Middle East & Africa Titanium Dioxide Market Size & Outlook
Middle East & Africa titanium dioxide market, 2018-2030 (US$M)
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MEA titanium dioxide market highlights
- The MEA titanium dioxide market generated a revenue of USD 953.3 million in 2023.
- The market is expected to grow at a CAGR of 5.8% 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, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 953.3 million |
| Market revenue in 2030 | USD 1,416.0 million |
| Growth rate | 5.8% (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, MEA region accounted for 4.7% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Titanium Dioxide Market Scope
Titanium Dioxide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 77.8% in 2023. Horizon Databook has segmented the Middle East & Africa titanium dioxide market based on anatase, rutile covering the revenue growth of each sub-segment from 2018 to 2030.
Titanium dioxide pigments with the properties such as gloss, opacity, and UV absorption are used in paints and coatings. These pigments are employed in the decorative paints and architectural paints and are also used in numerous coatings. Other factors contributing to the growth of the market is the increasing use of paper & pulp and printing industry.
Titanium dioxide are also being utilized in the plastic industry which has become significant application in the recent years, and it is expected to further augment growth of the product in the region over the next few years.
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Our clientele includes a mix of titanium dioxide market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa titanium dioxide market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa titanium dioxide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA titanium dioxide market size, by country, 2018-2030 (US$M)
Middle East & Africa Titanium Dioxide Market Outlook Share, 2023 & 2030 (US$M)
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