Press release
Companies In Global Titanium Dioxide Market Embrace Technological Advancements To Stay At Forefront In Market : Fact.MR
expected to grow at a rate of more than 5.35%, reaching US$ 32 Billion in value, concludes a recently published Fact.MR report. As of 2022, the market is expected to be valued at US$ 19 Billion. Due to its high refractive index and light-phobic qualities, titanium dioxide has recently emerged as an efficient coating pigment.From 2015 to 2021, sales of titanium dioxide expanded at a CAGR of 4%, closing in at a valuation of US$ 18 Billion. Rising infrastructure development activities, together with expanding commercial and residential building, are driving up demand for paints and coatings, accelerating the total titanium dioxide market's growth throughout the forecast period.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ - https://www.factmr.com/connectus/sample?flag=S&rep_id=4641
Significant usage in automobiles will drive sales in the near future. Furthermore, the growing popularity of flexible plastic manufacturing in the packaging industry will propel the market into a successful future. The increasing trend toward hydrometallurgical manufacturing opens up new prospects for titanium dioxide manufacturers looking to increase their profit margins.
๐๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐ง๐ถ๐๐ฎ๐ป๐ถ๐๐บ ๐๐ถ๐ผ๐ ๐ถ๐ฑ๐ฒ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐
โข ๐๐ข๐ญ๐๐ง๐ข๐ฎ๐ฆ ๐๐ข๐จ๐ฑ๐ข๐๐ ๐๐ฒ ๐๐ซ๐๐๐
Anatase-grade Titanium Dioxide
Rutile-grade Titanium Dioxide
โข ๐ง๐ถ๐๐ฎ๐ป๐ถ๐๐บ ๐๐ถ๐ผ๐ ๐ถ๐ฑ๐ฒ ๐ฏ๐ ๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป
Titanium Dioxide for Paints & Coatings
Titanium Dioxide for Plastic
Titanium Dioxide for Pulp & Paper
Titanium Dioxide for Cosmetics
Titanium Dioxide for Other Applications
โข ๐ง๐ถ๐๐ฎ๐ป๐ถ๐๐บ ๐๐ถ๐ผ๐ ๐ถ๐ฑ๐ฒ ๐ฏ๐ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=4641
๐๐ฒ๐ ๐ง๐ถ๐๐ฎ๐ป๐ถ๐๐บ ๐๐ถ๐ผ๐ ๐ถ๐ฑ๐ฒ ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ ๐ฃ๐ฟ๐ผ๐๐ถ๐ฑ๐ฒ๐ฟ๐
โข Chemours
โข Cristal
โข Huntsman
โข Kronos
โข Lomon-Billions
โข Tronox
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
โข Global titanium dioxide market demand to expand 1.7x from 2022-2032
โข By grade, rutile-based titanium dioxide demand to flourish at a 4% value CAGR
โข Over 60% of titanium dioxide sales to flourish across the paints & coatings industry
โข U.S to emerge as an opportunistic market, growing at a 5% value CAGR until 2032
โข China, Japan & South Korea to expand at growth rates of 5.7%, 5.5% & 5.6% respectively
โข U.K to post significant gains, growing at a 4% value CAGR
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
The market for titanium dioxide is consolidated to a great extent. Chemours, Cristal, Huntsman, Kronos, Lomon-Billions, and Tronox are the market leaders. These market frontrunners account for more than 60% of the market. Companies are now collaborating with customers to develop enduring pricing based on total company value. In addition, prominent firms are working to improve the manufacturing circuit through capacity growth in order to meet consumer demand. Every year, capacity additions of 200,000 to 300,000 Tons are expected in the market.
โข LB Group announced a CNY 1 billion (USD 157.6 million) investment at the Xiangyang location in January 2022 to build a new 200ktpa titanium dioxide (TiO2) pigment finishing facility. Two TiO2 pigment finishing lines will be constructed, each capable of processing 100ktpa TiO2 pigment intermediate product.
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐๐๐ ๐ก๐ผ๐ - https://www.factmr.com/checkout/4641
๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐ ๐๐๐ฎ๐ถ๐น๐ฎ๐ฏ๐น๐ฒ
Fact.MR, in its new offering, presents an unbiased analysis of the global titanium dioxide presenting historical demand data (2015-2021) and forecast statistics for the period of 2022-2032.
The study indulges essential insights on the market on the basis of grade (anatase and rutile) and application (paints & coatings, plastic, pulp & paper, cosmetics and others) across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania and Middle East & Africa).
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