The Titanium Dioxide market concluded the second half of October 2025 on an even, yet dissimilar, note across the primary regions considered. The U.S. continued to be the stabilizing force; the demand from coatings, automotive, and construction industries remained steady, and production and supply chain flowed without interruptions. Japan and Europe have continued to show a mild level of softness, as any cautious buying and balanced inventories have muted sentiment in both regions. India’s Titanium Dioxide was a different story, as it retained its bullish momentum from the previous week, as tightening supply and solid fundamentals cemented new industrial demand. Despite the regional observations noted, the global Titanium Dioxide market continues to be calm, with appropriate procurement and moderate consumption, and limited volatility. We expect November to be characterized as a period of stability, led by the U.S. region, while overall dynamics globally continue to fuel cautious optimism in the pigment market.
