Ceresana Analyzes Global TiO2 Market Along the Entire Value Chain
KONSTANZ, Germany - In its new study, international market research and consultancy company Ceresana, Konstanz, Germany, has analyzed the global market for titanium dioxide (TiO2) along the entire value creation chain: starting with the raw materials ilmenite, leucoxene and rutile to processed products such as titanium slag and synthetic rutile, as well as individual application areas that use TiO2. Market analysts expect the global titanium dioxide market to experience dynamic growth and to reach a volume of about 7.5 million metric tons.
Major consumers of these raw materials are pigment producers located in Asia-Pacific, North America and Western Europe. There are differences in which application areas use what base products; Asia-Pacific mainly processes ilmenite, whereas North America and Western Europe utilize titanium slag that is of a higher quality and more expensive than ilmenite.