This blog is the twentieth in a series of blogs I plan to
write providing use, price, and production data on high-use inorganic and
organic chemicals. Click here to see the
first blog in this series and a list of chemicals to be featured. This blog provides data on titanium dioxide. The primary purpose of these blogs is to
present estimates of recent price, production, and sales revenues for the
chemicals. The last blog in this series
will compare price, production, and sales data for all the chemicals.
Uses. Uses of titanium
dioxide include:
Ø
As pigments used in: paints; papers; inks;
fibers; rubber; cosmetic products; and food (90 to 95% of use);
Ø
As a source of titanium metal;
Ø
In sunscreens; and
Ø
In various catalyst systems.
Titanium dioxide’s use as a pigment is based on its refractive
index value.
Prices. 2019
global titanium dioxide prices are believed to be in the range of $2,200 to $2,900
per metric ton (mt).
Production. Titanium
dioxide is produced primarily from two minerals, rutile and ilmenite, using either
sulfuric acid or chlorine as oxidizing agents.
From the internet, estimated 2019 global production of titanium
dioxide is in the 5 to 6 million mt range.
Using 5 and 6 million mt produced and the prices of $2,200 and $2,900
per mt (see Prices above) gives 2019 global revenues generated by titanium dioxide
in the $11 to $17.4 billion range (5 million mt times $2,200 per mt; 6 million
mt times $2,900 per mt).
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