Stratview Research announces the launch of a new market research report on the Titanium Dioxide Market by Process Type (Sulfate and Chloride), by Grade (Rutile and Anatase), by Product Type (Pigmentary and Ultrafine), by Application Type (Food, Paints & Coatings, Paper & Pulp, Plastics & Rubber, Cosmetics, Printing Inks, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Highlights

The titanium dioxide market was estimated at USD 22.26 billion in 2022 and is likely to grow at a CAGR of 5.77% during 2023-2028 to reach USD 31.24 billion in 2028.

The report primarily highlights the essential details of the sector based on the basic diagram of the Titanium Dioxide Market network structure and depicts the competitive landscape, market expansion, manufacturing, generating cost structure, growth strategies, planning processes, and development.

Scope of the Titanium Dioxide market:

The regional and national analysis segment examines the Titanium Dioxide industry minutely. The report also compares the size of the market in each landscape, and historical and projected growth in the market. It evaluates the aftereffects of the Covid-19 pandemic and its recovery path for all geographies, advanced economies, and transition economies.

The segment on developments and strategies examines how the Titanium Dioxide Market is recovering from the global crisis and suggests ways for businesses to grow as the economy recovers.

Here are the key players: -

• The Chemours Company
• Venator Material Plc
• Kronos
• Lomon Billions
• Tronox Holding Plc.

Segment Analysis

The market is segmented as pigmentary and ultrafine. The pigmentary segment held the larger share of the market in 2022 and is expected to remain dominant during the forecast period. Growing penetration of titanium dioxide as pigments in a wide array of industries such as paints & coatings, printing inks, textiles, and others are the major factors driving the dominance of the segment.

The market is segmented as food, paints & coatings, paper & pulp, textiles, plastics & rubber, cosmetics, printing inks, and others. The paints & coatings segment accounted for a market share of more than 50% in 2022 and is expected to lead the market during the forecast period as well.

In terms of regions, Asia-Pacific accounted for the largest market share of more than 40% in 2022, as well as the fastest-growing market for titanium dioxide during the forecast period, with China, Japan, India, and South Korea being the major countries with lucrative growth opportunities. The growth of the market is majorly driven by significant economic development in the regions, the growing disposable income of consumers, and the growing penetration of titanium dioxide in a wide array of industries. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Why should one invest in the Titanium Dioxide Market report?

- Analyze how the coronavirus is affecting the industry

- How it is likely to arise and develop when the virus's effect fades?

- Recognize investment options in growth areas.

- Outdo competitions by utilising future projections as well as growth drivers and patterns.

- Most recent market research data is provided that can help users gain a better understanding of the target audience.

- Clear comparison with the market competitors.

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