Titanium dioxide (TiO2) is a poorly soluble white inorganic non-flammable metal oxide of titanium, sourced from ilmenite, rutile, and anatase. Zircon is the co-product of mining from ilmenite and rutile deposits and is the another resource utilized in the manufacturing TiO2. The global titanium dioxide market is growing significantly owing to its increasing use in end-use industries such as paints & coatings and cosmetics.

Various applications of TiO2 include paints & coatings, plastics, paper & pulp, cosmetics and others such as printing inks, rubber and chemical fibers. The product is incorporated in the paints & coatings industry and can optimize light scattering and white opacity. In polymers, the product reduces the fading and cracking, thus minimizing degradation of the system. TiO2 nanomaterials are transparent UV absorbers used as a protective material.

TiO2 is used as a dispersing agent, flocculent, and whitening agent in paints & coatings industry. In automotive coatings, the product is used as a dispersive agent with maximum gloss retention and high chalk resistance. Rising focus on the automobile industry in China, India, and Japan is expected to augment the market over the forecast period.