Production of Titanium Dioxide (TiO2). Highly Profitable Chemical Business Ideas

Titanium dioxide (TiO2) is a naturally occurring mineral that is mined from the earth, processed and refined, and added to a variety of foods, as well as other consumer products. White in color, it is used to enhance the color and sheen of certain foods and is also key for food safety applications. In its natural state it exists in different bulk crystalline forms, such as anatase and rutile, but during processing it is ground into a very fine powder.

It is naturally opaque and bright, which makes it useful for use in paper, ceramics, rubber, textiles, paints and cosmetics. It is also UV-resistant, and is used widely in sunscreens and pigments that are likely to be exposed to light. It is used in a wide variety of personal care products, including color cosmetics such as eye shadow and blush, loose and pressed powders and in sunscreens.

Uses & Benefits:

The main use of titanium dioxide (TiO2) is as a white powder pigment because of its brightness and very high refractive index. This means that relatively low levels of the pigment are required to achieve a white opaque coating.

Pure titanium dioxide is a fine, white powder that provides a bright, white pigment. Titanium dioxide has been used for a century in a range of industrial and consumer products, including paints, coatings, adhesives, paper, plastics and rubber, printing inks, coated fabrics and textiles, as well as ceramics, floor coverings, roofing materials, cosmetics, toothpaste, soap, water treatment agents, pharmaceuticals, food colorants, automotive products, sunscreen and catalysts.

Titanium dioxide is produced in two main forms. The primary form, comprising over 98 percent of total production, is pigment grade titanium dioxide. The pigmentary form makes use of titanium dioxide’s excellent light-scattering properties in applications that require white opacity and brightness. The other form in which titanium dioxide is produced is as an ultrafine (nanomaterial) product. This form is selected when different properties, such as transparency and maximum ultraviolet light absorption, are required, such as in cosmetic sunscreens.    

In the pharmaceutical industry, titanium dioxide is used in most sunscreens to block UVA and UVB rays, similar to zinc oxide. It is also commonly used as pigment for pharmaceutical products such as gelatin capsules, tablet coatings and syrups. In the cosmetics industry, it is used in toothpaste, lipsticks, creams, ointments and powders. It can be used as an opacifier to make pigments opaque.

Titanium dioxide is seeing growing demand in photocatalysts due to its oxidative and hydrolysis properties. As a photocatalyst, it can improve the efficiency of electrolytically splitting water into hydrogen and oxygen, and it can produce electricity in nanoparticle form. Applications include light-emitting diodes, liquid crystal displays (LCDs) and electrodes for plasma displays.

Titanium dioxide (TiO2) is derived from ilmenite a mineral found in the metamorphic, plutonic igneous rocks and beach sands in India. It can be classified into anatase, rutile and brokite, of which only anatase and rutile are commercially important. TiO2 is consumed across paints, plastics, paper and many other end use segments.

The titanium Di-oxide market in India is projected to exhibit a CAGR of 3.98% during 2016-2025, owing to broad growing applications of titanium Di-oxide in paints, rubbers, plastics, textiles, cosmetics, pare & printings, etc. Titanium is the ninth most commonly found element in the earth's crust and is chemically inert in nature. Titanium Di-oxide is an oxide of titanium metal, which occurs naturally in several types of mineral sands and rocks. Minerals, metals and chemicals manufacturing industries majorly produce titanium Di-oxide in two grades namely, Rutile Grade and Anatase Grade titanium Di-oxide, owing toit's high refractive index, hiding power & opacity, low specific gravity and UV protecting properties. Thereby, boosting consumption of titanium Di-oxideacross various downstream industries such as paints, paper, rubber, textiles cosmetics etc. Furthermore, increasing awareness among consumers regarding the physical and chemical properties of titanium Di-oxide is further projected to drive India titanium Di-oxide market in the coming years.

"Paints and varnishes manufacturing industry is the leading consumer of titanium dioxide in India. Paints is one of the mostly used building materials in constructions, furniture, automotive and other industries. Strong growth in construction and automotive industries in India is the major factor propeling demand for titanium dioxide pigments in paints and coatings production industry. Over the past few years, India paint market grew at a rate of around 15% and is expected to grow at the same pace in the coming years as well.

The global titanium dioxide (TiO2) market size was valued at USD 13.3 billion in 2015. The market is expected to witness growth at a CAGR of over 8.9% from 2016 to 2025, owing to increasing demand from end-user industries. Usage of the product as pigments in paints & coatings formulation is expected to fuel industry growth over the next few years.