Titanium Dioxide Prices In India | |
Over the past month, the market for titanium dioxide B101 in Ahmedabad has witnessed only minor fluctuations, remaining predominantly stable for the majority of days. Titanium dioxide, a crucial component used in interior coatings, paints, plastics, rubber, leather, and various other industries, has maintained its price stability with occasional fluctuations. Today, there has been a marginal decrease in the price of titanium dioxide, with a reduction of Re. 1/kg, bringing the price down from Rs. 171/kg to Rs. 170/kg. This adjustment is attributed to changes in production costs. However, discussions within the market indicate the possibility of future price increases. A closer examination of global market analysis reveals that the demand for titanium dioxide continues to grow steadily. In 2022, the global titanium dioxide market reached a value of USD 20,794.55 million and is projected to expand at a compound annual growth rate (CAGR) of 8.6% during the forecast period, aiming to reach USD 34,108.35 million by 2028. As such, despite the current decrease in price and discussions of potential future increases, the overall trend suggests a growing demand for titanium dioxide on a global scale. Stakeholders in the industry will continue to monitor market dynamics closely and adjust strategies accordingly to navigate fluctuations and capitalize on emerging opportunities in the titanium dioxide market. | |
Target State: All States Target City : All Cities Last Update : Feb 08, 2024 1:30 PM Number of Views: 126 | Item Owner : indianpetrochem Contact Email: (None) Contact Phone: (None) |
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