The Titanium Dioxide Market is expected to grow from USD 14.00 Billion in 2019 to USD 22.26 Billion by the end of 2026 at a CAGR of 6.85%. The huge boom in the construction sector and an increase in residential and non-residential building projects are driving the growth of the titanium dioxide market. Titanium dioxide is used widely in architectural paints and coatings as it ensures ease of
The growth of the automotive industry is also adding to the demand for the titanium dioxide market. Titanium is used as a dispersive agent in the automobile sector in order to ensure maximum gloss retention and build high chalk resistance. With new technological advancements and an increase in sales of lightweight vehicles, the use of lightweight materials will keep increasing further adding fuel to the growth of titanium dioxide market share.
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Titanium dioxide in its crystal form is known as rutile. It is the most widely used white pigment because of its high refraction index leading to better scattering of light particles thus providing more opacity and brightness. Due to its whiteness and opacity, Titanium Dioxide is the most widely used white pigment in paints and coatings.
Titanium Dioxide is now being widely used in the automotive industry as well. As the demand for lightweight vehicles and materials go up so will its usage. Titanium Dioxide It is successfully being used in the manufacturing of lightweight materials, efficient brake systems and tires, enhanced engine performance, and anti-microbial automobile interior components. Titanium dioxide market It is expected to rise rapidly during the forecast period.
Titanium dioxide is used widely in the cosmetics industry as a whitening agent to protect against blemishes and for brightening the skin. This wide application in the cosmetics industry is expected to drive the growth of Titanium Dioxide market. Due to its UV absorbing feature nanoscale Titanium Dioxide is used extensively in sunscreens to help shield the skin from harmful UV rays. Furthermore, it is used in thin coatings of makeup materials to achieve the same desired effect. Also, FDA has approved the usage of Titanium Dioxide around the eye and external use for its UV absorbing properties.
Due to Titanium Dioxide’sits white color pigment, and high brightness and opacity Titanium dioxide it is is the most widely used substance in the paper and plastics. industry further fuelling its growth. It renders whiteness, brightness, and opacity when mixed with plastics thus increasing its usage.
The Asia-Pacific region will hold the dominant market share during the forecast period as key players like India, China and Japan emerge as the biggest markets for titanium dioxide.
The paints and coating industry held the dominant market share based on application and will continue to do so during the forecast period.
The sulfate process segment was the most dominant sector in the market based on the process-based market due to it being simpler and cost-efficient in manufacturing titanium dioxide.
The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with titanium dioxide suppliers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, and proprietary databases.
Titanium dioxide Market
Market size value in 2019
USD 14.00 Billion
Revenue forecast in 2026
USD 22.26 Billion
CAGR of 6.85%
Base year considered
Historical Data for
Chloride Process, Sulfate Process
Paints & Coatings, Plastics, Paper
Ans: The Global Titanium Dioxide Market is expected to grow from USD 14.00 Billion in 2019 to USD 22.26 Billion by the end of 2026 at a CAGR of 6.85%.
Ans: The automotive industry has contributed to market expansion due to technical developments in the sector, coupled with increasing demand for lightweight vehicles. The growing use of lightweight materials for improved protection and fuel efficiency over the forecast period is expected to positively affect the industry.
Ans: Some of the major companies are Alchemy Heavy Metals (Pvt) Ltd., Anhui Annada Titanium Industry Co., Ltd., Argex Titanium, Inc., Bluestar New Chemical Materials Co., Ltd., CINKARNA Celje, d.d., CNNC HUAYUAN Titanium Dioxide Co., Ltd., Cosmo Chemical Co., Ltd., Evonik Industries AG, Grupa Azoty S.A.
2. Objectives of The Study
3. Scope of the Report
3.1 Markets Covered
3.2 Years Considered for The Report
4. Market Research Methodology
5.2 Value Chain
6. Market Landscape
6.1 Market Size and Forecast
6.2 Sales Volume by Company
6.3 Price by Company
6.4 Revenue by Company
7. Market Segmentation by Process
7.1 Global Titanium Dioxide Market by Process 2015-2025
7.2 Global Titanium Dioxide Market by Sulfate Process
7.3 Global Titanium Dioxide Market by Chloride Process
8. Market Segmentation by Application
8.1 Global Titanium Dioxide Market by Application 2015-2025
8.2 Global Titanium Dioxide Market by Paints & Coatings Segment
8.3 Global Titanium Dioxide Market by Plastics Segment
8.4 Global Titanium Dioxide Market by Paper Segment
9. Drivers & Challenges
9.1 Market Growth Drivers
9.2 Market Challenges
9.3 Market Trends
10. Titanium Dioxide Market in North America
10.1 Market Size and Forecast
10.2 Market Segmentation by Application
10.3 Market Segmentation by Country
11. Titanium Dioxide Market in Europe
11.1 Market Size and Forecast
11.2 Market Segmentation by Application
11.3 Market Segmentation by Country
12. Titanium Dioxide Market in Asia-Pacific
12.1 Market Size and Forecast
12.2 Market Segmentation by Application
12.3 Market Segmentation by Country
13. Titanium Dioxide Market in MEA
13.1 Market Size and Forecast
13.2 Market Segmentation by Application
13.3 Market Segmentation by Country
14. Titanium Dioxide Market in South America
14.1 Market Size and Forecast
14.2 Market Segmentation by Application
14.3 Market Segmentation by Country
15. Key Vendor Analysis
15.1 Alchemy Heavy Metals (Pvt) Ltd.
15.2 Anhui Annada Titanium Industry Co., Ltd.
15.3 Argex Titanium, Inc.
15.4 Bluestar New Chemical Materials Co., Ltd.
15.5 CINKARNA Celje, d.d.
15.6 CNNC HUAYUAN Titanium Dioxide Co., Ltd.
15.7 Cosmo Chemical Co., Ltd.
15.8 Evonik Industries AG
15.9 Grupa Azoty S.A.
15.10 Guangdong Huiyun Titanium Industry Corporation Limited
15.11 Guangxi Jinmao Titanium Co., Ltd.
15.12 Henan Billions Chemicals Co., Ltd.
15.13 Huntsman Corporation
15.14 Iluka Resources Ltd.
15.15 Ishihara Sangyo Kaisha, Ltd.
Tables & Figures
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