2016 Australian titanium dioxide market value will reach 87.3 million US dollars

In 2016-2024, demand for titanium dioxide is expected to increase in applications such as automotive, construction, cosmetics and personal care products, especially in emerging economies such as China.

Depending on the type of product, titanium dioxide is expected to continue to dominate the titanium dioxide market in terms of both consumption and market value. The increase in per capita disposable income in developing countries has led to a rapid increase in demand for automobiles and housing, which has increased demand for paints and coatings, leading to an increase in demand for titanium dioxide pigments. This is also the driving force behind the Australian titanium dioxide market – by exporting titanium dioxide pigments to the above-mentioned countries. Other industries, such as paper, printing, plastics, and rubber, will also drive demand for titanium dioxide. However, due to factors such as the global economic slowdown and price volatility, it will affect the growth of Australian titanium dioxide.

From the application field, dyes and paints are the largest consumption area of ​​titanium dioxide in 2015, and the value of this part is expected to reach 81.9 million US dollars in 2016, an increase of 5.1%.

Western Australia is the largest market for titanium dioxide in the country. In 2016, the market value of the region is expected to be US$36.63 million. The compound annual growth rate of the titanium dioxide market in the region is expected to reach 4.1% in the future.

Major producers of the Australian titanium dioxide market include Tronox and Cristal Australia, which are also involved in the titanium ore business. They focus on efficient operations and low-cost sustainable technologies, such as the use of chlorination processes to produce titanium dioxide pigments to reduce waste emissions.