Chemical Week Magazine :: Product Focus
11:34 AM MST | February 20, 2009
Prices U.S.: $2,450-$2,510/m.t. Outlook The global $10.2-billion titanium dioxide (TiO2) market reached 5.1 million m.t. in 2008, says SRI Consulting (SRIC; Menlo Park, CA). Demand is expected to grow at 4.1%/year, to hit 6.3 million m.t. by 2013. Asia accounted for 80% of growth last year, and China, 50% of that. Demand in China is expected to rise by about 8.5%/year, SRIC says. North American and Western European demand is decreasing, due largely to significant decreases in the paper and paint industries, SRIC says. Global demand will rise about 6%/year for...
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