Global Titanium Dioxide Market, By Grade (Rutile, Anatase), End-User (Automotive, Personal Care, Pharmaceutical, Food & Beverages, Construction Industry, Others), Application (Paints & Coatings, Pulp & Paper, Plastics, Cosmetics, Ink, Others) Process (Sulfate, Chloride), Product (Pigmentary, Ultrafine), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The titanium dioxide market will reach at an estimated value of USD 1.93 billion and grow at a rate of 8.65% for the forecast period of 2021 to 2028. Rise in the usage of lightweight materials for enhanced safety and fuel-efficiency is a vital factor driving the growth of titanium dioxide market.
Titanium dioxide is made either from sulfuric acid or chloride process that is also referred as sulfate process. The raw materials used for the manufacturing of titanium dioxide are rutile and ilmenite and is sold in the form of white crystalline powder.
Rise in the demand for lightweight vehicles in automobile industry is the vital factor escalating the market growth, also rise in the per capita consumption of pigments, rise in the usage of titanium dioxide in the construction, increase in the usage of titanium dioxide by its end-users, rise in the paints & coatings industry worldwide and rise in the self-cleaning technologies in various industries acts as the major factors among others driving the titanium dioxide market. Moreover, rise in the modernization and technological advancements in the production techniques and rise in the research and development activities in the market will further create new opportunities for the titanium dioxide market in the forecast period of 2021- 2028.
However, volatility in the prices of raw materials and stringent environmental regulations due to its hazardous nature are the major factors among others acting as restraints, and will further challenge the growth of titanium dioxide market in the forecast period mentioned above.
This titanium dioxide market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the titanium dioxide market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Titanium Dioxide Market Scope and Market Size
The titanium dioxide market is segmented on the basis of grade, end-user, application, process and product. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on grade, the titanium dioxide market is segmented into rutile and anatase.
- On the basis of end-user, the titanium dioxide market is segmented into automotive, personal care, pharmaceutical, food & beverages, construction industry, and others.
- Based on application, the titanium dioxide market is segmented into paints & coatings, pulp & paper, plastics, cosmetics, ink and others.
- Based on process, the titanium dioxide market is segmented into sulfate and chloride.
- The titanium dioxide market is also segmented on the basis of product into pigmentary and ultrafine.
Titanium Dioxide Market Country Level Analysis
The titanium dioxide market is analysed and market size, volume information is provided by country, grade, end-user, application, process and product as referenced above.
The countries covered in the titanium dioxide market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the titanium dioxide market due to rise in the commercial and residential construction sector coupled with increasing investments in infrastructure development in this region. North America is the expected region in terms of growth in titanium dioxide market due to rise in the per capita consumption of pigments, rise in the usage of titanium dioxide in the construction and increase in the usage of titanium dioxide by its end-users in this region.
The country section of the titanium dioxide market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Titanium Dioxide Market Share Analysis
The titanium dioxide market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to titanium dioxide market.
The major players covered in the titanium dioxide market report are Tayca, Huntsman Corporation, The Chemours Company, Tronox Limited, Kronos Worldwide Inc., Evonik Industries AG, Cinkarna Celje D.D. (CICJ.LJ), Cristal, Lomon Billions, Ishihara Sangyo Kaisha Ltd, Grupa Azoty, Precheza, Argex Titanium Inc. and Apollo Colours Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.