Global Titanium Dioxide Market is accounted for $17.94 billion in 2020 and is expected to reach $27.33 billion by 2028 growing at a CAGR of 5.4% during the forecast period. Escalating demand for lightweight vehicles owing to strict emission policies, growing paints & coatings industry worldwide, and rising usage of lightweight materials for enhanced safety and fuel-efficiency are driving the market growth.
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By geography, Asia Pacific is going to have high growth during the forecast period due to the growing commercial and residential construction sector coupled with increasing investments in infrastructure development, high requirement for the compound in various applications of the automotive, construction, manufacturing, and aerospace industries in the region.
Some of the key players profiled in the Titanium Dioxide Market include Venator Materials, Tronox Limited, Iluka Resources, Argex Titanium Inc., NL Industries, Lanka Mineral Sands Ltd, KRONOS WORLDWIDE INC, Kish Company, ISHIHARA SANGYO KAISHA, LTD., Huntsman Corporation, Evonik Industries, DuPont, Cristal Global, The Chemours Company, Alchemy Heavy Metals (Pvt) Ltd. and TAYCA CORPORATION.
Processes Covered in Titanium Dioxide Market
• Plastics & Rubber
• Pulp & Paper
• New Research Applications
• Food Additives
• Paint and Coatings
• Printing Inks
End Users Covered:
• Thin Films
• Food & Beverage
• Personal Care
• Waste Water Purification
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