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In conclusion, titanium IV oxide is a versatile compound that is used in a wide range of industries. From sunscreen to paints to food coloring to pharmaceuticals, titanium dioxide plays a vital role in many products. Its unique properties, such as UV protection, brightness, and stability, make it an essential ingredient in various applications. As technology continues to advance, titanium IV oxide will likely continue to play a key role in the manufacturing of innovative products.

The paints and coatings industry reduced their offtakes which coupled with the drop in the crude oil prices and availability of cheaper imports from the Asian market led to the fall in titanium dioxide prices. The demand decreased significantly in the fourth quarter along with the slow manufacturing due to high inflation rates keeping the price trends of the commodity in the negative zone.