Report Id: SNS/C&M/1734 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Titanium Dioxide Market Size was valued at USD 22.81 billion in 2022, and is expected to reach USD 36.63 billion by 2030, and grow at a CAGR of 6.1% over the forecast period 2023-2030. Titanium dioxide (TiO2) is a white pigment made mostly from ilmenite and rutile mineral sand as basic ingredients. Because of its favourable physical qualities, this substance is widely employed by paints & coatings and plastic compounders. Excellent whiteness, durability, brightness, dispersibility, colour and retention are all important features of TiO2. The pigment has a TiO2 level of more than 80% and is used in textiles, cosmetics, food colouring, paper & pulp, and other.
Manufacture of motor vehicles.
Applications in architectural paints and coatings.
Increased use of ultrafine particles.
Investment in research and development.
Raw materials have a wide range of prices.
Developing products that are safer to use and have cheaper prices.
Impact of Covid-19:
The COVID-19 virus is changing the course of history in the twenty-first century in the same manner that the yesenia persists pathogen did in the fourteenth century. Both illnesses were quite dangerous. They poisoned a large number of people and murdered a few. Early on, governments realised they needed to restrict the virus (COVID-19.) Lockdowns and quarantines were instituted as a result of this. Because they were ineffectual, they were only temporary. Many industries were obliged to put their operations on hold or substantially cut production. As a result, several industries and markets were impacted. Because new vehicle sales plummeted (people were not travelling nearly as much), titanium dioxide output plummeted as well.
DuPont, mTayca Corporation, Argex Titanium Inc., CRISTAL, Shandong Doguide Group Co., Ltd, The Chemours Company Chemours, Tronox Limited, Evonik Industries, Huntsman International LLC., NL Industries, Inc, and other players.
Paints & coatings
Paper & pulp
Plastics & rubber
The Asia-Pacific region will account for the greatest share of the market. The reason for this is because China's construction industry is rapidly expanding. In actuality, all of Southeast Asia's countries have seen a major increase in construction activity. Despite COVID-19, India has seen a significant increase in construction activity. Despite COVID-19, India has seen a significant increase in construction activity. As a result, demand for titanium dioxide has risen dramatically. Many titanium dioxide producers must be mindful of the tightening government regulations limiting the use of titanium dioxide in building in the Asia-Pacific region.
North America's market is expected to grow at one of the fastest rates. This is owing to the fact that North America's building industry is continuously increasing. Smart houses are becoming increasingly popular in the United States and Canada, which mandates the adoption of smart construction processes and safer materials. As a result, the demand for titanium dioxide is increasing. The European Union has the second-largest market share in the world.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 22.81 Billion|
|Market Size by 2030||US$ 36.63 Billion|
|CAGR||CAGR of 6.1% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Process (Sulfate, Chloride)
• By Grade (Rutile, Anatase)
• By Product (Pigmentary, Ultrafine)
• By Application (Food, Paints & coatings, Paper & pulp, Textiles, Plastics & rubber, Cosmetics, Printing inks, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||DuPont, mTayca Corporation, Argex Titanium Inc., CRISTAL, Shandong Doguide Group Co., Ltd, The Chemours Company Chemours, Tronox Limited, Evonik Industries, Huntsman International LLC., NL Industries, Inc, and other players.|
|DRIVERS||• Manufacture of motor vehicles.
• Applications in architectural paints and coatings.
|Restraints||• Several restrictions by government.
• Creates numerous environmental problems.
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Rutile and Anatase are the sub-segments of by grade segment.
Ans: DuPont (US), mTayca Corporation (Japan), Argex Titanium Inc. (North America), CRISTAL (Saudi Arabia), Shandong Doguide Group Co., Ltd (China), The Chemours Company Chemours (US), Tronox Limited (US), Evonik Industries (Germany), Huntsman International LLC. (US) and NL Industries, Inc (US) are the major key players of Titanium Dioxide.
Ans: Excellent whiteness, durability, brightness, dispersibility, colour and retention are all important features of TiO2.
Ans: Global Titanium Dioxide Market Size was valued at USD 21.5 billion in 2021, and expected to reach USD 32.54 billion by 2028, and grow at a CAGR of 6.1 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
188.8.131.52 United Kingdom
184.108.40.206 South Korea
220.127.116.11 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Titanium Dioxide Market, By Process
9. Global Titanium Dioxide Market, By Grade
10. Global Titanium Dioxide Market, By Product
11. Global Titanium Dioxide Market, By Application
11.2 Paints & coatings
11.3 Paper & pulp
11.5 Plastics & rubber
11.7 Printing inks
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profile
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Tayca Corporation
13.3 Tronox Limited
13.4 Evonik Industries
13.6 Huntsman International LLC.
13.7 The Chemours Company Chemours
13.8 Argex Titanium Inc.
13.9 Shandong Doguide Group Co., Ltd
13.10 NL Industries, Inc
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
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