Asia Pacific Titanium Dioxide Market Size & Outlook
Asia Pacific titanium dioxide market, 2018-2030 (US$M)
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Asia Pacific titanium dioxide market highlights
- The Asia Pacific titanium dioxide market generated a revenue of USD 8,701.7 million in 2023.
- The market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
- In terms of segment, rutile was the largest revenue generating grade in 2023.
- Anatase is the most lucrative grade segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 8,701.7 million |
| Market revenue in 2030 | USD 14,218.0 million |
| Growth rate | 7.3% (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 |
| Key market players worldwide | The Chemours Co, Tronox Holdings PLC Shs Class A, Venator Materials PLC, Kronos Worldwide Inc, Evonik Industries AG, Cathay Pacific Airways Ltd, TOR Minerals International Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 42.6% of the global titanium dioxide market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 14,218.0 million by 2030.
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Titanium Dioxide Market Scope
Titanium Dioxide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific titanium dioxide market outlook
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 74.86% in 2023. Horizon Databook has segmented the Asia Pacific titanium dioxide market based on anatase, rutile covering the revenue growth of each sub-segment from 2018 to 2030.
Recent economic development and rapid industrialization has stimulated the growth of titanium dioxide market in Asia Pacific. The region is predicted to exhibit the fastest growth rate in the titanium dioxide market over the forecast period.
Countries such as China, India, Japan, Malaysia, Vietnam, Indonesia, and South Korea are projected to be the major contributors to the growth of titanium dioxide market in Asia Pacific. In paints and coatings, the product is used in automobile coatings, emulsion bound plasters, and industrial coatings.
Rising demand for the lightweight automotive vehicles is a prime factor fueling the market growth. In the manufacturing of lightweight vehicles, polycarbonate with titanium dioxide is used due to its superior property of high scratch resistance. This factor is expected to drive product market in near future.
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Target buyers of Asia Pacific titanium dioxide market databook
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Our clientele includes a mix of titanium dioxide market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific titanium dioxide market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific titanium dioxide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific titanium dioxide market size, by country, 2018-2030 (US$M)
Asia Pacific Titanium Dioxide Market Outlook Share, 2023 & 2030 (US$M)
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