Titanium Dioxide (TiO2) Global Market is Projected to Reach 8.9M MTs, valued at $18.6B by 2029

LOS ANGELES - Jan. 10, 2024 - PRLog -- Industry Experts, Inc. announced the new 2024 version of its global market research report on Titanium Dioxide (TiO2). The study reveals that the TiO2 market is the largest in Asia-Pacific in terms of both volumes and value with an estimated 3.4 million metric tons and US$6.4 billion respectively in 2023.

The several unique properties of titanium dioxide, one of which is high refractive index, has made the material invaluable in a number of applications, ranging from paints and coatings to plastics and paper, among others. Titanium dioxide also finds application in printing inks, cosmetics and personal care products, food, textiles and pharmaceuticals. The primary sources of titanium dioxide include anatase, ilmenite and rutile, with almost half of the total global titanium dioxide being obtained from ilmenite.

Architectural Paints & Coatings is the largest consumer of TiO2 with an estimated consumption of 2.7 million metric tons in 2023, globally, while Plastics is projected to be the fastest growing application of TiO2 during the analysis period 2023-2029 in terms of both volumes and value. TiO2 global market is anticipated to reach 7.2 million metric tons, valued at US$15.5 billion.

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The global market for major applications of Titanium Dioxide (TiO2) studied in this report includes Architectural Paints & Coatings, Industrial Paints & Coatings, Paper, Plastics and Other Applications.

The report reviews, analyzes and projects the Titanium Dioxide (TiO2) market for global and the regional markets including North America, Europe, Asia-Pacific, South America and Rest of World for the period 2019-2029 in terms of volumes in metric tons and value in US$. These regional markets further analyzed for 14 independent countries across North America – The United States, Canada and Mexico; Europe – France, Germany, Italy, Spain, the United Kingdom and Rest of Europe; Asia-Pacific – China, India, Japan, South Korea and Rest of Asia-Pacific; South America – Argentina, Brazil and Rest of South America.

The global market research report includes 162 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 20 key global players and 32 major players across North America – 7; Europe – 4; Asia-Pacific – 20; and Rest of World – 1. The research also provides the listing of the companies engaged in manufacturing and supply of titanium dioxide. The global list of companies covers the address, contact numbers and the website addresses of 108 companies.

California, USA based Industry Experts, Inc. is a multi-industry focused business information provider.

For more details, please visit: https://industry-experts.com/verticals/chemicals-and-mate...