Analysts’ Viewpoint on Titanium Dioxide Market Scenario
Increasing applications of titanium dioxide in various end-use industries such as paints & coatings, paper, plastic, etc. is driving the global titanium dioxide market. Rapid urbanization and rising disposable income are furling the expansion of the paints & coatings industry. Growth and advancement of paint & coatings industry in Asia Pacific is creating lucrative opportunities for the players in the titanium dioxide market. In addition, technological advancements in automotive, wood, and industrial sectors are also supporting market growth. Companies in the global titanium dioxide market are accelerating their product development and leveraging revenue opportunities to gain edge over competitors. Furthermore, low prices of titanium dioxide, along with a wide range of applications is contributing to the growth of the titanium dioxide market.
The titanium dioxide market is adversely affected by the rapid spread of coronavirus. Many companies and manufacturing industries have temporarily shuttered their business activities due to prolonged lockdown and rapidly spreading coronavirus across the globe. There has been a huge impact on the industrial sector affecting almost all sectors across the globe. Manufacturers in the titanium dioxide market are taking efforts to recover from the losses caused due to the pandemic.
The increasing demand for titanium dioxide from various end-use industries such as paints & coatings, paper, plastic, etc. is creating value-grab opportunities for manufacturers. Titanium dioxide is an odorless absorbent. It is a widely used as pigment for lending whiteness and opacity. It is also used as a bleaching agent in porcelain enamels, by offering brightness, hardness, and acid resistance. The strong presence of manufacturers operating in the global titanium dioxide market is driving to the market amid the coronavirus pandemic.
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Manufacturers operating in the global titanium dioxide market are focusing on product innovation and developments to improve their overall share in global and regional markets. Companies in the global titanium dioxide market are strengthening their product portfolio to mark their presence in a competitive market. Emergence of new technologies and advancement in product development have led to potential revenue benefits for market players. Moreover, increasing applications of titanium dioxide in various end-use industries is driving the global market, thus creating potential revenue opportunities. Companies are investing in R&D activities to explore applications of titanium dioxide in various end-use industries. Manufacturers are expanding their product portfolio to meet the rising demand from various industries.
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The global titanium dioxide market is significantly driven by rising applications in the paints & coatings industry. It is used as a raw material for the production of emulsion paints and anticorrosion, automotive, aircraft, marine, and decorative coatings. Titanium dioxide is also used as a white pigment in the paint industry. Titanium dioxide is used in coatings for construction, ships, furniture, household appliances, toys, etc. This white, solid, and inorganic material possesses high thermal stability and poor solubility. Titanium dioxide is the most widely used white pigment material in the paints & coatings industry. It efficiently scatters visible light, and thereby imparts whiteness, brightness, and opacity when incorporated into a coating. These factor makes it suitable to be used in the paints & coatings industry. In addition, architectural paints and coatings also make use of titanium dioxide. Titanium dioxide offers an excellent durable coating that can resist UV rays.
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The Asia Pacific titanium dioxide market is expected to account for a major share of the global market. There is an increasing presence of key market players operating in India and China in the titanium dioxide market. Market players are focusing on rising opportunities due to increasing demand from various end-use industries such as paints and coatings, plastic, paper, and others. Asia Pacific creates potential growth opportunities for manufacturers operating in the titanium dioxide market. In the region, companies are focusing on expanding their geographical reach to stay ahead in the market and fulfil the rising demand of consumers. Europe is also a prominent region in the global titanium dioxide market. Rise in demand for titanium dioxide in paints and coatings, plastic, and paper, industries is propelling the market in Germany.
Attribute |
Detail |
Market Size Value in 2020 (Base Year) |
US$ 15.2 Bn |
Market Forecast Value in 2031 |
US$ 22.7 Bn |
Growth Rate (CAGR) |
3.7% |
Forecast Period |
2021-2031 |
Quantitative Units |
US$ Bn for Value and Kilo Tons for Volume |
Market Analysis |
Includes cross segment analysis at global as well as regional level. Qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, supply chain analysis, and parent industry overview. |
Competition Landscape |
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Format |
Electronic (PDF) + Excel |
Market Segmentation |
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Regions Covered |
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Countries Covered |
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Companies Profiled |
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Customization Scope |
Available upon Request |
Pricing |
Available upon Request |
Titanium Dioxide Market – Segmentation
TMR’s research study assesses the global titanium dioxide market in terms of application and region. This report presents extensive market dynamics and trends associated with different segments of the market and how they are influencing growth prospects of the global titanium dioxide market.
