Titanium Dioxide Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020
Titanium dioxide is expected to witness a rise in demand owing to increased use as a specialty coating in automotive and photovoltaic (PV) modules. In addition, growing demand for whitening pigments in paints & coatings industry is expected to fuel market growth over the forecast period. Ilmenite was the major feedstock used for manufacturing titanium dioxide and accounted for over 45% of the total market volume in 2013. Availability of other new feedstock such as rutile, upgraded slag and synthetic rutile is estimated to improve production scenario in the near future.