Paints and coatings are the largest application segment of titanium dioxide. Construction and automotive are major end-user industry for paints and coatings. The demand for titanium dioxide is driven by growth in these industries. The APAC region is the largest market for the construction industry, with China, India, and other Southeast Asian countries being the epicenter of construction activities.
The growth in paints and coatings is attributed to the growing construction industry, including both residential and non-residential infrastructure, across the world.
Kenmare Resources plc (LON:KMR) is an established mining company, which operates the Moma Titanium Minerals Mine, located on the north east coast of Mozambique.