Global Titanium Dioxide Market 2023-2029
Titanium dioxide is the naturally occurring oxide of titanium with a chemical formula TiO2. The key properties of titanium dioxide include a high refractive index, superior white color and strong opaque properties. Titanium dioxide is widely used in the paints and coatings industry for its ability to optimize light scattering and white opacity. In polymers, the product reduces the fading and cracking, thus minimizing the degradation of the system. The global titanium dioxide market is projected to rise by USD 7.1 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 6.2 percent during the forecast period.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global titanium dioxide market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, form, application, and region. The global market for titanium dioxide can be segmented by product: nanomaterial grade TiO2, pigment grade TiO2. In 2022, the pigment grade TiO2 segment made up the largest share of revenue generated by the titanium dioxide market, accounting for more than 98.2% of the total market. Titanium dioxide market is further segmented by form: rutile TiO2, anatase TiO2. Based on application, the titanium dioxide market is segmented into: paints and coatings, personal care and cosmetics, plastics, pulp and paper, others. The paints and coatings segment is estimated to account for the largest share of the global titanium dioxide market, accounting for more than 60.4% of the total market. On the basis of region, the titanium dioxide market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific was the largest revenue contributor to the global titanium dioxide market, representing 43.6% of the market in 2022. During the forecast period, Asia-Pacific is projected to witness the highest growth rate.
By product: nanomaterial grade TiO2, pigment grade TiO2
By form: rutile TiO2, anatase TiO2
By application: paints and coatings, personal care and cosmetics, plastics, pulp and paper, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report explores the recent developments and profiles of key vendors in the Global Titanium Dioxide Market, including Anhui Annada Titanium Industry Co., Ltd., Argex Titanium Inc., China National BlueStar (Group) Co., Ltd., Cinkarna Celje d.d., Evonik Industries AG, GPRO Titanium Industry Co., Ltd., INEOS Group Limited (National Titanium Dioxide Company Limited/Cristal), Ishihara Sangyo Kaisha Ltd., KRONOS Worldwide, Inc., Lomon Billions Group Co., Ltd., Meghmani Organics Ltd. (Kilburn Chemicals Ltd.), National Industrialization Co. (Tasnee), Neiman Group, Ningbo Xinfu Titanium Dioxide Co., Ltd., Pangang Group Vanadium Titanium and Resources Co., Ltd., Sakai Chemical Industry Co., Ltd., Shandong Dawn Titanium Industry Co., Ltd., Shandong Doguide Group Co., Ltd., Shandong Jinhai Titanium Resources Technology Co., Ltd., Tayca Corporation, The Chemours Company, Tianjin Master Technology Co., Ltd., Toho Titanium Co., Ltd., Travancore Titanium Products Ltd., Tronox Holdings plc, Ukrainian Chemical Products - Group DF, Venator Materials PLC, Yunnan Dahutong Titanium Industry Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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