Demand for Titanium Dioxide in the European region considerably revived from better offtakes heard across the furniture, construction and industrial sector with respect to Q2, after sentiments were raised post a lift in containment measures. DIY activities witnessed significant increment as people took more home renovation and construction activities with extended period of lockdown. The supply also remained supple with resumption in exports from China since the later half of Q2 in 2020.
ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.
Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Acrylonitrile is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
Acrylonitrile price is correlated with the price trend of crude oil, demand-supply gap, Propylene and with movement across the downstream derivatives such as acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) etc.
Basic details and information on financial performance of leading global players in the Acrylonitrile market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.
Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.
Finally, region-specific markets for Titanium Dioxide are analyzed and region-wise demand pattern is tracked.
Titanium Dioxide (TiO2) is an inorganic compound, widely popular in rutile and anatase form. The compound is mainly utilized as a white pigment for imparting brightness in cosmetics, paints, coatings, inks fibers, papers etc. Paint industry holds the maximum demand share for Titanium Dioxide, followed by plastics and paper industry. Titanium Dioxide which occurs naturally contains several impurities such as chromium, iron or vanadium, therefore it must be subjected to chemical refining for attaining the desired properties for various applications. Commercially, Titanium Dioxide is derived from ilmenite or titanium or rutile slag. Titanium pigment contained in the ores is extracted via chlorine route or sulphate route. Sulphate route can extract the pigment with lower grade and cheaper ores by using simpler technology than chlorine route. It is the ideal process for obtaining anatase grade titanium pigment. Whereas chlorine technology produces finer and purer pigment at an affordable production cost, that in turn makes it the widely utilized process for Titanium Dioxide production. However, the overall production cost for the sulphate route process is comparatively much expensive than the latter.