Titanium Dioxide Market Growth, Trends, Size, Analysis, Challenges and Future Outlook
Titanium Dioxide Market Growth, Size, Trends Analysis - By Application, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jul-2018 | Report ID: CHEM1805 | Pages: 1 - 256 | Formats*: |
| Category : Chemical & Materials | |||
Titanium Dioxide Market Introduction and Overview
According to SPER Market Research, the Global Titanium Dioxide Market is estimated to reach USD 42.26 billion by 2034 with a CAGR of 6.83%.
The report includes an in-depth analysis of the Global Titanium Dioxide Market, including market size and trends, product mix, Applications, and supplier analysis. The global titanium dioxide market is expanding at a rapid pace. Increasing investments in chloride production processes, as well as a thriving building industry around the world, are expected to drive growth in the titanium dioxide (TiO2) market in the coming years. Growing building activities are favorably influencing the need for paints and coatings, resulting in significant demand for TiO2. However, a variety of laws governing the usage of the product are projected to limit market expansion.
By Application Insights: The titanium dioxide market is segmented by application, including paints, coatings, plastics, photo-electrode, pigment, paper, cosmetics, food additives, and others. The paints and coatings industry is driving titanium dioxide market expansion in the application sector. Titanium dioxide-based paints and coatings provide superior coverage, brightness, whiteness, opacity, and durability.
By End User Insights: The titanium dioxide market is segmented by end users, including automotive, personal care, pharmaceuticals, food and drinks, construction sector, and others. The automotive sub-segment has the biggest market share, owing to the growing need for lightweight automobiles, which require considerable volumes of titanium dioxide.
By Regional Insights: The Asia Pacific region dominated the titanium dioxide market in 2024, accounting for the majority of revenues. This region's growing building activity is responsible for its high demand for paints and coatings, which is expected to drive product demand growth even further. Rising fuel prices and concerns about environmental pollution generated by gasoline-powered vehicles are driving up demand for electric vehicles, expanding the Asia Pacific automotive market.
Market Competitive Landscape:
Some of the market's prominent companies are The Chemours Company, Tronox Holdings plc, Evonik Industries AG, and KRONOS Worldwide Inc.
Established firms compete and outperform regional players by strategically integrating across the value chain to enable smooth supply chain operations while lowering production and operational expenses. Furthermore, companies that manufacture TiO2 develop new products and production technologies. Companies are also backward integrating to reduce the operational costs associated with raw material procurement.
Recent Developments:
- In July 2024, Kronos Worldwide Inc. strengthened its position in the titanium dioxide market by acquiring a 50% stake in the Louisiana Pigment Company from Venator Materials pic. The deal, worth USD 185 million, included an additional possible USD 15 million through an earn-out option, giving Kronos full control of the LPC manufacturing facility.
- In May 2023, Chemours launched Ti-Pure TS-6700, a high-performance titanium dioxide grade for waterborne architectural coatings. This eco-friendly product is free from TMP and TME, relies on 100% renewable electricity, and features an organic bio-based surface treatment.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Application, By End User. |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
| Companies Covered | Argex Titanium Inc, CRISTAL, DuPont, Evonik Industries, Huntsman International LLC, N.L. Industries Inc, Shandong Doguide Group Co. Ltd, Tayca Corporation, The Chemours Company, Tronox Limited. |
Key Topics Covered in the Report:
- Global Titanium Dioxide Market Size (FY’2021-FY’2034)
- Overview of Global Titanium Dioxide Market
- Segmentation of Global Titanium Dioxide Market By Application (Paints, Coatings Plastics, Photo-electrode, Pigment, Paper, Cosmetics, Food Additives, and Others)
- Segmentation of Global Titanium Dioxide Market By End User (Automotive, Personal Care, Pharmaceutical, Food & Beverages, Construction Industry, and Others)
- Statistical Snap of Global Titanium Dioxide Market
- Expansion Analysis of Global Titanium Dioxide Market
- Problems and Obstacles in Global Titanium Dioxide Market
- Competitive Landscape in the Global Titanium Dioxide Market
- Details on Current Investment in Global Titanium Dioxide Market
- Competitive Analysis of Global Titanium Dioxide Market
- Prominent Players in the Global Titanium Dioxide Market
- SWOT Analysis of Global Titanium Dioxide Market
- Global Titanium Dioxide Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPERs internal database2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Titanium Dioxide Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Titanium Dioxide Market
7. Global Titanium Dioxide Market, By Application (USD Million) 2021-2034
7.1. Paints7.2. Coatings Plastics7.3. Photo-electrode7.4. Pigment7.5. Paper7.6. Cosmetics7.7. Food Additives7.8. Others
8. Global Titanium Dioxide Market, By End User (USD Million) 2021-2034
8.1. Automotive8.2. Personal Care8.3. Pharmaceutical8.4. Food & Beverages8.5. Construction Industry8.6. Others
9. Global Titanium Dioxide Market, (USD Million) 2021-2034
9.1. Global Titanium Dioxide Market Size and Market Share
10. Global Titanium Dioxide Market, By Region, (USD Million) 2021-2034
10.1. Asia-Pacific
10.1.1. Australia10.1.2. China10.1.3. India10.1.4. Japan10.1.5. South Korea10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France10.2.2. Germany10.2.3. Italy10.2.4. Spain10.2.5. United Kingdom10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia10.3.2. United Arab Emirates10.3.3. Qatar10.3.4. South Africa10.3.5. Egypt10.3.6. Morocco10.3.7. Nigeria10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada10.4.2. Mexico10.4.3. United States
10.5. Latin America
10.5.1. Argentina10.5.2. Brazil10.5.3. Rest of Latin America
11. Company Profile
11.1. Argex Titanium Inc
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. CRISTAL
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. DuPont
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Evonik Industries
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Huntsman International LLC
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. N.L. Industries Inc
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Shandong Doguide Group Co. Ltd
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. Tayca Corporation
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. The Chemours Company
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. Tronox Limited
11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Titanium Dioxide Market is projected to reach USD 42.26 billion by 2034, growing at a CAGR of 6.83% during the forecast period.
Titanium Dioxide Market grew in Market size from 2025. The Market is expected to reach USD 42.26 billion by 2034, at a CAGR of 6.83% during the forecast period.
Titanium Dioxide Market CAGR of 6.83% during the forecast period.
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Titanium Dioxide Market size is USD 42.26 billion from 2025 to 2034.
Titanium Dioxide Market is covered By Application, By End User.
The North America is anticipated to have the highest Market share in the Titanium Dioxide Market.
The key players in the Market include Companies Covered Argex Titanium Inc, CRISTAL, DuPont, Evonik Industries, Huntsman International LLC, N.L. Industries Inc, Shandong Doguide Group Co. Ltd, Tayca Corporation, The Chemours Company, Tronox Limited. and others.
The global titanium dioxide market is expanding at a rapid pace. Increasing investments in chloride production processes, as well as a thriving building industry around the world, are expected to drive growth in the titanium dioxide (TiO2) market in the coming years.
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