Application |
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Region |
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1. Preface
1.1. Research Scope & Market Segmentation
1.2. Research Highlights
2. Assumptions & Research Methodology
2.1. Assumptions and Acronyms Used
2.2. Research Methodology
3. Executive Summary
3.1. Global Titanium Dioxide Market, Revenue (US$ Bn) and Volume (Kilo Tons), 2020-2031
3.2. Global Titanium Dioxide Market, by Region, 2020-2031 (US$ Bn) (Kilo Tons), 2020-2031
3.3. Market Snapshot
4. Market Overview
4.1. Application Overview
4.2. Value Chain Analysis
4.3. Value Chain Analysis
4.3.1. List of Key Raw Material Suppliers
4.3.2. List of Key Manufacturers
4.4. Key Industry Developments
4.5. Market Indicators
5. Market Dynamics
5.1. Drivers
5.2. Restraints
5.3. Key Opportunities
5.4. Porter’s Five Forces Analysis
5.5. Global Titanium Dioxide Market SWOT Analysis
6. Global Titanium Dioxide Market Analysis, by Application Size and Forecast, 2020-2031
6.1. Key Findings
6.2. Market Size by Application Analysis and Forecast (US$ Bn) (Kilo Tons), 2020-2031
6.2.1. Paints & Coatings
6.2.2. Plastic
6.2.3. Paper
6.2.4. Others
7. Global Titanium Dioxide Market Analysis and Forecast, by Region, 2020-2031
7.1. North America
7.2. Latin America
7.3. Europe
7.4. Asia Pacific
7.5. Middle East & Africa
8. Global Titanium Dioxide Market Attractiveness Analysis, by Region, 2020
9. North America Titanium Dioxide Market Analysis Size and Forecast, 2020-2031
9.1. Key Findings
9.2. North America Market Size Analysis and Forecast by Application Analysis (US$ Bn) (Kilo Tons), 2020-2031
9.3. U.S. Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
9.4. Canada Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
9.5. Canada Market Size Analysis and Forecast by Application (US$ Bn) (Kilo Tons), 2020-2031
9.6. North America Titanium Dioxide Market Attractiveness Analysis, by Country, 2020
10. Europe Titanium Dioxide Market Analysis Size and Forecast, 2020-2031
10.1. Key Findings
10.2. Europe Market Size Analysis and Forecast by Application Analysis (US$ Bn) (Kilo Tons), 2020-2031
10.3. Germany Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
10.4. U.K. Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
10.5. France Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
10.6. Italy Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
10.7. Spain Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
10.8. Rest of Europe Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
10.9. Europe Titanium Dioxide Market Attractiveness Analysis, by Country & Sub-region, 2020
11. Asia Pacific Titanium Dioxide Market Analysis Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
11.1. Key Findings
11.2. Asia Pacific Market Size Analysis and Forecast by Application Analysis (US$ Bn) (Kilo Tons), 2020-2031
11.3. China Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
11.4. India Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
11.5. Japan Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
11.6. ASEAN Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
11.7. Rest of Asia Pacific Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
11.8. Asia Pacific Titanium Dioxide Market Attractiveness Analysis, by Country & Sub-region, 2020
12. Latin America Titanium Dioxide Market Analysis Size and Forecast, 2020-2031
12.1. Key Findings
12.2. Latin America Market Size Analysis and Forecast by Application Analysis (US$ Bn) (Kilo Tons), 2020-2031
12.3. Latin America Titanium Dioxide Market Attractiveness Analysis, by Country & Sub-region, 2020
12.4. Brazil Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
12.5. Mexico Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
12.6. Rest of Latin America Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
12.7. Latin America Titanium Dioxide Market Attractiveness Analysis, by Country & Sub-region, 2020
13. Middle East & Africa Titanium Dioxide Market Analysis Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
13.1. Key Findings
13.2. Middle East & Africa Market Size Analysis and Forecast by Application Analysis (US$ Bn) (Kilo Tons), 2020-2031
13.3. GCC Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
13.4. South Africa Titanium Dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
13.5. Rest of Middle East & Africa Titanium dioxide Market Size and Forecast (US$ Bn) (Kilo Tons), 2020-2031
13.6. Middle East & Africa Titanium Dioxide Market Attractiveness Analysis, by Country & Sub-region, 2020
14. Competitive Landscape
14.1. Competition Matrix
14.2. Titanium Dioxide Market Share Analysis, by Company (2020)
14.3. Application Mapping
14.4. Company Profiles
14.4.1. The Chemours Company
14.4.1.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
14.4.1.2. Business Overview
14.4.1.3. Application/Services, Key End-user Industries
14.4.1.4. Financial Overview
14.4.1.5. Business Strategy
14.4.1.6. Recent Developments
14.4.2. CRISTAL
14.4.2.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
14.4.2.2. Business Overview
14.4.2.3. Application/Services, Key End-user Industries
14.4.2.4. Business Strategy
14.4.3. Tronox Limited
14.4.3.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
14.4.3.2. Business Overview
14.4.3.3. Application/Services, Key End-user Industries
14.4.3.4. Business Strategy
14.4.4. Kilburn Chemicals Limited
14.4.4.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
14.4.4.2. Business Overview
14.4.4.3. Application/Services, Key End-user Industries
14.4.4.4. Business Strategy
14.4.4.5. Recent Developments
14.4.5. Evonik Industries AG
14.4.5.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
14.4.5.2. Business Overview
14.4.5.3. Application/Services, Key End-user Industries
