Market revenue in 2023 | USD 20,435.0 million |
Market revenue in 2030 | USD 31,789.6 million |
Growth rate | 6.5% (CAGR from 2023 to 2030) |
Largest segment | Rutile |
Fastest growing segment | Anatase |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Anatase, Rutile |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to titanium dioxide market will help companies and investors design strategic landscapes.
rutile was the largest segment with a revenue share of 76.39% in 2023. Horizon Databook has segmented the Global titanium dioxide market based on anatase, rutile covering the revenue growth of each sub-segment from 2018 to 2030.
Titanium dioxide is widely used in paints & coatings application. Titanium dioxide combined with other colored pigments is employed in numerous end-use applications, including automotive coatings, aircraft coating, marine coatings, and architecture & decorative coatings.
Growing construction activities are positively influencing the demand of paints & coatings, thereby creating significant demand for titanium dioxide. Rising increasing urbanization rate and industrial growth have resulted in the rising need for construction and infrastructure development across the globe, especially in emerging regions such as Asia Pacific, Central & South America, and the Middle East.
Rising infrastructure spending in China is expected to potentially fuel the growth of construction industry over the forecast period. For instance, in January 2019, China announced to invest USD 142 billion on 26 infrastructure projects, including rail projects in Chengdu, Kunming, Chongqing, Zhengzhou, and Xian as well as the expansion of Xianyang International Airport.
Horizon Databook provides a detailed overview of global-level data and insights on the Global titanium dioxide market , including forecasts for subscribers. This global databook contains high-level insights into Global titanium dioxide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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