Economic value
From its extraction and production, all the way to its application across various industries and in commercial and home use, TiO2 provides a huge number of economic benefits for the people of Europe.
The European Union provides 20 percent of global TiO2 production – an estimated market value of €3 billion.
Where TiO2 is produced
TiO2 is manufactured in 18 plants in the European Economic Area (EEA).
Industries
Paints and coatings, commercial printing inks, plastics and paper make up 94 percent of the total demand for TiO2 in the EU.
Value of the paints and coatings industry
As a white pigment, TiO2 is one of the most important raw materials for paints and coatings.
TiO2 is found in wall paints, façade coatings, and wood and trim coatings, including emulsion paint, lacquer, wood stain and roof coatings.
Value of plastics industry
In the plastics industry, the main uses for TiO2 are in packaging, building, construction, transport, marine, clothing and sporting goods.
Value of paper industry
In the plastics industry, the main uses for TiO2 are in packaging, building, construction, transport, marine, clothing and sporting goods.
The overall value of these sectors, including downstream markets, is €650 billion.
Value of cosmetics industry
Over 20 000 cosmetic products have been launched in the last five years containing TiO2. Intolerance or allergy to titanium dioxide is very rare, and it is often used for the protection it provides from harmful UV rays.
TiO2 is approved as safe for use by the Scientific Committee on Consumer Safety, when used in a concentration of up to 25 percent, and not in spray applications.
Sources
- Analysis of the socio-economic impacts of a harmonised classification of Carcinogen Category 2 for titanium dioxide (TiO2), prepared for Titanium Dioxide Industry Consortium by RPA
- Coatings World, Global Coatings Market Overvie
- Mordor Intelligence, Europe Paints and Coatings Market ($ to € conversion, 6 March 18)
- Plastics Europe, Plastic – the Facts 2017
- Pulp and paper industry
- Cosmetics Europe: Cosmetics and personal care industry overview
