The global titanium dioxide market is expected to witness significant growth, during the forecast period due to growing consumption in the paints and coatings industry, increasing demand for light weight automotive vehicles and increasing consumption in the cosmetics industry. Additionally, the growing demand from cosmetics, paints and coatings and plastics is expected to further bolster the growth in the ... Read more
The Global Titanium Dioxide (TiO2) Market was evaluated around USD 10.21 billion in the 2014 and is expected to reach approximately USD 16.67 billion by the end of 2023 while registering itself at a compound annual growth rate (CAGR) of 5.60% over the forecast period. The growing per capita consumption of pigments in developing countries and escalating need for titanium dioxide from varying end user industries have together resulted in the global growth of titanium dioxide market.
The global titanium dioxide market is expected to reach USD 27.49 billion by 2024 owing to the increasing demand of titanium dioxide in paper, paint & coating, cosmetics, and plastic industries. In 2014, DuPont titanium technologies started a manufacturing facility in Alamira, Mexico having a capacity of 200,000 tons/year which will help in fulfilling the demand worldwide.
The global titanium dioxide market is expected to witness significant growth during the forecast period (2018-2023) due to growing consumption in the paints and coatings industry, increasing demand for light weight automotive vehicles and increasing consumption in the cosmetics industry.
Based on application, the global titanium dioxide market has ... Read more
