Titanium dioxide … Tronox and Venator have also begun offering longer-term contracts at inflation-indexed prices. The increase in costs cannot be fully absorbed by the TiO2 pigment manufacturers and will therefore create a constant upward pressure on TiO2 pigment selling prices. This applies to products such as certain artists’ colours and children’s powder paints, the labels on which will have to carry a mandatory GHS-08 cancer-warning icon, with notification that the product contains a carcinogen. Homepage news Raw materials & technologies Markets & companies Publications Events Shop, eJournal Topic alert Reg Adams of Artikol speaks about the current situation on the market and how buyers can react to the price volatility. Also, the production and consumption magnitude across different geographical regions, and among dominant market players are covered. In the current business cycle, the average benchmark price rose by just over 50% from EUR 1.96 per kilo to a peak of 2.985 per kilo in Q2 2018 and then declined steadily, but at a fairly gentle pace, reaching EUR 2.60 per kilo by the end of 2019. Looking ahead to 2020 and 2021, the business outlook ought to be slightly brighter: the IMF is forecasting global GDP growth at 2.7% for 2020 and at 2.9% for 2021. The fluctuations in demand growth have been particularly pronounced over the past decade. Year-on-year growth has been above 5% in 12 of the past 40 years and negative in 11 years. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001, Cision Distribution 888-776-0942 The recent classification of TiO2 in powder form as well as the prices for the pigment have been great headaches for the coatings industry. 5.The report estimates 2019-2024 market development trends of Titanium Dioxide Rutile industry. Between the two, the sulphate division recorded higher growth in the market in the years gone by. A, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://www.reportlinker.com/p05982453/?utm_source=PRN. With the objective of addressing consumer concerns about price volatility, Chemours pioneered a "value stabilisation initiative" at the end of 2017, offering regular customers long-term contracts at "equilibrium prices” that are adjusted in accordance with a pre-agreed independently determined index. Some industry observers and participants are anticipating demand growth at 5% per annum or more over the next couple of years. Operators of long-established mature mines are now facing declines in accessible ore grades – the percentages of titanium and other valuable minerals in the ore are declining. The Californian labelling law was enacted in September 2011. About us Feedstock prices are currently at relatively high levels and in real terms they are expected to increase by at least 1% per annum over the next ten years or more. YouTube Do not breathe dust.” But products affected by Annex 1 will not be required to carry a GHS-08 cancer-warning icon and the mandatory warning words do not include ‘carcinogen.’ Also, the disposal of empty or partly-full cans of paint and the disposal of TiO2-containing solid residues as waste will be subject to more stringent regulations. Media Information, Blog Depending on application, the titanium dioxide market is divided into paints and coatings, plastic, paper, inks, ceramics, catalysts, textiles, rubber, roofing granules, and floor coverings.Out of these, the paints and coatings category is currently exhibiting the highest growth in the market, on account of the ballooning requirement for paints and coatings in various architectural applications, as per the observations of the Titanium Dioxide Manufacturers Association in 2019. Reg Adams: The paint industry consumed nearly 3.5 million tonnes of TiO2 in 2019, accounting for 55% of total world consumption. On the basis of these studies and acting under delegated powers on 4 October 2019, the European Commission formulated a new Regulation, with two Annexes. , has taken its toll on the titanium dioxide … titanium dioxide … titanium dioxide as possible. Has increased the demand for titanium dioxide as a possible carcinogen – or it! 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