14.4.5.4. Business Strategy
14.4.5.5. Recent Developments
14.4.6. KRONOS Worldwide, Inc.
14.4.6.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
14.4.6.2. Business Overview
14.4.6.3. Application/Services, Key End-user Industries
14.4.7. Grupa Azoty Police
14.4.7.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
14.4.7.2. Business Overview
14.4.7.3. Application/Services, Key End-user Industries
14.4.8. Huntsman International LLC
14.4.8.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
14.4.8.2. Business Overview
14.4.8.3. Application/Services, Key End-user Industries
14.4.9. Tayca Corporation
14.4.9.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
14.4.9.2. Business Overview
14.4.9.3. Application/Services, Key End-user Industries
14.4.10. CINKARNA Celje d.d.
14.4.10.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
14.4.10.2. Business Overview
14.4.10.3. Application/Services, Key End-user Industries
List of Tables
Table 01: Global Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 02: Global Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) and Forecast, by Region, 2020-2031
Table 03: North America Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 04: North America Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Country, 2020-2031
Table 05: U.S. Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 06: Canada Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 07: Europe Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 08: Europe Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Country & Sub-region, 2020-2031
Table 09: Germany Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 10: U.K. Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 11: France Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 12: Spain Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 13: Italy Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 14: Rest of Europe Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 15: Asia Pacific Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 16: Asia Pacific Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Country & Sub-region, 2020-2031
Table 17: China Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 18: India Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 19: Japan Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 20: ASEAN Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application 2020-2031
Table 21: Rest of Asia Pacific Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 22: Latin America Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 23: Latin America Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Country, 2020-2031
Table 24: Middle East & Africa Titanium Dioxide ide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 25: Middle East & Africa Titanium Dioxide Market Volume
Table 26: Middle East & Africa Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn)Forecast, by Country & Sub-region, 2020-2031
Table 27: GCC Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 28: South Africa Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
Table 29: Rest of Middle East & Africa Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020-2031
List of Figures
Figure 01: Global Titanium Dioxide Market Share, by Region, 2020–2031
Figure 02: Global Titanium Dioxide Market Value Share Analysis, by Application, 2020–2031
Figure 03: Global Titanium Dioxide Market Attractiveness Analysis, by Application
Figure 04: Global Titanium Dioxide Market Value Share Analysis By Region Application, 2020 and 2031
Figure 05: Global Titanium Dioxide Market Attractiveness Analysis, by Region, 2020
Figure 06: North America Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn), 2020–2031
Figure 07: North America Titanium Dioxide Market Attractiveness Analysis, by Country
Figure 08: North America Titanium Dioxide Market Value Share Analysis, by Application, 2020–2031
Figure 09: North America Titanium Dioxide Market Value Share Analysis, by Country, 2020 and 2031
Figure 10: Europe Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn), 2020–2031
Figure 11: Europe Titanium Dioxide Market Attractiveness Analysis, by Country & Sub-Region
Figure 12: Europe Titanium Dioxide Market Value Share Analysis, by Application, 2020–2031
Figure 13: Europe Titanium dioxide Market Value Share Analysis, by Country & Sub-Region, 2020–2031
Figure 14: Asia Pacific Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn), 2020–2031
Figure 15: Asia Pacific Titanium Dioxide Market Attractiveness Analysis, by Country & Sub-Region
Figure 16: Asia Pacific Titanium Dioxide Market Value Share Analysis, by Application, 2020–2031
Figure 17: Asia Pacific Titanium Dioxide Market Value Share Analysis, by Country & Sub-Region, 2020–2031
Figure 18: Latin America Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn), 2020–2031
Figure 19: Latin America Titanium Dioxide Market Attractiveness Analysis, by Country & Sub-region
Figure 20: Latin America Titanium Dioxide Market Value Share Analysis, by Application, 2020–2031
Figure 21: Latin America Titanium Dioxide Market Value Share Analysis, by Country & Sub-Region, 2020–2031
Figure 22: Middle East & Africa Titanium Dioxide Market Volume (Kilo Tons) and Value (US$ Bn), 2020–2031
Figure 23: Middle East & Africa Titanium Dioxide Market Attractiveness Analysis, by Country & Sub-Region
Figure 24: Middle East & Africa Titanium Dioxide Market Value Share Analysis, by Application, 2020–2031
Figure 25: Middle East & Africa Titanium Dioxide Market Value Share Analysis, by Country & Sub-Region, 2020–2031
Figure 26: Middle East & Africa Titanium Dioxide Market Value Share Analysis, by Country & Sub-Region, 2020–2031