Sep 22, 2017   SOURCE: BusinessWire

SpendEdge Releases Procurement Market Research Report for the Global TiO2 Market

Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘TiO2 Procurement Market Research Report.’ The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix of the chemicals industry. This report breaks down the data and analysis behind the procurement of TiO2 and acts as an all-inclusive guide for making smart purchasing decisions.

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Global TiO2 Procurement Market Intelligence Report (Graphic: Business Wire)

Global TiO2 Procurement Market Intelligence Report (Graphic: Business Wire)

“Increase in demand for TiO2 is supported by the growth of end-user industries such as paints and coatings, plastics, and paper that utilize TiO2 to enhance the quality of their products,” says lead SpendEdge procurement analyst Angad Singh. “Buyers of TiO2 prefer to engage with suppliers that adopt advanced proprietary manufacturing processes, as it helps them obtain enhanced grades of TiO2,” added Angad.

Key Report Features

   
Supply Market Insights     Negotiation Strategies
Procurement Best Practices     Category Risk Analysis
Cost Saving Opportunities     Key Supplier Analysis
Pricing Models     Supplier Capability Matrix
 

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Report Highlights

  • The increased use of TiO2 in paints and coatings due to characteristics such as better finish, color, and durability that it imparts to these products is a key driver of the market growth.
  • Buyers need to engage with suppliers who provide consultation and assistance in product selection.
  • Supply market for TiO2 is highly consolidated, with the top suppliers such as Chemours, Cristal Global, Kronos, and Tronox controlling about 50% of the global TiO2 production.

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TiO2 Pricing Trends

Buyers of TiO2 have the option of choosing either the cost-plus pricing model or the spot pricing model. Most buyers opt for the cost-plus pricing model as it allows downward revision of the cost when the cost of production decreases. This model is adopted when the suppliers cannot commit to a fixed price for an extended period.

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SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.