PUBLISHER: Industry Experts | PRODUCT CODE: 1404118
PUBLISHER: Industry Experts | PRODUCT CODE: 1404118
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. Sulfate and chloride are the two processes by which titanium dioxide is produced commercially, of which the sulfate process is the dominant technology.
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$15.5 billion.
The market for major applications of Titanium Dioxide (TiO2) analyzed in this report includes:
The report reviews, analyzes and projects the global Titanium Dioxide (TiO2) market for the period 2020-2029 in terms of market volume in metric tons and value in US$ and the compound annual growth rates (CAGRs) projected from 2023 through 2029.