Titanium Dioxide Production Cost Analysis 2021
Titanium dioxide, having a chemical formula TiO2, is a naturally occurring oxide of titanium. It has a wide range of applications involving paint, sunscreen, and food colouring.
Titanium dioxide can also be found in nature as the minerals, rutile and anatase. It is primarily sourced using ilmenite ore. This is the most common form of titanium dioxide-bearing ore around the globe. Rutile is the next most abundant that contains around 98% titanium dioxide in the ore. Both sulfate, as well as chloride processes, manufactures the titanium dioxide pigment in the rutile crystal form. The sulfate process can be adjusted to manufacture the anatase form.
The most crucial application areas of titanium oxide are in paints and varnishes, along with paper and plastics, which together account for about 80% of the world's titanium dioxide consumption. While the the pigment applications like printing inks, fibres, rubber, cosmetic products, and food account for another 8%. The rest of the products are used in applications like the manufacturing of pure titanium, glasses or glass ceramics, electrical ceramics, metal patinas, catalysts, electric conductors, and chemical intermediates.
Procurement Resource provides an in-depth cost analysis of Titanium Dioxide production. The report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges. The study is based on the latest prices and other economic data available. We also offer additional analysis of the report with detailed breakdown of all cost components (Capital Investment Details, Production Cost Details, Economics for another Plant Location, Dynamic Cost Model).