Titanium Dioxide Prices In India (Business Opportunities - Other Business Ads)

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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.


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Last Update : Feb 08, 2024 1:30 PM
Number of Views: 126
Item  Owner  : indianpetrochem
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2024-11-26 (0.413 sec)