AUSTRALIA TITANIUM DIOXIDE MARKET ANALYSIS

Australia Titanium Dioxide Market, By Mineral Grade (Ilmenite, Rutile, Others (Anatase, Brookite, etc.)), By Product Type (Pigments, Non- pigment (Titanium Metals & Welding Rods)), By Application (Dyes & Paints, Plastics & rubber, Paper, Pure Titanium Metals & Welding Rods, Others (Semiconductors, Gems & Jewelry, etc.)), and By Region (New South Wales, Victoria, Queensland, Western Australia, Rest of Australia) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Published In : Jan 2020
Code : CMI3300
Pages :120
Formats :
Excel and PDF
Industry : Bulk Chemicals

Australia Titanium Dioxide MarketSize and Trends

In 2018, Australia titanium dioxide market was valued at US$ 96.2 million, in terms of revenue and 60.0 kilo tons in terms of volume.

Market Trends/Key Takeaways

An increasing number of partnerships among major players in Australia to meet the rising demand for titanium dioxide is expected to fuel the market growth over the forecast period. For instance, in October 2018, DKSH and Australian stock listed resources company TNG have signed a term sheet encompassing the full distribution on a global and exclusive basis for TNG’s titanium dioxide (TiO2) production as TiO2 is the most used white pigment worldwide.

The presence of the biggest deposits of titanium mineral in Australia is expected to fuel the market growth of the titanium dioxide. For example, according to Australia's peak research organization, the CSIRO, Australia has the biggest deposits of ilmenite and rutile – titanium's base minerals - in the world. At present, 95 percent of the mineral sand mined is used in an oxide form, the pure white color crucial in products from paint to cosmetics.