium dioxide industry in recent years, its output has also reached nearly two-thirds of the world’s output, therefore, China is also the world’s exporter of titanium dioxide. Europe (19.5%) and North America (15.9%) ranked second and third, respectively.
The global titanium dioxide market will continue to grow at an average annual rate of 3.5% from 2014 to 2019, with Asia taking the lead in China as a major driver of the increase in consumption. Asia’s average annual growth rate is 5% during the period.
At the same time, titanium dioxide market will be further integrated, M & A activity will further reduce the number of producers. The price of the market is expected to continue rise.
As of 2019, the global titanium dioxide market will continue to grow at an average annual rate of 3.5%.
This is our new quote price of titanium dioxide:
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