The Global Titanium Dioxide Market is expected to be valued at USD 29.48 Billion by 2027 from USD 21.21 billion in 2019, registering a CAGR of 4.2% through the forecast period. Titanium dioxide is a naturally occurring oxide of titanium that is usually white in color, odorless, and highly absorbent. Mainly sourced from rutile, ilmenite, and anatase, titanium dioxide is widely used as an opacifying and bleaching agent in porcelain enamels. The significant characteristics of titanium dioxide include hardness, brightness, color retention, high dispersibility, acid resistance, UV protection, and enhanced durability.
The global titanium dioxide market is expected to account for a substantially high revenue share over the forecast timeline. The market growth is significantly supported by the extensive use of the chemical compound across various industries, including paints & coatings, automotive, personal care & cosmetics, construction, textiles, pharmaceuticals, and plastics. Titanium dioxide is used in a variety of cosmetic products, such as sunscreens, moisturizers, nail varnishes, and eye cosmetics, owing to its brightness, color retention, and protection against harmful UV rays. It finds major applications in the construction industry in thermal cladding, window profiles, water tanks, drainage systems, and heat-reflective panels, which is another significant market growth propeller.
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Titanium dioxide is in high demand across the rubber, printing inks, and chemical fiber industries. It is widely used in printing inks for lamination, flexographic printing, screen printing, and decorative metal inks. The other crucial applications of titanium dioxide include self-cleaning concrete, self-cleaning paints and fabric, and antimicrobial coatings, owing to the product’s excellent self-cleaning properties. However, the product prices and the growing availability of alternatives, such as zinc oxide, antimony oxide, lithopone, and carbonates, are expected to restrain the market growth in the years to come.
Key findings of the report:
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For the purpose of this report, the global titanium dioxide market has been segmented on the basis of grade, process, end-user, and region:
By Grade (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
By Process (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
By End-user (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
By Region (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
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Table of contents
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2018-2026 Chapter 3. Indicative Metrics 3.1. Macro Indicators 3.1.1. Increasing global demand across various end-users 3.1.2. Increasing incidence of skin cancer 3.1.3. Global exporters of beauty, makeup and suntan preparations 3.1.4. Global importers of beauty, makeup and suntan preparations 3.1.5. Cosmetic Sector Share Chapter 4. Titanium Dioxide Market Segmentation & Impact Analysis 4.1. Titanium Dioxide Segmentation Analysis 4.2. Industrial Outlook 4.3. Regulatory Framework 4.4. Titanium Dioxide Market Impact Analysis 4.4.1. Market driver analysis 4.4.1.1. Increased adoption of sunscreen for protection against UV rays 4.4.1.2. Increasing applications of titanium dioxide for automotive paint & coatings 4.4.1.3. Increasing research and development in the cosmetics sector 4.4.2. Market restraint analysis 4.4.2.1. Health problems associated with the continuous usage of titanium dioxide 4.4.2.2. Growing environmental concern 4.5. Key opportunities prioritized Chapter 5. Titanium Dioxide Market By Grade Insights & Trends 5.1. Grade Dynamics & Market Share, 2018 & 2026 5.2. Rutile 5.2.1. Market estimates and forecast, 2016 – 2026 (USD Million) (Kilo Tons) 5.2.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million) (Kilo Tons) 5.3. Anatase 5.3.1. Market estimates and forecast, 2016 – 2026 (USD Million) (Kilo Tons) 5.3.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million) (Kilo Tons) Chapter 6. Titanium Dioxide Market By Process Insights & Trends
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