Latin America Titanium Dioxide Market Size & Outlook
Latin America titanium dioxide market, 2018-2030 (US$M)
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Latin America titanium dioxide market highlights
- The Latin America titanium dioxide market generated a revenue of USD 2,006.2 million in 2023.
- The market is expected to grow at a CAGR of 6.9% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 2,006.2 million |
| Market revenue in 2030 | USD 3,205.3 million |
| Growth rate | 6.9% (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, Latin America region accounted for 9.8% 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 |
|---|
Latin America 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 75.98% in 2023. Horizon Databook has segmented the Latin America titanium dioxide market based on anatase, rutile covering the revenue growth of each sub-segment from 2018 to 2030.
Titanium Dioxide (TiO2) is used in paints & coatings and plastic industry over the past few years. In the paint and varnish industries, it is responsible for weather resistance, providing coverage, brightness, and whiteness.
The product is also widely used in the plastic industry and derivatives such as master batches and PVC. Due to low availability of raw materials in this region, calcium carbonate and zinc oxides are used as a substitute in pigments. This is expected to pose market challenge over the forecast period.
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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 Latin America titanium dioxide market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America titanium dioxide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America titanium dioxide market size, by country, 2018-2030 (US$M)
Latin America Titanium Dioxide Market Outlook Share, 2023 & 2030 (US$M)
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