"The market value of global titanium dioxide will be 66.90 billion USD in 2025." shown by the report of Grand View Research company. Because of the high demand in coating and paper industries, the increase ratio will be above 15% from 2016 to 2025 in Aisan-Pacific Region.
The development of Automotive Special Coatings and Photovoltaic System will push the increase of Titanium Dioxide. The major market of Titanium Dioxide is coatings, which is more than 50% of total amount, because of outstanding hiding power, continuous gloss, keeping color and self-cleaning for indoor architectural coating as well as excellent weather resistance for outdoor applications.
Furthermore, The giant cosmetics companies such as Avon, Aveda, Revlon will increase the use of titanium dioxide, personal care products will help to increase the consumption of titanium Dioxide.
In the last, new products of ilmenite including rutile, synthetic rutile and titanium slag are more easy for increase of titanium dioxide.
