|Market Size in 2018||Market Forecast in 2025||CAGR (in %)||Base Year|
|USD 11.98 billion||USD 18.13 billion||6.1%||2018|
Titanium Dioxide Market
The global titanium dioxide market size was worth around USD 11.98 billion in 2018 and is predicted to grow to around USD 18.13 billion by 2025 with a compound annual growth rate (CAGR) of roughly 6.1% between 2019 and 2025. The report covers a forecast and an analysis of the titanium dioxide market on a global and regional level. The study provides historical information from 2016 to 2018 and a forecast from 2019 to 2025 based on volume (Kilotons) and revenue (USD Billion).
The study covers the key drivers and restraints of the titanium dioxide market and provides the impact of the market within the forecast period. Furthermore, the study also includes the opportunities accessible in the titanium dioxide market on a global level.
In order to offer the users of this report a comprehensive read of the titanium dioxide market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the titanium dioxide market has additionally been enclosed within the study. The study includes a market attractiveness analysis, wherein all the segments are benchmarked supported their market size, growth rate, and general attractiveness.
The study also includes the market share of the key participant’s operating in the titanium dioxide market across the globe. Additionally, the report covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations & joint ventures, and regional growth of key players within the market on a regional basis.
The study provides a crucial view of the titanium dioxide market by segmenting it based on grade, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.
The titanium dioxide market is fragmented on the basis of grade and application. The grade segment of the titanium dioxide market includes rutile and anatase. In 2018, the rutile segment accounted for a significant share of the titanium dioxide market, due to its versatile properties like higher specific gravity, higher refractive index, and greater chemical stability. It is majorly preferred for key applications of titanium dioxide. Anatase grade is projected to show the highest CAGR in the future. Anatase grade of titanium dioxide is an ideal product for paper production, as it is less abrasive to the papermaking machinery.
By application, the market includes paints and coatings, pulp and paper, plastics, cosmetics, ink, food additives, and others. Paints and coatings dominated the market due to the increasing usage of titanium dioxide in vehicle paints. Titanium dioxide is widely used in automotive paints owing to its brightness and resilience properties.
The Asia Pacific region dominated the titanium dioxide market globally in 2018, due to the high demand for titanium dioxide in various end-user industries, such as cosmetics, plastics, and paints and coatings, growing residential and commercial construction activities, and rising investments in infrastructural development projects across the region. In addition, China holds a significant market share in the region due to its emerging end-use industries.
|Report Attributes||Report Details|
|Report Name||Titanium Dioxide Market Research Report|
|Market Size in 2018||USD 11.98 billion|
|Market Forecast in 2025||USD 18.13 billion|
|Growth Rate||CAGR of 6.1%|
|Number of Pages||214|
|Key Companies Covered||Huntsman International, The Chemours Company, Kronos Worldwide, Jianghu Titanium White, Argex Titanium, Dow Chemical Company, Evonik, Titanos Group, Henan Billions Chemicals, Tayca Corporation, Cristal, and Tronox.|
|Segments Covered||By Grade, By Application, And By Region|
|Regions Covered||North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)|
|Historical Year||2014 to 2017|
|Forecast Year||2019 - 2025|
|Customization Scope||Avail customized purchase options to meet your exact research needs. Request For Customization|
Some key manufacturers involved in the titanium dioxide market are:
Global Titanium Dioxide Market: Grade Analysis
Global Titanium Dioxide Market: Application Analysis
Global Titanium Dioxide Market: Regional Analysis
Titanium dioxide or TiO2, a white, opaque natural mineral, is also called titania. This is among the most important minerals, which is a rutile and natural anatase that is available in a number of crystalline forms. These natural forms of oxide can be exploited and used as a commercial titanium source. Generally, titanium dioxide is absorbent and odorless in nature.
The titanium dioxide market accounted for USD 11.98 billion in 2018 and is expected to reach USD 18.13 billion by 2025.
The CAGR value of the titanium dioxide market is expected to be around 6.1% during 2019-2025.
The Asia Pacific region dominated the titanium dioxide market globally in 2018, due to the high demand for titanium dioxide in various end-user industries, such as cosmetics, plastics, and paints and coatings, growing residential and commercial construction activities, and rising investments in infrastructural development projects across the region.