According to a report released by Research and Markets, there is a major shift in the production of global paints and coatings, which is moving away from developed regions, such as Europe and the U.S., to developing economies, such as China and India.
The U.S. Chemical Production Regional Index (U.S. CPRI) rose 1.2% in December following a 0.6% gain in November and a 1.2% increase in October, according to the American Chemistry Council (ACC).
Research and Markets has released a new study of the fire-resistant coatings market, reporting the market reached $933 million in 2020 and is projected to reach $1,106 million by 2025.
As the TiO2 market strengthens post-pan demic, TiO2 consumers in North America will continue to be faced with the dilemma of how best to find reductions in TiO2 costs.
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