SkyQuest Technology Group recently introduced Titanium Dioxide Market study with in-depth overview, describing about the Product/Industry Scope and elaborates market outlook and status (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. The Titanium Dioxide Market has witnessed Excellent growth over the past decade and is expected to maintain its upward trajectory.
Titanium Dioxide Market size was valued at USD 23.3 billion in 2023 and is poised to grow from USD 24.7 billion in 2024 to USD 39.36 billion by 2032, growing at a CAGR of 6.0% during the forecast period (2025-2032).
The global titanium dioxide (TiO2) market is predicted to grow during the next years, based on the growth in investments in chloride manufacturing methods and the booming global building sector. TiO2 has extensive application in paints and coatings. Many applications of TiO2 end-use, including automotive coatings, aircraft coatings, marine coatings, and architectural & decorative coatings utilize TiO2 along with other colored pigments. Growing building activities are positively affecting the paint and coatings market, thereby increasing demand for TiO2. The applications of TiO2 include plastics, paints & coatings, pulp & paper, and cosmetics.
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During the forecast period, the global titanium dioxide industry is expected to increase as the demand for the product increases in plastics industries. All of these include TiO2, polyolefins, polystyrene, acrylonitrile butadiene styrene, polyvinyl chloride, and others. Its qualities, such as mechanical strength, gloss, brightness, color retention, and resistance to UV degradation, are driving demand for the product in plastic applications. Due to the complexity in the production process, stricter restrictions, and increasing raw material prices, the prices of TiO2 are expected to increase during the forecast period. In the long run, the increasing cost of raw materials is expected to influence the pricing of TiO2 in general. However, as some producers are actively working to resolve this matter, some manufacturers are also increasing the price of TiO2.
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2032, Y-o-Y growth rate, and CAGR):
The Titanium Dioxide Market can be segmented based on several factors, including product type, application, end-user, and distribution channel.
Grade
Rutile, Anatase
Process
Chloride, Sulphate
Application
Paints, Coatings, Plastics, Pulp & Paper, Cosmetics, Others
End User
Automotive, Construction Industry, Pharmaceutical, Others
Titanium Dioxide Market – Regional Analysis:
– Titanium Dioxide North America Market includes (Canada, Mexico, USA)
– Titanium Dioxide Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
– Titanium Dioxide Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
– Titanium Dioxide South America Market includes (Brazil, Argentina)
– Titanium Dioxide Oceania Market (Australia & New Zealand)
Top Market Players in Titanium Dioxide Market are:
Chemours (US)
Tronox Holdings plc (US)
Venator Materials PLC (UK)
Kronos Worldwide, Inc. (US)
Huntsman Corporation (US)
Evonik Industries AG (Germany)
Lomon Billions Group Co., Ltd. (China)
CNNC Huayuan Titanium Dioxide Co., Ltd. (China)
Henan Billions Chemicals Co., Ltd. (China)
Guangxi Nonfemet Group Co., Ltd. (China)
Ishihara Sangyo Kaisha, Ltd. (ISK) (Japan)
Tayca Corporation (Japan)
Cristal (Saudi Arabia)
Argex Titanium Inc. (Canada)
TiZir Titanium & Iron AS (Norway)
Rio Tinto (UK/Australia)
Iluka Resources (Australia)
Kenmare Resources (Ireland)
Sachtleben Chemie GmbH (Germany)
Precheza a.s. (Czech Republic)
Titanium Dioxide Market Recent Developments:
Chemours revealed, in July 2023, that it will close its Taiwanese titanium dioxide manufacturing plant. A part of this strategy is an effort to enhance the profitability of the company’s Titanium Technologies division, which is responsible for manufacturing the Ti-Pure branded product, a commonly known titanium dioxide.
PPG acquired the Powder Coating Manufacturing Company in Arsonsisi back in February 2022, pursuing backward integration.
In 2022, a new 200ktpa titanium dioxide (TiO2) pigment finishing factory is scheduled to be built at the Xiangyang site after a CNY 1 billion investment (USD 157.6 million) by LB Group. Two TiO2 pigment finishing lines with a total processing capacity of 100 ktpa of TiO2 pigment intermediate product will be built by the company.
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https://pando.life/article/496507
Forward-Looking Insights
The Titanium Dioxide Market is set to experience sustained growth, fueled by technological advancements, broader global market access, and rising industry demand. With the industry addressing emerging challenges and capitalizing on new opportunities, it is expected to drive innovation and play a pivotal role in advancing global health and economic progress.
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