Market revenue in 2023 | USD 6,457.5 million |
Market revenue in 2030 | USD 10,660.6 million |
Growth rate | 7.4% (CAGR from 2023 to 2030) |
Largest segment | Rutile |
Fastest growing segment | Anatase |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 74.29% in 2023. Horizon Databook has segmented the China titanium dioxide market based on anatase, rutile covering the revenue growth of each sub-segment from 2018 to 2030.
In China, rising development in the construction sector has resulted in increasing demand for paints and coatings. This is expected to have a positive impact on the market over the next few years. The utilization of TiO2 in China has surpassed the U.S on account of its increasing demand in numerous applications including plastics, paper & pulp, printing inks, paints & coatings, chemical fibers, and cosmetics.
The Chinese government objective of developing a domestically driven automotive industry has opened market access to foreign automakers. This is expected to have a positive impact on the market over the next couple of years. In India, the rising government funding for infrastructure and construction sectors coupled with the use of paints & coatings is expected to propel product demand over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the China titanium dioxide market , including forecasts for subscribers. This country databook contains high-level insights into China titanium dioxide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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