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TiO2 Pigment Market Size, Share, Demands, Trends, Key Players Analysis and Forecasts to 2029

04-24-2023 03:28 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsnReports

TiO2 Pigment Market

TiO2 Pigment Market

The global market for TiO2 Pigment was estimated at US$ 19,664.41 million in the year 2022, is projected to reach a revised size of US$ 19,567.63 million by 2029, growing at a CAGR of 0.22% during the forecast period 2023-2029.

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North American market for TiO2 Pigment was valued at $ 4,010.14 million in 2022 and will reach $ 3,497.30 million by 2029, at a CAGR of -1.43% during the forecast period of 2023 through 2029.

Asia-Pacific market for TiO2 Pigment was valued at $ 10,251.46 million in 2022 and will reach $ 11,269.55 million by 2029, at a CAGR of 1.36% during the forecast period of 2023 through 2029.

Europe market for TiO2 Pigment was valued at $ 3,381.09 million in 2022 and will reach $ 2,901.46 million by 2029, at a CAGR of -1.66% during the forecast period of 2023 through 2029.

Key Players-
- Chemours
- Lomon Billions Group
- Tronox
- Venator
- Kronos
- CNNC Hua Yuan Titanium Dioxide
- Pangang Group Vanadium Titanium & Resources
- Sinochem Holdings
- Shandong Lubei Chemical
- Shandong Doguide Group
- Nanjing Titanium Dioxide Chemical
- Ineos
- Shandong Dawn Titanium Industry
- ISK
- Ningbo Xinfu Titanium Dioxide
- Tayca

Segment by Type
- Sulfate Process
- Chloride Process

Segment by Application
- Paint
- Plastics
- Paper
- Others

The TiO2 pigment market refers to the market for titanium dioxide pigments, which are widely used in various applications such as paints and coatings, plastics, paper, and others. TiO2 pigments are valued for their exceptional whiteness, opacity, and brightness, making them ideal for use in products that require high-quality and long-lasting color.

The global TiO2 pigment market is driven by the increasing demand for high-performance pigments in various end-use industries. The growth of the construction and automotive industries, in particular, is driving the demand for TiO2 pigments as they are used in paints and coatings to provide protection against weathering and UV radiation. Additionally, the growing demand for plastics and paper products is also contributing to the growth of the market, as TiO2 pigments are used in the production of these materials to improve their opacity and brightness.

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The TiO2 pigment market is segmented by type, application, and geography. Types of TiO2 pigments include rutile and anatase. Applications of TiO2 pigments include paints and coatings, plastics, paper, and others. Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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